", 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.". . With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. From April 2015 until April 2020, she was a director of Schlumberger Limited. She also serves on the International Advisory Council of Temasek; is an independent director of the International Cricket Council; and a trustee at the National Gallery of Art. She possessed a rebellious streak as a young girl, and was known to be wild. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. [28][29], Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[30][31] and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. 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. Indra Nooyi | Biography & Facts | Britannica Meet Indra Indra Nooyi Indra Nooyi's daughters are both highly educated. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business Associate Editor, Encyclopdia Britannica. Poets&Quants - Executive Q&A: PepsiCo CEO Indra Nooyi Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. 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. Indra Nooyi Education . Forbes named her the #3 most powerful woman in 2008. Her job with Johnson & Johnson was quite a challenging one as she was made responsible for managing the introduction of Stayfree sanitary napkins to India. 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. 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. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Please include the Ray ID (which is at the bottom of this error page). 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). After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. 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. She also aggressively pursued international expansion. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. PepsiCo CEO until 1994 and CFO until 2001, respectively. Click to reveal She is also an advisor to several early-stage companies. However, Nooyis move was a step up to focus on championing workplace equality. Biography of Indra Nooyi (His childhood, education, career, personal [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. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Our editors will review what youve submitted and determine whether to revise the article. [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 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. Indra Nooyi - Career, Education, Net Worth & Pepsico 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. Courses & Certifications; Research & Resources; Scholarships . Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. 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. Indra Nooyi. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. Thereafter she became the CEO of it in 2006. While every effort has been made to follow citation style rules, there may be some discrepancies. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. 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. Ajay Banga Bio, Age, Family, Wife, Daughter, General Atlantic, Mastercard, Net Worth, Arvind Krishna Bio, Age, Family, Wife, Education, Salary, Book, Net Worth, Copyright 2023 | WordPress Theme by MH Themes, Meet Arvind Krishna: The Rising Star of the Corporate World. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Her mother Shantha Krishnamurthy was a house maker. 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. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). The Success Story of Indra Nooyi | The Global Hues [94] Nooyi has two daughters and resides in Greenwich, Connecticut. 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. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. In 1986, she moved to Motorola as a senior executive in the automotive division development team. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. 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. 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's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. Nooyi joined the board of Amazon in 2019. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Speakers Include Indra Nooyi, Sara Blakely, Dr. Jane Goodall, Rosalind Brewer, Naomi Campbell, Allyson Felix and Cynthia Nixon And More NEW YORK November 18, 2021 Forbes today announced its 2021 Forbes Power Womens Summit, taking place virtually on Thursday, December 9th. 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. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. She has always denied supporting the so cold binding and conservative norms existing in society. 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. In 1994, she was offered two jobs that stood out from the rest. 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. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. 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. [3][4][5], She has consistently ranked among the world's 100 most powerful women. [35], As part of Performance with a Purpose, Nooyi also focused on environmental concerns and sustainability, redesigning packaging to reduce waste, conserving water, switching to renewable energy sources and recycling. Nooyi earned a bachelors degree in chemistry from Madras Christian College in 1976 and a masters degree in business administration from the Indian Institute of Management in Calcutta two years later. Get Tickets. 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. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Nooyi, Indra | Encyclopedia.com Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. 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. She completed her studies in India. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Please include the Ray ID (which is at the bottom of this error page). (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). Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. [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. My life in full Indra nooyi She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Her mother was the driving force behind her good grades. She was consistently . In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. Her mother was the driving force behind her good grades. 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. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Indra was born in Madras, India. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. She had her second daughter Tara in 1992. Indra receiving her masters degree from the Indian Institute of Management Calcutta. Indra Nooyi | National Women's History Museum A natural born leader. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. Famous People in USA 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. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. The couple has two daughters. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. 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 . As recent as 1995, there were no female CEOs on the Fortune 500 list. How I made $290 million while raising two children - The Telegraph She chose to join PepsiCo in 1994 and quickly rose up the ranks to be named its CEO in 2006, Notable Alumni: Indian Institute Of Management, Calcutta, Madras Christian College, education: Yale University, University Of Madras, Indian Institute Of Management, Calcutta, Madras Christian College, awards: CNN-IBN Indian of the Year Global Indian, See the events in life of Indra Nooyi in Chronological Order, http://landing.ju.edu/globalcitizen/current.html, https://timesofindia.indiatimes.com/sports/cricket/news/icc-appoints-indra-nooyi-as-its-first-independent-female-director/articleshow/62848619.cms, https://www.beveragedaily.com/Article/2018/10/03/Indra-Nooyi-Five-lessons-I-ve-learned-as-PepsiCo-CEO, https://www.theceomagazine.com/business/management-leadership/spotlight-on-pepsico-ceo-indra-nooyi/, https://www.hindustantimes.com/world-news/ex-pepsico-ceo-indra-nooyi-says-it-ll-cause-third-world-war-if-she-join-politics/story-gsXPzIT88jSocNYPGYYGdP.html, http://www.new-corner.com/the-pepsi-challenge-indra-nooyi-ceo-pepsico/, http://desiceo.com/shinning-star-indra-nooyi/. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. [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. 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 holds a B.S. The current net worth of Indra Nooyi is $80 million. 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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. 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. Education, Family , Ethnicity & Boyfriend :-School Name: . Mrs. Nooyi is married and has two daughters. According to an Equilar study, Nooyi held the position of CEO for a total of 12 years, which is seven years longer than the typical tenure of CEOs at large corporations. Her father was a bank official. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. 2023 Forbes Media LLC. The companys sales increased by 80% during her tenure. Indra Nooyi - Biography & Career Accomplishments - Thomasnet In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. In that same year, she was named an Outstanding American by choice by the US State Department. 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. because we know knowledge is power and we want to be your medium of power. [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. 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. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. She has attained this prestige as a strategist. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. 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! 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. This is what a great leader does. 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. In this position, she worked on a variety of strategy projects for the next six years. Brands, Inc., which is today one of the world's largest fast food restaurant companies. in 1997. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. 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. At the time, Indra was working for top consultancy BCG in Chicago. Forbes ranked her 13th in 2014. Tuesday, Mar. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. 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. In 1994, she joined PepsiCo. Cloudflare monitors for these errors and automatically investigates the cause. Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. Her experience at Johnson & Johnson made her realize that she was still unprepared for the business world, and thus she decided to pursue further education. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. [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 Nooyi - Best-Selling Author & Former CEO and Chairman of PepsiCo Her inspiring story has set an example for people of all ages and backgrounds. They married soon after her graduation and their daughter Preetha was born in 1984. Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements She changed her job yet again in 1990, this time accepting the post of senior vice president and director of corporate strategy and strategic marketing at Asea Brown Boveri (ABB). Nooyi has an estimated net worth of $290 million. What experiences do you share in common? She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. She would play guitar in a band and be often referred to as rebellion or wild.
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