Amazon adds Indra Nooyi, former CEO of PepsiCo, to the board of directors



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FILE PHOTO – PepsiCo CEO Indra Nooyi speaks at the Bloomberg Global Business Forum in New York, USA on September 20, 2017. REUTERS / Brendan McDermid

(Reuters) – Amazon.com announced Monday that it has appointed Indra Nooyi, former executive director of PepsiCo Inc, to the position of director, making it the second woman to be named to the online commerce giant's board of directors. this month.

Earlier this month, the company named Rosalind Brewer, chief operating officer of Starbucks Corp, as the director, the second black woman to sit on the board of directors.

Amazon's 11-member board now includes five women, including Nooyi, Brewer, Jamie Gorelick, Judith McGrath and Patricia Stonesifer.

Last year, the company said that women and minorities should be candidates to its board of directors as part of a new policy to increase diversity within its board. d & # 39; administration.

Nooyi, who will be part of the audit committee of Amazon's board of directors, stepped down as CEO of PepsiCo in October 2018 and chairman of the beverage and snack maker earlier this year. . (Bit.ly/2H0ohDf)

It has been awarded 549 common shares of the company, which will be acquired in three equal annual installments starting May 15, 2020. The shares of the company closed at $ 1,633 on Monday.

Report by Akanksha Rana in Bengaluru; Edited by Sriraj Kalluvila

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