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PepsiCo CEO feeling the heat to develop succession plan

2015-01-28 08:35:15| Beverages - Topix.net

Nelson Peltz plans to pressure PepsiCo as soon as this summer to have CEO Indra Nooyi develop a plan of succession, The Post has learned. Peltz, whose Trian Partners owns 1.2 percent of PepsiCo, on Jan. 16 announced a deal with the soft drink and snacks giant that put his adviser - former H.J. Heinz CEO William Johnson - on the PepsiCo board in exchange for agreeing not to launch a proxy fight.

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