PepsiCo: Indra Nooyi stepping down as CEO

PepsiCo: Indra Nooyi stepping down as CEOIndra Nooyi, one of the most prominent female CEOs, will step down as head of PepsiCo following 12 years navigating the soft drinks and snacks company through a tricky climate of often unpredictable consumer preferences on health and sustainability. Nooyi, 62, who was born in India, will be replaced as chief executive by President Ramon Laguarta on October 3, but will remain as chair of the board until early 2019 to oversee the transition. In October 2016, PepsiCo unveiled 2025 sustainability targets that included vows to reduce waste and to ensure at least two-thirds of its global beverage portfolio contain less than 100 calories per serving.

Source: Yahoo! News