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After 12 years, Indra Nooyi to step down as PepsiCo CEO

After 12 years, Indra Nooyi to step down as PepsiCo CEO

Image credit: Wikimedia Common

IIM-Calcutta and Yale alumnus, Indra Nooyi to resign as PepsiCo CEO on October 3. She spent 24 years at PepsiCo and lead the New York-based company for 12 years. Company's BOD has elected Ramon Laguarta, who was promoted to Pepsico President last year, as new CEO. Although Nooyi will remain chairman until early 2019 to ensure a smooth and seamless transition. Nooyi also took Twitter to express her 'mixed emotions'.

read more at Business Today

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