Breaking News

Pepsico’s First Female CEO Indra Nooyi Steps Down

In 2017, there was an all-time high of 32 women CEOs on the Fortune 500.

In 2018, the number declined as more women stepped down as CEO, including Campbell Soup’s Denise Morrison and Mattel’s Margo Georgiadis.

And now the numbers drop again as Indra Nooyi makes her move.

After holding the top spot at PepsiCo for 12 years, Indra Nooyi plans to step down on October 3rd. She will remain as chair until early 2019. Under Nooyi’s leadership as CEO, PepsiCo saw its revenue grow by more than 80 percent and experienced the birth of many billion-dollar brands.

Ramon Laguarta, PepsiCo’s President and a 22-year veteran of the company, will replace Indra Nooyi.

PepsiCo is a leader in the food and beverage industry, serving customers in over 200 countries with over 20 well-known brands. Their most popular brands include Pepsi, Frito-Lay, Gatorade, Quaker, and Tropicana. When Indra Nooyi steps down in October, the consumer packaged goods industry will lose one of it’s most vibrant and visible female voices of this decade.

Pepsico Earnings & Dividends

PepsiCo reached $63.5 billion in revenue in 2017. In May 2018, the company increased its annual dividend to $3.71 per share, marking the company’s 46th annual dividend increase.

On July 10th, PepsiCo reported results for the second quarter of 2018.

Best Time in History for Women to Invest

This is the best in history for women to learn how to invest.

The markets are volatile, mergers and acquisitions are frequent, and political friction is increasing uncertainty. It’s the best time for women to dive in and explore the markets because we’re not looking at a straight investment path. You have to think more strategically in this environment. And when you can learn how to navigate a period of turbulence, you unlock another level of possibilities that you can tap into as an investor. You also develop the financial acumen needed to become the next woman CEO!

If you want to learn how to build your dividend income portfolio from scratch, join Dividend Queen to gain access to our course and events.

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Disclaimer: Wealthy Women Daily is solely educational and informational, and is not intended to give investment or trading advice of any kind. Not all asset classes are suitable for all investors. Wealthy Women Daily is a research academy that provides you with the data and analysis you need to make an informed investment decision. It is your responsibility to talk to an expert to understand how specific investments will impact you during tax time. 

About Charlene Rhinehart, CPA

Charlene Rhinehart is a Certified Public Accountant, Founder of Wealthy Women Daily, and Editor-in-Chief of the Dividend InvestHer and The Wealthy Woman Investor. Charlene is currently the Chair of the Illinois CPA Society Taxation Individual Committee. With over a decade of experience in the financial services industry, Charlene is one of the few leaders who design insights specifically for the woman investor. Charlene’s work has been featured in a variety of publications including the Huffington Post, Black Enterprise, and the American Institute of Certified Public Accountants. In 2019, Charlene released her book “Dividends Are a Queen’s Best Friend”, on Amazon.

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