Overview
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Our Vision
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com.
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The Role
The Public Policy and Government Affairs (PPGA) team helps PepsiCo navigate the increasingly volatile and complex policy and regulatory landscape in which our company operates. By anticipating opportunities and risks, we facilitate positive environments and avoid discriminatory regulations. Further, our proactive engagement with a range of external stakeholders ensures PepsiCo has a seat at the negotiating table and allows us to help shape fair policies that are science-based and protect consumer choice.
In this role, you will manage key legislative and regulatory issues in California, amidst a dynamic policy and regulatory environment to protect and support PepsiCo's growth ambition. You will develop, enhance, and execute a strategic vision and multi-year strategy for PPGA in terms of public policy, regulations, government affairs, industry and trade relations. You will focus on State government outreach and be the principal advocate in front of policy makers and the administration.
This role is based in Sacramento, CA.
Responsibilities
- Pro-actively scan the environment for key policy matters as they "bubble up" or track/trend in the civic /social, business and government spaces to ensure that through this "radar" activity the company stays abreast of any pending legislative/regulatory risks to develop a risk mitigation or risk opportunity leverage plan.
- Ensure early identification of legislative/regulatory business risks and align internal stakeholders to address the relevant legislative/regulatory risks, develop legislative policy positions aligned with organizational goals, including drafting proposed legislation or amendments.
- Ensure sector and corporate are advised of key legislative/regulatory risks due to contagion effect across geographies and align corporate plans with respect to proactive risk mitigation.
- Monitor and research current and relevant emerging public policy issues concerning how PepsiCo should work with allied organizations and industries.
- Provide external insight into the company with respect to key policy and regulatory matters that affect the implementation of the commercial and business operational strategy. Decode the external environment into the company.
- Strategic advisory on confidential and sensitive matters including but not limited to due diligence, stakeholder reputation and goodwill insights, new partnerships, mergers, and acquisitions, etc.
- Maintaining a range of internal and external-facing platforms to distribute and manage public policy content.
WORK WITH AND SHAPE INDUSTRY BODIES, TRADE ASSOCIATIONS AND GOVERNMENT AFFAIRS
Set up relevant industry associations and ensure PepsiCo is part of the larger government-private sector consultative process.
- Represent the Company on key government and industry representative bodies, governance structures.
- Represent the company in external meetings with governments, third parties, and various industry/trade associations, etc.
- Ensure the PepsiCo position is understood and shape/impact industry positioning to align to the PepsiCo key materiality frameworks and facts.
- Influence public policy in support of PepsiCo's business objectives and enhance the company's reputation by building coalitions across community partners, industries, and trade blocs.
LEADING EXTERNAL 'BETTER' PARTNERSHIPS
Drive strategic partnerships to advance PepsiCo's global goals and commitments. This includes packaging, nutrition/health & wellness, sustainable agriculture and other 'Better' goals.
- Represent PepsiCo's position at the negotiations with lawmakers and regulatory agencies, advocate groups & NGO's when appropriate.
- Represent PepsiCo in external interest groups (e.g. business networks, multi-stakeholder platforms) and ensure these are delivering value for PepsiCo; guide direct report participation in such networks as applicable.
- Liaise with local, state and regional, NGOs where relevant.
Support Annual/Strategic Plans and Budgets; for the totality of the business, including inputs into BU Operating Plans, Sector Strategy plans and joint business planning processes with partners.
- Ensure effective crisis mitigation/management from a PPGA perspective.
- Develop and strengthen PPGA division in liaison with GM's and HR teams.
- Embed and drive best practice standards for PepsiCo PPGA function across all key areas.
- Clear communication of vision and strategy of Corporate Affairs and PPGA initiatives
- Provide value-adding support to the Business in terms of business improvement initiatives.
Compensation and Benefits:
- The expected compensation range for this position is between $106,400 - $178,100.
- Location, confirmed job-related skills, experience, and education will be considered in setting actual starting salary. Your recruiter can share more about the specific salary range during the hiring process.
- Bonus based on performance and eligibility target payout is 12% of annual salary paid out annually.
- Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement.
- In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility: Medical, Dental, Vision, Disability, Health, and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan.
Qualifications
Minimum Qualifications:
- Bachelor's degree in Political Science, public policy, Legal, Economics or related field or related experience
- 5+ years of relevant experience in a legislative affairs or government affairs.
Preferred Qualifications:
- Industry exposure to fast moving consumer goods would be highly advantageous
- Proven track record in senior stakeholder management and advising the board and leadership on the most effective corporate affairs strategies
- Strategic thinking to set direction and shape future environment as well as executional excellence
- Strong communication skills; must also be able to effectively communicate with executives, government and general audiences.
EEO Statement
Our Company will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Credit Reporting Act, and all other applicable laws, including but not limited to, San Francisco Police Code Sections 4901-4919, commonly referred to as the San Francisco Fair Chance Ordinance; and Chapter XVII, Article 9 of the Los Angeles Municipal Code, commonly referred to as the Fair Chance Initiative for Hiring Ordinance.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.
PepsiCo is an Equal Opportunity Employer: Female / Minority / Disability / Protected Veteran / Sexual Orientation / Gender Identity
If you'd like more information about your EEO rights as an applicant under the law, please download the available EEO is the Law & EEO is the Law Supplement documents. View PepsiCo EEO Policy.
Please view our Pay Transparency Statement