08.15.06
Indra Nooyi : Next CEO of Pepsi Co
PepsiCo on Monday named company high-flier Indra Nooyi - an IIM – Kolkata alumna as its new boss. Nooyi (50) will succeed Steve Reinemund as CEO on October 1, although Reinemund will keep working for the company until May. Nooyi, who joined the company 12 years back has pushed the company to take bold risks. She also lead the Initial Public Offering of the Pepsi Bottling Group Inc. and the acquisition of Tropicana and Quaker Oats.
Prior to assuming her current position in May 2001, Ms. Nooyi was Senior Vice President and CFO, and SVP of Corporate Strategy and Development. The Wall Street Journal has named her on its own list of “50 woman to watch”.
Is this a coincidence or a corporate move for fighting the controversy of Pepsi over the Pesticides-laced colas is going on?