*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).
In this edition of Shannon's Summer Staycation, Cheddar's Own Shannon LaNier recreates the glamping experience in his own backyard.
Aileen Del Cid, head of marketing at Samsung TV Plus, sat down with Cheddar News reporter Michelle Castillo to discuss the platform's plans to stand out from the streaming competition with a new channel featuring Conan O'Brien.
Valeria Caceres-Gil, senior manager of admissions and matchmaking at the ASPCA Adoption Center, gives some tips on how to prepare your pet for a road trip.
Jordan Schlansky, associate producer of 'Conan,' sat down and spoke with Cheddar News about Conan O'Brien's launch on Samsung TV Plus, touched on his favorite interviews with Conan and also teased the upcoming Max series, 'Conan Must Go.'
Did you know that Actor Tom Hanks is an avid collector of antique typewriters? He's not alone! Take a look at how Hanks and one New Jersey man formed an unlikely bond over a nearly 100-year-old antique typewriter.
A new, furry, and four-legged member has just joined the Suffolk County Police Department on Long Island. Meet "Luna." Luna is a therapy dog in training with the department and was named in honor of Fallen FDNY Firefighter William "Billy" Moon who lost his life last year. "Luna" means "moon" in Latin. We caught up with that hero's family to chat about what Luna means to them.
This Memorial Day weekend, settle down with plenty of good ol' American reality TV drama, a new season of an old 'What to Stream' favorite, and a quick, deep look at how much we mess up other people's names.
From Queen Bey's tribute to the Queen of Rock 'n' Roll to the banning of a historic poem, here are your top entertainment headlines.
A service dog named Justin got a diploma along with his owner, Grace Mariana, during a graduation ceremony at Seton Hall University on Monday.
All week long, Cheddar's own Shannon Lanier is giving you ideas on how to have fun without going too far from home. In this segment, he's creating a water park in his backyard and speaking with Jackie Cucco, senior editor at The Toy Insider, about some of the best products out there to make this a reality.
