Indra Nooyi elected PepsiCo chairperson

Houston: Indian-American corporate honcho Indra Nooyi, known as one of the most powerful woman in the US, has been elected as the chairwoman of the PepsiCo, the board of directors of the company announced on Monday.

Nooyi, 51, is currently chief executive officer of the more than $ 32 billion global convenient food and beverage company, a role she assumed on October 1, 2006.

PepsiCo board of directors said that it had elected its chief executive Indra K Nooyi as chairman of the board effective when executive chairman Steven S Reinemund ( Aries ), 58, retires on May 2, as he announced last August.

"I'm incredibly honoured by the board's confidence, and extraordinarily fortunate to follow in the footsteps of Steve Reinemund and all my illustrious predecessors," Nooyi said.

Nooyi was born in Chennai, India on October 28, 1955. She received a bachelor's degree from Madras Christian College and a Post Graduate Diploma in Management from the Indian Institute of Management, Calcutta and graduated from the Yale School of Management.

For Bran's information -

Products Pepsi
Gatorade
Lay's
Doritos
Frappuccino (for Starbucks)
Revenue $ 32.6 billion USD (2005)
Operating income $ 5.9 billion USD (2005)
Net income $ 4.5 billion USD (2005)
Employees 153,000 (2005)

Coca Cola Company
Industry Beverage
Products Beverages
Revenue $ 23.1 billion USD (2005)
Operating income $ 6.1 billion USD (2005)
Net income $ 4.9 billion USD (2005)
Employees 55,000 (2005)

comment on what Pluto ?

there's always something attractive about powerful women.

"So how does it feel sharing the status of Alumni with the big guys, GA?"

LOL...they create the equity and we reap the benefits down-stream 😉