Source: Reuters, December 4, 2000
NEW YORK, NEW YORK: PepsiCo's current chief, Roger Enrico, announced that Indra Nooyi will expand her duties as PepsiCo's chief financial officer and assume the additional post of president. The change is connected with PepsiCo's US$13.4 billion acquisition of Quaker Oats Co. next year. This will make her the highest-ranking Indian-born woman in corporate America. Born in India, Nooyi, 44, came to the United States in 1978 to attend Yale University's Graduate School of Management. Since joining PepsiCo six years ago, she has been directly involved in all major strategy moves the company has made. Nooyi, maintains a "puja" (Hindu prayer) room in the Greenwich, Connecticut home she shares with her husband and two daughters. Her family and her Hindu faith provide a balance for her high-powered business career.