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PepsiCo CEO Indra Nooyi Is Stepping Down After 12 Years

"Leading PepsiCo has truly been the honor of my lifetime," Nooyi says. Under her leadership, the company shifted to selling more nutritious options such as hummus, juices and kombucha.

Indra Nooyi of PepsiCo has announced that she is stepping aside as CEO after some 12 years at the helm.

Nooyi plans to stay on as chairman until early 2019. The company's board announced Monday that it Ramon Laguarta, president of the company since 2017, to succeed her as CEO. PepsiCo prides itself on tapping its leadership from within

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