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PepsiCo CEO Indra Nooyi, one of the most prominent women to lead a Fortune 500 company, will step down on Oct. 3.She will remain as chairwoman of the board of directors until early 2019. Nooyi, 62, will be replaced by Pepsi's global operations chief Ramon Laguarta, 54.Nooyi, who was born in India, is one of a handful of people of color to lead a Fortune 500 company.She helped turn Pepsi into one of the most successful food and beverage companies in the world. Sales grew 80% during her 12-year tenure. She spearheaded Pepsi's transition to a greener, more environmentally aware company.Nooyi has been with Pepsi for 24 years. Before becoming CEO she led the company's expansion through acquisitions, including its 2001 purchase of Quaker Oats Co. She earned million last year, and million over the last three years, according to company filings."Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company," she said.Her departure leaves only 24 women leading Fortune 500 companies, after Beth Ford became the CEO of Land O'Lakes just last week. Just more than a year ago there were 32 women leading Fortune 500 companies, meaning that the number of women in top jobs at the nation's largest companies has dropped by more than 20% in just over a year.Since the middle of last year several high-profile female CEOs announced they were stepping down last year, including Marissa Mayer at Yahoo, Irene Rosenfeld at Mondelez and Meg Whitman of Hewlett Packard Enterprise.Related: Why it matters so much every time a woman CEO leavesLaguarta, Nooyi's successor, has served as president of PepsiCo since September 2017, overseeing global operations, corporate strategy, public policy and government affairs. Laguarta is also an immigrant, having been born in Spain. He had previously been CEO of the European and sub-Saharan African unit of Pepsi before being named the company's president.Nooyi praised her successor, calling him "exactly the right person to build on our success."Pepsi's stock lagged the broader market in recent years, and it has trailed rival Coca-Cola. Shares are down 1.5% this year, compared to a 5% rise in the S&P 500 index. Shares of Pepsi were slightly higher in pre-market trading.Americans' growing distaste for sugary sodas has hurt both Coke and Pepsi. In 2014 activist investor Nelson Peltz pushed for Pepsi to spin off its snack business as a separate company. But Nooyi was able to fight off calls to break up the company..-- CNNMoney's Paul R. La Monica and Julia Carpenter contributed to this report.The-CNN-Wire 2608
PACIFIC BEACH, Calif. (KGTV) - El Prez Beach Bar and Cocina in Pacific Beach was shut down by the Health Department in May just one day after San Diego restaurants were allowed to reopen, and a few weeks later, the business is now back open with new rules.RELATED: Pacific Beach's El Prez shut down for violating health ordersMultiple officials highlighted a video posted to social media that showed a crowded bar with a lack of social distancing and masks, causing the closure. Bar management has worked with the Health Department and the business is now back open with strict guidelines. Patron Matt Holman visited El Prez Saturday, June 13 and said he was pleasantly surprised to see all of the precautions being taken.“We noticed at the door there was a ‘covid coordinator,’ she looked like she was having an awesome time, kind of regulating everybody, making sure everybody was six feet apart,” he said, noting he witnessed a group get turned away when one person’s temperature was too high.He also said the rules were strict once inside.“When you sit down at the table, you can take your mask off, but you’re only allowed to get up from the table if you’re going to the bathroom or if you’re leaving the restaurant, so they were very specific about that,” he said.A previous statement from El Prez highlighted planned steps for reopening, including:We will have two separate lines to enter the restaurant. One will be for our rooftop and the other will be for our main level. The lines will be organized outside the restaurant and we will have 6’ markers to delineate where customers can stand. There will be no more lines on the main level. And we will have a security guard to remind guests to stand at least six feet of distance between parties and that masks must be worn at all times.All patrons must be served at tables. The tables will be socially distant from each other. There is no standing room inside the restaurant.We will bring on additional staff to ensure masks are worn at all times. If customers do not wear their masks, we will, unfortunately, have to ask them to leave.We will increase signage throughout the restaurant notifying customers of the county’s and state rules. All rules must be complied with or customers will be asked to leave.Holman said he witnessed strict enforcement of some of these rules.“We noticed a couple guys who were up mingling with another table and they got booted out by security so looks like fellas, if you’re going to be going down to El Prez, you want to talk to girls, you’re going to have to be yelling at them from your table over some loud music,” said Holman. 2632

PHOENIX — An Arizona ICU nurse does not mince words when detailing what work and life are like during the COVID-19 pandemic. Tough shifts and a potential surge that he fears will only get worse."As soon as I park, I have very low expectations these days," said Eddy De La Torre, a nurse at a Phoenix-area hospital. "It sucks to say that but it's just bad all around."De La Torre said staffing continues to be one of the biggest challenges given the increase in patients."The biggest issue is surrounding staffing," he said. "Staffing in a sense that with the amount of patients that are in the hospital, we're finding it harder and harder to find ways to provide each patient a nurse in the safest manner possible."He also described seeing extremely sick patients, and a staff that is feeling the effects of working on the front lines for months."We're exhausted, man," he said. "We're exhausted."As ICU beds become a scarce resource around the state, De La Torre told ABC15 those beds are in low supply at this hospital. As of Wednesday, the Arizona Department of Health Service's dashboard there were 9% of ICU beds available."It's very few," he said. "And it's smaller and smaller every day."Also on Wednesday, ASU Biodesign Institute Executive Director Dr. Joshua LaBaer said a peak of the current surge may not come until late January or early February."I hope they're wrong," De La Torre said. "If that is the case, then we're going to be in for a rude awakening because that's going to be bad because right now it's horrible."He also told KNXV-TV that fellow staff members are stretched thin and working to handle the uptick in patients."I wish I can tell you that I've been able to talk to a COVID patient," he said. "The last few times I've worked on that unit all my patients have been intubated and the majority of the patients in the ICU are intubated and really sick."He also talked about the ripple effect the surge has across the hospital."Oftentimes we get told, especially in our staffing meetings, that we have A, B and C patients waiting for rooms," he said. "They can be waiting for a couple hours."In the ICU, with visitor restrictions in place, De La Torre noted the mental toll this takes on front-line workers and the patients, both COVID and non-COVID, with family support left to come only via an iPad."The tears are back," he said. "Doesn't seem like they're going anywhere."This article was written by Mike Pelton for KNXV. 2459
PARSONS, Tennessee — A 12-year-old boy led a Decatur County, Tennessee deputy on a chase Thursday morning during a “joyride” in his father’s truck before later crashing into a building. The call came in around 5:45 a.m. local time when the owner of the vehicle reported it as his son and truck. Sheriff Keith Byrd said the boy went on a "joyride" in his father's truck.A deputy later spotted the truck and tried to stop it but the boy allegedly fled. From there, he crashed into a business near two highways.The was significant damage to the building. The boy suffered some bruises. It’s unclear whether he'll face charges. 651
Paul Manafort's former son-in-law has reached a plea agreement with the US attorney's office in Los Angeles, which has been investigating Jeffrey Yohai's real estate deals for over a year, according to two sources familiar with the matter.Under the plea agreement Yohai will be required to cooperate with other investigators but one source told CNN it is unlikely he has much to offer to special counsel Robert Mueller.It's not clear what Yohai will be pleading to as part of the deal. He has not been publicly charged by prosecutors, though he has been under investigation.His guilty plea is all about his real estate Ponzi scheme -- he defrauded actor Dustin Hoffman, among others. Yohai will also have to cooperate with an investigation by the New York Attorney General's Office, which has an open investigation into Manafort. That probe is in the shadows of Mueller's investigation.Reuters first reported the plea deal had been reached.Yohai met with Department of Justice investigators in New York in the summer of 2017, according to two other sources familiar with the matter.Yohai provided information and documents to federal investigators in New York at the time, according to one of the sources.Yohai's lawyer did not immediately return a request for comment.The sources say the Justice Department was seeking cooperation related to the federal investigation into Manafort for possible money laundering or tax violations in his business dealings with pro-Russia political parties in Ukraine.The information was turned over to Mueller as part of his probe. It's unclear if any of the information Yohai provided has been useful for the investigation of Manafort. 1678
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