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PepsiCo CEO Indra Nooyi has a theory on why there aren’t more women CEOs [MarketWatch]

VERIZON COMMUNICATIONS (VZ)  More Company Research Source: MarketWatch
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PDF PepsiCo CEO Indra Nooyi has a theory on why there aren’t more women CEOs The #MeToo movement has put women in the spotlight, but it hasn’t pushed them into the C-suite. PepsiCo PEP, -1.35% chief executive Indra Nooyi has a theory as to why this is. “We get a lot of women in at the entry-level positions. As you get to middle management, women rise to those positions, and then that’s the childbearing years,” she told the Freakonomics radio show . “And when they have children, it’s difficult to balance having children, your career, your marriage, and be a high potential out-performer who’s going to grow in the company.” “So it starts to thin out as you move up,” she added. “We have to solve for that.” Don’t miss: Female directors only make up 16% of board seats in these U.S. companies Indeed, women accounted for 18% of chief executive officer replacements in 2017, unchanged from the year before, according to recent data from global outplacement consultancy firm Challenger, Gray & C [Read more]

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