Indra K. Nooyi, chairman-CEO of PepsiCo, will be honored by the Ad Council with its 58th annual Public Service Award, the council announced Wednesday.
Nooyi, who will receive the award at the Ad Council's annual dinner Nov. 16 at the Waldorf-Astoria in New York, is being recognized for her support of public service initiatives on behalf of the council and the communities served by PepsiCo. Under Nooyi's leadership, PepsiCo has been committed to its Performance With Purpose program, working on sustainable growth by reducing the use of energy, water and packaging while improving the workplace and supporting communities where it operates. It also launched the Pepsi Refresh Project, putting millions of dollars into more than 1,000 ideas across the U.S. in 2010.
PepsiCo, which has been supporting the Ad Council since 1965, is also a member of the organization's Coalition for Healthy Children, an initiative to fight childhood obesity.
"For nearly 60 years we have been honoring distinguished corporate leaders who have not only made an unyielding commitment to public service but have inspired others to get involved in charitable giving," said Ad Council President-CEO Peggy Conlon in announcing the award. "Indra has continued PepsiCo's tradition of making a significant impact in the areas of health, the environment and education, many issues addressed by our national public service campaigns."
The award will be presented by last year's recipient, Brian Roberts, chairman-CEO, Comcast Corp., at the dinner, the Ad Council's largest annual fundraising event. Last year, it set a council record by raising $2.8 million.