Monday, February 05, 2007

PepsiCo Elects CEO Indra K. Nooyi as Chairman

Move Effective May 2, 2007 Upon Steven S Reinemund's Retirement

From Feb. 5 Media Release by Pepsico:
PepsiCo's board of directors announced today that it has elected Indra K. Nooyi,
51, Chairman of the Board, effective when Executive Chairman Steven S
Reinemund, 58, retires on May 2, as he announced last August. Mrs. Nooyi is
currently Chief Executive Officer of the more than $32 billion global convenient
food and beverage company, a role she assumed on October 1, 2006.