Indra Nooyi, the chief executive officer of PepsiCo Inc has decided step down from the role. Ramon Laguarta will be taking her place. The announcement was made by PepsiCo stating that “Laguarta will take over from Nooyi on October 3 and will also join the board.” Nooyi, was the part of the company for 24 years, She will continue as the chairman of the board till early 2019.
She shared how she never imagined leading the company. She also shared her many tweets on her social media account expressing her emotions.
Growing up in India, I never imagined I’d have the opportunity to lead an extraordinary company like @PepsiCo. Leading this company has been the honor of my lifetime. We’ve made more meaningful impact in people’s lives than I ever dreamed possible. https://t.co/sSNfPgVK6W
— Indra Nooyi (@IndraNooyi) August 6, 2018
I’m incredibly proud of all we’ve done over the past 12 years to advance the interests of our stakeholders in the communities we serve. What I admire about our global team is an incredible drive to compete – to be the best, to remain the best. https://t.co/sSNfPgVK6W pic.twitter.com/MT1jzwl9eF
— Indra Nooyi (@IndraNooyi) August 6, 2018
Which is why I am confident, as I step down from my role as CEO on Oct 3, that @PepsiCo is moving in the right direction. I’m confident in our leadership, and most of all, I’m confident in our team to continue to focus on our Performance with Purpose. https://t.co/sSNfPgVK6W
— Indra Nooyi (@IndraNooyi) August 6, 2018
Ramon Laguarta is exactly the right person to help build on @PepsiCo‘s strong position and success. 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. https://t.co/sSNfPgVK6W
— Indra Nooyi (@IndraNooyi) August 6, 2018
Today is a day of mixed emotions for me. @PepsiCo has been my life for 24 years & part of my heart will always remain here. I’m proud of what we’ve done & excited for the future. I believe PepsiCo’s best days are yet to come. https://t.co/sSNfPgVK6W pic.twitter.com/170vIBHY5R
— Indra Nooyi (@IndraNooyi) August 6, 2018
Her stepping down created a big buzz on social media. While many congratulated Nooyi on successfully leading the company for several years, others expressed their sorrow over the decision. Here are some of the reactions on social media:
As she steps down at PepsiCo’s helm, Indra Nooyi completes an exceptional 12 years as CEO. Her vision of changing consumer preferences back in 2006 transformed PepsiCo to lead market changes while achieving outstanding financial performance. https://t.co/yOh8L8zLWv
— Bill George (@Bill_George) August 6, 2018
Just in: Indra Nooyi steps down as PepsiCo CEO. (That’s one less woman CEO in the world.)
— Shelly Walia (@shellywalia) August 6, 2018
So proud of you. You are a role model for my daughters. I have four girls, and for sure, they’ll look up to you as they grow up. I tear up sometimes thinking about you and what can be possible in life….
— Jude Ekwedike (@jekwedike) August 6, 2018