Indian-born PepsiCo CEO Indra Nooyi Fortune's most powerful woman

New Delhi, Oct 3 (UNI) Indra Nooyi, Indian-born CEO of the leading global Fast Moving Consumer Durable company PepsiCo, has just added another feather to her cap by featuring as Fortune most powerful woman in business.

The 50-year-old Ms Nooyi, who took over as the brand new chief of PepsiCo on October 1, leads the Fortune list that features 50 of the most powerful women in business the world over.

She is a powerful force behind the FMCG giant's strong profit pipeline and 108 billion dollar stock market valuation. Formerly CFO and president of the company, the strategist reached the top even though she never ran a line operation at Pepsi.

The lady who believes in constant reinvention believes that 'the minute you've developed a new business model, it's extinct, because somebody is going to copy it,' the magazine said.

Market leader in colour commercial printing, Xerox Chairman and CEO Anne Mulcahy (53) comes a close second followed by shopping portal eBay's CEO and President Meg Whitman (50) as the third most powerful businesswoman.

Interestingly, the top seven positions on the 2006 list are held by Chief Executives of companies including ADM, Kraft Foods, Sara Lee, Avon, Harpo Inc (Chairman Oprah Winfrey at number 8), Citigroup and Procter and Gamble.

Four of the women on the list are also those with the best pay packages like Meg Whitman, who made 16.2 million dollars last year.

Only one woman -- General Electrical's 39-year-old Charlene Begley was under the 40 age group, the magazine said.

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