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PepsiCo elects CEO Laguarta to succeed Nooyi as chairman of co’s board
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PepsiCo, Inc has announced that its board of directors has unanimously elected Ramon Laguarta, currently the global food and beverage company’s chief executive officer, as chairman of its board, succeeding Indra K Nooyi, who announced in August 2018 her intention to step down as its CEO effective October 2018 and remain chairman until early 2019 to ensure a smooth and seamless transition.