Home » Coke, PepsiCo, Nestle, General Mills Among 'Most Admired'
Coke, PepsiCo, Nestle, General Mills Among 'Most Admired'
Coca-Cola (No. 10), PepsiCo (No. 25), Nestle (34) and General Mills (47) were the food and beverage processors among the top 50 admired companies in Fortune magazine's annual list of the World's Most Admired Companies.
The magazine’s March 22 issue carried the list, created for Fortune by Hay Group, which starts with lists that include about 1,400 of the largest global companies. Hay Group sorts them into 55 industry categories and selects the 15 largest for each international industry and the 10 largest for each U.S. industry. A total of 667 companies from 33 countries were considered.
Actually there are two sets of lists. First, Hay asked executives, directors, and analysts to rate companies in their own industry on nine criteria, from investment value to social responsibility. The result is 55 top 10 lists.
For the overall Top 50 Most Admired Companies, Hay Group asked 4,170 executives, directors and securities analysts who responded to the industry surveys to select the 10 companies they admired most. They chose from a list made up of the companies that ranked in the top 25 percent in last year's surveys, plus those that finished in the top 20 percent in their industry lists. Anyone could vote for any company in any industry.
Because of the two sets of lists and differences in the voting processes, some results seem anomalous. For example, although PepsiCo scored higher on the overall list and Nestle was nine spots behind, Nestle beat out PepsiCo on the "consumer food products" list.
World’s Most Admired Companies
Top 50 Overall (select companies)
3. Berkshire Hathaway
47. General Mills
Consumer Food Products
Rank, Overall score
1. Nestle, 7.63
2. PepsiCo, 6.88
3. General Mills, 6.68
4. Unilever, 6.52
5. Kellogg, 6.43
6. Danone, 6.26
7. Kraft Foods, 6.04
8. H.J. Heinz, 5.93
9. Cadbury, 5.65
10. ConAgra Foods, 5.36
11. Sara Lee, 4.85
12. Dean Foods 4.71
13. Ajinomoto 4.65
Rank, Overall score
1. Coca-Cola, 6.98
2. Anheuser-Busch InBev, 6.88
3. SABMiller, 6.26
4. Pepsi Bottling Group, 6.17
5. Coca-Cola Enterprises, 5.58
6. Diageo, 5.40
7. FEMSA, 5.22
8. Heineken, 4.99
9. Kirin Brewery, 4.58
10. Asahi Breweries, 4.20
(Tie) Carlsberg A/S 4.20
Rank, Overall score
1. Archer Daniels Midland, 7.20
2. Corn Products Intl., 6.58
3. Bunge, 6.55
4. Wilmar Intl., 6.46
5. Chiquita Brands Intl., 5.59
6. Smithfield Foods, 5.45
7. Tyson Foods, 5.39
8. Seaboard, 5.32
9. Sanderson Farms, 5.31
10. Pilgrim’s Pride, 4.18
PepsiCo Stock Hits 32-Year High, but Why?
Decent first quarter but also investment firms buys a big stake.
Happy Family Bought by Groupe Danone
Dannon parent acquires 92 percent of seven-year-old toddler food company.
Anuga 2013: A Taste of Global Innovations Set to Take Place October 5-9
The huge global food show will be October 5-9 in Cologne, Germany.
Vermont Passes Genetic Labeling Bill
The Vermont House of Representatives approved H.112 on May 10. The bill will go to the senate next in fall 2013. If passed, the earliest the act could become law is January 2014.
GMO Labeling Effort Reaches Washington
Senate and House bills would require the FDA to develop regulations for the labeling of food containing bioengineered ingredients.
Burger King CEO To Take Over at Heinz
Bernardo Hees of 3G Capital is new CEO of Pittsburgh acquisition.
The New Hostess Company Resumes Operations
The Metropolous-Apollo-controlled company plans to reopen four plants and hire workers, but not union labor.
- 04/19/2013 Cheesemaker, Restaurant Chain Hold Mac and Cheese Cookoff
- 04/19/2013 Restaurant Chain That Also Supplies School Lunches Goes Trans Fat-Free
$10 Billion Offer for D.E Master Blenders 1753
Former part of Sara Lee eyed by European fund Joh. A. Benckiser.
- All news »
Access Food Processing and Wellness Foods magazines on-line and receive an e-mail each month when your new issue is ready. Subscribe Now »
Biweekly updates delivering feature articles, top industry news, company news, product announcements, technical issues and more. Subscribe Now »