Former PepsiCo CEO Indira Nooyi joins’s board of directors

Indira Nooyi will be part of Amazon’s audit committee on its board.

In a development that underscores Amazon’s commitments towards gender neutrality in its board of directors, the world’s biggest online retailer stated it has appointed Indra Nooyi, the former Chief Executive Officer of PepsiCo Inc, to its board as a director.

Earlier this month, Amazon named Rosalind Brewer, Starbucks Corp’s Chief Operating Officer, as a director on its board.

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

In 2018, Amazon had said, minorities and women will form part of its board nominees as part of a new policy to increase diversity on its board.

Nooyi, who stepped down as PepsiCo’s CEO in October 2018 and as its chairman earlier this year, will be part of Amazon’s audit committee on its board.

Nooyi has been granted 549 shares of common stock of the company, which will vest in three equal annual installments beginning on May 15, 2020.

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

Tags: , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: