PepsiCo’s Indra Nooyi on Why She’s Leaving and What’s Next

Indra Nooyi

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'With a deep understanding of PepsiCo's global operations, and a broader understanding of the total company portfolio in his role as president, we believe that Laguarta is well-placed to continue executing on PepsiCo's current strategy, ' analysts at Cowen & Co said. She was one of the main speakers at AdAsia 2011, where the theme was dealing with uncertainty; her message - that volatility is the new normal, and business leaders must learn the skill of adaptability - holds true to this day.

The departure of Nooyi drops the number of women CEOs in the S&P 500 to 23, according to Bloomberg analysis and data compiled by researcher Catalyst. She was named President and CEO in 2006.

"We're not able to really point to numbers that give us a lot of optimism for the future at the rate that we're seeing", Foust-Cummings adds.

Laguarta, who hails from Barcelona in Spain, was appointed the CEO of PepsiCo Europe in 2014. @PepsiCo has been my life for 24 years & part of my heart will always remain here.

Indra Nooyi is leaving PepsiCo as its CEO, ending a run of almost quarter century of leadership roles at the company.

"With a deep understanding of PepsiCo's global operations, and a broader understanding of the total company portfolio in his role as president, we believe that Laguarta is well-placed to continue executing on PepsiCo's current strategy", analysts at Cowen & Co said. But at the same time, investors need great performance, here and now. Pepsi was rebuffed in 2016 in its attempt to take a major stake in Chobani, the Greek-yogurt maker. The company lost market shares across categories and brands, barring a few.

But Nooyi fought calls to break up the company. And Good For You includes foods such as Quaker Oats oatmeal, Sabra hummus and Naked Juice smoothies.

With a veteran taking over and Nooyi staying on as chairwoman for now, company shares rose more than 1 percent at the opening bell Monday. Prior to Pepsi she worked at Swiss industrials company Asea Brown Boveri. "Don't try to pretend that you're still the big boss, because you're not", she responded. "The issue is that we've got to derive value from large transformative deals".

Laguarta takes over at PepsiCo as the business faces mounting challenges caused by shifts in consumer tastes as people look for healthier alternatives to traditional soft drinks and snacks.

"Ramon is the product of a responsible development and succession plan", Nooyi said.

During the same interview, which was held just days after the 2016 presidential election, Nooyi expressed concern that Donald Trump's actions on trade could harm U.S. multinationals in foreign markets and decried his rhetoric against immigrants and women.

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