Former Pepsi CEO who battled activist investor Peltz to speak at UD


Former Pepsi CEO Indra Nooyi, who won accolades during her 12-year stint at the top of the company will speak at an upcoming symposium at the University of Delaware.

Nooyi and another Fortune 500 CEO DuPont’s Ellen Kullman foughtbattles with a common foe in the form of activist investor Nelson Peltz.

Peltz targeted both companies in an effort to break up business units and slash costs

Nooyi made a truce with Peltz. Kullman fought off a proxy battle with Peltz, but later stepped down, with new CEO Ed Breen merging with Dow and engineering a plan to spin off the combined company into three entities. The key deal is a combination of Dow and DuPont agricultural businesses. Breen also cut 1,700 DuPont jobs in Delaware.

Peltz was accused of targeting companies headed by female CEOS, a charge he denied.

On March 20, an audience at the University of Delaware will have the opportunity to hear Nooyi speak about issues that affect women and men in the corporate world.

Nooyi, who stepped down as PepsiCo CEO in October and as its chairman earlier this year, will be the John L. Weinberg Distinguished Speaker at theWeinberg Center for Corporate Governance’s 2019 Symposium.

The daylong event, which is free and open to the public with advanceregistration, will focus on governance issues of importance to boards and investors in 2019.

Click here further information and a full list of speakers from UD’s UDaily site.

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