[56][57][58][59], Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. She possessed a rebellious streak as a young girl, and was known to be wild. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. 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. Under her guidance in 1997 divestiture Tricon, now known as Yum! In her childhood, she was a rebellious young girl and was known to be "wild". She recategorized the PepsiCo products into three groups: better for you (diet or low-fat versions of snacks and sodas) and good for you (items like oatmeal) are examples of fun for you. Plenty of money backed up her initiative. Eventually she moved on to work with Johnson & Johnson as a product manager. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. 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. Brands. Indra Nooyi is an Indian-born American business executive currently serving as the Chairperson and Chief Executive Officer of PepsiCo, one of the largest food and beverage businesses in the world. In 1980, Nooyi started working as a strategy consultant at the Boston Consulting Group (BCG) and then joined Motorola on the designation of Vice President and Director of Corporate Strategy and Planning, then she moved to join Johnson & Johnson on the designation of a product manager. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. Biography of Sundar Pichai. Read Indras notes on work, family, and our future in her newsletter: The Care Crisis is No Labor Sideshow: Its a Main Event, Child Care is Core to Economic Growth: We Must Commit, Let's Get On With Equal Pay: It Speaks To Character, International Women's Day: The Day That Cant Drift By, Indra Nooyi and Lisa Kassenaar discuss her book after she is awarded the 2022 International Distinguished Entrepreneur Award (IDEA) by the Associates of the Asper School of Business (May 2022), Indra poses with Professor Modupe Akinola after receiving the Columbia Botwinick Prize in Business Ethics (April 2022), Student Isha Saeed with Indra at Harvard Business School (April 2022), Boston Globe CEO Lindra Henry in conversation with Indra at MIT (April 2022), Journalist Seema Mody moderates a discussion with Indra and Reshma Saujani in collaboration with the Asian American Businesss Development Center (April 2022), Indra speaks on a panel at the USC Marshall School of Business (March 2022), Indra with the USC-IBEAR MBA students (March 2022), Emirates Litfest Director Ahlam Bolooki moderates a discussion about Work, Family, and the Future with Indra and HE Reem Al Hashimy at the Dubai Expo (February 2021), Richard Dean moderates a fireside chat with Indra at the Emirates Lit Fest in Dubai (February 2022), Indra joins senior women leaders of the United Nations for their annual retreat in New York (March 2022), A dinner with the team behind My Life in Full (December 2021), Backdrop from a book party held in Indra's honor by The Asian American Foundation and BCG (December 2021), Indra with President Clinton, Former Secretary Clinton, and Huma Abedin at a book party hosted by The Asian American Foundation and BCG (December 2021), Indra gives remarks at a book party held in her honor by The Asian American Foundation and BCG (December 2021), Indra speaks about her book at Yale (November 2021), Indra joins Morgan Stanley's Seema Hingorani for a fireside chat at their New York offices (October 2021), Indra speaks at the New York Metropolitan Club, and is introduced by her former Chief of Staff, Erica Matthews (October 2021), Indra is inducted into the Asian Hall of Fame (October 2021), Indra joins Professor Adam Grant for a fireside chat for the Authors@Wharton series at the University of Pennsylvania (October 2021), A newly-inducted member, Indra visits the American Philosophical Society (October 2021), Indra with John Studzinski, PIMCO Vice Chair and the host of a book party held in her honor in the U.K. (October 2021), Indra joins London Business School students for a photo (October 2021), Indra joins Unilever's former CHRO, Leena Nair for a fireside chat in the U.K. (October 2021), Journalist Joanne Lipman moderates a conversation with Indra to celebrate the launch of her book, My Life in Full, at the Greenwich Library (September 2021), Celebrating the launch of My Life in Full with a cake (October 2021), Shooting the book trailer for My Life in Full (September 2021), Indra gets a first look at her memoir, My Life in Full (September 2021), Indra signs bookplates for readers (August 2021), Indra and her friend and writer, Lisa Kassenaar pose at Penguin Random House offices on the launch day of My Life in Full (September 2021), Indra records the audiobook version of My Life in Full (August 2021), Indra during a photoshoot with Dave Puente (July 2021), Indra and team begin work on My Life in Full (December 2019), Indra meets with her high school mentees (July 2021), Indra and her friend and writer, Lisa Kassenaar with the early copies of My Life in Full (July 2021). She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. 0, Last Updated on December 13, 2022 by admin. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. Then, in 1986, she moved on to Motorola as a senior executive. in 1997. [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. 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. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. For some people age is just a number, many great leaders didn't stop even at the age of 40 and 50 and even more. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. In 2014, she was at number 13 and in 2015, she was on the 2nd number, In 2017, she was the 2nd most powerful woman in the list of top 19 Most Powerful Women in Business. ", 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.". [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. 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. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. Daughters- Tara Nooyi, Preetha Nooyi: Nooyi is a Successor Fellow of the Yale Corporation. Tuesday, Mar. The pathway to where she is today began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. Worked at British textile company Tootal in India . Nooyi serves as an Honorary Co-chair for the World Justice Project. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. However, Nooyis move was a step up to focus on championing workplace equality. Additional troubleshooting resources. [32] In 2014, she was ranked #13 by Forbes. [16] [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Indra Nooyi Interview . Her success caught the attention of recruiters across the US. She moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the "fun" offerings. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. (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). It would make her an absolutely unmarriageable commodity after that.. Cloudflare monitors for these errors and automatically investigates the cause. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. from IIM Calcutta in 1977 M.A. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. Corrections? Nooyi has been constantly ranked among the world's most powerful women. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. 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. On this Wikipedia the language links are at the top of the page across from the article title. She is married to Raj Nooyi, a management consultant of Indian origin. They married soon after her graduation and their daughter Preetha was born in 1984. There is an issue between Cloudflare's cache and your origin web server. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. 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. 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. Indra is married to Raj Nooyi, Raj is a management consultant. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. 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. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Write in eighth-grade language to reach the broadest audience. 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 . In 2020, company-operated U.S. facilities are using 100% renewable electricity. because we know knowledge is power and we want to be your medium of power. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. Fortune magazine named Indra Nooyi No.1 on its annual ranking of Most Powerful Women in business for five consecutive years from 2006 to 2010. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. Image Credits: Dave Puente Photography. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. In this position, she worked on a variety of strategy projects for the next six years. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. Nooyi was president and chief financial officer before becoming CEO. 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. Laurie Spens Photography. Nooyi came in second place on Fortunes 2015 list of the most influential women. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Our editors will review what youve submitted and determine whether to revise the article. Updates? Between 1986 and 1990, Mrs. Nooyi worked for Motorola, where she was Vice President and Director of Corporate Strategy and Planning, having joined the company as the business development executive responsible for its automotive and industrial electronics group. In 1978, she moved to the USA for higher studies. Indras memoir, a New York Times bestseller, offers insight and a call-to-action from one of the worlds most-admired business leaders on how our society can blend work and family and advance women in the 21st century. In 1994, she was offered two jobs that stood out from the rest. What experiences do you share in common? Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). Nooyi played a pivotal part in getting these restaurants divested in 1997. All Rights Reserved. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. Nooyi was a member of the girl's cricket team. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. In a middle-class but conservative family. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. [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. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. [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. [17] In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant,[18] and then worked at Motorola as vice president and Director of Corporate Strategy and Planning,[18] followed by a stint at Asea Brown Boveri. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. 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. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir, My Life in Full: Work, Family and Our Future. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. A CEOs most lasting contribution is oftentimes the intangible. How To Create Folders Quickly Based On Cell Values In Excel? There is an issue between Cloudflare's cache and your origin web server. 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. Indra was born in Madras, India. She was educated at Holy Angels Anglo Indian Higher Secondary School. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. Everything goes old after a day, life keeps on going and getting upgraded. She proved to be a great success at this job and by the mid-1990s, she was aggressively being courted by corporate headhunters and offered lucrative positions in some of the worlds largest companies. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. 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. She grew up in a close family with two siblings, her parents, and her grandparents. Your IP: When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. Associate Editor, Encyclopdia Britannica. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Her determination and dedication to her job have shown that anything is possible with the right mindset. Work Life Balance for Women . 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. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. from Yale School of Management in 1978 School: Holy Angels Anglo Indian Higher Secondary School, Madras (now Chennai), India College: The Madras Christian College (MCC), Tambaram, Chennai, Tamil Nadu, India Indian Institute of Management Calcutta, Joka, Kolkata, West Bengal . The following year it was announced that Nooyi would be stepping down as CEO in October and as chairman of the board in early 2019. She was honored with the Padma Bhushan by the President of India in 2007. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCos pledge to do whats 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. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. My Life in Full is a New York Times bestseller and available in multiple languages. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. Indra Nooyi Education . [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. 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. Education, Family , Ethnicity & Boyfriend :-School Name: . She has always denied supporting the so cold binding and conservative norms existing in society. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. In 2008, Forbes ranked her third among the most powerful women. Forbes ranked her 13th in 2014. Nooyi stated in an interview with a radio station that PepsiCo is getting ready to launch snacks based on the behavioral differences between mens and womens snacking habits. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. There is an unknown connection issue between Cloudflare and the origin web server. 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. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Cloudflare monitors for these errors and automatically investigates the cause. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. President and Chief Financial Officer of Pepsico. Although analysts expressed surprise at the timing of Nooyis appointment as chairman (her predecessor, Steven Reinemund, had served just five years before abruptly deciding to retire), many praised the skills that she would bring to the job. In 2011, Nooyi earned $17 million as CEO of PepsiCo, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value, and deferred remuneration of $3 million. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). Indra Nooyi Net Worth . Nooyi has said that it wants to create a line of snacks just for women because it thinks this is a market that hasnt been explored before. from Madras Christian College in 1974 P.G.D.M. Get Tickets. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. In her book 'My Life in Full', former PepsiCo CEO and Chair Indra Nooyi (above) makes a plea to men: Come to the table on gender equality.. And, no wonder. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. 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. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. [citation needed] The Quaker Oats Company's ownership of Gatorade was a positive strategic move for PepsiCo, since Gatorade was responsible for 80% of sports drink sales at the time. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. Her father was a bank official.

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