BusinessCompany NewsPepsi CFO to add fizz to soft drinks giant

Pepsi CFO to add fizz to soft drinks giant

Indian-born CFO to take over as chief executive

Drinks-maker PepsiCo has appointed Indra Nooyi, the group’s Indian-born chief
financial officer, as its new chief executive, making her one of the world’s
most powerful female corporate leaders.

She will replace Steve Reinemund, the man who has led PepsiCo through one of
the most successful periods in its history, who has decided to retire.

Nooyi has been viewed as Reinemund’s natural successor, having played a
central role in the group’s restructuring over the past decade.

‘Having worked side-by-side with Indra for many years, I am convinced she is
more than qualified and clearly ready for her new role leading PepsiCo,’
Reinemund said of his successor.

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