The Rising Influence of Rising Affluence

[DewDiligence]

PEP—Having a woman from India as CEO, Indra Nooyi, can't hurt in Asia either.

PEP’s BoD presumably was thinking along these lines when they promoted Nooyi to CEO in 2007 after she had performed well in stints as CFO and various positions in operations (http://en.wikipedia.org/wiki/Indra_Nooyi#PepsiCo_executive ). Whether Nooyi actually makes it easier for PEP to grow its businesses in emerging markets is debatable, however.

p.s. Will post later on PEP's 1Q12 results unless someone else does first.