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The New York Times said that Nooyi has been courted as an administration ally by Ivanka Trump, who is playing a role in the selection of a nominee.
Nooyi has stepped down after 12 years at the helm of the global beverage giant.
Even the biggest companies have failed to elevate the position of women in their organisations, who hold only about 5 per cent of CEO positions.
Her departure also reveals that despite corporate America's claims, efforts to include women in top leadership positions is "distressingly inadequate".
Nooyi will be replaced by current president of the company Ramon Laguarta.
PepsiCo filed a Rs 2 crore defamation suit against Facebook, YouTube and Twitter.
Women have been taught to eat slowly, softly, in smaller bites - a construct of femininity designed to aid the creation of a fragile, waifish woman.