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. All rights reserved. Her fortune stems from stock she was granted while working at PepsiCo. Indra Nooyi Biography is very inspiring. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Nooyi has been constantly ranked among the world's most powerful women. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. Nooyi resides in Greenwich, Connecticut, with her two daughters. The experience made her determined to gain an advanced qualification, but this time, in the US. 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. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. 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. Image Credits: Dave Puente Photography. [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. 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. From April 2015 until April 2020, she was a director of Schlumberger Limited. 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. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. Forbes named her the #3 most powerful woman in 2008. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. They write new content and verify and edit content received from contributors. 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. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). 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 between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Nagar. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. Ms Nooyi is married and has two daughters. 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. In a middle-class but conservative family. 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. When it comes to leadership, the odds have always been stacked against women. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. She studied physics, chemistry and mathematics before graduating in 1974. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. [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. However, Nooyi continued to serve as the chairman of the company until early 2019. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. She had her second daughter Tara in 1992. At the time, Indra was working for top consultancy BCG in Chicago. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. Brands, Inc., which is today one of the world's largest fast food restaurant companies. Worked at British textile company Tootal in India . In 2008, Forbes ranked her third among the most powerful women. 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? 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. She has been a very hard-working and innovative person. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. [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. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Cloudflare monitors for these errors and automatically investigates the cause. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. Eventually she moved on to work with Johnson & Johnson as a product manager. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Education: Madras Christian College, B.S. [32] In 2014, she was ranked #13 by Forbes. Despite financial aid, Nooyi had to work her way through her masters to survive. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. Courses & Certifications; Research & Resources; Scholarships . A Conversation with Indra Nooyi. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Indra Nooyi is an exemplary embodiment of modern business leadership. Laurie Spens Photography. Nooyi joined the board of Amazon in 2019. Education. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. Ms Nooyi is the recipient of 15 honorary degrees. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. 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. She has attained this prestige as a strategist. What do PepsiCo, Motorola and Amazon have in common? Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. She was consistently . In 2020, company-operated U.S. facilities are using 100% renewable electricity. 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. My Life in Full: Work, Family, and Our Future. Nooyi was president and chief financial officer before becoming CEO. She possessed a rebellious streak as a young girl, and was known to be wild. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. 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. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. She is also an advisor to several early-stage companies. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. She also went to the Yale School of Management for her further education. Indra Nooyi is an icon of success, resilience, and hard work. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. [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. On this Wikipedia the language links are at the top of the page across from the article title. This is what a great leader does. [3][4][5], She has consistently ranked among the world's 100 most powerful women. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. She was honored with the Padma Bhushan by the President of India in 2007. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. 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. because we know knowledge is power and we want to be your medium of power. Mrs. Nooyi is married and has two daughters. [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. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. Forbes rated her 13th in 2014. Indra was born in Madras, India. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. Both of these ventures proved to be highly profitable to the company. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Click to reveal Our aim is to provide you all the latest informational articles related to different niches, 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. Indra Nooyi Books . There is an issue between Cloudflare's cache and your origin web server. Awards and Milestones. Forbes ranked her 13th in 2014. Performance with a Purpose, Nooyis strategic reorientation of PepsiCo, has been largely successful, resulting in long-term growth and a positive impact on society and the environment. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. 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. 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. Please include the Ray ID (which is at the bottom of this error page). Former PepsiCo CEO Indra Nooyi discusses the trade-offs working mothers face and why both men and women have a role to play in solving for Americas childcare crisis. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Performance & security by Cloudflare. She completed her studies in India. Indra Nooyi Education . The companys sales increased by 80% during her tenure. Daughters- Tara Nooyi, Preetha Nooyi: Mrs. . Read an excerpt here. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. They married soon after her graduation and their daughter Preetha was born in 1984. Eve Biography of Sundar Pichai. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. 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. In her childhood, she was a rebellious young girl and was known to be "wild". Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. There is an unknown connection issue between Cloudflare and the origin web server. [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. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. She grew up in a close family with two siblings, her parents, and her grandparents. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Indra Nooyi Interview . Born into a middle-class family in Chennai, she came a very long way. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . (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). [16] Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Corrections? Indra Nooyi has always been highly innovative . As recent as 1995, there were no female CEOs on the Fortune 500 list. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. 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. 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. [83][87], Nooyi also serves as the Class of 1951 Chair for the Study of Leadership at West Point,[88] a Dean's Advisory Council member at MIT's School of Engineering,[89] and a member of the MIT Corporation. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. 0, Last Updated on December 13, 2022 by admin. Nooyi played a pivotal part in getting these restaurants divested in 1997. 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. Indra Nooyi entrepreneur . Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. In 1994, she was offered two jobs that stood out from the rest. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. 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. Your IP: In 2001, she was named president and chief financial officer. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. Indra Nooyi is the former Chairman and Chief Executive Officer of PepsiCo (2006-2019); a Fortune 50 company with operations in more than 180 countries. 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. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. [41] During her tenure, the company's sales grew 80%. She has been a member of the All-Girls Cricket Team. Brands. 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 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. in 2001, she became one of the Board of Directors of PepsiCo. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. 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. [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. 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 was educated at Holy Angels Anglo Indian Higher Secondary School. Nooyi stopped using aspartame in Diet Pepsi in 2015. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. Laurie Spens Photography. In 2017, Forbes ranked her the second most powerful woman in business. Then, in 1986, she moved on to Motorola as a senior executive. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. 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. 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! It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. In 2008, Forbes ranked her as the third-most powerful woman. 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. 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. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. From a skin care guru to big tech executives, meet the newest additions to Forbes latest list of the countrys most successful women entrepreneurs, executives and entertainers. Indra Nooyi. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. Nooyi also oversaw the acquisition of Tropicana Products and a merger with Quaker Oats Company both moves were part of a mission to branch out into more healthful drinks and foods. Cloudflare monitors for these errors and automatically investigates the cause. She also held the positions of senior vice president for strategic planning at PepsiCo from 1994 to 1996 and senior vice president for corporate strategy and development from 1996 to 2000. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. 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. Her first job was with Tootal, a British textile company which had extensive holdings in India. Please include the Ray ID (which is at the bottom of this error page). [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Updates? President and Chief Financial Officer of Pepsico. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. Citations for Medalists. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. PepsiCo CEO until 1994 and CFO until 2001, respectively. 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. ; Indian Institute of Management, M.B.A.; Yale University, M.S. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. from IIM Calcutta in 1977 M.A. Brands, one of the largest fast food companies in the world. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. Nooyi serves as an Honorary Co-chair for the World Justice Project. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College.
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