The win, however, wasnt enough. Associate Editor, Encyclopdia Britannica. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. Her mother Shantha Krishnamurthy was a house maker. She studied physics, chemistry and mathematics before graduating in 1974. [35], Nooyi's strategic redirection of PepsiCo, called Performance with a Purpose,[36] has been largely successful and involved creating long-term growth while leaving a positive impact on society and the environment. This is what a great leader does. A CEOs most lasting contribution is oftentimes the intangible. Mrs. Nooyi is married and has two daughters. They married soon after her graduation and their daughter Preetha was born in 1984. In 1990 she again changed her job and went, to Asea Brown Boveri (ABB) on the designation of senior vice president and director of the corporate strategy and strategic marketing. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Qualification: B.S. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Indra Nooyi Biography is very inspiring. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. in 2001, she became one of the Board of Directors of PepsiCo. A Conversation with Indra Nooyi. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. PepsiCo was able to gain an advantage over its rivals by purchasing Tropicana; When compared to Coca-Colas Minute Maid, which held less than half of Tropicanas market share, Tropicana had 44% of the chilled orange juice market at the time, making it the fastest-growing segment of the juice market. Performance & security by Cloudflare. Indra was born in Madras, India. [16], In 1978, Nooyi was admitted to Yale School of Management and moved to the United States, where she earned a master's degree in public and private management in 1980. 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. Image Credits: Dave Puente Photography. All three multinationals have been graced by the presence of Indra Nooyi, one of the worlds most powerful woman who validated the saying, the future is female when she took on leadership positions at these multinationals. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. Her father was a bank official. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Your IP: In 2001, she was named president and chief financial officer. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. She was consistently . Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. [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. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Brands, Inc., which is today one of the world's largest fast food restaurant companies. In addition, Nooyi was in charge of the Tropicana acquisition in 1998 and the merger with the Quaker Oats Company that led to Gatorade in 2001. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. [83][87], Nooyi also serves as the Class of 1951 Chair for the Study of Leadership at West Point,[88] a Dean's Advisory Council member at MIT's School of Engineering,[89] and a member of the MIT Corporation. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. Forbes rated her 13th in 2014. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Her fortune stems from stock she was granted while working at PepsiCo. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCo's pledge to do what's right for the business by being responsive to the needs of the world around it. 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. Indra Nooyi Education . She also went to the Yale School of Management for her further education. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. Indra Nooyi become CEO of PepsiCo when she was 50 years old, her diversified experience in different departments of different companies made her wise and far-sighted, and also increased her enthusiasm, and even after 12 years of service she maintained or even increased the quality and level of her enthusiasm this is a quality of a true leader. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. Indra Nooyi also serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst, and the Lincoln Center for the Performing Arts. In 2008, Forbes ranked her third among the most powerful women. In that same year, she was named an Outstanding American by choice by the US State Department. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. When it comes to leadership, the odds have always been stacked against women. Till now she has been reflected to be a great asset for many prestigious companies and by the time, she started getting golden offers for head positions in many largest companies in the world. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. Both of these ventures proved to be highly profitable to the company. Nooyi was accepted to Yale School of Management in 1978, and she moved to the United States in 1980 to complete her masters degree program in public and private management. 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. [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. 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. It would make her an absolutely unmarriageable commodity after that.. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. The couple has two daughters. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. 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. Nooyi has been constantly ranked among the world's most powerful women. On this Wikipedia the language links are at the top of the page across from the article title. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. As recent as 1995, there were no female CEOs on the Fortune 500 list. But she hasnt given up on corporate life just yet in 2019, it was reported that Nooyi would join Amazon on its board of directors. Under her guidance in 1997 divestiture Tricon, now known as Yum! In 2006, Indra Nooyi became the CEO of PepsiCo. from IIM Calcutta in 1977 M.A. After joining PepsiCo, Nooyi has made her prominent and significant contributions which lead the companys global strategy and focused on extensive expansion and restructuring process, all the restaurants were divestiture. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. Updates? Work Life Balance India . She played guitar in a band and was also a member of an all-girls' cricket teamactivities girls in her social strata rarely participated in. She was born on 28 October 1955 in Chennai, India. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. She grew up in a close family with two siblings, her parents, and her grandparents. [60] After five years on top, PepsiCo's Indian American chairman and CEO Indra Nooyi has been pushed to the second spot as most powerful woman in US business by Kraft's CEO, Irene Rosenfeld.[61]. [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. On April 5, 2007, she was awarded the Padma Bhushan award by the President of India Dr.APJ Abul Kalam Azad at the Rashtrapati Bhavan. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. She possessed a rebellious streak as a young girl, and was known to be wild. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. We at Blogzbite manage to write the blogs and content on a big range of topics like language, technology, health, sports, biographies, psychology, career and education, motivation, stories and many more. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. Nooyi has an estimated net worth of $290 million. Nooyi joined the board of Amazon in 2019. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Nooyi was a member of the girl's cricket team. Her determination and dedication to her job have shown that anything is possible with the right mindset. During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCos total shareholder return was 162% beating the S&P over the same period. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. She would play guitar in a band and be often referred to as rebellion or wild. Nooyi discusses her trajectory to become the first woman of color and immigrant to run a Fortune 50 company, the difficulties that came with managing a demanding job with a growing family, and what she learned along the way. 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. President and Chief Financial Officer of Pepsico. Read an excerpt here. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. Click to reveal 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. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Famous People in USA While in India, she worked as a product manager with a couple of reputable firms After completing her education at Yale, she joined the Boston Consulting Group in 1980 as a corporate strategist. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Her inspiring story has set an example for people of all ages and backgrounds. Indra Nooyi, the former Chairman and CEO of PepsiCo, candidly discusses the painful trade-offs working mothers face and how corporate America can help solve for the countrys care crisis. [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. What do PepsiCo, Motorola and Amazon have in common? [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Her success caught the attention of recruiters . She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. PepsiCo's former chair and CEO Indra Nooyi retired in 2019 after 24 years with the company, half of which she spent in the top job. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Before joining PepsiCo in 1994, Ms Nooyi spent four years as Senior Vice President of Strategy, Planning and Strategic Marketing for Asea Brown Boveri, a Zurich-based company. She is married to Raj Nooyi, a management consultant of Indian origin. Indra Nooyi, (born October 28, 1955, Madras [now Chennai], India), Indian-born American businesswoman who was instrumental in the lucrative restructuring and diversification of soft-drink manufacturer PepsiCo, Inc.s brands. Write in eighth-grade language to reach the broadest audience. Thereafter she became the CEO of it in 2006. Indra Nooyi, (born October 28, 1955, Madras [now Chennai], India), Indian-born American businesswoman who was instrumental in the lucrative restructuring and diversification of soft-drink manufacturer PepsiCo, Inc. 's brands. 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. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. She grew up in a close family with two siblings, her parents, and her grandparents. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. Image Credits: Dave Puente Photography. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. She was an excellent and bright student, through which she got admission to one of India's prestigious institute named the Indian Institute of Management in Calcutta, she completed her Post Graduation in Management (MBA), in 1976. She has been a very hard-working and innovative person. In 2001 she was named president and chief financial officer of the company. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. 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. From April 2015 until April 2020, she was a director of Schlumberger Limited. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. In 2007, and 2008, Nooyi was selected for the Wall Street Journal's list of 50 women to watch, as well as Time's list of the 100 Most Influential People in the World. (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Radhakishan Damani (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Ajaypal Banga (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Indra Nooyi (His childhood, education, career, personal life, achievements, what can one learn from his life). Then, in 1986, she moved on to Motorola as a senior executive. Indra's memoir, a New York Times bestseller, offers insight and a call-to-action from one of the world's most-admired business leaders on how our society can blend work and family and advance women in the 21st century. She was educated at Holy Angels Anglo Indian Higher Secondary School. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. Please include the Ray ID (which is at the bottom of this error page). She celebrates her birthday on 28 October. Our aim is to provide you all the latest informational articles related to different niches, because we know knowledge is power and we want to be your medium of power. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Indra Nooyi Autobiography . Ms Nooyi is the recipient of 15 honorary degrees. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Indra Nooyi Education Background In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. In 2019, her portrait was inducted into the Smithsonian National Portrait Gallery, and in 2021 she was inducted into the National Womens Hall of Fame. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. Nooyi served as the companys CEO (200618) and chairman of the board (200719). The couple has two daughters. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. The company was able to accelerate its share buyback strategy thanks to the financial benefits of this spinoff, giving it more leverage to pursue acquisitions in the future without as much shareholder opposition. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. Then, in 1986, she moved on to Motorola as a senior executive. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. Through this incident, she realised that she wasn't completely prepared for the business world and decided to pursue further education at yale school of management in the U.S. in 1978. Indra with her husband Raj and daughters, Preetha and Tara. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. from Madras Christian College, an M.B.A. from the Indian Institute of Management in Calcutta, and a Master of Public and Private Management from Yale University. On August 6, 2018, Nooyi retired as CEO of PepsiCo and During her tenure, she made her contribution to the company's sales which grew about 80% higher. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. The fifth chairman and CEO in PepsiCos 42-year history, Nooyi was the first woman to lead the soft-drink and snack-food giant and one of only 11 female chief executives of Fortune 500 companies. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. 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! For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. Aruna Sairam, a carnatic musician from South India, is Indras aunt. Indra Nooyi is an Indian-American business executive and previous CEO and president of PepsiCo, who also sits on the boards of the International Cricket Council and Amazon. . I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. Women in the World 116K subscribers At the 2019 Women in the World Summit, Indra Nooyi, former chairman and CEO of PepsiCo, says that she demanded her children be allowed to spend time with her.

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