Indra Nooyi Is Stepping Down As The CEO of PepsiCo

By Shivani Yadav on 07 Aug 2018

Indra Nooyi is stepping down as the chief executive officer of PepsiCo in October after being at the helm of that position for 12 years, and Ramon Laguarta will be taking over from her.

Photo from Women's Agenda

Indra is the first foreign-born CEO of Pepsi and first woman to lead the company, whose revenue topped $63 billion last year. This all certainly raised her popularity in the last decade, making her one of the most influential women. On the other hand, her departure brought attention to the fact that there are just 23 female CEOs, less than 5 per cent of the total.

“I’ve had a wonderful time being CEO, but at some point you sit back and say, look, it’s a responsible move to effect an orderly transition and to have somebody else take over the leadership of this company,” she said in an interview. “Being a CEO requires strong legs and I feel like I ran two legs of a relay race and I want somebody else with nice strong legs and sharp eyes to come and lead this company.”

We're sure this is just another start to her already illustrious career. Can't wait to see what she does next!