Her determination and dedication to her job have shown that anything is possible with the right mindset. She became the school's biggest alumni donor in history and the first woman to endow a deanship at a top business school with her gift. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. Both of these ventures proved to be highly profitable to the company. PepsiCo Chairman & CEO Indra Nooyi became the most generous lifetime benefactor in the history of the Yale School of Management P&Q: You have a daughter, Preetha, who earned her MBA at Yale. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. [22] The financial gains from this spinoff allowed the company to increase the pace of its share buyback strategy, thereby giving it more leverage to pursue future acquisitions without as much shareholder backlash. My Life in Full: Work, Family, and Our Future. My Life in Full is a New York Times bestseller and available in multiple languages. Indra Nooyi is a business executive born in India, at present, she is the Chairperson and CEO of PepsiCo, which is the largest food and beverage company in the world. She possessed a rebellious streak as a young girl, and was known to be wild. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. in 2001, she became one of the Board of Directors of PepsiCo. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Her mother was the driving force behind her good grades. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. [3][4][5], She has consistently ranked among the world's 100 most powerful women. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter, she told Fortune magazine. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. Holy Angels Anglo Indian Higher Secondary School, Indian Americans in the New York City metropolitan area, "2007 Outstanding American by Choice Recipients", United States Citizenship and Immigration Services, "Indra Nooyi and Chandrika Tandon - pg.7", "PepsiCo CEO Indra Nooyi Is Stepping Down After 12 Years", "PepsiCo, Inc. (NYSE:PEP): Second Quarter 2010 Earnings Preview", "Forbes Magazine's List of The World's 100 Most Powerful Women", "The 19 Most Powerful Women In Business 2017: CEOs And More With Ambitious Goals", "PepsiCo's former CEO Indra Nooyi joins Amazon's Board of Directors", "ICC appoints Indra Nooyi as Independent Director", "Indra Nooyi: The Indian executive who broke glass ceiling in corporate America", "Indra Nooyi, Chairman and Periya thala of PepsiCo, Named CEO of the Year by GSCLG", "Departing PepsiCo CEO Indra Nooyi Did It Her Way", "How Indra Nooyi changed the face of PepsiCo", "PepsiCo: Is It One Of The Best Dividend Stocks? Her job with Johnson & Johnson was quite a challenging one as she was made responsible for managing the introduction of Stayfree sanitary napkins to India. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. Ajay Banga Bio, Age, Family, Wife, Daughter, General Atlantic, Mastercard, Net Worth, Arvind Krishna Bio, Age, Family, Wife, Education, Salary, Book, Net Worth, Copyright 2023 | WordPress Theme by MH Themes, Meet Arvind Krishna: The Rising Star of the Corporate World. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Your IP: [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Nooyi earned a bachelors degree in chemistry from Madras Christian College in 1976 and a masters degree in business administration from the Indian Institute of Management in Calcutta two years later. ", "Follow Indra Nooyi's example: Be a leader people want to follow", "PepsiCo CEO Indra Nooyi's long-term strategy put her job in jeopardy but now the numbers are in, and the analysts who doubted her will have to eat their words", "Indra Nooyi on making Pepsico 'good for you', "Indra Nooyi's Passions: People, Performance & Purpose At PepsiCo And Beyond", "PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New", "PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO", "PepsiCo CEO Indra Nooyi is stepping down", "Connecticut Governor Names Indian American Executive Indra Nooyi to CERC Board of Directors to Improve Economic Strategy", "A Wall Street exec volunteers, and Lamont readily accepts", "NE governors promise to cautiously ease COVID-19 restrictions", PepsiCo CEO Nooyi gets $17 mn in compensation, "PEPSICO INC Executive Salaries & Other Compensation", "PepsiCo's Indra K. Nooyi Elected Chairman of U.S.-India Business Council", "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal", "Academy Announces 2008 Class of Fellows", "America's Best Leaders: Indra Nooyi, PepsiCo CEO", India-born Indra Nooyi named CEO of the year, Brendan Wood International Announces 24 TopGun CEOs in the US, "Indra Nooyi second most powerful woman in US business", "Lin-Manuel Miranda, Jeff Bezos, Anna Wintour, and More in the National Portrait Gallery's Newest Additions", "League of Women Voters salutes Greenwich resident Nooyi", "Michelle Obama, Mia Hamm chosen for Women's Hall of Fame", "Wings Publication announces winners of India's most prestigious book award", "Indra Nooyi '80 Presented with Honorary Doctorate at Yale Commencement", Commencement Recipients Indra Krishnamurthy Nooyi, Freelon to Speak at NC State Commencement, Olympics, Weirdstones, Pepsi and New York feature in Warwick's Honorary Degrees, Miami University Miami Awards 3,967 Degrees at 2011 Commencement, "PepsiCo leader Nooyi to receive honorary degree from Penn State" | Penn State University, "Duke to award degrees to more than 4,400 graduates on Sunday, May 10" |, commencement 2009. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. [6] In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women[7] and was ranked the second most powerful woman on the Fortune list in 2015 and 2017. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Education: Madras Christian College, B.S. Nooyi was responsible for guiding a major restructuring, which included the companys spin-off of its restaurantswhich included KFC, Pizza Hut, and Taco Bellinto Tricon Global Restaurants (which later became Yum! [19], Nooyi joined PepsiCo in 1994, and was named CEO in 2006,[20] replacing Steven Reinemund, becoming the fifth CEO in PepsiCo's 44-year history. [citation needed] Acquiring Tropicana allowed PepsiCo to gain a competitive edge; Tropicana at the time captured 44% of the chilled orange juice segment, the fastest growing segment of the juice market, an especially positive metric when compared to Coca-Cola's Minute Maid which captured less than half of Tropicana's market share. When asked why women fail to reach the top echelons of management, Indra Nooyi said that the only way up was to prove your mettle..Indra Nooyi . She was part of the top management team responsible for the companys U.S. business as well as its worldwide industrial businesses, representing about $10 billion of ABBs $30 billion in global sales. In a radio interview, Nooyi stated that PepsiCo is getting ready to launch products designed and packaged as per women's preferences, and based on behavioral differences in the way men and women consume snacks. Indra Nooyi Interview . Her father was a bank official. Brands, Inc., which is today one of the world's largest fast food restaurant companies. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. In 2008, Forbes ranked her as the third-most powerful woman. Indra Nooyi's daughters are both highly educated. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. Born into a middle-class family in Chennai, she came a very long way. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. From April 2015 until April 2020, she was a director of Schlumberger Limited. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Then, in 1986, she moved on to Motorola as a senior executive. Biography of Sundar Pichai. She completed her studies in India. After moving to the United States, she received an additional masters degree in public and private management from the Yale School of Management in 1980. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. In 2017, Forbes ranked her the second most powerful woman in business. Please include the Ray ID (which is at the bottom of this error page). She had to struggle a lot due to some policies advertising feminine hygiene products was not allowed at that time in the country so it's wasn't a piece of cake to gain a foothold in the country. [43] She will help draft the state's new economic development strategy. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. She would play guitar in a band and be often referred to as rebellion or wild. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. [44], In April 2020, it was announced that Nooyi along with Yale epidemiologist Dr. Albert Ko will represent Connecticut on the six-state working group planning for the careful easing of COVID-19 restrictions. Citations for Medalists. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. Ms Nooyi is married and has two daughters. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . She has been a member of the All-Girls Cricket Team. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Through her tenacious organizational skills and imaginative innovation, she was able to adeptly manage the complexities of her role, adding immense value to overall operations. She also served as PepsiCo's senior vice president for corporate strategy and development from 1996 until 2000, and as PepsiCo's senior vice president for strategic planning from 1994 until 1996. They write new content and verify and edit content received from contributors. Updates? This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. My Life in Full: Work, Family and Our Future. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Indra Nooyi Education. Click to reveal In 1986, she moved to Motorola as a senior executive in the automotive division development team. 2023 Forbes Media LLC. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. ", Former PepsiCo CEO and Power Women listee Indra Nooyi writes for Forbes on how paid leave fueled her path to power: "I wouldnt have been there without paid leave.". In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Nooyi played a pivotal part in getting these restaurants divested in 1997. All rights reserved. Cloudflare monitors for these errors and automatically investigates the cause. [91][92] Nooyi and her husband Raj donated 187,000 Scholastic books to Connecticut's alliance school districts as part of the Partnership for Connecticut during the COVID-19 crisis. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Indra Nooyi is an icon of success, resilience, and hard work. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Indra K. Nooyi, "Indra Krishnamurthy Nooyi Receives Honorary Doctorate From NYU", "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list", "Babson College Commencement 2004: Citations for Medalists", "PepsiCo president Indra Nooyi elected to Yale Corporation", "Amazon.com, Inc. - Officers and directors", "Temasek launches Americas Advisory Panel", "PepsiCo CEO Indra Nooyi Joins Trump's Business Council", "Ex-PepsiCo CEO Indra Nooyi joins Amazon's board", "Class of 1951 Distinguished Lecture Series and Chair for Leadership Study", "MIT School of Engineering | Dean's Advisory Council", "MIT Corporation elects 12 term members, three life members", "Indra Nooyi becomes Yale's biggest alumni donor", "A gift that keeps giving: Indra Nooyi is 'most generous graduate' of Yale school of management - India News , Firstpost", "Distribution of 200K books to Connecticut students could start next week", "PepsiCo's CEO shares the trick that has helped her stay married for 37 years", "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar", "Clinton, Nooyi, Sonia among "World's Powerful Moms" list", "7 CEOs with notably devout religious beliefs", "Indra Nooyi on making Pepsico "good for you and me", PepsiCo names Nooyi CEO as Reinemund retires, The Pepsi Challenge, profile Indra Nooyi (Fortune), Reference for Business: Indra Nooho Leadership Biography, Video of discussion with Indra Nooyi at the Asia Society, New York, 4/14/2009, Harvard Business Review: Becoming a Better Corporate Citizen, https://en.wikipedia.org/w/index.php?title=Indra_Nooyi&oldid=1142689078, American chief executives of food industry companies, Indian Institute of Management Calcutta alumni, Recipients of the Padma Bhushan in trade and industry, American chief executives of Fortune 500 companies, Articles with dead external links from January 2018, Articles with permanently dead external links, Articles with dead external links from August 2021, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles with unsourced statements from June 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 21:20. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. In 2020, company-operated U.S. facilities are using 100% renewable electricity. She is married to Raj Nooyi, a management consultant of Indian origin. She was consistently . [21] Prior to becoming CEO, Nooyi served as president and chief financial officer, beginning in 2001, she was also named to PepsiCo's board of directors. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. Under her guidance in 1997 divestiture Tricon, now known as Yum! Indra Nooyi, Former Chairman & CEO at PepsiCo, and Anne-Marie Slaughter, CEO of New America, join Maggie McGrath to discuss "Solving For The Care Crisis. Cloudflare monitors for these errors and automatically investigates the cause. This lovely couple has 2 daughters. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. As recent as 1995, there were no female CEOs on the Fortune 500 list. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. Level Up Your Small Business with Digital Marketing: Tips, Tricks, and Best Practices, Breaking the Smoking Habit: How to Quit Smoking for Good, List of Important National and International Holidays, Days and Dates in Year 2023 | 2023 Download Free PDF. Former PepsiCo CEO Indra Nooyi discusses the trade-offs working mothers face and why both men and women have a role to play in solving for Americas childcare crisis. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. According to an Equilar study, Nooyi held the position of CEO for a total of 12 years, which is seven years longer than the typical tenure of CEOs at large corporations. This is what a great leader does. 21, 2023 7:30 P.M. at Texas Hall. Indra Krishnamurthy Nooyi: Indra Nooyi, the former chair and CEO of PepsiCo, left the company in 2019 after serving for 24 years half of which she served in the top position. She also went to the Yale School of Management for her further education. In 1994, she joined PepsiCo. She was honored with the Padma Bhushan by the President of India in 2007. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. The attendees at this years Women in Retail Leadership Summit filled the ballroom to hear the keynote interview with none other than the queen of pop herself, PepsiCos Indra Nooyi. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. The World Justice Project works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. Brands. PepsiCo CEO until 1994 and CFO until 2001, respectively. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. [96] She is a devout Hindu who abstains from alcohol and is a vegetarian because of her adherence to the religion's teachings and traditions. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Forbes named her the #3 most powerful woman in 2008. [46], While CEO of PepsiCo in 2011, Nooyi earned $17 million, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value and deferred remuneration of $3 million. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. Blogzbite has more than 50 experienced and budding content creators and bloggers under its umbrella and they work with a same mission to provide credible, correct and concise knowledge to the visitors. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. How Jeff Bezos And Indra Nooyi Make Simple Their Superpower, The Celebrities On Forbes 2022 List Of Richest Self-Made Women, PepsiCos Indra Nooyi, The Queen Of Pop, Shares Her Tips For Bringing Compassionate Leadership To Work, To Become A Future Purpose-Driven Leader, Cultivate These Skills Now, 2021 Forbes Power Womens Summit: Power Pairing: Solving For The Care Crisis, Indra Nooyi: Why Paid Leave Is A Human Issue, Not A Political One, Forbes Announces 2021 Power Womens Summit, Recognizing Trailblazing Leaders Who Are Reshaping The World, Indra Nooyi: "We Need To Stop Talking About Childcare As A Female Issue" | Two Minute Takeaway | Forbes, Indra Nooyi Built This Foundational Skill To Become PepsiCo CEO, Indra Nooyi On Owning Her Authentic Self: "What You See Is What You Get" | Two Minute Takeaway | Forbes, Indra Nooyi To Big Business: "You Should Be Thanking Working Mothers For What We Do" | The Takeaway | Forbes, Dolly Parton, Indra Nooyi And The 13 Other Newcomers To Forbes 2021 List Of Americas Richest Self-Made Women, Indra Nooyis Passions: People, Performance & Purpose At PepsiCo And Beyond, Why PepsiCo's Indra Nooyi Will Be Hard To Replace, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information.
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