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Indra Nooyi steps down from PepsiCo board

Nooyi says, “PepsiCo has been my life for 24 years and part of my heart will always remain here. I'm proud of what we've done and excited for the future."

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Indra Nooyi has been associated with PepsiCo for 12 years as CEO of the food and beverage giant. Her termination with PepsiCo will execute in October. 
She will be replaced by Ramon Laguarta, a 22-year PepsiCo veteran who was promoted to President last year.

Nooyi says, “PepsiCo has been my life for 24 years and part of my heart will always remain here. I'm proud of what we've done and excited for the future."

She has taken PepsiCo beyond its initial structure and expanded hummus, kombucha and other healthier products with mixed results over a period of 12 years.

Indra's association with PepsiCo began in 1994 when she joined the company as Senior Vice President, Strategic Planning. After that, she adorned many hats in the company and took several roles like Senior Vice President, Corporate Strategy and Development, Senior Vice President & Chief Financial Officer and President & Chief Financial Officer until she finally became the Chairman & Chief Executive Office in 2006.

Indra is positive about Ramon replacing her as CEO tweeted, "Ramon Laguarta is exactly the right person to help build on PepsiCo's strong position and success. He has been a critical partner and friend and I am positive that he will take PepsiCo to new and greater heights in the years to come."

There are several other achievements credited to Indra Nooyi. She has been consistently ranked among the world's 100 most powerful women. In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women and was ranked the 2nd most powerful woman on the Fortune list in 2015.



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