Will PepsiCo’s (PEP) Nooyi Makeover For Her Missteps?

The New York Post reported that trouble is brewing for PepsiCo’s (NYSE: PEP) CEO Indra Nooyi as the company’s shares have lagged its archrival The Coca-Cola Company (NYSE: KO) and its beverage sales have been disappointing.

The company’s core beverage business, which includes Pepsi, Gatorade and Tropicana has been struggling under strategy shifts that have eroded sales and turned off customers. Its market share in the US cola market has declined from 23.3 percent to 22.4 percent. A leading shareholder in Pepsico feels that if the company can leverage on its recent acquisitions and expand its business internationally, Nooyi can makeover for the missteps made over the past three years.