Amphenol vs PepsiCo: Founders, CEOs and History
Amphenol was founded in 1932 by Arthur J. Schmitt and is led by R. Adam Norwitt. PepsiCo was founded in 1965 by Caleb Bradham, Donald M. Kendall, Herman W. Lay and is led by Ramon Laguarta.
Company facts
Founders
Amphenol
Arthur J. Schmitt
Amphenol was founded in Chicago in 1932 by an effective, pragmatic entrepreneur named Arthur J. Schmitt.
PepsiCo
Caleb Bradham
Caleb Bradham created "Brad's Drink" at his New Bern pharmacy in 1898, renamed it Pepsi-Cola and incorporated the Pepsi-Cola Company in 1902.
Donald M. Kendall
Donald M. Kendall led Pepsi-Cola and engineered its 1965 merger with Frito-Lay to form PepsiCo, which he ran as CEO until 1986.
Herman W. Lay
Herman W. Lay (1909-1982) started his career as a snack food salesman. In 1932, he opened a snack food operation in Nashville, Tennessee, eventually purchasing the manufacturer and renaming it H.W. Lay & Company.
CEOs and their tenures
Amphenol
- Arthur J. Schmitt1932–1964
Founder and Chief Executive Officer
Arthur J. Schmitt founded American Phenolic Corporation in Chicago in 1932 and led it as chief executive until 1964.
Source - Martin H. Loeffler1996–2008
Former Chief Executive Officer and Chairman
Martin H. Loeffler was Amphenol's chief executive from 1996 to 2008, president from 1987 to 2006 and chairman of the board from 1997 until he retired from the board at the May 2026 annual meeting.
Source - R. Adam Norwitt2009–present
Chairman, President and Chief Executive Officer
R. Adam Norwitt has been Amphenol's chief executive since January 1, 2009 and added the role of chairman of the board in 2026. Net sales grew from $2.82 billion in 2009 to $23.09 billion in fiscal 2025 and the GAAP operating margin reached a record 25.4%.
Source
PepsiCo
- D. Wayne Calloway1986–1996
Chief Executive Officer
He more than doubled PepsiCo's revenues during his tenure and heavily invested in the restaurant division before it was later spun off.
Source - Roger Enrico1996–2001
Chief Executive Officer
He dramatically simplified the company's structure, allowing it to focus resources on its core grocery and convenience store distribution networks.
Source - Steven Reinemund2001–2006
Chief Executive Officer
He oversaw significant international expansion and revenue growth, setting a strong operational foundation before handing leadership to Nooyi.
Source - Indra Nooyi2006–2018
Chief Executive Officer
Under her 12-year tenure as CEO, PepsiCo's revenue grew by more than 80%, and she fundamentally reshaped the company's identity from a junk-food purveyor to a diversified global food and beverage giant.
Source - Ramon Laguarta2018–present
Chairman of the Board & Chief Executive Officer
He sustained strong organic revenue growth and protected operating margins through historically challenging supply chain conditions, while committing the company to major sustainability and packaging reduction goals.
Source
Timeline: Amphenol and PepsiCo side by side
1898PepsiCo
Pepsi-Cola Invented in North Carolina
Caleb Bradham formulated the original digestive cola syrup in his drugstore.
1932Amphenol
Arthur J. Schmitt founds American Phenolic Corporation
Arthur J. Schmitt incorporates American Phenolic Corporation in Chicago with a patented molded phenolic radio tube socket, establishing the company's foundation in electronic component manufacturing.
1936Amphenol
Introduction of industry-standard 75 series microphone connector and lock-in socket
Amphenol introduces the 75 series uniform microphone connector and a lock-in socket for radio tubes, both becoming industry standards and attracting RCA as a major customer ordering 10,000 sockets daily.
1942Amphenol
Primary supplier of AN connectors for WWII Allied forces
Amphenol becomes a critical defense supplier, with its 5015 AN circular connectors becoming standard equipment on military aircraft and communications gear; A-N connector shipments increase 13,572% from January 1941 to March 1943.
1942Amphenol
Official name change to Amphenol Electronics Corporation
The company officially changes its name from American Phenolic Corporation to Amphenol Electronics Corporation, formalizing the shorthand name customers had used for years.
1945Amphenol
Initial public offering
Amphenol raises $1.5 million from convertible debentures and sells 345,000 shares at $10 per share, giving the company a $4 million market capitalization and providing capital for post-war diversification.
1951Amphenol
Amphenol engineers develop the BNC connector
Amphenol engineers Paul Neill and Carl Concelman develop the bayonet coupled BNC coaxial connector, which becomes a standard interface in radio frequency and test equipment applications.
1957Amphenol
NYSE listing
Amphenol Electronics Corporation lists on the New York Stock Exchange, marking its transition to a major public industrial company.
1958Amphenol
Merger with George W. Borg Corporation
Amphenol completes its largest transaction to date, merging with the George W. Borg Corporation, a maker of automobile clocks, electronic instruments and deep pile fabrics, and is renamed Amphenol-Borg Electronics Corporation.
1965PepsiCo
Historic Merger of Pepsi-Cola & Frito-Lay
Donald Kendall and Herman Lay created PepsiCo, uniting snacks and soft drinks.
1967Amphenol
Acquisition by Bunker-Ramo Corporation
Bunker-Ramo Corporation acquires Amphenol, which begins operating as a subsidiary and passes through successive corporate owners for the next 24 years.
1975PepsiCo
Launch of the Pepsi Challenge
National blind taste tests shook Coca-Cola's market dominance and redefined advertising.
1981Amphenol
Allied Corporation buys Bunker-Ramo for $358 million
Allied Corporation acquires Bunker-Ramo for $358 million, including the Amphenol division, making Amphenol part of a larger industrial conglomerate.
1987Amphenol
LPL Investment leveraged buyout for $430 million
LPL Investment buys Amphenol from Allied in a leveraged buyout valued at $430 million in cash, and the decentralized management style that defines the modern company takes hold. Martin H. Loeffler becomes president in the same year.
1991Amphenol
Second IPO on NYSE under ticker APH
Amphenol returns to public markets with a second initial public offering on the New York Stock Exchange under ticker APH, beginning the modern era of sustained growth and shareholder returns.
1997PepsiCo
Restaurant Business Spun Off
PepsiCo spun off its restaurant businesses (Pizza Hut, Taco Bell and KFC) as Tricon Global Restaurants, now Yum! Brands, in 1997.
1998PepsiCo
Acquisition of Tropicana ($3.3B)
Acquired chilled orange juice leader Tropicana to dominate morning beverages.
2001PepsiCo
Acquisition of Quaker Oats & Gatorade ($13.4B)
Acquired Quaker Oats, adding sports hydration pioneer Gatorade to the portfolio.
2005Amphenol
Acquisition of Teradyne connector business for $390 million
Amphenol acquires Teradyne's connection systems business for $390 million in October 2005, expanding its presence in high speed data and backplane connectors for the growing IT datacom market.
2006PepsiCo
Indra Nooyi becomes CEO
Indra Nooyi became CEO of PepsiCo in 2006. Chief executive of PepsiCo from 2006 to 2018.
2011PepsiCo
Wimm-Bill-Dann Acquired
PepsiCo completed its acquisition of the Russian dairy and juice company Wimm-Bill-Dann in 2011.
2016Amphenol
Acquisition of FCI Asia for $1.275 billion
Amphenol acquires FCI Asia from affiliates of Bain Capital for $1.275 billion in January 2016, strengthening its global connector footprint and adding high speed backplane and board-to-board capability.
2018PepsiCo
Acquisition of SodaStream ($3.2B) & Ramon Laguarta Appointed CEO
Acquired SodaStream to pioneer eco-friendly dispensing; Ramon Laguarta took over as CEO.
2021Amphenol
Acquisition of MTS Systems Corporation for $1.7 billion
Amphenol acquires MTS Systems for $1.7 billion in April 2021, adding advanced sensor capability that deepens its position in industrial and automotive sensing.
2022PepsiCo
Strategic Distribution Alliance with Celsius ($550M)
Secured master global distribution for fast-growing energy brand Celsius.
2024Amphenol
Acquisition of Carlisle Interconnect Technologies for about $2.0 billion
Amphenol completes the purchase of Carlisle Interconnect Technologies from Carlisle Companies in May 2024 for about $2.0 billion, expanding aerospace, defense and medical harsh environment interconnect capability.
2025Amphenol
Completion of the $2.1 billion CommScope outdoor wireless and DAS purchase
Amphenol completes the acquisition of CommScope's Outdoor Wireless Networks and Distributed Antenna Systems businesses, including Andrew, for $2.1 billion in cash. The businesses had about $1.2 billion of 2024 sales.
2025Amphenol
Record fiscal 2025 revenue of $23.09 billion, up 52%
Amphenol reports record full year 2025 net sales of $23.09 billion, up 52% year over year and 38% organically, with a 25.4% GAAP operating margin, $4.4 billion of free cash flow and Communications Solutions sales up 91% to about $12.1 billion.
2025PepsiCo
poppi Acquisition and Elliott-Backed Plan
Closed the $1.95 billion poppi deal and announced a North America cost and pricing reset in December.
2026Amphenol
Completion of the $10.5 billion CommScope CCS acquisition
Amphenol closes its largest acquisition, buying CommScope's Connectivity and Cable Solutions business for $10.5 billion on January 12, 2026. Amphenol also acquired the CommScope name and expects the business to generate about $4.1 billion of sales in 2026.
2026Amphenol
Norwitt named chairman as Loeffler retires from the board
Amphenol announces on February 4, 2026 that chief executive R. Adam Norwitt will also become chairman of the board at the May 2026 annual meeting, as Martin H. Loeffler retires from the board after more than five decades with the company.
2026PepsiCo
Price Cuts on Core Snacks
Lowered prices on major Frito-Lay brands by up to 15% to recover US volumes.
Acquisitions
Amphenol
- CommScope Connectivity and Cable Solutions (CCS)2026$10.5B
- CommScope Outdoor Wireless Networks and Distributed Antenna Systems businesses (Andrew)2025$2.1B
- Rochester Sensors2025Undisclosed
- Trexon2025$1B
- Carlisle Interconnect Technologies (CIT)2024$2B
PepsiCo
- poppi2025$1.9B
- SodaStream International2018$3.2B
- The Quaker Oats Company (including Gatorade)2001$13.4B
- Tropicana Products1998$3.3B
Questions about Amphenol vs PepsiCo
Who is the CEO of Amphenol Corporation and PepsiCo, Inc.?
Amphenol Corporation is led by R. Adam Norwitt and PepsiCo, Inc. is led by Ramon Laguarta. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Amphenol Corporation founded vs PepsiCo, Inc.?
Amphenol Corporation was founded in 1932 — 33 years before PepsiCo, Inc., which was founded in 1965. Amphenol Corporation's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger PepsiCo, Inc..
How many employees does Amphenol Corporation have compared to PepsiCo, Inc.?
Amphenol Corporation employs approximately 170,000 people, while PepsiCo, Inc. employs approximately 306,000. PepsiCo, Inc. has the larger workforce at 306,000 employees, compared to Amphenol Corporation's 170,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Amphenol Corporation and PepsiCo, Inc. headquartered?
Both Amphenol Corporation and PepsiCo, Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Amphenol Corporation and PepsiCo, Inc.?
Amphenol Corporation was founded by Arthur J. Schmitt. PepsiCo, Inc. was founded by Caleb Bradham, Donald M. Kendall, Herman W. Lay.
Which company has a longer operating history — Amphenol Corporation or PepsiCo, Inc.?
Amphenol Corporation has been operating for approximately 94 years, making it the more established of the two companies. PepsiCo, Inc. has been in operation for around 61 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Amphenol vs PepsiCo overview