What Indra Nooyi's Departure as CEO of PepsiCo Means for the Future of Female Leadership

'We have this dwindling number of women CEOs in the Fortune 500'

On Monday, PepsiCo announced that CEO Indra Nooyi, a 12-year veteran in the role and a 24-year PepsiCo employee, is stepping down on Oct. 3. With the news of her departure, PepsiCo also announced that Nooyi’s successor would be a man (current PepsiCo president Ramon Laguarta), bringing the number of female CEOs at Fortune 500 companies from 24 to 23.