She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. Indra Nooyi - Biography & Career Accomplishments - Thomasnet 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. Indra Nooyi is an exemplary embodiment of modern business leadership. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. Indra receiving her masters degree from the Indian Institute of Management Calcutta. 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. Thereafter she became the CEO of it in 2006. During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCos total shareholder return was 162% beating the S&P over the same period. 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. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. 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: Work, Family and Our Future. [15], Nooyi received bachelor's degrees in physics, chemistry and mathematics from Madras Christian College of the University of Madras in 1975, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976. 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. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. 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. 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. Read an excerpt here. My life in full Indra nooyi Performance with a Purpose, Nooyis strategic reorientation of PepsiCo, has been largely successful, resulting in long-term growth and a positive impact on society and the environment. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. 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. Indra Nooyi - Making A Mark In The Business World She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. [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. 0, Last Updated on December 13, 2022 by admin. How Jeff Bezos And Indra Nooyi Make Simple Their Superpower, The Celebrities On Forbes 2022 List Of Richest Self-Made Women, PepsiCos Indra Nooyi, The Queen Of Pop, Shares Her Tips For Bringing Compassionate Leadership To Work, To Become A Future Purpose-Driven Leader, Cultivate These Skills Now, 2021 Forbes Power Womens Summit: Power Pairing: Solving For The Care Crisis, Indra Nooyi: Why Paid Leave Is A Human Issue, Not A Political One, Forbes Announces 2021 Power Womens Summit, Recognizing Trailblazing Leaders Who Are Reshaping The World, Indra Nooyi: "We Need To Stop Talking About Childcare As A Female Issue" | Two Minute Takeaway | Forbes, Indra Nooyi Built This Foundational Skill To Become PepsiCo CEO, Indra Nooyi On Owning Her Authentic Self: "What You See Is What You Get" | Two Minute Takeaway | Forbes, Indra Nooyi To Big Business: "You Should Be Thanking Working Mothers For What We Do" | The Takeaway | Forbes, Dolly Parton, Indra Nooyi And The 13 Other Newcomers To Forbes 2021 List Of Americas Richest Self-Made Women, Indra Nooyis Passions: People, Performance & Purpose At PepsiCo And Beyond, Why PepsiCo's Indra Nooyi Will Be Hard To Replace, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Cloudflare Ray ID: 7a2b1030c8fe1085 [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. Ms Nooyi is married and has two daughters. In 2001, she was named president and chief financial officer. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. Nooyi is a Successor Fellow of the Yale Corporation. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. Her younger daughter, Tara, graduated from Yale University. Indra K. Nooyi on Performance with Purpose - bcg.com The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. 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. December 8, 2022 All three multinationals have been graced by the presence of Indra Nooyi, one of the worlds most powerful woman who validated the saying, the future is female when she took on leadership positions at these multinationals. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. Fortune magazine named Indra Nooyi No.1 on its annual ranking of Most Powerful Women in business for five consecutive years from 2006 to 2010. 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. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. [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. Indra was born in Madras, India. Citations for Medalists. She loved to play cricket. Indra Nooyi - Person Profile - Cointime 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. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. My childhood home was defined by particularly progressive thinking when it came to educating women. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Indra Nooyi | Biography & Facts | Britannica Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business Despite financial aid, Nooyi had to work her way through her masters to survive. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Nooyi played a pivotal part in getting these restaurants divested in 1997. Work Life Balance for Women . Daughters- Tara Nooyi, Preetha Nooyi: PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. Mrs. Nooyi is married and has two daughters. She has always denied supporting the so cold binding and conservative norms existing in society. Nooyi was accepted to Yale School of Management in 1978, and she moved to the United States in 1980 to complete her masters degree program in public and private management. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Let us know if you have suggestions to improve this article (requires login). Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. In 2020, company-operated U.S. facilities are using 100% renewable electricity. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. Indra Nooyi Education . [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. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). Nooyi has been constantly ranked among the world's most powerful women. [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. Indra Nooyi is an icon of success, resilience, and hard work. Not utilising 50% of population is loss to country: Indra Nooyi Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Cloudflare monitors for these errors and automatically investigates the cause. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. 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 moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the "fun" offerings. Indra Nooyi Education. [96] She is a devout Hindu who abstains from alcohol and is a vegetarian because of her adherence to the religion's teachings and traditions. All rights reserved. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. because we know knowledge is power and we want to be your medium of power. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Read Indras notes on work, family, and our future in her newsletter: The Care Crisis is No Labor Sideshow: Its a Main Event, Child Care is Core to Economic Growth: We Must Commit, Let's Get On With Equal Pay: It Speaks To Character, International Women's Day: The Day That Cant Drift By, Indra Nooyi and Lisa Kassenaar discuss her book after she is awarded the 2022 International Distinguished Entrepreneur Award (IDEA) by the Associates of the Asper School of Business (May 2022), Indra poses with Professor Modupe Akinola after receiving the Columbia Botwinick Prize in Business Ethics (April 2022), Student Isha Saeed with Indra at Harvard Business School (April 2022), Boston Globe CEO Lindra Henry in conversation with Indra at MIT (April 2022), Journalist Seema Mody moderates a discussion with Indra and Reshma Saujani in collaboration with the Asian American Businesss Development Center (April 2022), Indra speaks on a panel at the USC Marshall School of Business (March 2022), Indra with the USC-IBEAR MBA students (March 2022), Emirates Litfest Director Ahlam Bolooki moderates a discussion about Work, Family, and the Future with Indra and HE Reem Al Hashimy at the Dubai Expo (February 2021), Richard Dean moderates a fireside chat with Indra at the Emirates Lit Fest in Dubai (February 2022), Indra joins senior women leaders of the United Nations for their annual retreat in New York (March 2022), A dinner with the team behind My Life in Full (December 2021), Backdrop from a book party held in Indra's honor by The Asian American Foundation and BCG (December 2021), Indra with President Clinton, Former Secretary Clinton, and Huma Abedin at a book party hosted by The Asian American Foundation and BCG (December 2021), Indra gives remarks at a book party held in her honor by The Asian American Foundation and BCG (December 2021), Indra speaks about her book at Yale (November 2021), Indra joins Morgan Stanley's Seema Hingorani for a fireside chat at their New York offices (October 2021), Indra speaks at the New York Metropolitan Club, and is introduced by her former Chief of Staff, Erica Matthews (October 2021), Indra is inducted into the Asian Hall of Fame (October 2021), Indra joins Professor Adam Grant for a fireside chat for the Authors@Wharton series at the University of Pennsylvania (October 2021), A newly-inducted member, Indra visits the American Philosophical Society (October 2021), Indra with John Studzinski, PIMCO Vice Chair and the host of a book party held in her honor in the U.K. (October 2021), Indra joins London Business School students for a photo (October 2021), Indra joins Unilever's former CHRO, Leena Nair for a fireside chat in the U.K. (October 2021), Journalist Joanne Lipman moderates a conversation with Indra to celebrate the launch of her book, My Life in Full, at the Greenwich Library (September 2021), Celebrating the launch of My Life in Full with a cake (October 2021), Shooting the book trailer for My Life in Full (September 2021), Indra gets a first look at her memoir, My Life in Full (September 2021), Indra signs bookplates for readers (August 2021), Indra and her friend and writer, Lisa Kassenaar pose at Penguin Random House offices on the launch day of My Life in Full (September 2021), Indra records the audiobook version of My Life in Full (August 2021), Indra during a photoshoot with Dave Puente (July 2021), Indra and team begin work on My Life in Full (December 2019), Indra meets with her high school mentees (July 2021), Indra and her friend and writer, Lisa Kassenaar with the early copies of My Life in Full (July 2021). It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Click to reveal Omissions? 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 with her husband Raj and daughters, Preetha and Tara. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. Cloudflare monitors for these errors and automatically investigates the cause. [41] During her tenure, the company's sales grew 80%. Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. She enjoyed being a learner and graduated in 1980. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Indra Nooyi - Best-Selling Author & Former CEO and Chairman of PepsiCo [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. WATCH Oct 13, 2021 Indra. They write new content and verify and edit content received from contributors. Nooyi resides in Greenwich, Connecticut, with her two daughters. In 1994, she was offered two jobs that stood out from the rest. Indra Nooyi entrepreneur . 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. 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. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. Author Talks: Indra Nooyi on leadership, life, and crafting a better . 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. The couple has two daughters. Awards and Milestones. Eventually she moved on to work with Johnson & Johnson as a product manager. How I made $290 million while raising two children - The Telegraph Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. However, Nooyis move was a step up to focus on championing workplace equality. 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. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . She was honored with the Padma Bhushan by the President of India in 2007. Performance & security by Cloudflare. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. Copyright BlogzBite 2021. 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 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. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements In 2017, Forbes ranked her the second most powerful woman in business. 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. and in 2021 was inducted into the National Women's Hall of Fame. President and Chief Financial Officer of Pepsico. Indra Nooyi: Biography, Family, Education - Javatpoint 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. Nooyi received bachelor's degrees in physics, chemistry and mathematics from Madras Christian College of the University of Madras in 1975, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976. When asked why women fail to reach the top echelons of management, Indra Nooyi said that the only way up was to prove your mettle..Indra Nooyi . As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. She was consistently . [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. 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. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. 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. 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. In her book 'My Life in Full', former PepsiCo CEO and Chair Indra Nooyi (above) makes a plea to men: Come to the table on gender equality.. And, no wonder. Indra Nooyi: "I demanded that at 5 o'clock my kids were - YouTube She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. 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. Additional troubleshooting resources. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. Please include the Ray ID (which is at the bottom of this error page). Qualification: B.S. Nooyi stopped using aspartame in Diet Pepsi in 2015. [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. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. She studied physics, chemistry and mathematics before graduating in 1974. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. In 2023, women now make up 8.8% of CEOs on the list. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. 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. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. 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?