PepsiCo CEO Indra Nooyi's salary leap

PepsiCo CEO Indra Nooyi got a salary package worth $13.2 million last year, representing a 5 percent increase from the previous year. The salary bump for the Indian-born Nooyi was the result of a higher performance-based bonus, reflecting the company's improved financial results after coming out of a ''transitional year'' in which it slashed costs and stepped up investments in flagship brands. In addition to its namesake soda, PepsiCo makes Gatorade, Mountain Dew, Quaker oats and Frito-Lay snacks such as Doritos and Cheetos. Read the Financial Express news report here.