*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).
From the end of the Hollywood Foreign Press Association to the beginning of a new zombie apocalypse, here's what's going on in entertainment.
One person was killed and multiple people were sent to local hospitals after a boat capsized Monday during a tour of an underground cavern system built to carry water from the Erie Canal beneath the western New York city of Lockport, officials said.
There was plenty of uncertainty in the run-up to this year’s Tony Awards, which at one point seemed unlikely to happen at all because of the ongoing Hollywood writer’s strike.
Classical music concerts have been popular since the age of Beethoven, Bach, and Mozart, but you've probably never thought about attending one in a cemetery. Our own Chloe Aiello spoke with Andrew Ousley, founder of Death of Classical, to learn more about a concert series held in the catacombs of the Green-Wood Cemetery in Brooklyn.
You may not know her name, but you've probably seen her face. Madhulika Sharma has graced Vogue India and ELLE Magazine and modeled for popular brands such as Reformation and Skims. Cheddar's own Hena Doba spoke with Sharma to discuss her globe-spanning modeling career, her education in fashion history, and working alongside Kim Kardashian.
The intimate, funny-sad musical “Kimberly Akimbo” nudged aside more splashier rivals on Sunday to win the best new musical crown at the Tony Awards on a night when Broadway flexed its muscle in the face of Hollywood writers’ strike and fully embraced trans-rights with history-making winners.
The ChatGPT chatbot, personified by different avatars on a huge screen above the altar, led the more than 300 people through 40 minutes of prayer, music, sermons and blessings.
New York's Assembly and Senate passed a bill to create a commission that would consider reparations for slavery.
New Orleans' Big Freedia, who many heard on Beyonce's new hit "Break My Soul," talks about upcoming business ventures and music projects, including a new show called Big Freedia Means Business on Fuse TV.
Cheddar's own Chloe Aiello tries out some unusual pickle flavors with Eddie Andre, head of brand at Grillo's Pickles.
