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Keyword: pepsiboycott

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  • PepsiCo's Steve Reinemund to Retire as Chairman - Board of Directors Appoints Indra Nooyi as CEO

    08/14/2006 2:07:37 PM PDT · by MplsSteve · 25 replies · 685+ views
    PR Newswire Web Site ^ | 8/14/06 | PRNewswire Press Release
    PepsiCo announced today that Steve Reinemund, 58, Chairman and CEO, will retire next May. "After 22 years with PepsiCo, more than five of them as Chairman and CEO... The board of directors has elected Indra K. Nooyi, 50, as CEO effective October 1, 2006. Mr. Reinemund will serve as Executive Chairman of PepsiCo and will continue to serve as a member of the board of directors until his retirement in May, 2007.
  • Extortion Works! Russell Simmon's Boycott Flip Flop

    02/14/2003 7:46:57 AM PST · by twas · 11 replies · 254+ views
    Friday - February 14, 2003 | Rich Rock
    Last week, Russell Simmons announced plans to boycott Pepsi for unfairly dumping Ludacris as their spokesperson. This past Tuesday, Russell called a truce saying that Hip-Hop need not boycott as Pepsi had verbally agreed to millions of dollars in support of urban arts programs through Rush Arts. Then early yesterday morning, Russell abruptly sent word of a press conference to announce that the Pepsi boycott was back on. Finally hours later, it appears the boycott was back off again. In an apparent last minute move, Pepsi has once again averted the boycott by conceding to demands by The Hip-Hop Summit...