PepsiCo CEO Indra Nooyi To Step Down

Indra K. Nooyi will step down as the chief executive of PepsiCo this year, ending a 12-year run in which she sought to refashion the drinks and snacks giant into a purveyor of healthier foods and beverages.

PepsiCo CEO Indra Nooyi will step down after 12 years leading the food and beverage giant, ending a tenure marked by efforts to adapt to changing consumer tastes and fending off pressure from activist investors.