Posted on 08/15/2006 4:24:11 AM PDT by saveliberty
Pepsico Inc. Chief Financial Officer Indra K. Nooyi will replace Steven Reinemund as chief executive, the Pepsi-Cola and snacks company said yesterday, making her the No. 2-ranked female CEO in the Fortune 500.
With her Oct. 1 appointment, Mrs. Nooyi takes her place in an elite group of 11 female CEOs running Fortune 500 companies. Patricia Woertz at agricultural processor Archer Daniels Midland Co. ranks first. ADM is ranked 56th in the Fortune 500, while Pepsico, the world's second-largest soft-drink company after Coca-Cola Co., is ranked 61st.
"I'm very excited and at the same time very humbled," she told analysts during a conference call yesterday morning.
Mrs. Nooyi said she felt fortunate to be taking over at a time when Pepsico was in such a strong position, with solid growth across all its business units. She and Mr. Reinemund have worked closely over the last five years, and Mrs. Nooyi described their relationship as one in which they complete each other's sentences.
"Indra Nooyi is truly a star and has been working side by side with Mr. Reinemund over the past several years," Citigroup analyst Bonnie Herzog wrote. "She has been very involved with every major decision Pepsico has made over the past five-plus years, and therefore, we expect this transition to be very smooth."
(Excerpt) Read more at washingtontimes.com ...
http://www.powerlineblog.com/archives/010478.php
Coke it's the "real thing".
Pepsi alert. I don't know if you remember the speech that Indra Nooyi gave about the US being the middle finger, but somehow Pepsi decided to promote her.
The link to the objectionable material is below.
You can say that again
Coffee is our friend too :-)
Hey, S/L, good to see you again.
Yep.........no more Pepsi, and I've been a drinker for years.
:-)
I completely quit drinking Pepsi products becaus of her. Im suprised at how often I think of it when I go to the drink box at the store.
Hiya, Loud Mime! Good to see you too!

MMMMMMM my favorite. Diet coke with lime. Pepsi sucks anyway. Too sweet.
Incredible. Absolutely incredible. The world truly is insane.
:-) She is free to make herself and Pepsi look bad.
Hiya Def! Go ahead and finish it off. Pepsi already has been paid, just don't buy it in the future. Maybe you would like to write to Pepsi how you are upset by her commentary?
:-)
Coke has always been my drink - or Dr. Pepper, the state drink of Texas.
Diet Cherry Coke.
BTW Your tag line ????
I was raised in an all Asian/Black family and I am conservative plus pasty white and blue eyed so I guess I would have a tag line to damn long....
I'll stick to tag line as is.
Snapple - which was once the official drink of the EIB network.
Considering the Mike Wallace interview, absolutely.
It's as though no journalist read "The Terrible Secret" and they are repeating Amb Joe Kennedy in the UK all over again.
Don't forget, Aquafina water, Tropico juices, Sunkist, and Lipton are all Pepsi products as well.
Safeway.
:-) Tropicana puts bugs in its red grapefruit juice. Another reason to boycott Pepsi products.
Too Sweet and flat tastng.
Gives my tummy acid reflux and throat gags.
No pepsi, Coke.
Thank you!
Chee'burger Chee'burger Chee'burger Chee'burger
And Lay's Potato Chips and Gatorade and Quaker Oats and Rice-A-Roni...
They will never get another dime out of me.
We don't have any Safeways here. But I know it's a grocery store. I have moved about a bit. Ohio? Right?
Everyone should read the speech she gave. Personally, I'm going to boycott Pepsi products, write a nasty-gram to Pepsico, and one to my retirement fund company urging that they drop Pepsico from their portfolio. We don't need her kind in positions of power...anywhere.
Now that we know what Pepsico thinks of America and Americans, let's all show Pepsico what America and Americans think of them and their illegal workers!
I think that there are Safeways in California too
Diet Sunkist, 7up or Fresca for a change of taste is nice too.
Pespsi has Sierra Mist or Mountain Dew.
Ackkkk
Yes good idea. They own Taco Bell as well. Grrrrrrr!
Pepsi is the middle finger of the soda world.
Isn't Dr. Pepper a sweet wussy drink. Surprises me for a state like Texas. Would have expected whiskey.
"Chip...Chip!"
A billboard outside of Pepsi headquarters would be effective except for the fact that apparently at Pepsico, reading comprehension is optional.
Yo quiero Coca Cola.
This is so that they can say that they have a female ceo. This will get the feminazis all buying pepsi and me buying coke.
:-D
Our Commitment
Our commitment is to deliver sustained growth, through empowered people, acting with responsibility and building trust.
Under Guiding principles:
Care for customers, consumers and the world we live in. ...Our success depends on a thorough understanding of our customers, consumers and communities. Caring means going the extra mile. Essentially, this is a spirit of growing rather than taking.
Blah...blah...blah. What we really mean is everyone else in the world is important of consideration, but not the U.S. where we got our start.
Well I never lived there. But thanks for the info. How have you been? Have you heard from Radio Producer? I thought they were going to have a new show?
No I think she's been celebrated as a leftwing star for a while. Let her drive the business where she thinks she can. Meanwhile, we can encourage our friends and families to shop for other products and services.
No asta de Taco Bell. Pepsi, no Coke. Muy malo.
:-) I have been fine, how are you? How is the new job?
I have not heard from rp in a while but I have not been available much. When I last emailed her, she was busy and enjoying her new home and job. The new show IIRC was in the afternoon (3-6 I think?)
Gee, if they wanted our business they should have said so.
"Deliver the best products and services to our customers". Period.
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