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PepsiCo CEO Is Optimistic About Future As Company Transforms Into A “Lifestyle Company”

February 1, 2010: 07:16 AM EST
The CEO of PepsiCo, known mainly for sugary sodas and salty snacks, said it has weathered the economic storm of the last couple of years successfully. Because its products are a “consumer staple,” the core businesses were not affected. Speaking with the UK’s Telegraph, Indra Nooyi said PepsiCo’s biggest economic problem was ”commodity [price] fluctuation” that adversely impacted oil and plastic supplies. Nooyi is optimistic about 2010 because PepsiCo is becoming a “lifestyle company” that will benefit from concern about obesity’s effects, namely cardiovascular diseases and diabetes. She plans on tripling revenue (to $30 billion) from “good-for-you” products like Quaker Oats and various juices.
"PepsiCo chief executive Nooyi brings in healthy profits in lean times", Telegraph.co.uk, February 01, 2010, via Telegraph.co.uk, © Telegraph Media Group Limited
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