| January 2, 2001 Hunt-Scanlon To Name Indra K. Nooyi of PepsiCo As Human Capital Award Recipient at February Conference Stamford, CT, January 2, 2001 - Hunt-Scanlon Advisors, the nation's leader in providing executive recruitment market intelligence to senior-level executives, human resource professionals and executive recruiters, announced today that Indra K. Nooyi, President-designate of PepsiCo, Inc. (NYSE: PEP), has been named the 2001 recipient of Hunt-Scanlon's Human Capital Advantage Award. This annual award is designed to recognize a leading chief executive who has displayed excellence in human capital management while increasing shareholder value. Ms. Nooyi will accept the award at the "Achieving Human Capital Advantage Forum" to be held February 7 and 8 in New York City at The Waldorf-Astoria. Helping to oversee one of the most successful consumer products companies in the world, India-born Ms. Nooyi is among America's 50 most powerful women, according to Fortune Magazine. Since joining PepsiCo in 1994, Ms. Nooyi has been leading worldwide strategic initiatives, and merger, acquisition and divestiture activities for the company. Named CFO in January 2000, she has been a key advisor to CEO Roger Enrico and has played significant roles in the Tricon spin-off, the purchase of Tropicana, the public offering of Pepsi-Cola Bottling Group and the pending acquisition of Quaker Oats. More significantly, in the last five years Ms. Nooyi has played a key role in developing successful recruitment strategies within PepsiCo, resulting in a share price that has appreciated almost 80 percent. "Indra Nooyi is the best excellent example of today's innovative executive who recognizes the value of human capital and the impact that capital can have on shareholder value," said Scott A. Scanlon, chairman and CEO of Hunt-Scanlon. "I first met Indra when she joined PepsiCo six years ago and I have been continually impressed with the high degree of dedication, focus and vision that she has demonstrated in transforming PepsiCo into one of the world's five largest consumer products companies. We could not have identified a more ideal award recipient this year." Hunt-Scanlonıs two-day human capital symposium is designed to help HR professionals, senior-level executives, executive recruiters and leaders of emerging growth companies understand the importance of human capital as a source for competitive advantage. Senior executives and chief executives from companies including IBM, GE Capital, PepsiCo, UBS Warburg, Accel Partners, CareerEngine, Christian & Timbers, efinanceworks, Flatiron Partners, General Atlantic Partners, Heidrick & Struggles International, Korn/Ferry International, Lightspeed Venture Partners, Ninth House Networks, Russell Reynolds Associates, Saba and Watson Wyatt Worldwide will share new thinking and the winning strategies they are embracing to gain a competitive edge in todayıs marketplace. Among the presentations to be discussed: The State of the Art in Talent Seeking; Defining Human Capital Advantage; Talent Agents and Hired Guns; Management Assessment: How to Identify Your Talent Within; and What Makes You the "Employer of Choice" in the New Economy." For more information on the conference or to register online, visit www.hunt-scanlonconferences.com or call Dean Fichtner, Chief Marketing Officer, at (800) 477-1199. ABOUT HUNT-SCANLON Hunt-Scanlon Corporation (www.hunt-scanlon.com) is the leading authority on the executive search and online recruiting industries, providing a range of information products and services relating to executive search, staffing, Internet recruiting, human resources and corporate diversity. These include daily real time newswires, the monthly newsletters Executive Search Review, Online Recruiting Strategist and Diversity Monitor, as well as directories of executive recruiters and Select Guides to executives in six functional staff areas (top management, human resources, finance, information technology, sales and marketing). Hunt-Scanlon is a widely quoted news source frequently referenced in The Wall Street Journal, Fortune, BusinessWeek, The New York Times, Investors Business Daily, Bloomberg Newswires, The Financial Times and Crain's, and has also appeared on the PBS television series "CEO Exchange." Through a separate operating unit, Hunt-Scanlon Advisors, the firm also provides comprehensive market intelligence studies, market trend surveys and forecast indicator reports on the executive search and online recruiting industries to major corporations. The company's flagship recruitment portal for senior executives, hunt-scanlon.com, is a growing online marketplace connecting buyers and sellers of recruiting services worldwide. Within this portal, Hunt-Scanlon operates four leading web sites, including executiveselect.com, recruiterlink.com, diversityonline.com and leadersonthemove.com. A third operating unit of Hunt-Scanlon, the Institute for Corporate Diversity, is the leading diversity database and research publisher in the U.S. Hunt-Scanlon acquired the diversity institute in 1999 and now publishes Diversity Monitor, the monthly trade newsletter, as well as Diversity in Corporate America, the largest diversity executive reference guide in the U.S. Contact Information:
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