*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).
March For Our Lives will be returning this weekend to Washington, DC, in the wake of the recent mass shooting seen throughout the country. Marchers include Yolanda Renee King, the only granddaughter of Martin Luther King Jr. She joined Cheddar News to discuss the importance of the march and activism in general. "I just think that it's so important to have these rallies because we need to demand to our leaders and politicians that they pass legislation and that and we actually need to see action," she said.
Catching you up on today’s entertainment headlines with the Grammys announcing new categories to be added to the awards show, Johnny Depp and Jeff Beck planning to release an album together, Britney Spears' ex-husband crashing her wedding, and more.
Erika Alexander and Whitney Dow, directors of 'The Big Payback,' join Cheddar News to discuss their new film, 'The Big Payback.' It premieres Saturday, June 11 at the Tribeca Festival.
'Pride Portraits' is a trans-led organization aiming to visually represent the LGBTQ+ community one photograph at a time. Eden Rose Torres, founder and president of Pride Portraits, joins Cheddar News to discuss its participants and the issues the LGBTQ+ community still faces.
The 75th Annual Tony Awards will take place on Sunday, June 12. Cheddar News takes a closer look at who's nominated and what audiences can expect from the ceremony.
On this episode of ChedHER: Global VP of LinkedIn Sales Solutions explains how she leads a 1,000+ person team for LinkedIn's $1 billion business, and gives advice for determining your own unique leadership style; Chief Sales Officer at Xometry, joins ChedHER breaks down why women should consider careers in manufacturing, and what opportunities are available for them in this industry; Founder of Pride Live & Stonewall Day, joins ChedHER talks about the mission and story behind Pride Live, and what to expect from this year's Stonewall Day.
Kathy Mayerhofer, Chief Sales Officer at Xometry, joins ChedHER to discuss why women should consider careers in manufacturing, and what opportunities are available for them in this industry.
Alyssa Merwin, Global VP of LinkedIn Sales Solutions, joins ChedHER to discuss how she leads a 1,000+ person team for LinkedIn's $1 billion business, and gives advice for determining your own unique leadership style.
Diana Rodriguez, Founder of Pride Live & Stonewall Day, joins ChedHER to discuss the mission and story behind Pride Live, and what to expect from this year's Stonewall Day.
Amanda Jones is the TikToker behind the “healthy Coke” recipe. In her viral post, she shared a concoction of balsamic vinegar and La Croix, allegedly something she learned from her pilates instructor and claimed it tastes just like Coca-Cola — only healthier. Jones joined Cheddar News and walked Hena Doba and Ken Buffa through the unusual recipe to have a taste for themselves.
