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<p class="MsoNormal" style="line-height:16.5pt"><span style="font-family:"Georgia",serif;color:#333333">•
<strong><span style="font-family:"Georgia",serif">Indra Nooyi</span></strong>, the chief executive of PepsiCo,
<a href="https://na01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fp.nytimes.com%2Femail%2Fre%3Flocation%3DpMJKdIFVI6pghfX2HXfSzxRpdoyDWYNWMaG9Pg%2FmxWdtqk91c3kQkVcUoFVXiJPsVLP5Mij0GRdchkvAkj6fueQPyaTpj%2Fr%2BoDwGn9bGxk6%2FySdP1vD%2BcXm%2B20HTIIbBK1TaVW3y3XCCsyZnV8d2yQ%3D%3D%26campaign_id%3D9%26instance_id%3D3220%26segment_id%3D4516%26user_id%3D915e52e63bdc47a3b976ab18f8268a2b%26regi_id%3D6594575120180807&data=01%7C01%7Chugheyr%40pitt.edu%7C7be6710e79144b94209d08d5fc4a3366%7C9ef9f489e0a04eeb87cc3a526112fd0d%7C1&sdata=AuxODyNaH2kgp54hAokeZufaR7keHUlo8%2B4Gu%2BkLDeQ%3D&reserved=0">
<span style="color:#326891">is stepping down</span></a>. Over 12 years, she expanded the company’s international presence and began shifting its snacks and beverages to healthier choices.
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<p class="MsoNormal" style="line-height:16.5pt"><span style="font-family:"Georgia",serif;color:#333333">Ms. Nooyi, 62, was one of a small number of women leading large corporations. Our business columnist examines
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<span style="color:#326891">why female leaders are rarely replaced by other women</span></a>.
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