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That is a gift of lasting value." Dear Indra Nooyi, Though we have not met, I write this to express the ways in which you have provided a role model for millions of people who are leaders and those who may find themselves in circumstances where they are called upon to lead.
The financial gains from this spinoff allowed the company to increase the pace of its share buyback strategy, thereby giving it more leverage to pursue future acquisitions without as much shareholder backlash Acquiring Tropicana allowed Pepsi Co to gain a competitive edge; Tropicana at the time captured 44% of the chilled orange juice segment, the fastest growing segment of the juice market, an especially positive metric when compared to Coca-Cola's Minute Maid which captured less than half of Tropicana's market share.
She reclassified Pepsi Co's products into three categories: "fun for you" (such as potato chips and regular soda), "better for you" (diet or low-fat versions of snacks and sodas), and "good for you" (items such as oatmeal). She moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the "fun" offerings.
Congratulations to you and the board for the smoothness of this initial phase of the transition.
As attention will quickly turn to your successor, your role may seem less important, but nothing could be further from the truth.
Your educational path is one I often recommend – eclectic.
Frequently, students are urged to specialize, learning more and more about less and less.However, Nooyi will continue to serve as the chairwoman of the company until early 2019.In January 2008, Nooyi was elected chairwoman of the U. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry.Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011.The Yale School of Management will name its deanship in honour of Nooyi as she gifted an undisclosed amount, becoming the school's biggest alumni donor and the first woman to endow a deanship at a top business school. She is also a member of the Board of Trustees of Eisenhower Fellowships, and has served as Chairperson of the U. Nooyi serves as an Honorary Co-Chair for the World Justice Project.Dear Indra Nooyi, Though we have not met, I write this to express the ways in which you have provided a role model for millions of people who are leaders and those who may find themselves in circumstances where they are called upon to lead.The financial performance of Pepsi Co speaks to your leadership but is far from the only measure.This provides an instructive contrast to what some CEOs do. Not only do they fail to orchestrate a healthy transition in partnership with the board, they resist it.This quickly becomes an emotional situation that drains energy, tests relationships and inevitably weakens the reputation of the company and tarnishes the legacy of the leader.On 6 August 2018, Pepsi Co Inc confirmed that Nooyi would step down as the CEO and Ramon Laguarta, a 22-year veteran of Pepsi Co, would replace her on 3 October.Ramon Laguarta replaced her on that day, as well as becoming a member of the board of directors.