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Ivanka Trump thanks "mentor and inspiration" Indra Nooyi

Press Trust of India  |  New York 

to her father Donald Trump, said today that has been her mentor and inspiration as she expressed her gratitude for the outgoing chief's passionate engagement on various social issues.

"The great @IndraNooyi is stepping down as CEO, after 12 yrs. Indra, you are a mentor + inspiration to so many, myself included," tweeted.

said she is "deeply grateful" for Nooyi's friendship and thanked the for her "passionate engagement on issues that benefit the people of this country, and beyond."

In 2016, Nooyi had joined a 19-person Strategic and Policy Forum created by then President-elect as he prepared his economic agenda for the US. However, the forum disbanded in August 2017 in the wake of Trump's confrontational response to a violent white supremacist rally in Charlottesville,

PepsiCo's Board of Directors unanimously elected Ramon Laguarta, 54, to succeed Nooyi, 62, as

Nooyi will step down on October 3 after 24 years with the company, the last 12 as She will remain until early 2019 to ensure a smooth and seamless transition.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 07 2018. 21:25 IST