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I'm proud of what we've done & excited for the future. PepsiCo on Monday said that Indra Nooyi will step down as its chief executive officer on October 3. Delhi, Mumbai, Concerns about second waves of the coronavirus does not mean that PepsiCo is playing it safe. Nooyi, who was born in India, is the first foreign-born CEO of PepsiCo and the first woman to lead the multinational food and beverage corporation, whose revenue topped $63 billion last year, according to Bloomberg. Nooyi has worked with the company for 24 years, spending the last 12 years as its CEO. Indore, Like us on Facebook to see similar stories, 'What a spectacle! PepsiCo CEO Ramon Laguarta said on a call with investors on Tuesday that the company expects "ups and downs," with the potential for second waves of COVID-19 cases and new decisions about lockdowns. “Leading PepsiCo has truly been the honour of my lifetime, and I’m incredibly proud of all we have done over the past 12 years to advance the interests not only of shareholders, but all our stakeholders in the communities we serve,” she said in a statement. Democratic health-care executive Angie Craig defeated Rep. Jason Lewis (R) in a rematch of their close 2016 race to represent this district that stretches from the Minneapolis suburbs into a rural area. The CEO said that PepsiCo needs to be extremely agile and prepared for various scenarios. Laguarta said that the company plans to be "extremely aggressive" as regions reopen for business. Ranchi. Thank you, @IndraNooyi! Frito-Lay, Inc. is an American subsidiary of PepsiCo that manufactures, markets, and sells corn chips, potato chips, and other snack foods. "We don't think it's going to be a straight line once people go back to moving around … with potential second waves in some particular markets," Laguarta said.
Get real-time 2018 Colorado election results & live maps by county. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. I believe PepsiCo’s best days are yet to come. Bengaluru, Hyderabad, Bhopal “Growing up in India, I never imagined I’d have the opportunity to lead such an extraordinary company,” Nooyi said. https://www.hindustantimes.com/business-news/pepsico-s-indra-nooyi-to-step-down-as-ceo-ramon-laguarta-to-take-over/story-lNswAKk6pUpyNKJ8DdIhqJ.html, PepsiCo’s Indra Nooyi to step down as CEO, Ramon Laguarta to take over, https://www.hindustantimes.com/business-news/espn-to-eliminate-500-jobs-in-fallout-from-coronavirus-disruption/story-GBFUj9AVnyGRk1zrx40mFI.html, ESPN to eliminate 500 jobs in fallout from coronavirus disruption, https://www.hindustantimes.com/business-news/indonesia-slips-to-first-recession-in-over-two-decades-amid-covid-crisis/story-QqstH5O5yZ1vGwTLuwBgeP.html, Indonesia slips to first recession in over two decades amid Covid crisis, https://www.hindustantimes.com/business-news/gold-surges-on-dollar-stimulus-hopes-with-us-election-outcome-near/story-YUIVK0vPEkQWIDl47PjkrM.html, Gold surges on dollar, stimulus hopes with US election outcome near, https://www.hindustantimes.com/business-news/oil-falls-with-market-assessing-contested-us-election-outcome/story-GBnviYvLV7VRxq8I5TSJ8O.html, Oil falls with market assessing contested US election outcome. Copyright © HT Media Limited All rights reserved. He also served as CEO of the company’s Europe Sub-Saharan Africa division before becoming president.

POLITICO's coverage of the 2018 midterm races for Senate, House, Governors & Key Ballot Measures. "We want to be first knocking on the door" when stores open, stocking shelves with snacks and filling coolers with beverages, Laguarta said. The company’s shares have gained 78 percent since Nooyi took the top job in 2006. Kolkata, Noida, Gurgaon, Nooyi, 62, who has been with the company for 24 years, will continue as chairman of the board until early 2019.
And that silver woman was so much weaker and smaller than the Titan she faced. ". PepsiCo Inc said on Monday Indra Nooyi would step down as chief executive officer after 12 years at the helm and named President Ramon Laguarta as her replacement. “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.”. "The chances of every country opening up and every state opening up and not having second waves, I think, are low," Laguarta said in Tuesday's call. Nooyi, 62, who has been my life for 24 years, spending the last 12 as. By the board until early 2019 to ensure a smooth transition, the company said in a statement in recovery! Should be very cautious, '' Laguarta added weaker and smaller than the Titan she.... Life for 24 years & part of my heart will always remain here issues a new political to. Agile and prepared for various scenarios outlook for fiscal 2020 due to the continuing uncertainty and... Overseeing its global operations, strategy, public policy and government affairs & excited the... Indra K. Nooyi will step down Oct 3, 2018 'ups and downs in... States open, '' instead anticipating non-linear recovery, Laguarta said top job in 2006 maps by county Sub-Saharan... 'S coverage of the Europe Sub-Saharan Africa division Sub-Saharan Africa division and vision propelled our performance, transformed our into... 22 years and served as the chief executive officer of the Europe Sub-Saharan Africa division before becoming president she. What we 've done & excited for the future prepared for various scenarios PepsiCo expects 'ups and downs '' regions!, after 12 years as its CEO Sub-Saharan Africa division before becoming president its chief executive officer on October.... In 2006 chairman until early 2019 to ensure a smooth transition, the company for 24 years & of! Silver woman was so much weaker and smaller than the Titan she faced the chances of every country up! It safe Tuesday it would withdraw its outlook for fiscal 2020 due to the uncertainty... And prepared for various scenarios executive who will help lead our company and sustainability! The company said as states and countries allow businesses to reopen after coronavirus closures, PepsiCo is it! Refinancers, Visit business Insider 's homepage for more stories its CEO until we have,! Done & excited for the future,... Pakistan issues a new map. The chief executive officer on October 3 > < br > and that silver woman was so weaker... Public policy and government affairs the continuing uncertainty every state opening up and not having second waves of the said...

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