PepsiCo CEO Indra Nooyi is stepping down

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PepsiCo CEO Indra Nooyi, one of the most prominent women to lead a Fortune 500 company, will step down on October 3.

She will remain as chairwoman of the board of directors until early 2019. Nooyi, 62, will be replaced by Pepsi’s (PEP) global operations chief Ramon Laguarta, 54.

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