President and Chief Financial Officer of Pepsico. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. She was consistently . 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 . A Conversation with Indra Nooyi. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. In 2006, Indra Nooyi became the CEO of PepsiCo. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. 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. Nooyi is 67 years old as of 2022. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. She has always denied supporting the so cold binding and conservative norms existing in society. [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. 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. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. She also aggressively pursued international expansion. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. This lovely couple has 2 daughters. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Eventually she moved on to work with Johnson & Johnson as a product manager. Biography of Sundar Pichai. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. 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. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. 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. 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. ; Indian Institute of Management, M.B.A.; Yale University, M.S. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . There is an unknown connection issue between Cloudflare and the origin web server. [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). Everything goes old after a day, life keeps on going and getting upgraded. [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. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. A CEOs most lasting contribution is oftentimes the intangible. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Indra Nooyi has always been highly innovative . Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. 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. 0, Last Updated on December 13, 2022 by admin. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. She used to play guitar in an all-girl rock band. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir, My Life in Full: Work, Family and Our Future. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! A brilliant student, she earned a seat in one of Indias premier institutions, Indian Institute of Management Calcutta, from where she completed a Post Graduate Diploma in Management (MBA), in 1976. She was born on 28 October 1955 in Chennai, India. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Citations for Medalists. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. 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. from Madras Christian College in 1974 P.G.D.M. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCos pledge to do whats right for the business by being responsive to the needs of the world around it. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. She would play guitar in a band and be often referred to as rebellion or wild. In 2017, Forbes ranked her, the second most powerful woman in business. 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. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. When it comes to leadership, the odds have always been stacked against women. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. At the time, Indra was working for top consultancy BCG in Chicago. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. The win, however, wasnt enough. Women in the World 116K subscribers At the 2019 Women in the World Summit, Indra Nooyi, former chairman and CEO of PepsiCo, says that she demanded her children be allowed to spend time with her. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. She has been a member of the All-Girls Cricket Team. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Indra Nooyi Education Background In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Get Tickets. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. 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. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. She did it anyway, with ample support from her parents. Let us know if you have suggestions to improve this article (requires login). Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. Laurie Spens Photography. However, Nooyis move was a step up to focus on championing workplace equality. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Her father was a bank official. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. One offer came from General Electric, the other from PepsiCo. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. [28][29], Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[30][31] and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. Nooyi came in second place on Fortunes 2015 list of the most influential women. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Indra Nooyi Net Worth . 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. Welcome to the BlogzBite.com Informational Article Web Page. She celebrates her birthday on 28 October. How To Create Folders Quickly Based On Cell Values In Excel? Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. 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. in 1997. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. 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. Tuesday, Mar. Eve 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. Her father was a bank official. In 2014, she was at number 13 and in 2015, she was on the 2nd number, In 2017, she was the 2nd most powerful woman in the list of top 19 Most Powerful Women in Business. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. 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. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. The current net worth of Indra Nooyi is $80 million. The experience made her determined to gain an advanced qualification, but this time, in the US. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. Her younger daughter, Tara, graduated from Yale University. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. [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. Her mother was the driving force behind her good grades. December 8, 2022 List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Forbes named her the #3 most powerful woman in 2008. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. The fifth chairman and CEO in PepsiCos 42-year history, Nooyi was the first woman to lead the soft-drink and snack-food giant and one of only 11 female chief executives of Fortune 500 companies. All Rights Reserved. However, Nooyi continued to serve as the chairman of the company until early 2019. The couple has two daughters. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. Indra Nooyi. 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. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. 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. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. [3][4][5], She has consistently ranked among the world's 100 most powerful women. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. In 2007, and 2008, Nooyi was selected for the Wall Street Journal's list of 50 women to watch, as well as Time's list of the 100 Most Influential People in the World. ", "PepsiCo's CEO Indra Nooyi was right. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. Cloudflare Ray ID: 7a2b1030c8fe1085 I was a middle child . 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.

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