Quaker has not offered further details on the coming changes, which were first reported by NBC News.
In addition, Aunt Jemima is to donate at least $5 million over the next five years to support the African American community, according to parent company PepsiCo.
The branding on Aunt Jemima’s syrups, mixes and other food products features an image of a black woman that has often been linked to stereotypes around slavery.
In a 2015 opinion piece for the New York Times, Cornell University African-American literature professor Riché Richardson described Aunt Jemima as “an outgrowth of Old South plantation nostalgia and romance”.
He said the brand perpetuated the idea of a “mammy” character – a submissive black woman who nurtured her white master’s children.
Founded in 1889, the Aunt Jemima logo was based on storyteller, cook and missionary Nancy Green, Quaker’s site says.
According to the African American Registry non-profit database, Nancy Green was born into slavery in Kentucky in 1834.
Aunt Jemima joins a number of companies offering change in light of the global protests and renewed debate over racism in America, sparked by the recent police killings of George Floyd and other African Americans.