Indra Nooyi Steps Down as PepsiCo CEO, Twitter Abuzz

PepsiCo CEO, Indra Nooyi resigned on Monday, 6 August. She will be succeeded by company president Ramon Laguarta, effective from 3 October.

Nooyi, 64, has been with PepsiCo for 24 years and has held the CEO position for 12 years now.

Her departure was announced by PepsiCo on Twitter.

After 12 years as CEO, Indra K. Nooyi will step down Oct 3, 2018. Her leadership and vision propelled our performance, transformed our company and embedded sustainability into everything we do. Thank you, @IndraNooyi! https://t.co/gq2LwrwI0Q pic.twitter.com/uhEIeRaWfv

— PepsiCo (@PepsiCo) August 6, 2018

The company also announced Ramon Laguarta taking over as CEO in another tweet.

Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg

— PepsiCo (@PepsiCo) August 6, 2018

Nooyi also tweeted about stepping down and expressed her gratitude to the company.

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.

Indra Nooyi on Twitter

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

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

“That’s one less woman CEO in the world,” say Tweeple

After Nooyi’s resignation was announced, many took to Twitter to say how she had been an inspiration.

Just in: Indra Nooyi steps down as PepsiCo CEO. (That's one less woman CEO in the world.)

— Shelly Walia (@shellywalia) August 6, 2018

End of a glorious era. #IndiraNooyi took Pepsi to dizzying heights. https://t.co/iD3ALZjXFk

— Gautam Shelar (@ShelarGautam) August 6, 2018

Have always looked up to @IndraNooyi. Class apart. Women like her inspire to dream. https://t.co/b1757mEBiv

— Sohini Guharoy (@sohinigr) August 6, 2018

“GENDER DIVERSITY has to be embraced as the only way for a company to be successful.” Indra Nooyi CEO of PepsiCo #meritocracy #HeForShe #equality #leadership #empowerment #globalleader pic.twitter.com/WBsjPZwEmx

— Haven Hill (@havenhillllc) August 4, 2018

As a first generation Indian-American woman, Indra Nooyi has been a huge inspiration. So sad to see her step down as PepsiCo CEO.

— saira rao (@sairasameerarao) August 6, 2018

The company has undeniably flourished under your leadership. Looking forward to how you will positively impact our world in this next chapter of your life @IndraNooyi

— Shilpa Varghese (@ShilpaVarghese) August 6, 2018

Also Read: After 12 Years, Indra Nooyi Steps Down as PepsiCo CEO