PepsiCo was founded in 1965, as a merger between Pepsi-Cola and Frito-Lay. This merger made PepsiCo a powerhouse in the food and beverage processing industry, with 22 brands including Gatorade, Tropicana, Aquafina and Naked Juice that are household names around the world. This roster has helped PepsiCo achieve an impressive performance of $1 billion in retail sales and $66 billion in net revenue in 2013 alone. Alongside its business performance, PepsiCo is proud of its commitments to high standards in areas like sustainability and workplace diversity. In 2013 PepsiCo was ranked #1 on CoreBrand’s Most Respected Companies list and #3 on the Consumer Food Products industry sub-list among Fortune’s Most Admired Companies.