By Shubham Singh Aug 7, 2018 6:30:48 AM IST (Updated)
PepsiCo Inc said on Monday Indra Nooyi would step down as its longtime chief executive officer, handing over the reins to company veteran Ramon Laguarta at a time the beverage maker navigates a shrinking global soda market.
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Growing up in India, I never imagined I’d have the opportunity to lead an extraordinary company like @PepsiCo. Leading this company has been the honor of my lifetime. We’ve made more meaningful impact in people’s lives than I ever dreamed possible. https://t.co/sSNfPgVK6W
— Indra Nooyi (@IndraNooyi) August 6, 2018
I’m incredibly proud of all we've done over the past 12 years to advance the interests of our stakeholders in the communities we serve. What I admire about our global team is an incredible drive to compete – to be the best, to remain the best. https://t.co/sSNfPgVK6W pic.twitter.com/MT1jzwl9eF
— Indra Nooyi (@IndraNooyi) August 6, 2018
Which is why I am confident, as I step down from my role as CEO on Oct 3, that @PepsiCo is moving in the right direction. I’m confident in our leadership, and most of all, I’m confident in our team to continue to focus on our Performance with Purpose. https://t.co/sSNfPgVK6W
— Indra Nooyi (@IndraNooyi) August 6, 2018
Ramon Laguarta is exactly the right person to help build on @PepsiCo's strong position and success. He has been a critical partner and friend and I am positive that he will take PepsiCo to new and greater heights in the years to come. https://t.co/sSNfPgVK6W
— Indra Nooyi (@IndraNooyi) August 6, 2018
Today is a day of mixed emotions for me. @PepsiCo has been my life for 24 years & part of my heart will always remain here. I'm proud of what we've done & excited for the future. I believe PepsiCo’s best days are yet to come. https://t.co/sSNfPgVK6W pic.twitter.com/170vIBHY5R
— Indra Nooyi (@IndraNooyi) August 6, 2018