Indra Nooyi

So he came around.

I mean, he's a smart guy.

He came around, and we've remained friends since.

There's no question about bad feelings or anything of that sort.

Well, it depends on the board member they propose.

You know, Bill Johnson, who used to run Heinz, came on our board.

And Nelson actually suggested Bill Johnson.

But what Nelson didn't realize is that

Bill Johnson and I knew each other and we were friends already.

So when Nelson recommended Bill Johnson, it was a welcome thing for us because he came from the consumer world, knew us well.

Now, had he recommended somebody who was disruptive, we may have paused and said, don't want that board member because you don't want to spend our time answering activist questions when we should be running the company.

Bill Johnson was hugely accretive to the board.

And, you know, he had known Nelson forever, but he knew the consumer world, he knew PepsiCo.

And so, you know, he actually added a lot to the board.

A total win-win.

Oh, 15% or so, 10, 15%, maybe, maybe.

But 1% to 2% and you try to agitate for a board seat, I think that's really wrong.

No, no, no, no.

A couple others, Califiorina, Warsaw.

So when I became CEO in 2006, I think there were 11 companies that had women CEOs.