On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. 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? She was honored with the Padma Bhushan by the President of India in 2007. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. from Madras Christian College in 1974 P.G.D.M. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. 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/. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. 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. Her first job was with Tootal, a British textile company which had extensive holdings in India. 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 educated at Holy Angels Anglo Indian Higher Secondary School. 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. This will save you time, money, and strength. As recent as 1995, there were no female CEOs on the Fortune 500 list. 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. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. Indra Nooyi. The win, however, wasnt enough. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. Indra Nooyi entrepreneur . She has attained this prestige as a strategist. Daughters- Tara Nooyi, Preetha Nooyi: With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. One offer came from General Electric, the other from PepsiCo. 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. How To Create Folders Quickly Based On Cell Values In Excel? Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. 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. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. In 2008, Forbes ranked her as the third-most powerful woman. 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. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. [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. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. 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. She was born on 28 October 1955 in Chennai, India. 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 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. In that same year, she was named an Outstanding American by choice by the US State Department. 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. A natural born leader. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. [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. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. She was part of the top management team responsible for the companys U.S. business as well as its worldwide industrial businesses, representing about $10 billion of ABBs $30 billion in global sales. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Indra Nooyi Education. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. 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. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. 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. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. Worked at British textile company Tootal in India . Through her tenacious organizational skills and imaginative innovation, she was able to adeptly manage the complexities of her role, adding immense value to overall operations. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. 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. They married soon after her graduation and their daughter Preetha was born in 1984. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. 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. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. She was consistently . Her success caught the attention of recruiters across the US. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. 0, Last Updated on December 13, 2022 by admin. 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. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. 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. 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. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. A Conversation with Indra Nooyi. While every effort has been made to follow citation style rules, there may be some discrepancies. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. Education, Family , Ethnicity & Boyfriend :-School Name: . 103.74.118.106 Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. The World Justice Project works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity. Her father was a bank official, and her mother was a house wife. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Then, in 1986, she moved on to Motorola as a senior executive. Known to be a highly innovative, energetic, and hard working person, Nooyi has risen to become one of the top most female executives in the world from a modest beginning. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. At the time, Indra was working for top consultancy BCG in Chicago. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. There is an unknown connection issue between Cloudflare and the origin web server. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. My Life in Full is a New York Times bestseller and available in multiple languages. Her inspiring story has set an example for people of all ages and backgrounds. Her determination and dedication to her job have shown that anything is possible with the right mindset. 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 . Her father was Krishnamurthy and would work in the State Bank of Hyderabad. . [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. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. Additional troubleshooting resources. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. 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). Aruna Sairam, a carnatic musician from South India, is Indras aunt. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. All Rights Reserved. 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. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. Our editors will review what youve submitted and determine whether to revise the article. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. The chairman and chief executive officer of PepsiCo explains how tomorrow's leaders must develop a personal understanding of the markets and cultures in China, India, and other emerging markets. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. WATCH Oct 13, 2021 Indra. 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. Indra Nooyi Biography is very inspiring. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. 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. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. Ms Nooyi is the recipient of 15 honorary degrees. In 2006, Indra Nooyi became the CEO of PepsiCo. She studied physics, chemistry and mathematics before graduating in 1974. Ms Nooyi is married and has two daughters. This is what a great leader does. [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. [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. In 2008, Forbes ranked her third among the most powerful women. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. Forbes rated her 13th in 2014. My life in full Indra nooyi Corrections? In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. Level Up Your Small Business with Digital Marketing: Tips, Tricks, and Best Practices, Breaking the Smoking Habit: How to Quit Smoking for Good, List of Important National and International Holidays, Days and Dates in Year 2023 | 2023 Download Free PDF. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. [91][92] Nooyi and her husband Raj donated 187,000 Scholastic books to Connecticut's alliance school districts as part of the Partnership for Connecticut during the COVID-19 crisis. The companys sales increased by 80% during her tenure. Nooyi was a member of the girl's cricket team. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. Courses & Certifications; Research & Resources; Scholarships . 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. 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. Biography of Sundar Pichai. Her mother Shantha Krishnamurthy was a house maker. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. Her younger daughter, Tara, graduated from Yale University. She would play guitar in a band and be often referred to as rebellion or wild. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. Everything goes old after a day, life keeps on going and getting upgraded. Indra with her husband Raj and daughters, Preetha and Tara. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. [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. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. from IIM Calcutta in 1977 M.A. [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. 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. 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. 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. 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. My Life in Full: Work, Family, and Our Future. 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. ", 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.". Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. It would make her an absolutely unmarriageable commodity after that.. She has been a very hard-working and innovative person. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. In 1986, she moved to Motorola as a senior executive in the automotive division development team. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. 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. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. Image Credits: Dave Puente Photography. 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. 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. ", "PepsiCo's CEO Indra Nooyi was right. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. because we know knowledge is power and we want to be your medium of power. Indra Nooyi has always been highly innovative . 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. 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 1994, she was offered two jobs that stood out from the rest. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. [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. 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.