*By Conor White*
PepsiCo's [decision](https://qz.com/work/1349337/pepsicos-long-serving-ceo-indra-nooyi-is-replaced-by-a-man/) that CEO Indra Nooyi will be replaced by company executive Ramon Laguarta highlights the gender disparity in C-Suite roles, an issue that's only getting worse, said New York Times gender correspondent Susan Chira.
"Nooyi said she would've loved to have chosen a woman," Chira said Tuesday in an interview on Cheddar. "But there was no one Pepsi saw as a credible successor to her, and I think that's very discouraging."
Nooyi's departure is the latest in a string of female CEO exits since mid-2017, including Marissa Mayer (Yahoo), Irene Rosenfeld (MDLZ) and Meg Whitman (Hewlett Packard Enterprise). Including Nooyi, the number of female S&P 500 chiefs has shrunk 25 percent ー from 32 to 23 ー since last year.
"When women go, it's very seldom that they're replaced by other women," Chira said. "So it's not just that it's really hard to get to the top, it's that the pipeline of women that are seen as credible successors is incredibly small."
During Nooyi's 12-year term as CEO, sales at the company grew [80 percent](https://money.cnn.com/2018/07/10/investing/pepsi-earnings-frito-lay/index.html?iid=EL).
But Chira said that women are less likely to be "targeted" or "seen as leaders," and therefore are not granted an equal opportunity to prove themselves.
"This is something the corporate world has to examine searchingly because all the solutions haven't really worked," Chira said.
For more on this story, [click here](https://cheddar.com/videos/the-c-suite-gender-problem).
Jack Dunn, bartender at Great Jones Distilling Co. in Manhattan, spoke with Cheddar News about the history of the whiskey sour and the process involved in making it.
Today is National Whiskey Sour Day and Cheddar News is celebrating! Michelle Castillo spoke with Celina Perez, head distiller at Great Jones Distilling Co. in Manhattan, to discuss how the business got started with a state-of-the-art operation and the process involved in making their fine whiskey drinks.
After decades in the ring, a Connecticut man is celebrating after obtaining his first boxing title, thanks to his wife who had a personal battle of her own and guided him.
Joe Biden and Donald Trump are the most likely nominees for the 2024 presidential election, but you won't see many new books about either this fall. A Barnes & Noble official says there's “an exhaustion of interest" in political titles right now, even in books about Trump, Biden's immediate predecessor in the White House.
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Cheddar News explores how you can enjoy a more affordable getaway while staying local. The TWA Hotel at JFK Airport in New York City offers a day getaway with convenience and nostalgia as added ingredients.
