News
Indra Nooyi rules herself out of race to succeed Tata
PepsiCo chairman and CEO Indra Nooyi, speculated to be among the possible candidates to succeed Ratan Tata as chairman of the Tata Group, has ruled herself out of the race, saying she “loves” her present job.
“Ratan is an unbelievable person,” she said, when asked about the speculation. “He has got an incredible stable of people who can succeed him. I’m running one of the greatest companies in the world, PepsiCo. I love my job.”
The Chennai-born chief of the world’s leading company in convenient snacks, foods and beverages, with revenues of more than $60bn and over 285,000 employees, however, was all praise for the Tata Group:
“Tata is an unbelievable company,” she said. “It’s a nation-building enterprise; a phenomenal enterprise; the face of India.”
While Ratan Tata’s 52-year-old half brother, Noël Tata, has been speculated to be the front-runner, Nooyi and another global business leader, Carlos Ghosn, chairman and CEO of Renault-Nissan Alliance, have been mentioned as suitable candidates.
Source: Business Standard
See also
Latest news
| |