PepsiCo Director Quitting to Lead Health Institute That Touted Soda Tax

The newly appointed president of the Institute of Medicine, which advises government leaders and policymakers on health issues, plans to resign from several corporate boards in advance of taking his new job—including one that might have created a sticky situation.

Among the companies that Victor Dzau will sever ties with is PepsiCo, according to Jennifer Walsh, a spokeswoman for the IOM. “Dr. Dzau had already decided to step down from corporate boards before he accepted the position,” she says.