[81] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[82] and the Lincoln Center for the Performing Arts. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. 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. Brands. (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). Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. [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. Write in eighth-grade language to reach the broadest audience. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. [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. In 1978, she moved to the USA for higher studies. When it comes to leadership, the odds have always been stacked against women. Omissions? My childhood home was defined by particularly progressive thinking when it came to educating women. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. She grew up in a close family with two siblings, her parents, and her grandparents. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. from IIM Calcutta in 1977 M.A. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. The couple has two daughters. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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 . In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Indra Nooyis business career has been driven by a passion to do whats right (purpose), the drive to exceed expectations (performance) and the desire to help others succeed (people). 2023 Forbes Media LLC. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. Eventually she moved on to work with Johnson & Johnson as a product manager. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. She has been a very hard-working and innovative person. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. She moved to the United States to join Yale School of Management in 1978 and pursued a master's degree in Public and Private Management. Please include the Ray ID (which is at the bottom of this error page). [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. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. While every effort has been made to follow citation style rules, there may be some discrepancies. [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. Indra receiving her masters degree from the Indian Institute of Management Calcutta. My life in full 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. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. [42], In 2019, Nooyi became the co-director of the newly created Connecticut Economic Resource Center, a public-private partnership with the Connecticut Department of Economic and Community Development. 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. 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. Nooyi joined the board of Amazon in 2019. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. President and Chief Financial Officer of Pepsico. Her success caught the attention of recruiters across the US. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. 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. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. Her mother Shantha Krishnamurthy was a house maker. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. She was constantly working for PepsiCo for a couple of years under the guidance of Roger Enrico who was the new CEO and started working on the strategies for the companys diversification, extensive expansion, and constant growth. Everything goes old after a day, life keeps on going and getting upgraded. She was honored with the Padma Bhushan by the President of India in 2007. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Indra Nooyi Biography is very inspiring. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. 103.74.118.106 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. 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! Mrs. Nooyi is married and has two daughters. 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. Eve Despite financial aid, Nooyi had to work her way through her masters to survive. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. A brilliant student, she earned a seat in one of Indias premier institutions, Indian Institute of Management Calcutta, from where she completed a Post Graduate Diploma in Management (MBA), in 1976. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. Indra Nooyi Education . Nooyi came in second place on Fortunes 2015 list of the most influential women. In 2020, company-operated U.S. facilities are using 100% renewable electricity. 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. She did it anyway, with ample support from her parents. 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. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. In 1994, she joined 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. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. She studied physics, chemistry and mathematics before graduating in 1974. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. 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. Laurie Spens Photography. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. Tuesday, Mar. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. 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. Stay Realistic:- Running behind things that aren't even real is just a waste of time and resources, being a leader or an employee you should set and decide what's realistic and even possible to attain. Brands. What do PepsiCo, Motorola and Amazon have in common? She has always denied supporting the so cold binding and conservative norms existing in society. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. At the time, Indra was working for top consultancy BCG in Chicago. The companys sales increased by 80% during her tenure. 0, Last Updated on December 13, 2022 by admin. Forbes named her the #3 most powerful woman in 2008. Nooyi directed the company's global strategy for more than a decade and led PepsiCo's restructuring, including the 1997 divestiture of Tricon, now known as Yum! She possessed a rebellious streak as a young girl, and was known to be wild. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Indra is married to Raj Nooyi, Raj is a management consultant. Performance & security by Cloudflare. 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. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. She also used to play guitar in a band. The current net worth of Indra Nooyi is $80 million. Initially, she faced the problem and struggled with her job at Johnson & Johnson as she was assigned the work of introducing Stayfree sanitary napkins in India. Her father was a bank official. She is also a member of the Board of Trustees of Eisenhower Fellowships, and has served as Chairperson of the U.S.-India Business Council. In 2006, Indra Nooyi became the CEO of PepsiCo. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Education: Madras Christian College, B.S. Nooyi serves as an Honorary Co-chair for the World Justice Project. 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. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. I was a middle child . She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. 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 2007 and 2008, she was one of Times 100 Most Influential People in the World. [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. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. A CEOs most lasting contribution is oftentimes the intangible. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. 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. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. 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. Daughters- Tara Nooyi, Preetha Nooyi: Your IP: 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. 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. Image Credits: Dave Puente Photography. A Conversation with Indra Nooyi. [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. Education. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. She is also an advisor to several early-stage companies. In that same year, she was named an Outstanding American by choice by the US State Department. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. PepsiCo CEO until 1994 and CFO until 2001, respectively. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. 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. Citations for Medalists. 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. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. However, Nooyi continued to serve as the chairman of the company until early 2019. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. [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 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. From April 2015 until April 2020, she was a director of Schlumberger Limited. 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. 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. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. 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? 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. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Cloudflare monitors for these errors and automatically investigates the cause. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. [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. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. in 1997. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. [32] In 2014, she was ranked #13 by Forbes. Both of these ventures proved to be highly profitable to the company. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. 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 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. As an employee of PepsiCo, Nooyi is credited to have directed the companys global strategy, leading to its extensive expansion and restructuring including the divestiture of its restaurants. However, Nooyis move was a step up to focus on championing workplace equality. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. because we know knowledge is power and we want to be your medium of power. Her father was a bank official, and her mother was a house wife. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. 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. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. 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. ; Indian Institute of Management, M.B.A.; Yale University, M.S. She loved to play cricket. in 2001, she became one of the Board of Directors of PepsiCo. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Brands, one of the largest fast food companies in the world. She used to play guitar in an all-girl rock band. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. ", 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.". Under her guidance in 1997 divestiture Tricon, now known as Yum! She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. Nooyi has been constantly ranked among the world's most powerful women. . She is on the Deans Advisory Council at MITs School of Engineering and serves on the boards of the Memorial Sloan Kettering Cancer Center and the Partnership for Public Service. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. 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. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Indra Nooyi Autobiography . In a middle-class but conservative family. As a result, the web page can not be displayed. [41] During her tenure, the company's sales grew 80%. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. It was a fascinating experience because you couldnt advertise personal protection in India, she recalled in an interview with Sarah Murray of the Financial Times. In 2023, women now make up 8.8% of CEOs on the list. 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. 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. Thereafter she became the CEO of it in 2006. [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. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team.

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