Indra Nooyi's Run Ruining Pepsi Is Over
When a great American company has a crappy CEO, that CEO eventually
gets fired. When a great American company has a crappy CEO that is part
of a protected class of people under our crazed progressive
victimologist caste system, that CEO gets to hang on because Boards of
Directors are loathe to fire, say, a woman CEO. That is until the
world's patience runs out. That is why, for example, glamorous but
worthless Andrea Jung hung on so long at Avon. That is why Indra Nooyi has hung on so long at Pepsi long after she has proven disastrous.
A fair question might be “What exactly has Mrs. Nooyi been doing for four years other than letting the company’s flagship product wither and it’s marketing talent flee?” Easy. Trying to sell healthy foods. But it’s more than that. The strategy is apologetic, it reeks of shame and a desire for absolution and forgiveness. Ms. Nooyi has infected a successful US company with the destructive ethos of global do-goodism. Instead of understanding Pepsi’s success and taking pride in producing products that are loved the world over, Pepsi donned the hair-shirt and acted as if it was some kind of an NGO.Well that is about to change. Uber-activist investor, Ralph Whitworth is reported to have taken a stake in Pepsico. When Whitworth crashes your party, a CEO departure is usually the minimum amount of change in the offing. Nooyi's run dressing Pepsi up as an acceptable company by the standards of global elites is over.
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