What''s Good For You Is Good For PepsiCo: Ex-CEO Tells How That Happened
For the first five years or so of Indra Nooyi''s tenure as CEO of PepsiCo, she was not a favorite of the investment or press communities. Then things changed. Why? Because Nooyi remained rooted in her convictions. She stayed focused on the journey she set out for PepsiCo and the company started to deliver. PepsiCo had adopted environmental, social and governance (ESG) goals long before anyone knew what they were, Nooyi said. "If I got fired for my convictions, was that bad? No, because they were good convictions," she told the invitation-only audience at Amazon Business'' Reshape 2022 conference at the Hyatt Regency Resort and Spa on Wednesday. Speaking during the opening session of the two-day event, which is focused on businesses utilizing Amazon''s business services, Nooyi delved into a number of subjects with Aster Angagaw, vice president of commercial, public and strategic sectors for Amazon Business. Nooyi, who retired from PepsiCo in 2019 after 24 years with the company, 12 as CEO, and now sits on the boards of Phillips and Amazon, spent the first half of her conversation detailing the journey she led PepsiCo on as it transitioned into a company that offered "good-for-you" products rather than just "fun-for-you" products.
What''s Good For You Is Good For PepsiCo: Ex-CEO Tells How That Happened
For the first five years or so of Indra Nooyi''s tenure as CEO of PepsiCo, she was not a favorite of the investment or press communities. Then things changed. Why? Because Nooyi remained rooted in her convictions. She stayed focused on the journey she set out for PepsiCo and the company started to deliver. PepsiCo had adopted environmental, social and governance (ESG) goals long before anyone knew what they were, Nooyi said. "If I got fired for my convictions, was that bad? No, because they were good convictions," she told the invitation-only audience at Amazon Business'' Reshape 2022 conference at the Hyatt Regency Resort and Spa on Wednesday. Speaking during the opening session of the two-day event, which is focused on businesses utilizing Amazon''s business services, Nooyi delved into a number of subjects with Aster Angagaw, vice president of commercial, public and strategic sectors for Amazon Business. Nooyi, who retired from PepsiCo in 2019 after 24 years with the company, 12 as CEO, and now sits on the boards of Phillips and Amazon, spent the first half of her conversation detailing the journey she led PepsiCo on as it transitioned into a company that offered "good-for-you" products rather than just "fun-for-you" products.