So long, and thanks for all the fizz: Pepsico chief steps down

Indra Nooyi

Under her leadership, the food and beverage giant dramatically repositioned itself toward selling more nutritious options, such as hummus, juices and kombucha. The company's board of directors has selected Ramon Laguarta to succeed Nooyi. Her story is something which keeps inspiring youngsters from India to shine on the global platform.

With Indra Nooyi exiting PepsiCo as its longtime chief executive, the circle of CEOs in the Fortune 500 is losing one of its highest profile women. MasterCard's President Ajay Banga, Microsoft CEO Satya Nadella and Google CEO Sundar Pichai were all named to the top jobs in their companies in the years that followed. At the time only a handful of women ran major USA companies. Describing the world's five major continents as being like the five fingers on a human hand, she called the middle finger an anchor for the functions of the hand, saying, "What is most crucial to my that each of us in the USA - the long middle finger - must be careful that when we extend our arm in either a business or political sense, we take pains to assure we are giving the hand. not the finger". "So we have to work on two time-scales at once", she said.

Nooyi said she was disappointed at her mother's reaction to her "great news". "Everybody says, 'Hey, do a transformative deal, it will put you in the neon lights, '" she said. "Can you go out and get some milk". "I'm not good at politics", she said. She moved to the United States in 1978 with a scholarship to study at the Yale School of Management. With this gift, Nooyi became the most generous graduate of Yale School of Management in terms of lifetime giving to the school.

As a young girl, she played the guitar in a band and was also a member of an all-girls' cricket team.

Nooyi will continue as chairman of the board until early 2019.

"Nooyi will leave a company stronger than the one she inherited 12 years ago", Saunders said.

Indra Nooyi was the first female CEO of PepsiCo. PepsiCo prides itself on tapping its leadership from within - every other chief executive has come from its own ranks. Since late 2017, he has served as President of PepsiCo, overseeing the company's global operations. Nooyi has held positions at Boston Consulting Group (BCG), Johnson & Johnson, Motorola and Asea Brown Boyeri.

In February, Nooyi was appointed to the International Cricket Council (ICC) Board as the governing body's first independent female director.

Laguarta takes over at PepsiCo as the business faces mounting challenges caused by shifts in consumer tastes as people look for healthier alternatives to traditional soft drinks and snacks.



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