PepsiCo CEO Indra Nooyi steps down from her position

Indra Nooyi decided to step down from her position as CEO from PepsiCo. She spent over 12 years at the helm of the second largest company in the world based on net revenue.

She will resign on October 3rd after being associated with the company for 24 years. PepsiCo president Ramon Laguarta will replace Nooyi as the CEO of the food and beverage company. However, to ensure a smooth and seamless transition, she will remain on the Board of Directors until early 2019.

The Indian American business executive has consistently featured among the top 100 most powerful women. She was ranked number 13 on the Forbes list of Top 100 Most Powerful Women in 2014. Nooyi also holds the honour of being the 2nd most powerful woman on the Fortune list in 2015. Moreover, she holds the distinction of being the first independent woman director of International Cricket Council (ICC).


The 62 year old IIM-C and Yale alumnus is often credited for making PepsiCo’s offerings healthier. In her 12 years as CEO of PepsiCo, Indra is one of only a small number of women leading large corporations. It is a position that has often meant her every move received greater scrutiny than the actions of her male peers.


Since she took over as CEO, PepsiCo’s shares have doubled. Moreover, revenue grew from 35 billion to nearly 63.5 billion USD.

Post the news of her stepping down, Nooyi said, “Leading PepsiCo has been an honor of my lifetime, and I’m incredibly proud of all we have done over the past 12 years to advance the interests of not only shareholders, but all our stakeholders in the communities we serve.”

Nooyi had nothing but praises for her successor saying, “Ramon Laguarta is exactly the right person to build on our success. He is a terrific executive with a long and proven record of growing businesses. He has a deep understanding of the changing preferences of consumers and other critical trends unfolding around the world.”


Laguarta, in his 22 year old stint in the company handled global operations, corporate strategy, public policy, and government affairs in his role as president.



By Abhishek Aggarwal




Latest Posts

  • One Punch Man Game: All You Need To Know

    One Punch Man Game: All You Need To Know0

    Right after the first post-announcement trailer for One Punch Man: A Hero Nobody Knows’ revealed confirmation that additional of four more characters to the game. Saitama himself and other characters were already to be part of the squad, though the newest trailer focuses on the villains that you’ll encounter. Vaccine Man, Mosquito Girl, Carnage Kabuto,

  • Top 7 Hill Stations You Have To Visit In South India

    Top 7 Hill Stations You Have To Visit In South India0

    From the stressful environment of the cities, people always want a getaway and let them loose. What’s the perfect place you ask? Well, These Hill Stations might do the job. Here is a list of Top 7 Hill stations in South India in My Opinion: Kodaikanal (Kodai) Referred to as the ‘Princess of Hill stations’,

  • Top 5 Best Breweries In Bangalore

    Top 5 Best Breweries In Bangalore0

    After a long and tiring week, sometimes all you want to do is get a few cold beers with some friends and move your body to them groovy tunes. When you are in the Garden City of India, you do not have to scramble too hard to find a great place to have a wonderful


Leave a Comment

Your email address will not be published. Required fields are marked with *

Latest Posts

Most Commented

Featured Videos