REV. SHARPTON ISSUES STATEMENT AFTER MEETING WITH PEPSICO EXECUTIVES AT COMPANY’S CORPORATE HEADQUARTERS THIS MORNING

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Apr 15, 2025

Notes Corporate Leaders Had Constructive Meeting, With More Discussions to Come in Days Ahead

NEW YORK, NY (April 15, 2025) — Rev. Al Sharpton, Founder and President of the National Action Network (NAN), issued the following statement after meeting with PepsiCo leadership at the company’s global headquarters in Purchase, NY this morning.

“This morning, I and several members of NAN met with PepsiCo Chairman Ramon Laguarta and CEO of PepsiCo North America Steven Williams for more than an hour to discuss our grievances over reports they were rolling back nearly $500 million in DEI commitments. It was a constructive conversation, which PepsiCo agreed to hold within the 21 days we gave them to meet. We agreed to follow up meetings within the next few days. After that continued dialogue, NAN Chairman Dr. W. Franklyn Richardson and I, both former members of the company’s African American Advisory Board, will make a final determination and recommendation to the organization on what we will do around PepsiCo moving forward, as we continue to deal with a broader swath of corporations with whom we will either boycott or buy-cott.”

About National Action Network (NAN)

National Action Network is one of the leading civil rights organizations in the Nation with chapters throughout the entire United States. Founded in 1991 by Reverend Al Sharpton, NAN works within the spirit and tradition of Dr. Martin Luther King, Jr. to promote a modern civil rights agenda that includes the fight for one standard of justice, decency and equal opportunities for all people regardless of race, religion, nationality or gender.

For more information go to www.nationalactionnetwork.net.