The board of directors of PepsiCo on Monday announced that it has elected CEO Indra K Nooyi, 51, as chairman of the board too, effective from May 1.
The current chairman Steven S Reinemund, 58 retires on May 2, as he had announced last August.
Nooyi, who assumed the position of CEO of the more than $32 billion global convenient food and beverage company in October, will thus become the fifth chairman and CEO and the first woman in PepsiCo's 42-year-old history, following Reinemund (2001-2006), Roger A Enrico (1996-2001), Wayne D Calloway (1986-1996) and Donald Kendall (1971-1986). Herman W Lay served as PepsiCo's first chairman from 1965-1971), while Kendall served as chairman.
read more....
Tuesday, February 6, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment