Nooyi
Indra Nooyi is stepping down as PepsiCo’s CEO.
AP Photo/Mark Linnahan
  • PepsiCo announced on Monday that Indra Nooyi would be stepping down as CEO , to be replaced by the company’s president, Ramon Laguarta.
  • Nooyi is the latest of high-profile women running Fortune 500 companies to step down in recent months, with male executives taking their places.
  • The number of Fortune 500 companies led by women dropped by 25% from 2017 to 2018.

Indra Nooyi is stepping down as the chief executive officer at beverage and snack giant PepsiCo . With her departure, the list of Fortune 500 companies led by women is down yet another member.

In 2017, Fortune reported that more women than ever before were leading the 500 largest companies…