Activist investor Nelson Peltz, who has been pushing PepsiCo to separate its beverage and snacks businesses, blasted the company yet again on Thursday and demanded answers on operational issues and its corporate strategy.
Peltz's Trian Fund Management, which owns nearly 1 percent of PepsiCo's stock, has been urging the company to split its flourishing snacks division from its sluggish beverage business to create "two leaner and more entrepreneurial companies."
(Read more: PepsiCo rejects Peltz's split-up proposal...again)
Peltz, in a letter to PepsiCo's board on Thursday, demanded the company give details about its expenses and provide volume growth and market share data for all its beverage categories in North America.
He also called for a meeting of shareholders and board members without the presence of PepsiCo's management.