PepsiCo former CEO Indra Nooyi joins Amazon board

  •  United States of America
  •  Feb 27, 2019
  •  By WFB Bureau
  • 1981 Views
PepsiCo former CEO Indra Nooyi joins Amazon board

E-commerce mammoth Amazon has roped in former PepsiCo Inc CEO Indra Nooyi to its board of directors. She has been appointed under the company’s new policy of diversity in workforce.

In her new role, Indra will be the part of the audit committee of Amazon's board. She left PepsiCo last year in October after serving the company for 24 years. She held the role of CEO from October 2006 to October 2018, where she also served as the chairman of its board of directors from May 2007 to February 2019. During her journey with PepsiCo, she was credited with having introduced healthier products into the company's products portfolio.

She is the second women of colour appointed by online retailer Amazon. Earlier this month, the company brought Rosalind Brewer to its board. An African-American, Rosalind is Starbucks Corp's former Chief Operating Officer.

“We're thrilled to have elected two new members to our Board of Directors this month. Welcome, Roz Brewer and Indra Nooyi,” said Amazon in its released statement. With Nooyi's appointment, Amazon's 11-member board has five women, including Nooyi, Brewer, Jamie Gorelick, Judith McGrath and Patricia Stonesifer.

With constant pressure from shareholders, employees and the Congressional Black Caucus to adopt a shareholder proposal to increase diversity on its board of directors, Amazon decided to bring ‘Rooney Rule’. Last year, in May, the company announced to make the board more diverse. The rule encourages the practice of inducting members from minority communities and qualified women into company boards.

Image Source: http://highlightsindia.com

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