Indra Nooyi - Wikipedia 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. Her father was a bank official. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. As part of Performance with Purpose, PepsiCo was focused on delivering sustained growth by expanding its portfolio to include more nutritious products, limiting its environmental footprint, and empowering its associates and people in the communities it serves. My Life in Full: Work, Family, and Our Future. 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. ", "PepsiCo's CEO Indra Nooyi was right. 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. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. 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. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. 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. Nooyi resides in Greenwich, Connecticut, with her two daughters. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. [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. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. [16] 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. Awards and Milestones. 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. [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. 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 moved to the United States to join Yale School of Management in 1978 and pursued a master's degree in Public and Private Management. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. How I made $290 million while raising two children - The Telegraph Her inspiring story has set an example for people of all ages and backgrounds. Nooyi was president and chief financial officer before becoming CEO. Click to reveal Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo Indra Nooyi | National Women's History Museum December 8, 2022 [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. 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. She is also a member of the Board of Trustees of Eisenhower Fellowships, and has served as Chairperson of the U.S.-India Business Council. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. Indra Nooyi is an icon of success, resilience, and hard work. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. Ms Nooyi is married and has two daughters. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. [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. Under her guidance in 1997 divestiture Tricon, now known as Yum! Her determination and dedication to her job have shown that anything is possible with the right mindset. 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. In 1986, she moved to Motorola as a senior executive in the automotive division development team. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Nagar. 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. 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. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. In that same year, she was named an Outstanding American by choice by the US State Department. This will save you time, money, and strength. Cloudflare monitors for these errors and automatically investigates the cause. 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. [17] In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant,[18] and then worked at Motorola as vice president and Director of Corporate Strategy and Planning,[18] followed by a stint at Asea Brown Boveri. We at Blogzbite manage to write the blogs and content on a big range of topics like language, technology, health, sports, biographies, psychology, career and education, motivation, stories and many more. Indra Nooyi's daughters are both highly educated. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. Our aim is to provide you all the latest informational articles related to different niches, because we know knowledge is power and we want to be your medium of power. They married soon after her graduation and their daughter Preetha was born in 1984. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. Indra Nooyi Education. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. She loved to play cricket. My life in full Indra nooyi Indra Nooyi is a business executive born in India, at present, she is the Chairperson and CEO of PepsiCo, which is the largest food and beverage company in the world. There is an unknown connection issue between Cloudflare and the origin web server. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. 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. As a result, the web page can not be displayed. Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements Qualification: B.S. She was born on 28 October 1955 in Chennai, India. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. [23] Nooyi also took the lead in the acquisition of Tropicana in 1998,[24] and the merger with Quaker Oats Company, which also brought Gatorade in 2001. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. [43] She will help draft the state's new economic development strategy. [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). My Life in Full: Work, Family and Our Future. Blogzbite has more than 50 experienced and budding content creators and bloggers under its umbrella and they work with a same mission to provide credible, correct and concise knowledge to the visitors. Please include the Ray ID (which is at the bottom of this error page). [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. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. She was honored with the Padma Bhushan by the President of India in 2007. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Indra is married to Raj Nooyi, Raj is a management consultant. Image Credits: Dave Puente Photography. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. [3][4][5], She has consistently ranked among the world's 100 most powerful women. 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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. Indra Nooyi - Biography & Career Accomplishments - Thomasnet Indra Nooyi: A peek into her life, education and thriving career - U2B [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. 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. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. [19], Nooyi joined PepsiCo in 1994, and was named CEO in 2006,[20] replacing Steven Reinemund, becoming the fifth CEO in PepsiCo's 44-year history. Both of these ventures proved to be highly profitable to the company. She is also an advisor to several early-stage companies. However, Nooyi continued to serve as the chairman of the company until early 2019. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. Indra with her husband Raj and daughters, Preetha and Tara. The Success Story of Indra Nooyi | The Global Hues Indra Nooyi also serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst, and the Lincoln Center for the Performing Arts. Indra Nooyi Net Worth . Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. In 2001, she was named president and chief financial officer. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. 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 fortune stems from stock she was granted while working at PepsiCo. [32] In 2014, she was ranked #13 by Forbes. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. [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. PepsiCo CEO until 1994 and CFO until 2001, respectively. [41] During her tenure, the company's sales grew 80%. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. 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. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. 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. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. In this position, she worked on a variety of strategy projects for the next six years. Get Tickets. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. She is married to Raj Nooyi, a management consultant of Indian origin. 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. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. Indra Nooyi is an exemplary embodiment of modern business leadership. The company was able to accelerate its share buyback strategy thanks to the financial benefits of this spinoff, giving it more leverage to pursue acquisitions in the future without as much shareholder opposition. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. 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. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. The Inspirational Indra Nooyi and Her Success Story! [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. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. 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. 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. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. Nooyi has an estimated net worth of $290 million. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Meet Indra Indra Nooyi Omissions? Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Indra K. Nooyi, "Indra Krishnamurthy Nooyi Receives Honorary Doctorate From NYU", "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list", "Babson College Commencement 2004: Citations for Medalists", "PepsiCo president Indra Nooyi elected to Yale Corporation", "Amazon.com, Inc. - Officers and directors", "Temasek launches Americas Advisory Panel", "PepsiCo CEO Indra Nooyi Joins Trump's Business Council", "Ex-PepsiCo CEO Indra Nooyi joins Amazon's board", "Class of 1951 Distinguished Lecture Series and Chair for Leadership Study", "MIT School of Engineering | Dean's Advisory Council", "MIT Corporation elects 12 term members, three life members", "Indra Nooyi becomes Yale's biggest alumni donor", "A gift that keeps giving: Indra Nooyi is 'most generous graduate' of Yale school of management - India News , Firstpost", "Distribution of 200K books to Connecticut students could start next week", "PepsiCo's CEO shares the trick that has helped her stay married for 37 years", "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar", "Clinton, Nooyi, Sonia among "World's Powerful Moms" list", "7 CEOs with notably devout religious beliefs", "Indra Nooyi on making Pepsico "good for you and me", PepsiCo names Nooyi CEO as Reinemund retires, The Pepsi Challenge, profile Indra Nooyi (Fortune), Reference for Business: Indra Nooho Leadership Biography, Video of discussion with Indra Nooyi at the Asia Society, New York, 4/14/2009, Harvard Business Review: Becoming a Better Corporate Citizen, https://en.wikipedia.org/w/index.php?title=Indra_Nooyi&oldid=1142689078, American chief executives of food industry companies, Indian Institute of Management Calcutta alumni, Recipients of the Padma Bhushan in trade and industry, American chief executives of Fortune 500 companies, Articles with dead external links from January 2018, Articles with permanently dead external links, Articles with dead external links from August 2021, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles with unsourced statements from June 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 21:20. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Her initiative was backed up with ample funding. [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 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. 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. Nooyi stopped using aspartame in Diet Pepsi in 2015. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. from IIM Calcutta in 1977 M.A. Mrs. Nooyi is married and has two daughters. The couple has two daughters. Education: Madras Christian College, B.S. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Indra Nooyi Interview . Brands. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Proud Mother And CEO: Indra Nooyi And Her Daughters In 2008, Forbes ranked her as the third-most powerful woman. 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. Worked at British textile company Tootal in India . Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). She holds a B.S. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Updates? Additional troubleshooting resources. Education, Family , Ethnicity & Boyfriend :-School Name: . I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. She celebrates her birthday on 28 October. 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! Indra Nooyi | Biography & Facts | Britannica [8][9] She also serves on the boards of Amazon and the International Cricket Council. What experiences do you share in common? Now what? She was consistently . Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. Copyright BlogzBite 2021. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. 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. 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. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009.
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