Coca-Cola Co. and PepsiCo Inc., both government contractors, are preparing to comply with President Donald Trump’s executive order banning diversity, equity and inclusion programs, according to people familiar with the matter.

Coca-Cola (KO) and PepsiCo (PEP) are planning to comply with the Trump administration's new policy on diversity, equity, and inclusion programs, Bloomberg reported Thursday, citing sources.

Coca-Cola is one of the most popular soft drinks in the world. Well-known for its iconic red branding, this fan favorite has been gracing the shelves of stores since 1886. While it comes from humble beginnings in Atlanta,

Kennerley joined PepsiCo in 2001 as a manager in the beverage giant’s international corporate finance/treasury department. The Kroger Co. This story was originally published on Supermarketnews. Kroger on Wednesday said it has named longtime PepsiCo financial executive David Kennerley senior VP and chief financial officer,

Kroger has announced that David Kennerley will succeed Todd Foley as the company’s senior vice president and chief financial officer.