Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. In a radio interview, Nooyi stated that PepsiCo is getting ready to launch products designed and packaged as per women's preferences, and based on behavioral differences in the way men and women consume snacks. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. 2023 Forbes Media LLC. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. 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. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Our editors will review what youve submitted and determine whether to revise the article. Ms Nooyi is married and has two daughters. 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. 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. Her success caught the attention of recruiters . [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. Indra Krishnamurthy Nooyi: Indra Nooyi, the former chair and CEO of PepsiCo, left the company in 2019 after serving for 24 years half of which she served in the top position. 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. [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. President and Chief Financial Officer of Pepsico. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. Omissions? 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. Her father was a bank official, and her mother was a house wife. 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! [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. All Rights Reserved. Nagar. Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. 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. 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. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. She grew up in a close family with two siblings, her parents, and her grandparents. 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. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. In 2023, women now make up 8.8% of CEOs on the list. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. Cloudflare Ray ID: 7a2b1030c8fe1085 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. When it comes to leadership, the odds have always been stacked against women. 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. 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 grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! Indra Nooyi | Biography & Facts | Britannica [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Her mother Shantha Krishnamurthy was a house maker. 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. There, she joined an all-girls cricket team and played the guitar in an all-girls rock band both of which were uncommon for young girls in her country at the time. Education. My Life in Full is a New York Times bestseller and available in multiple languages. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. Indra Nooyi - Career, Education, Net Worth & Pepsico Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. Biography of Sundar Pichai. Indra Nooyi Books . Indra Nooyi is an Indian-born American business executive currently serving as the Chairperson and Chief Executive Officer of PepsiCo, one of the largest food and beverage businesses in the world. This will save you time, money, and strength. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. She also went to the Yale School of Management for her further education. As a result, the web page can not be displayed. There is an issue between Cloudflare's cache and your origin web server. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Indra Nooyi is an icon of success, resilience, and hard work. 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. There is an unknown connection issue between Cloudflare and the origin web server. She also aggressively pursued international expansion. 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. 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. Indra Nooyi - Person Profile - Cointime 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. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. Through this incident, she realised that she wasn't completely prepared for the business world and decided to pursue further education at yale school of management in the U.S. in 1978. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. She played guitar in a band and was also a member of an all-girls' cricket teamactivities girls in her social strata rarely participated in. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. [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. [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. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. 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. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. 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. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Author Talks: Indra Nooyi on leadership, life, and crafting a better https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. They write new content and verify and edit content received from contributors. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Nooyi came in second place on Fortunes 2015 list of the most influential women. and in 2021 was inducted into the National Women's Hall of Fame. PepsiCo's former chair and CEO Indra Nooyi retired in 2019 after 24 years with the company, half of which she spent in the top job. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Radhakishan Damani (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Ajaypal Banga (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Indra Nooyi (His childhood, education, career, personal life, achievements, what can one learn from his life). Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Image Credits: Dave Puente Photography. Indra receiving her masters degree from the Indian Institute of Management Calcutta. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. PepsiCo CEO until 1994 and CFO until 2001, respectively. In 2017, Forbes ranked her, the second most powerful woman in business. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. My Life in Full: Work, Family, and Our Future. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . She used to play guitar in an all-girl rock band. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. In that same year, she was named an Outstanding American by choice by the US State Department. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. 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. In a middle-class but conservative family. 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 | National Women's History Museum Her mother was the driving force behind her good grades. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. December 8, 2022 After joining PepsiCo, Nooyi has made her prominent and significant contributions which lead the companys global strategy and focused on extensive expansion and restructuring process, all the restaurants were divestiture. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Write in eighth-grade language to reach the broadest audience. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. PepsiCo Chairman & CEO Indra Nooyi became the most generous lifetime benefactor in the history of the Yale School of Management P&Q: You have a daughter, Preetha, who earned her MBA at Yale. Awards and Milestones. Nooyi serves as an Honorary Co-chair for the World Justice Project. 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. Poets&Quants - Executive Q&A: PepsiCo CEO Indra Nooyi Indra Nooyi Biography is very inspiring. From a skin care guru to big tech executives, meet the newest additions to Forbes latest list of the countrys most successful women entrepreneurs, executives and entertainers. 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). With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. 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. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Then, in 1986, she moved on to Motorola as a senior executive. 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. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. Everything goes old after a day, life keeps on going and getting upgraded. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. Forbes rated her 13th in 2014. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. Her success caught the attention of recruiters across the US. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. The couple has two daughters. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. Performance & security by Cloudflare. Brands. 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. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. 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. From April 2015 until April 2020, she was a director of Schlumberger Limited. Indra Nooyi Autobiography . She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Read an excerpt here. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Tuesday, Mar. ", "PepsiCo's CEO Indra Nooyi was right. 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. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. On this Wikipedia the language links are at the top of the page across from the article title. in 1997. 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. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world.
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