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., After 12 years as CEO, Indra K. Nooyi will step down Oct 3, 2018. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. Lucknow, Patna, Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. PepsiCo expects 'ups and downs' in coronavirus recovery. “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.”. Concerns about second waves of the coronavirus does not mean that PepsiCo is playing it safe. After 12 years as CEO, Indra K. Nooyi will step down Oct 3, 2018. "We want to be first knocking on the door" when stores open, stocking shelves with snacks and filling coolers with beverages, Laguarta said., As Poonam Pandey is arrested for ‘obscenity’ in Goa, Twitter asks why model Milind Soman got away, As Arnab Goswami is arrested, India’s cartoonists mock the hypocrisy of his political backers, An Indian smartphone brand is trying to make a comeback by cashing in on the anti-China sentiment, Even if Joe Biden wins, he would be leading a deeply divided country, Watch: How Dubai’s Burj Khalifa celebrated actor Shah Rukh Khan’s birthday, Watch: Former superstar actor Dharmendra feeds peahen and peacock at his farm, BJP wants to stop ‘love jihad’. “PepsiCo today is in a strong position for continued growth with its brightest days still ahead.”, Nooyi said Ramon Laguarta is “exactly the right person” to help build PepsiCo’s success. Ranchi. “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. Like us on Facebook to see similar stories, 'What a spectacle! PepsiCo on Monday said that Indra Nooyi will step down as its chief executive officer on October 3. Delhi, Mumbai, PS5: Sony confirms which of your favourite PS4 games are in for an upgrade, State of Origin: Brad Fittler’s past comments telling amid NRL probe of Boyd Cordner head knock, ‘Light at the end of the tunnel’: Boris Johnson holds out hope of normal Christmas but admits flaws in Covid testing system, GM to bring pickups production back to Canada, Hong Kong police launch hotline for residents to inform on each other, Sydney FC take swipe at agent of transfer target, PlayStation Support has just released a load of PS5 tutorials, AFL trade news: Josh Dunkley's manager confirms Essendon trade request, A massive 300MW lithium-ion battery is being built in Victoria – double the size of Tesla's big battery in South Australia, British foreign minister Raab self-isolating after COVID contact, Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Here's How To Get A Home Loan With Low Deposit, How Australians Are Saving Hundreds In Credit Card Fees, [2.39% p.a.]

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