Indra Nooyi to step down as PepsiCo CEO

Indra Nooyi to step down as PepsiCo CEO

Indra Nooyi will step down as PepsiCo’s Chief Executive Officer (CEO) after heading the world’s second-largest food and beverage giant for 12 years, the company announced on Monday, with its Indian-origin top executive exuding confidence that the “best days are yet to come” for the soda and snacks firm which she helped transform.

Nooyi, 62, will leave the company on October 3, 2018, after 24 years with PepsiCo. She will remain as chairman until early 2019.