30 September, 2020

Pepsi Lady

Indra Nooyi will put more India into Pepsi

Mohd. Jaffer/Snaps India
Pepsi Lady
outlookindia.com
-0001-11-30T00:00:00+05:53
When Indra K. Nooyi was appointed Pepsico's CFO in 2001, Wall Street observers were willing to bet that the cherubic Chennai-born would be the company's future face. But the usually eloquent and quick-witted Nooyi kept side-stepping questions about her chances of reaching the top during her later visits to India. Now that the news is out—she'll replace Steve Reinemund as Pepsi's next CEO in September—it's still a phenomenal achievement for a woman belonging to a minority community in the US to make it to the rarefied environs of the corner room.

Observers say Nooyi's elevation was due to the faith Reinemund and PepsiCo's board have in her strategic vision and judgement. She was the architect behind the company's restructuring in the late 1990s and early 2000 and the brain behind the decision to divest non-core restaurant businesses like Pizza Hut, KFC, Taco Bell and Long John Silver, and simultaneously acquire foods firms such as Tropicana and Quaker Oats....
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