Indra Nooyi, the Indian-American executive who has been instrumental in PepsiCo's expansion beyond carbonated soft drinks, is expected to continue her forward-looking global outlook as chief
executive. When she takes the helm Oct. 1, PepsiCo will be the largest U.S. corporation, based on market value, to be led by a woman. The market reacted positively to her appointment after the
surprise announcement on Monday that CEO Steven Reinemund plans to step down to spend more time with his family. "She not only co-authored our vision and drafted our strategic blueprint," Reinemund
said, "she has a sharp talent for turning insightful ideas and plans into realities." Nooyi is expected to continue PepsiCo's drive into salty snacks and other non-beverage products, and accelerate
the company's efforts to globalize its brands.
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