Sector News

PepsiCo CEO Indra Nooyi joins Trump's Business Council

December 15, 2016
Food & Drink

PepsiCo CEO Indra Nooyi has become only the third female executive to join a 19-person business forum created by President-elect Donald Trump as he prepares his economic agenda for the United States.

Trump’s team on Wednesday announced that three additional members would join the new president’s Strategic and Policy Forum—a group of business leaders who can be called upon to meet with Trump frequently as he implements his economic strategy. The initial round of 16 members included just two women: General Motors chairman and CEO Mary Barra and IBM chairman, president and CEO Ginni Rometty.

All three rank high on Fortune’s most recent Most Powerful Women list. Barra repeated as the most powerful woman in 2016, while Nooyi is second and Rometty ranked fourth.

The inclusion of Nooyi on the expanded business policy council (Uber Technologies CEO Travis Kalanick and Tesla Motors CEO Elon Musk were also added) is interesting as Nooyi generated headlines last month for comments she made in the wake of Trump’s victory. After Nooyi appeared at a post-election New York Times conference, online boycotts began to float around alleging she said she “loathed” Trump and “hated” his supporters. As those boycotts began to circulate on social media channels, a #BoycottPepsi hashtag circulated.

But as Fortune reported, Nooyi never made those comments. In fact, she congratulated Trump on the election, adding “We should mourn for those of us who supported the other side. But we have to come together and life has to go on.” Her public stance has been neutral: Nooyi never backed a presidential candidate and never personally gave money to either campaign. She did vote, but hasn’t disclosed how she voted.

Check out our 2016 list of the Most Powerful Women in Business

Adding Nooyi to Trump’s team of business experts gives a seat at the table to a key voice that can advocate and advise on behalf of the food and beverage industry, which didn’t have any representatives on the council until Nooyi was added to the group. Her insights in the world of food will likely be helpful in relation to the Food and Drug Administration, as well as policies involving trade (many Big Food companies sell billions of goods abroad), taxation, and nutritional guidelines.

By John Kell

Source: Fortune

comments closed

Related News

May 21, 2022

Cécile Béliot becomes Bel Group CEO

Food & Drink

Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.

May 21, 2022

“Corporate greed and dereliction of duty”: FDA commissioner slammed over infant formula shortage

Food & Drink

US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.

May 21, 2022

Sweegen hails antioxidants and bitter blocking tech a turning point for sugar reduction and healthy aging

Food & Drink

Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.