HomeHubsAmazonFormer Pepsico CEO Indra Nooyi joins PepsiCo joins Amazon as Board of Director

Former Pepsico CEO Indra Nooyi joins PepsiCo joins Amazon as Board of Director

Most Read

Amazon.com Inc said this week that it has appointed former PepsiCo Inc Chief Executive Officer Indra Nooyi as a director, making her the second woman to be named to the e-commerce giant’s board this month.

Earlier this month, the company named Starbucks Corp’s Chief Operating Officer Rosalind Brewer as a director, the second black woman to serve on its board.

- Advertisement -

Amazon’s eleven-member board now has five women including Nooyi, Brewer, Jamie Gorelick, Judith McGrath and Patricia Stonesifer.

The company last year said women and minorities are to be among its board nominees as part of a new policy to increase diversity on its board.

Nooyi, who will be part of the audit committee of Amazon‘s board, stepped down as the CEO of PepsiCo in October 2018 and as the chairman of the beverage-and-snack maker earlier this year.

She has been granted 549 shares of common stock of the company, which will vest in three equal annual instalments beginning on May 15, 2020. The company’s shares closed at $1,633 on Monday.

Subscribe To Morning Newsletters

Sign up to receive the latest news stories, exclusive interviews, and more in your inbox.

We don’t spam! Read our privacy policy for more info.

Editor's Pick

Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.

Read More Stories

How Logistics Industry Is Helping The e-Commerce Industry In Their Supply Chain Journey?

In the ever-evolving landscape of the Internet retail industry, the past five years have witnessed nothing short of a...

AI And India’s Software Industry: An Interview with Piyush Goel of Beyond Key

In this interview, Piyush Goel, Founder of Beyond Key spoke about the future of AI in India's software and...

Apple’s first ever dual-sim iPhone

The Indian Apple users are in for a treat as the leading smartphone manufacturer introduces its first-ever dual SIM...

Now, US users can see what Apple has collected from their device

Apple Inc on Wednesday rolled out an online tool to users in the United States and several other countries...

Dell Explores Fresh Investment in Karnataka; While Global Foundries eyes expansion in Bengaluru

In a strategic move aimed at strengthening its presence in the region, Dell, a leading technology conglomerate based in...

Verizon to shift its 1,400 employees to Infosys

American technology giant Verizon is planning to shift it's 1,400 Indian employees to Infosys by the end of this...