Nooyi played a pivotal part in getting these restaurants divested in 1997. Indra Nooyi entrepreneur . She has been a member of the All-Girls Cricket Team. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. 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. How To Create Folders Quickly Based On Cell Values In Excel? Performance & security by Cloudflare. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. Her father was a bank official, and her mother was a house wife.
Indra Nooyi | National Women's History Museum 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. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. Nooyi received bachelor's degrees in physics, chemistry and mathematics from Madras Christian College of the University of Madras in 1975, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Associate Editor, Encyclopdia Britannica. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. [40], On August 6, 2018, Nooyi stepped down as CEO, and Ramon Laguarta, a 22-year veteran of PepsiCo, replaced her on October 3, as well as becoming a member of the board of directors. Write in eighth-grade language to reach the broadest audience. She was born on 28 October 1955 in Chennai, India. She grew up in a close family with two siblings, her parents, and her grandparents. She also went to the Yale School of Management for her further education. Additional troubleshooting resources. All rights reserved.
Poets&Quants - Executive Q&A: PepsiCo CEO Indra Nooyi WATCH Oct 13, 2021 Indra. A CEOs most lasting contribution is oftentimes the intangible. She also aggressively pursued international expansion. She was educated at Holy Angels Anglo Indian Higher Secondary School. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. [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. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Her father was a bank official, and her mother was a house wife. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. Nooyi always focused on learning whether it comes from a positive or negative experience, she would learn and move on, even on other days she always tried to keep herself updated through learning that a hallmark of a great leader. She was honored with the Padma Bhushan by the President of India in 2007. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. Over the next couple of years, she worked closely with the new CEO, Roger Enrico, and worked on shaping the companys future expansion and growth strategies. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative.
Breaking The Glass Ceiling: 8 Inspirational Women In Leadership Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. [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. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. However, Nooyis move was a step up to focus on championing workplace equality. Known to be a highly innovative, energetic, and hard working person, Nooyi has risen to become one of the top most female executives in the world from a modest beginning. In 2023, women now make up 8.8% of CEOs on the list. Tuesday, Mar. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. Your IP: There, she joined an all-girls cricket team and played the guitar in an all-girls rock band both of which were uncommon for young girls in her country at the time. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Over the course of more than a decade, Nooyi was in charge of the companys global strategy and oversaw PepsiCos restructuring, which included the sale of Tricon to Yum! This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. Forbes rated her 13th in 2014. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. She has attained this prestige as a strategist. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. In 1994, she joined PepsiCo. Nooyi was president and chief financial officer before becoming CEO. [32] In 2014, she was ranked #13 by Forbes. 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. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. In 2017, Forbes ranked her, the second most powerful woman in business. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. I was a middle child . She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. 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.
The Success Story of Indra Nooyi | The Global Hues [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 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. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. Thereafter she became the CEO of it in 2006. Aruna Sairam, a carnatic musician from South India, is Indras aunt. 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. The experience made her determined to gain an advanced qualification, but this time, in the US. She also used to play guitar in a band. 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. [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. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. 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. Omissions? [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].
Indra Nooyi Age, Biography, Husband & More StarsUnfolded A Conversation with Indra Nooyi. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. [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. Laurie Spens Photography. Her younger daughter, Tara, graduated from Yale University. In 1994, she was offered two jobs that stood out from the rest. Indra Nooyi Autobiography . She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. Indra Nooyi Net Worth . The couple has two daughters. Her initiative was backed up with ample funding. She had her second daughter Tara in 1992. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. Her mother was the driving force behind her good grades. Indra Nooyi. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Then, in 1986, she moved on to Motorola as a senior executive. [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.
Meet Indra Indra Nooyi In 2006, Indra Nooyi became the CEO of PepsiCo. What changes did you see between when she attended and when you were a student? Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Eventually she moved on to work with Johnson & Johnson as a product manager. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). [23] Nooyi also took the lead in the acquisition of Tropicana in 1998,[24] and the merger with Quaker Oats Company, which also brought Gatorade in 2001. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. In 1978, she moved to the USA for higher studies. My childhood home was defined by particularly progressive thinking when it came to educating women. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. 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. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. 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. 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. 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. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Indra Nooyi Interview .
Indra Nooyi - Making A Mark In The Business World 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. 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. While every effort has been made to follow citation style rules, there may be some discrepancies.
Indra Nooyi - Wikipedia In 2018, many feared this inspirational powerhouse was stepping aside when she announced her 12-year reign as PepsiCos CEO and chairman was coming to a close. . [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. 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.
For Indra Nooyi, the First Lesson in Executive Ability Happened - Vogue [15], Nooyi received bachelor's degrees in physics, chemistry and mathematics from Madras Christian College of the University of Madras in 1975, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976. Nooyi resides in Greenwich, Connecticut, with her two daughters. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. 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.
From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. [37] She reclassified PepsiCo's products into three categories: "fun for you" (such as potato chips and regular soda), "better for you" (diet or low-fat versions of snacks and sodas), and "good for you" (items such as oatmeal). Indra is married to Raj Nooyi, Raj is a management consultant. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Get Tickets. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Brands. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. The couple has two daughters. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. She grew up in a close family with two siblings, her parents, and her grandparents. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. 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. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. She would play guitar in a band and be often referred to as rebellion or wild.
Indra Nooyi | National Women's History Museum 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. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. 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.
Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. In 2008, Forbes ranked her as the third-most powerful woman. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women.
Indra Nooyi's daughters are both highly educated. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women.
Nooyi, Indra | Encyclopedia.com Her determination and dedication to her job have shown that anything is possible with the right mindset. Nooyi has an estimated net worth of $290 million. In 2017, Forbes ranked her the second most powerful woman in business. Indra Nooyi Biography is very inspiring. PepsiCo CEO until 1994 and CFO until 2001, respectively. Forbes ranked her 13th in 2014. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. ", "PepsiCo's CEO Indra Nooyi was right. 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. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Image Credits: Dave Puente Photography. 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. [41] During her tenure, the company's sales grew 80%. Her father was a bank official. Nooyi stopped using aspartame in Diet Pepsi in 2015. from IIM Calcutta in 1977 M.A. 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 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. In 1986, she then started working as a senior executive in the automotive division development team in Motorola, and soon in 1988, because of her diligence, she was promoted to the designation of vice president and director of corporate strategy and planning. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. Ms Nooyi is the recipient of 15 honorary degrees.
Author Talks: Indra Nooyi on leadership, life, and crafting a better Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. At the time, Indra was working for top consultancy BCG in Chicago. Cloudflare monitors for these errors and automatically investigates the cause. 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. Indra receiving her masters degree from the Indian Institute of Management Calcutta. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. She did it anyway, with ample support from her parents.
Indra Nooyi - Career, Education, Net Worth & Pepsico A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. Laurie Spens Photography. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Nooyi resigned as CEO on August 6, 2018, and Ramon Laguarta, a 22-year PepsiCo veteran, took her place on October 3 and joined the board of directors. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. 21, 2023 7:30 P.M. at Texas Hall. She possessed a rebellious streak as a young girl, and was known to be wild. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. Her fortune stems from stock she was granted while working at PepsiCo. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. On this Wikipedia the language links are at the top of the page across from the article title. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. Please include the Ray ID (which is at the bottom of this error page). 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. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. She celebrates her birthday on 28 October. There is an issue between Cloudflare's cache and your origin web server. Between 2019-2022, Ms Nooyi served as the Class of 1951 Chair for the Study of Leadership at West Point where she worked with the Department of Behavioral Sciences and Leadership to fulfill the mission of character at the U.S. Military Academy at West Point.
Indra Nooyi Bio, Age, Wife, Education, Salary, Net, PepsiCo She loved to play cricket.