Indra is married to Raj Nooyi, Raj is a management consultant. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. My Life in Full is a New York Times bestseller and available in multiple languages. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. 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. This lovely couple has 2 daughters. 0, Last Updated on December 13, 2022 by admin. Please refer to the appropriate style manual or other sources if you have any questions. 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. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. [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. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Image Credits: Dave Puente Photography. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. All rights reserved. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. 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. [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. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. Indra Nooyis business career has been driven by a passion to do whats right (purpose), the drive to exceed expectations (performance) and the desire to help others succeed (people). Her mother was the driving force behind her good grades. 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 . In 2001, she was named president and chief financial officer. Indra Nooyi. She became the school's biggest alumni donor in history and the first woman to endow a deanship at a top business school with her gift. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Nooyi came in second place on Fortunes 2015 list of the most influential women. Nooyi has an estimated net worth of $290 million. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. In 2008, Forbes ranked her as the third-most powerful woman. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. Her father was a bank official, and her mother was a house wife. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. 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. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. She would play guitar in a band and be often referred to as rebellion or wild. What changes did you see between when she attended and when you were a student? The current net worth of Indra Nooyi is $80 million. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. What experiences do you share in common? [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Over the course of more than a decade, Nooyi was in charge of the companys global strategy and oversaw PepsiCos restructuring, which included the sale of Tricon to Yum! The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. Mrs. Nooyi is married and has two daughters. Nooyi is the author of the book My Life in Full: Work, Family and Our Future, a memoir that offers insight and a call-to-action on how our society can blend work and family and advance women in the 21st century. The companys sales increased by 80% during her tenure. She also used to play guitar in a band. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. In this position, she worked on a variety of strategy projects for the next six years. She enjoyed being a learner and graduated in 1980. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Ms Nooyi is the recipient of 15 honorary degrees. She loved to play cricket. 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. My Life in Full: Work, Family, and Our Future. 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. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. In 2017, Forbes ranked her the second most powerful woman in business. [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. Associate Editor, Encyclopdia Britannica. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. Born into a middle-class family in Chennai, she came a very long way. 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. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Nooyi resides in Greenwich, Connecticut, with her two daughters. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. Her determination and dedication to her job have shown that anything is possible with the right mindset. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. 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. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. [81] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[82] and the Lincoln Center for the Performing Arts. Her inspiring story has set an example for people of all ages and backgrounds. Her mother Shantha Krishnamurthy was a house maker. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. She completed her studies in India. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. 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. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. 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). This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. 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. Forbes named her the #3 most powerful woman in 2008. Image Credits: Dave Puente Photography. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Her younger daughter, Tara, graduated from Yale University. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Indra Nooyi Education . [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. ", 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.". Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. [32] In 2014, she was ranked #13 by Forbes. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. She had her second daughter Tara in 1992. 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. Our editors will review what youve submitted and determine whether to revise the article. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. There is an issue between Cloudflare's cache and your origin web server. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! On this Wikipedia the language links are at the top of the page across from the article title. 2023 Forbes Media LLC. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. [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. Please include the Ray ID (which is at the bottom of this error page). How To Create Folders Quickly Based On Cell Values In Excel? [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. 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. Indra Nooyi's daughters are both highly educated. [41] During her tenure, the company's sales grew 80%. Brands. Brands, Inc., which is today one of the world's largest fast food restaurant companies. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. She also aggressively pursued international expansion. Indra Nooyi Biography is very inspiring. 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. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. She was educated at Holy Angels Anglo Indian Higher Secondary School. ", "PepsiCo's CEO Indra Nooyi was right. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Indra Nooyi Autobiography . Indra Nooyi entrepreneur . 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. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. She is on the Deans Advisory Council at MITs School of Engineering and serves on the boards of the Memorial Sloan Kettering Cancer Center and the Partnership for Public Service. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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.
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