Home / News / World News / Article /
Indra Nooyi to step down as Pepsico CEO
Updated On: 07 August, 2018 07:06 AM IST | New York | Agencies
President Ramon Laguarta was elected by the board of directors to succeed her
Listen to this article :
Indra Nooyi. Pic/PTI
Indra Nooyi, Pepsico's Indian-origin CEO, will step down after 12 years leading the US food and beverage giant, the company announced yesterday. Nooyi, 62, will step down on October 3 after 24 years with the company. She will remain as chairman until early 2019.
President Ramon Laguarta was elected by the board of directors to succeed her. Laguarta was also elected to the board. "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company," Nooyi said in a statement.
Read Next Story
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT