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? The current net worth of Indra Nooyi is $80 million. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. 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. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Her inspiring story has set an example for people of all ages and backgrounds. Indra Nooyi Books . As a result, the web page can not be displayed. She was born on 28 October 1955 in Chennai, India. Then she proceeded to the Yale School of Management to further her education and worked with Boston Consulting Group (BCG), Motorola and Asea Brown Boveri. ", "Follow Indra Nooyi's example: Be a leader people want to follow", "PepsiCo CEO Indra Nooyi's long-term strategy put her job in jeopardy but now the numbers are in, and the analysts who doubted her will have to eat their words", "Indra Nooyi on making Pepsico 'good for you', "Indra Nooyi's Passions: People, Performance & Purpose At PepsiCo And Beyond", "PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New", "PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO", "PepsiCo CEO Indra Nooyi is stepping down", "Connecticut Governor Names Indian American Executive Indra Nooyi to CERC Board of Directors to Improve Economic Strategy", "A Wall Street exec volunteers, and Lamont readily accepts", "NE governors promise to cautiously ease COVID-19 restrictions", PepsiCo CEO Nooyi gets $17 mn in compensation, "PEPSICO INC Executive Salaries & Other Compensation", "PepsiCo's Indra K. Nooyi Elected Chairman of U.S.-India Business Council", "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal", "Academy Announces 2008 Class of Fellows", "America's Best Leaders: Indra Nooyi, PepsiCo CEO", India-born Indra Nooyi named CEO of the year, Brendan Wood International Announces 24 TopGun CEOs in the US, "Indra Nooyi second most powerful woman in US business", "Lin-Manuel Miranda, Jeff Bezos, Anna Wintour, and More in the National Portrait Gallery's Newest Additions", "League of Women Voters salutes Greenwich resident Nooyi", "Michelle Obama, Mia Hamm chosen for Women's Hall of Fame", "Wings Publication announces winners of India's most prestigious book award", "Indra Nooyi '80 Presented with Honorary Doctorate at Yale Commencement", Commencement Recipients Indra Krishnamurthy Nooyi, Freelon to Speak at NC State Commencement, Olympics, Weirdstones, Pepsi and New York feature in Warwick's Honorary Degrees, Miami University Miami Awards 3,967 Degrees at 2011 Commencement, "PepsiCo leader Nooyi to receive honorary degree from Penn State" | Penn State University, "Duke to award degrees to more than 4,400 graduates on Sunday, May 10" |, commencement 2009. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. Everything goes old after a day, life keeps on going and getting upgraded. 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. Indra with her husband Raj and daughters, Preetha and Tara. 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/. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. In 2020, company-operated U.S. facilities are using 100% renewable electricity. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. 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. She was honored with the Padma Bhushan by the President of India in 2007. Her father was a bank official, and her mother was a house wife. ", "PepsiCo's CEO Indra Nooyi was right. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. 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. Her first job was with Tootal, a British textile company which had extensive holdings in India. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. 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). Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. In 2001 she was named president and chief financial officer of the company. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. The win, however, wasnt enough. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. She possessed a rebellious streak as a young girl, and was known to be wild. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. 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 is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. However, Nooyi continued to serve as the chairman of the company until early 2019. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. [citation needed] The Quaker Oats Company's ownership of Gatorade was a positive strategic move for PepsiCo, since Gatorade was responsible for 80% of sports drink sales at the time. and in 2021 was inducted into the National Women's Hall of Fame. 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! In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. Despite financial aid, Nooyi had to work her way through her masters to survive. 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. My Life in Full is a New York Times bestseller and available in multiple languages. Now what? Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. Indra Nooyi Education. Please include the Ray ID (which is at the bottom of this error page). In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. Please refer to the appropriate style manual or other sources if you have any questions. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. [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. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. [44], In April 2020, it was announced that Nooyi along with Yale epidemiologist Dr. Albert Ko will represent Connecticut on the six-state working group planning for the careful easing of COVID-19 restrictions. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. 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. How To Create Folders Quickly Based On Cell Values In Excel? 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. ", 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.". ; Indian Institute of Management, M.B.A.; Yale University, M.S. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. Her younger daughter, Tara, graduated from Yale University. She was educated at Holy Angels Anglo Indian Higher Secondary School. Under her guidance in 1997 divestiture Tricon, now known as Yum! Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. In a middle-class but conservative family. Updates? 0, Last Updated on December 13, 2022 by admin. 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. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. 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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. Brands, Inc., which is today one of the world's largest fast food restaurant companies. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. [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. in 2001, she became one of the Board of Directors of PepsiCo. 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. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Education, Family , Ethnicity & Boyfriend :-School Name: . Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. Courses & Certifications; Research & Resources; Scholarships . She enjoyed being a learner and graduated in 1980. 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. 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. [8][9] She also serves on the boards of Amazon and the International Cricket Council. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . [3][4][5], She has consistently ranked among the world's 100 most powerful women. One offer came from General Electric, the other from PepsiCo. 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. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. She studied physics, chemistry and mathematics before graduating in 1974. Worked at British textile company Tootal in India . 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. Get Tickets. 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. Between 2019-2022, Ms Nooyi served as the Class of 1951 Chair for the Study of Leadership at West Point where she worked with the Department of Behavioral Sciences and Leadership to fulfill the mission of character at the U.S. Military Academy at West Point. Awards and Milestones. Mrs. Nooyi is married and has two daughters. 2023 Forbes Media LLC. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. There is an unknown connection issue between Cloudflare and the origin web server. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. 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. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. She has attained this prestige as a strategist. Indra Nooyi has always been highly innovative . Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. This is what a great leader does. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. She also served as PepsiCo's senior vice president for corporate strategy and development from 1996 until 2000, and as PepsiCo's senior vice president for strategic planning from 1994 until 1996. [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. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. She had her second daughter Tara in 1992. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. Indra receiving her masters degree from the Indian Institute of Management Calcutta. 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. Laurie Spens Photography. 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 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. Indra's memoir, a New York Times bestseller, offers insight and a call-to-action from one of the world's most-admired business leaders on how our society can blend work and family and advance women in the 21st century. 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. 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. Image Credits: Dave Puente Photography. 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. from IIM Calcutta in 1977 M.A. She grew up in a close family with two siblings, her parents, and her grandparents. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. 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 experience at Johnson & Johnson made her realize that she was still unprepared for the business world, and thus she decided to pursue further education. Her fortune stems from stock she was granted while working at PepsiCo. There is an issue between Cloudflare's cache and your origin web server. 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. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Indra is married to Raj Nooyi, Raj is a management consultant. [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. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. She celebrates her birthday on 28 October. [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. Then, in 1986, she moved on to Motorola as a senior executive. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. Education. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. What changes did you see between when she attended and when you were a student? Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. [21] Prior to becoming CEO, Nooyi served as president and chief financial officer, beginning in 2001, she was also named to PepsiCo's board of directors. Brands. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. At the time, Indra was working for top consultancy BCG in Chicago. Ms Nooyi is the recipient of 15 honorary degrees. 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. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. [citation needed] Acquiring Tropicana allowed PepsiCo to gain a competitive edge; Tropicana at the time captured 44% of the chilled orange juice segment, the fastest growing segment of the juice market, an especially positive metric when compared to Coca-Cola's Minute Maid which captured less than half of Tropicana's market share. Her initiative was backed up with ample funding. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. Indra Nooyi is an exemplary embodiment of modern business leadership. Nooyi was a member of the girl's cricket team. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. In 1986, she then started working as a senior executive in the automotive division development team in Motorola, and soon in 1988, because of her diligence, she was promoted to the designation of vice president and director of corporate strategy and planning. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. December 8, 2022 A CEOs most lasting contribution is oftentimes the intangible.
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