PepsiCo's Indra Nooyi is ending her 12-year run as CEO [Los Angeles Times (CA)]
PepsiCo, Inc. (PEP)
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Source: Los Angeles Times
PepsiCo's Indra Nooyi is ending her 12-year run as CEO With Indra Nooyi exiting PepsiCo Inc. as its longtime chief executive, the circle of CEOs in the Fortune 500 is losing one of its highest-profile women. Nooyi, who was born in India, is a rarity on Wall Street as a woman and a minority leading a Fortune 500 company. She oversaw PepsiCo during a turbulent time in the industry that has forced food giants including Coca-Cola Co., Campbell Soup Co. and Oreo maker Mondelez International Inc. to adapt to changing tastes. All those companies changed CEOs in roughly the last year. At PepsiCo, Nooyi stressed the company's move toward “good for you” options that people don't feel as guilty eating, such as Baked Lay's potato chips and Naked juices made of fruits and vegetables. The company has not abandoned sugary sodas or more indulgent snacks. Nooyi, 62, has been with PepsiCo Inc. for 24 years and held the top job for 12. Another PepsiCo veteran, Ramon Laguarta, will take over as c
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