Marketing Vanguard Podcast Summary
Episode: Innovation or Die: How Pepsi's Mark Kirkham Masters the Duality of Marketing
Host: Jenny Rooney, Adweek
Guest: Mark Kirkham, CMO of PepsiCo Beverages North America
Release Date: July 21, 2025
Introduction: Embracing Duality in Marketing
Hosted by Jenny Rooney, the Marketing Vanguard podcast delves into the intricate balance between maintaining established brand identities and fostering innovation. In this episode, Mark Kirkham, Chief Marketing Officer of PepsiCo Beverages North America, shares his insights on navigating the duality of marketing in a highly competitive and ever-evolving beverage industry.
PepsiCo’s Foundation and Leadership Journey
Mark Kirkham opens the conversation by reflecting on his 15-year tenure at PepsiCo, having transitioned from Procter & Gamble's Gillette division. He emphasizes that his commitment to Pepsi stems from its vibrant culture, robust brands, and dynamic approach to market challenges.
“What brings me to Pepsi and keeps me here is the people, the culture, the brands, and our approach to constant innovation and change.”
— Mark Kirkham [02:34]
Kirkham highlights PepsiCo’s role as a challenger brand in the beverage sector, balancing the stewardship of iconic brands like Gatorade with the introduction of new products such as the recently acquired Poppy.
Cultivating Talent: PepsiCo’s Legacy of Excellence
Jenny Rooney steers the conversation towards PepsiCo’s renowned ability to cultivate exceptional marketing talent. She draws parallels to other industry giants like Procter & Gamble and Mondelez, questioning what sets PepsiCo apart in nurturing future leaders.
Mark responds by attributing this legacy to PepsiCo’s emphasis on pushing boundaries and encouraging teams to innovate. He underscores the importance of “learning by doing” and fostering a culture where individuals leave a meaningful legacy.
“We challenge our talent to push the envelope, to try new things... It's about leaving the shirt in a better place than when you found it.”
— Mark Kirkham [06:08]
He recounts how colleagues from PepsiCo have advanced to significant roles in other companies, a testament to the robust training and development within the organization.
The Role of AI and Emerging Technologies in Marketing
As the conversation shifts to contemporary marketing challenges, Jenny Rooney probes the impact of AI and new technologies on the skill sets required for modern marketers. Kirkham elaborates on the necessity of building foundational capabilities to effectively utilize tools like AI.
“AI is just one of the many tools... You need the capability to understand how to use it and also how not to use it.”
— Mark Kirkham [08:25]
He stresses the importance of insourcing capabilities rather than outsourcing, enabling marketers to harness AI as a collaborative tool that enhances creativity rather than replacing it.
Balancing Core Brands with Innovation
Discussing the hyper-competitive nature of the beverage industry, Kirkham emphasizes the critical need for continuous innovation to stay relevant. He illustrates this with examples from Gatorade and Pepsi’s zero-sugar product line.
“If you're not innovating, you die... We have a responsibility to nurture, build, but also a challenge to actually disrupt and evolve.”
— Mark Kirkham [04:31]
Mark shares strategies such as the Pepsi taste challenge, which successfully positioned Pepsi Zero Sugar as a superior choice in taste over competitors by engaging consumers directly.
“We got people to try and convince themselves, wow, this is amazing. It tastes better than the other one.”
— Mark Kirkham [12:46]
Strategic Acquisitions: The Poppy Case Study
Jenny Rooney inquires about PepsiCo’s acquisition of Poppy, probing its strategic significance and future prospects.
Mark explains that Poppy’s strong brand and innovative marketing made it an attractive addition to PepsiCo’s portfolio. He highlights the importance of preserving Poppy’s unique identity while leveraging PepsiCo’s distribution and marketing prowess to expand its reach.
“We bring new consumers in, introduce them to new channels, and create mutual learning opportunities.”
— Mark Kirkham [14:22]
He acknowledges that while acquisitions are part of their growth strategy, the current focus remains on strengthening core brands.
Global Experience Shaping Local Strategies
Drawing from his almost nine-year international experience in the UK, Ireland, and Western Europe, Kirkham discusses how living abroad has enriched his perspective on diverse markets and consumer behaviors.
“Living abroad teaches you about new businesses, cultures, and challenges you to be more creative and nimble.”
— Mark Kirkham [17:30]
This global insight allows him to approach the U.S. market with a nuanced understanding of regional diversity, enhancing targeted marketing strategies.
Future Trends and Recommendations for CMOs
Looking ahead to Cannes 2025, Kirkham predicts that AI will dominate headlines, symbolizing its integral role in the advertising industry. He also advocates for infusing fun and creativity into marketing efforts, exemplified by successful campaigns like the Mountain Dew ad featuring Seal.
When asked about support for CMOs, Mark underscores the importance of early idea sharing and data transparency within the marketing community. He calls for a more collaborative environment where marketers can learn from each other’s successes and challenges.
“We need to share ideas more often and embrace the opportunity to learn from one another.”
— Mark Kirkham [19:42]
Closing Thoughts and Future Guest Suggestion
In wrapping up, Mark recommends Sophia Colucci from Millercore’s, praising her as an exceptional individual who embodies the challenger mindset essential for today’s dynamic marketing landscape.
Jenny Rooney concludes the episode by expressing her appreciation for Mark’s insights and highlights the value of his contributions to the Marketing Vanguard community.
Conclusion
This episode of Marketing Vanguard offers a deep dive into the strategic balancing act between preserving iconic brands and driving innovation within PepsiCo. Mark Kirkham’s experiences and philosophies provide valuable lessons for marketers aiming to thrive in a competitive and rapidly changing industry.
Notable Quotes:
-
“What brings me to Pepsi and keeps me here is the people, the culture, the brands, and our approach to constant innovation and change.”
— Mark Kirkham [02:34] -
“We challenge our talent to push the envelope, to try new things... It's about leaving the shirt in a better place than when you found it.”
— Mark Kirkham [06:08] -
“AI is just one of the many tools... You need the capability to understand how to use it and also how not to use it.”
— Mark Kirkham [08:25] -
“If you're not innovating, you die... We have a responsibility to nurture, build, but also a challenge to actually disrupt and evolve.”
— Mark Kirkham [04:31] -
“We got people to try and convince themselves, wow, this is amazing. It tastes better than the other one.”
— Mark Kirkham [12:46] -
“We need to share ideas more often and embrace the opportunity to learn from one another.”
— Mark Kirkham [19:42]
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