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). Indra with her husband Raj and daughters, Preetha and Tara. She is married to Raj Nooyi, a management consultant of Indian origin. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. 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. 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 purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Her success caught the attention of recruiters across the US. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. The experience made her determined to gain an advanced qualification, but this time, in the US. After moving to the United States, she received an additional masters degree in public and private management from the Yale School of Management in 1980. 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. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. 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. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. Indra Nooyi entrepreneur . For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. Indra Nooyi Net Worth . When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. She studied physics, chemistry and mathematics before graduating in 1974. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. She was honored with the Padma Bhushan by the President of India in 2007. 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. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. She played guitar in a band and was also a member of an all-girls' cricket teamactivities girls in her social strata rarely participated in. Nooyi stopped using aspartame in Diet Pepsi in 2015. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. 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. 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. On April 5, 2007, she was awarded the Padma Bhushan award by the President of India Dr.APJ Abul Kalam Azad at the Rashtrapati Bhavan. December 8, 2022 With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . Ms Nooyi is the recipient of 15 honorary degrees. Now what? Cloudflare Ray ID: 7a2b1030c8fe1085 Updates? She had her second daughter Tara in 1992. Both of these ventures proved to be highly profitable to the company. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. 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. A natural born leader. 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. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. 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. 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. 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 America's childcare crisis. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. Nooyi came in second place on Fortunes 2015 list of the most influential women. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. Indra was born in Madras, India. 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. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. 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. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. [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. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. In 2006, Indra Nooyi became the CEO of PepsiCo. Ms Nooyi is married and has two daughters. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. Indra Nooyi has always been highly innovative . Biography of Sundar Pichai. 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. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. [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). Although analysts expressed surprise at the timing of Nooyis appointment as chairman (her predecessor, Steven Reinemund, had served just five years before abruptly deciding to retire), many praised the skills that she would bring to the job. [41] During her tenure, the company's sales grew 80%. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. Nooyi has an estimated net worth of $290 million. Aruna Sairam, a carnatic musician from South India, is Indras aunt. 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. Then, in 1986, she moved on to Motorola as a senior executive. My Life in Full: Work, Family and Our Future. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. [54][55], Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. 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. Indra is married to Raj Nooyi, Raj is a management consultant. Indra Nooyi's daughters are both highly educated. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. Work Life Balance India . Indra Nooyi is an icon of success, resilience, and hard work. 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. Additional troubleshooting resources. She was educated at Holy Angels Anglo Indian Higher Secondary School. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. 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. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. Education. 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. 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. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Click to reveal 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. [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 . She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. My life in full Indra nooyi A CEOs most lasting contribution is oftentimes the intangible. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. 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. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. Indra Nooyi Interview . Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. Corrections? In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Nooyi is a Successor Fellow of the Yale Corporation. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). 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. 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. Worked at British textile company Tootal in India . The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. She is also an advisor to several early-stage companies. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. In 2017, Forbes ranked her the second most powerful woman in business. In a middle-class but conservative family. Laurie Spens Photography. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. [6] In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women[7] and was ranked the second most powerful woman on the Fortune list in 2015 and 2017. 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. The companys sales increased by 80% during her tenure. Her mother was the driving force behind her good grades. 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. Soon after, she shifted her focus to business and decided to pursue an MBA at the Indian Institute of Management in Calcutta which at the time, was just one of two schools in the country that offered the now career-transforming programme. Courses & Certifications; Research & Resources; Scholarships . 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. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. 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. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. in 1997. She did it anyway, with ample support from her parents. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. 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. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Image Credits: Dave Puente Photography. Education: Madras Christian College, B.S. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Her mother was the driving force behind her good grades. Between 1986 and 1990, Mrs. Nooyi worked for Motorola, where she was Vice President and Director of Corporate Strategy and Planning, having joined the company as the business development executive responsible for its automotive and industrial electronics group. 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. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. She grew up in a close family with two siblings, her parents, and her grandparents. Nooyi joined the board of Amazon in 2019. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Her success caught the attention of recruiters . [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. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Associate Editor, Encyclopdia Britannica. [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]. They write new content and verify and edit content received from contributors. In addition, she oversaw the acquisition (1998) of Tropicana Products and a merger in 2001 with the Quaker Oats Co. as part of the companys strategy of diversifying into more healthful drinks and foods. 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. 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). 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. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. PepsiCo CEO until 1994 and CFO until 2001, respectively. She has always denied supporting the so cold binding and conservative norms existing in society. In 1994, she joined PepsiCo. She has been a very hard-working and innovative person. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Nooyi was president and chief financial officer before becoming CEO. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. [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. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. Our editors will review what youve submitted and determine whether to revise the article. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. and in 2021 was inducted into the National Women's Hall of Fame. In 1980, Nooyi started working as a strategy consultant at the Boston Consulting Group (BCG) and then joined Motorola on the designation of Vice President and Director of Corporate Strategy and Planning, then she moved to join Johnson & Johnson on the designation of a product manager. The win, however, wasnt enough. On this Wikipedia the language links are at the top of the page across from the article title. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. In addition, Nooyi was in charge of the Tropicana acquisition in 1998 and the merger with the Quaker Oats Company that led to Gatorade in 2001. 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. This lovely couple has 2 daughters. Copyright BlogzBite 2021. Brands. 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.

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