Indra Nooyi – PepsiCo (PEP)
Not only is it wise to think about gender diversity in the executive suite, but global diversity should be a top priority for any multinational company. PepsiCo (PEP) seems to have gotten this right by its choice of Indra Nooyi as its chief executive. The Indian native brings a worldly view to running one of the largest companies in the world. Understanding subtleties of culture can make the difference in growing sales or falling by the wayside.
Earlier this year Ms. Nooyi took the bold step of acquiring Pepsi Bottling Co. We’ll see if vertical integration makes sense for investors. So far they seem to be pleased, with the stock up significantly since bottoming in March.
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Article printed from InvestorPlace Media, http://investorplace.com/2009/11/female-ceos-avp-yhoo-schn-pep-wlp-igt/.
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