Wall Street’s Influence on Our Nation’s Health
A recent story on PepsiCo. in the Wall Street Journal shows how much influence large investors and Wall Street analysts can have on our nation’s health.
PepsiCo. was criticized for “taking eye off ball and focusing on healthy foods.”
Hailed as a strategic visionary since becoming CEO five years ago, Indra Nooyi is now addressing concerns from investors “concerned that her push into healthier brands have distracted the company from some core products.”
In response, PepsiCo says it will now spend 30% more on TV advertising for soda and other beverages.
In a follow-up to the criticisms for trying to sell more healthy products, Nooyi defended soda, and her consumption of it: “I’m the only person who drinks blue-can Pepsi on this floor,” she said of regular Pepsi-Cola, gesturing to the company’s executive offices. “I drink blue-can Pepsi exclusively.”
What does this say about change, progress, and a healthier future for our children?
3 comments


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