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PEPSICO CAMPAIGN INSPIRES AND CELEBRATES WOMEN THRIVING IN SUPPLY CHAIN CAREERS

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She is PepsiCo Campaign Expands to Global Markets and Spotlights Females Succeeding in Frontline Careers; Photos of Female Drivers, Mechanics and Merchandisers Replace PepsiCo Products on High-Visibility Trucks

PURCHASE, N.Y., Feb. 29, 2024 /CNW/ — PepsiCo today announced the global She is PepsiCo campaign, which will include recognition of women who work in frontline roles in markets around the world, showcasing their transformative abilities, and helping to recruit even more to apply for frontline roles. The annual program rebrands some of the company’s highly visible delivery trucks with the names and faces of She is PepsiCo honorees. Featuring photos of these employees in their work settings, in place of the company’s brands, is at the heart of how the global campaign aims to celebrate and empower women.

She is PepsiCo Campaign Expands to Global Markets and Spotlights Females Succeeding in Frontline Careers

A 2023 Gartner survey showed that women made up 41% of the total supply chain workforce, up from 39% in 2022. However, the same survey also found that when you look specifically at frontline representation in the supply chain workforce, women filled just 31% of these roles.1 Women account for about half of the U.S. labor force, but represent less than one-third of the manufacturing workforce.2

PepsiCo recognizes the importance of women seeing the opportunities available to them. The She is PepsiCo campaign demonstrates how women can build and grow a meaningful frontline career at PepsiCo supported by the tools and culture to nurture their continued development.

“Getting more women to apply for frontline roles isn’t just beneficial for the employees, their families and the communities where we operate — it’s also important to our business,” said Becky Schmitt, Chief Human Resource Officer, PepsiCo. “PepsiCo wants women to clearly see the career opportunities that are available to them and hear from the women who are thriving in frontline careers, and beyond. We hope people who see these trucks in markets around the world will be inspired to apply for a role at PepsiCo.” 

More than two dozen women across the United States and Canada are 2024 She is PepsiCo honorees. The women being recognized work as truck drivers, mechanics, merchandisers, and warehouse loaders, among other frontline roles. Each of the women will be honored at local truck-unveiling events, where they will see their name and photo on a PepsiCo truck that will roll through their community. 

“This is the third year we’re honoring PBNA’s exemplary frontline women through She is PepsiCo and I’m always moved by the individual career journeys of the honorees and the important role they each play in our business — making, moving and selling our products,” said Andrea Ferrara, Chief Human Resource Officer, PepsiCo Beverages North America (PBNA).  “Our business truly relies on excellence in these frontline roles. I am proud that PBNA creates these unique moments of recognition to help drive belonging for all our employees, making a large company feel small.”

Measurable Business Impact
The She is PepsiCo campaign started in 2022 with PBNA’s West Division, expanded nationally in 2023 and is now a global campaign. Female applicants for frontline roles at PBNA have increased by 6% since 2022. In 2023, PBNA saw broad frontline retention improvements, with 210 sites reducing turnover by 10 percent. And, in the past two years, more than 800 frontline associates were promoted to supervisory roles.

The Women Leading PepsiCo’s North American Supply Chain
A goal of the She is PepsiCo campaign is for the company’s workforce to mirror the communities where it operates. This is reflected in PepsiCo’s Supply Chain senior leadership. Karen Jordan is the Chief Supply Chain Officer for PBNA, and Laura Maxwell is the Chief Supply Chain Officer for PepsiCo Foods North America (PFNA). Jordan began her career at PepsiCo as an Integrated Planning Manager in New York in 2002, while Maxwell kicked off her career at PepsiCo as a Plant Project Engineer in Iowa in 1989. Jordan and Maxwell collectively lead nearly 100,000 frontline employees spanning operations, transportation, and manufacturing for PepsiCo’s $55 billion North American business units (in 2023 net revenue).

She Is PepsiCo Honoree Profiles
The She is PepsiCo campaign visibly spotlights the diverse array of women in frontline roles at the company. Each of the honorees has a unique career journey, finds different value from their role, and has individual career goals. These are a few of their stories:

Tracy Pendleton is a Transport Driver in Cranston, RI. After managing a convenience store, she made a career change to driving with her CDL A. Being a driver for PepsiCo allows her to have a career she loves and be home every night with her sons.Watch Pendleton get surprised by her colleagues and the New England PatriotsSterling Graham joined our Orillia, Ontario, Canada team as a merchandiser in 2019 and set her sights on completing a PepsiCo-sponsored Class AZ commercial driver’s license course. Today, she’s one of PepsiCo’s drivers and a dedicated team member who ensures that PepsiCo beverages are delivered to stores and customers.Kanoe Kapana is a Large Format Bulk Customer Representative in Salt Lake City, UT and joined PepsiCo in a merchandising role after previous jobs in automotive and HR. Kapana begins her day at 5:00am, where she spends her shift navigating assigned accounts and ensuring shelves are filled, back stock is organized, and displays are appealing.Casey Bair is a Large Format Sales Representative in Frederick, MD who has been working at PepsiCo for 5 years. Bair starts her day with her largest account, walking the store, engaging with customers and employees, and ensuring everything is well-stocked.Joni Woitas is a Machine Operator in Burnsville, MN with 32 years of experience. Originally captivated by her daily passing of a PepsiCo facility in Rhode Island, she has held various frontline operations roles at PepsiCo and is currently a CO2 Tank Filler Operator.

Building a Pipeline of Women in STEM
Many of PepsiCo’s frontline careers are based in STEM, and building a pipeline of women for STEM roles has been a long-standing priority and commitment for PepsiCo. PepsiCo is a founding member of the global Million Women Mentors initiative and in the decade since founding, PepsiCo employees have collectively pledged more than 23,000 volunteer hours, with a focus on mentoring women and girls in STEM, particularly in underserved communities.  

She is PepsiCo reflects PepsiCo’s “A Space to Be You” aspiration to create a collaborative, equitable, and inclusive space where everyone, regardless of what we look like, where we come from, or whom we love, has a voice. This mantra extends to PepsiCo’s business partners and the communities it serves, and helps drive the company’s progress toward its pep+ ambitions, including achieving gender parity in management roles globally, maintaining pay equity, and helping to uplift underserved communities around the world.

Explore Open Roles
Learn more about career opportunities at PepsiCo at www.SheisPepsiCo.com

About PepsiCo 
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 $91 billion in net revenue in 2023, 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. 

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). 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, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo. 

Media Contact: MediaRelations@PepsiCo.com

1 https://www.gartner.com/en/newsroom/press-releases/2023-06-29-gartner-says-26-percent-of-supply-chain-csuite-roles-now-filled-by-women
2 https://nam.org/manufacturers-unveil-landmark-campaign-to-close-gender-gap-in-workforce-16930/?stream=series-press-releases

SOURCE PepsiCo

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Bloomberg Introduces Spread-to-Benchmark Quoting for EUR and GBP Portfolio Trading Baskets

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LONDON, June 2, 2026 /PRNewswire/ — Bloomberg today announced the launch of Spread-to-Benchmark quoting and trading for Euro (EUR) and Sterling (GBP) denominated portfolio trades through its Portfolio Trading Basket Builder (PTBB). The new functionality expands the range of quoting protocols available for European credit portfolio trading and reflects growing client demand for spread-based execution workflows, alongside increased dealer support for the convention across EUR and GBP markets.

Spread-to-Benchmark quoting is a well-established protocol for USD credit portfolio trades and is used by market participants to evaluate and execute portfolio trades. By extending this workflow to EUR and GBP portfolio trades, Bloomberg enables clients and dealers to transact using a familiar spread-based methodology across additional credit markets. 

The introduction of Spread-to-Benchmark quoting for EUR and GBP baskets reflects increased client interest in evaluating portfolio trades through a spread-based lens and the growing adoption of spread-based execution workflows in European credit markets. The workflow provides market participants with an additional framework for assessing the relationship between credit spread risk and underlying government bond yields when pricing and executing portfolio trades. 

Additional Workflow Flexibility 
The workflow complements Bloomberg’s existing portfolio trading capabilities, which support the full range of market-standard quoting conventions, including Price, Yield, Spread-to-Benchmark and Spread based workflows that reference Bloomberg’s evaluated pricing service (BVAL). This gives clients flexibility to compare and execute portfolio trades using the quoting methodology that best aligns with their investment objectives, execution preferences and internal risk management processes. 

“European credit clients continue to look for execution workflows that reflect how they evaluate risk and monitor portfolio trading outcomes,” said Harry Street, Global Head of Credit and Equities Trading Product at Bloomberg. “By expanding dealer support for Spread-to-Benchmark quoting for EUR and GBP baskets, Bloomberg is broadening the range of workflow options available to clients trading European credit portfolios.” 

“Portfolio trading workflows in fixed income continue to become more sophisticated as institutional investors look for ways to evaluate execution quality in changing market conditions,” said Kevin McPartland, Head of Market Structure & Technology Research at Crisil Coalition Greenwich. “Spread-based quoting helps market participants more clearly distinguish between the impacts of credit spread and underlying rates movements when determining how best to execute a portfolio trade.” 

Bloomberg’s Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-introduces-spread-to-benchmark-quoting-for-eur-and-gbp-portfolio-trading-baskets-302787922.html

SOURCE Bloomberg L.P.

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Dr. Sunho Kang, a senior battery-technology executive with leadership experience at major global battery and EV manufacturers, joins TeraWatt Technology as Head of Product and Technology

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SAN FRANCISCO, June 2, 2026 /PRNewswire/ — TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce that Dr. Sunho Kang has joined the company as Head of Product and Technology.

Dr. Kang is a globally recognized battery-technology executive with more than 25 years of leadership experience spanning the United States, Asia, and Europe, and a distinguished track record of advancing innovations from laboratory research through gigafactory-scale production. He has held senior executive positions at world-leading organizations including Samsung SDI, Apple, and Volkswagen Group of America, and brings deep expertise in lithium-ion battery materials, cell engineering, and product industrialization across a broad range of applications, including electric vehicles and energy storage systems.

At TeraWatt, Dr. Kang will lead global product development and the commercialization of TeraWatt’s battery technology platform, aiming to accelerate the delivery of TeraWatt’s competitive products as well as the technology and commercialization roadmap including manufacturing scale-up.

Dr. Kang commented:

“I am thrilled to join TeraWatt Technology as Head of Product and Technology. TeraWatt’s innovative battery platform presents a tremendous opportunity to push the boundaries of lithium-ion technology, and I look forward to working with the team to accelerate product development and commercialization to deliver meaningful impact.”

TeraWatt Technology founder CEO Ken Ogata, Ph.D. commented:

“We are thrilled to welcome Dr. Kang as our Head of Product and Technology. His deep expertise in battery materials, cell engineering, and productization will be instrumental in accelerating TeraWatt’s product roadmap and technology leadership. Together with Dr. Kang, we will continue to drive our mission forward.”

About TeraWatt Technology Inc.
TeraWatt Technology Inc. is a California-based company that produces lightweight, high-power, and safe next-generation lithium-ion batteries.

Company Overview
Name: TeraWatt Technology Inc.
Representative: Co-founder and CEO Ken Ogata
Headquarters: 28 Geary St, Suite 650, San Francisco, CA 94108, United States
Founded: January 2020
Established: December 2019
URL: https://www.terawatt-technology.com/

 

View original content:https://www.prnewswire.com/news-releases/dr-sunho-kang-a-senior-battery-technology-executive-with-leadership-experience-at-major-global-battery-and-ev-manufacturers-joins-terawatt-technology-as-head-of-product-and-technology-302786854.html

SOURCE TeraWatt Technology Inc.

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Tencent Cloud and Soniox Announce Strategic Partnership: Combining Advanced Speech-to-Text (STT) Technology with Global Real-Time Infrastructure

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HONG KONG, June 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic partnership with Soniox, a San Francisco-based speech AI company that specializes in developing high-accuracy, low-latency speech AI solutions. The collaboration integrates Soniox’s speech-to-text (STT) technology with Tencent Cloud’s Real-Time Communication (TRTC) enterprise-grade global infrastructure, enabling enterprises to build and deploy multilingual voice AI applications across 200+ countries and regions.

Elevating Enterprise Voice AI at a Global Scale

In enterprise voice AI deployments, latency directly affects user experience and application reliability. The integration of Soniox’s high-accuracy, low-latency STT with TRTC’s global transmission infrastructure reduces latency across the entire pipeline, creating a comprehensive end-to-end solution for enterprises deploying conversational AI applications worldwide.    

Soniox is the voice platform for every language. Unlike legacy speech AI, which was built primarily for English-speakers, Soniox delivers native-speaker accuracy across 60+ languages. Its technology can handle mid-sentence language switching — a user can switch between English and Chinese in a single utterance, and Soniox will capture every word with complete accuracy. All of this works through a single API that works for both speech-to-text and text-to-speech.

By integrating TRTC, the partnership leverages an enterprise-grade real-time communication backbone featuring more than 3,200 global nodes, sub-300 ms worldwide latency, and advanced capabilities such as AI noise suppression and weak-network resilience. These capabilities enable conversational AI applications to operate reliably across diverse network environments, including regions such as Southeast Asia and Africa.

With the roll out of this partnership, developers can integrate the Soniox STT API directly within the Tencent Cloud console. Whether targeting English-speaking markets or supporting languages such as Arabic, Hindi, and Malay, enterprises can build global voice applications — including intelligent customer service, voice assistants, real-time translation, and meeting transcription — to address the demands of expansion into emerging markets and multilingual scenarios.

Wison Xie, Head of Product at Tencent RTC, stated: “Tencent RTC has always been committed to providing reliable real-time communication infrastructure for global enterprises. Our partnership with Soniox brings together our strengths in enterprise-grade audio transmission and Soniox’s advanced speech recognition technology. Together, we are making it easier for businesses to deploy accurate, low-latency voice AI applications across any language and any market.”

Klemen Simonic, CEO at Soniox Inc., stated “At Soniox, our mission is to help businesses understand every word, in any language, with native speaker accuracy and exceptional speed. Partnering with Tencent Cloud combines our speech AI with world-class real-time infrastructure, enabling enterprises to build voice AI experiences that scale globally with low latency and reliability.”

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Tencent RTC:

Tencent RTC provides real-time communication solutions, including audio/video calling, live streaming, and in-game voice. With enterprise-grade security, AI-powered enhancements, and a global network of over 3,200 nodes, Tencent RTC powers mission-critical communication for customers worldwide.

About Soniox:

Soniox is a next-generation voice AI company bringing about the end of English-first speech AI. Most people on the planet did not grow up speaking English and often mix languages mid-sentence; and yet legacy speech AI was built for just English. Soniox is different: native-speaker accuracy across 60+ languages, true mid-sentence language switching, and flawless alphanumeric recognition that legacy providers still can’t match. For developers building global apps, Soniox is the only option. Try it for yourself at soniox.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tencent-cloud-and-soniox-announce-strategic-partnership-combining-advanced-speech-to-text-stt-technology-with-global-real-time-infrastructure-302786832.html

SOURCE Tencent Cloud

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