Free Republic

On August 15th, I posted the following in response to Indra Nooyi’s appointment as CEO of Pepsico: This is a copy of the letter I just sent to Pepsico. Dear BOD: I have been a consumer of Pepsi products as long as I can remember. Indeed, my grandfather bought Pepsi stock in the post-depression era which was subsequently willed to my parents. However, that came to an end today when you announced the appointment of Indra K. Nooyi as your new CEO. I have read her speech where she referred to the US as the "middle finger" of a world-wide...

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...