PepsiCo names new CEO as Indra Nooyi steps down

Indra Nooyi is stepping down as CEO of PepsiCo Inc. after 12 years as the leader of the food and beverage giant, the company said Monday.She will be replaced by Ramon Laguarta, 54, who has been president of PepsiCo since last September.PepsiCo’s (NYSE: PEP) stock dropped slightly, less than one-half percent, in premarket trading Monday.Nooyi, 62, will step down as CEO on Oct. 3 but will remain chairman of the Purchase, New York-based company until early 2019 to ensure a smooth transition,&