The Pepsi Bottling Group Inc., the world's largest manufacturer, seller and distributor of Pepsi-Cola beverages, will receive the New Jersey Institute of Technology (NJIT) Outstanding Corporate Partner Award during the university’s annual black-tie benefit dinner, called Celebration.
The dinner is scheduled for Nov. 4, 2005 at the Pleasantdale Chateau, West Orange. Proceeds from Celebration will benefit students enrolled in the Albert Dorman Honors College at NJIT. Many of the students are the first in their families to attend college and rely upon merit and need-based scholarships. The Dorman Honors College, founded in 1995, now enrolls more than 500 students, who are offered special classes, seminars and colloquia by distinguished professors. Proceeds from the dinner will endow scholarships intended for an additional 100 Dorman students.
“The Pepsi Bottling Group receives this award because of its long-time generous support of NJIT,” said Jacquelynn Rhodes, associate vice president for development at NJIT. The group has shown its commitment to education and young people by providing support in such areas as the Honors College Scholarship Endowment Campaign, the Educational Opportunity Program, athletics, and recreational equipment.
The Pepsi Bottling Group, based in Moonachie, has operations in the U.S., Canada, Greece, Mexico, Russia, Spain and Turkey. The group generates approximately $11 billion in annual sales and accounts for more than one-half of the Pepsi-Cola beverages sold in North America, and nearly 40 percent of the Pepsi-Cola beverages sold worldwide.
Anthony V. Pessolano, of Allendale, vice president and general manager of the Pepsi Cola Bottling Group of New Jersey, will receive the award for the group. Pessolano is responsible for the group’s sales, production, delivery, finance, marketing and personnel. Despite the many market challenges, the Pepsi business in New Jersey has been transformed over the past few years. With more than 23 years in the PepsiCo system, Pessolano has the experience and skills to take on a business this size. In his former job as vice president of sales for Pepsi International, his work took him to more than 40 countries, from the major re-launch of the Pepsi business in Brazil to start-ups in mainland China.
As a former route driver and mechanic, Pessolano literally worked his way up from the bottom. He has seen much of what the global community has to offer, and this perspective has served him well with both his employees and the future leaders he coaches. Over the years he has been the key leader in a number of high-profile business endeavors for the Pepsi system, from the acquisition of operations in Australia to the multimillion dollar deal to bring Pepsi to the Meadowlands. Beyond those accomplishments, he has also been a leader in developing a more diverse culture and authored his own cultural initiative entitled, “Creating the Right Work Environment.”
His community commitment to Tomorrow’s Children, the Breast Cancer Foundation, the Leukemia Society and the Pediatric Brain Tumor Foundation have earned him three PepsiCo Community Service Awards, an “Honor Al Merito” from Desfile Hispano-Americano De New Jersey, the Rosa Parks Community Service Award from the Metuchen-Edison Branch of the NAACP, the 2005 Martin Luther King Humanitarian Award, and a 2004 Chairman’s Circle of Excellence Inductee.
He holds a bachelor’s from William Paterson University and an M.B.A. in business administration from Fairleigh Dickinson University.