Indra Nooyi’s Pepsi Exit Means Another Female CEO Replaced by a Man
- At least 21 women chiefs have been succeeded by men since 2009
- Most women CEOs in S&P 500 have men in president, COO roles
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When a woman CEO steps down, there’s usually a man waiting to fill her shoes.
Of the at least 24 female chief executive officers of S&P 500 companies who’ve stepped down since 2009, all but three have been replaced by a man, according to an analysis of data on executive departures compiled quarterly by recruiter Spencer Stuart. That includes PepsiCo Inc. CEO Indra Nooyi, who announced Monday that she’ll leave the post in October, and at least four other women this year.