Wednesday 3 October 2018

Want to give the next gen chance to lead: Nooyi on departure as PepsiCo CEO

PepsiCo, pepsi, Indra Nooyi, Nooyi

Pepsico's Indian-origin CEO Indra Nooyi, who will step down Wednesday after 12 years at the helm of the global beverage giant, said that "lot of fuel" is still left in her "tank" and she looks forward to doing something different with her life and spend more time with her family.

Chennai-born Nooyi not only broke the glass ceiling in corporate America when she was named CEO of the global beverage giant in 2006 but, through her journey, inspired millions of young Indians who dreamed of and aspired to emulate the success the India-born woman achieved in America.

In her concluding remarks during PepsiCo's Third Quarter 2018 Earnings Conference Call on Tuesday, Nooyi said, "You know 12 years is a long time as a CEO, and even though I have a lot of fuel still left in my tank. I wanted to do something different with my life. Spend more time with my family and give the next generation in PepsiCo a chance to lead this great company."

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