Indra Nooyi Biography is very inspiring. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. 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. [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. 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! Education, Family , Ethnicity & Boyfriend :-School Name: . Indra Nooyi entrepreneur . A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. [32] In 2014, she was ranked #13 by Forbes. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Read an excerpt here. There is an issue between Cloudflare's cache and your origin web server. 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! Her mother was the driving force behind her good grades. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. Nagar. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. Indra Nooyi is an exemplary embodiment of modern business leadership. Indra Nooyi: A peek into her life, education and thriving career - U2B Her determination and dedication to her job have shown that anything is possible with the right mindset. Courses & Certifications; Research & Resources; Scholarships . Nooyi was responsible for guiding a major restructuring, which included the companys spin-off of its restaurantswhich included KFC, Pizza Hut, and Taco Bellinto Tricon Global Restaurants (which later became Yum! In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. from Madras Christian College in 1974 P.G.D.M. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. 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. Now what? 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. Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend 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. Indra Nooyi, Former Chairman & CEO at PepsiCo, and Anne-Marie Slaughter, CEO of New America, join Maggie McGrath to discuss "Solving For The Care Crisis. in 2001, she became one of the Board of Directors of PepsiCo. 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. Indra Nooyi is an icon of success, resilience, and hard work. 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. 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. 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. [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. 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. Breaking The Glass Ceiling: 8 Inspirational Women In Leadership Indra Nooyi - Career, Education, Net Worth & Pepsico In 2017, Forbes ranked her, the second most powerful woman in business. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Indra K. Nooyi on Performance with Purpose - bcg.com Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. Nooyi, Indra | Encyclopedia.com Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! 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. She was honored with the Padma Bhushan by the President of India in 2007. Indra Nooyi has always been highly innovative . Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. Under her guidance in 1997 divestiture Tricon, now known as Yum! In 1994, she joined PepsiCo. Worked at British textile company Tootal in India . Nooyi resides in Greenwich, Connecticut, with her two daughters. Blogzbite has more than 50 experienced and budding content creators and bloggers under its umbrella and they work with a same mission to provide credible, correct and concise knowledge to the visitors. 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. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Indra Nooyi - Making A Mark In The Business World Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. [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.thefamouspeople.com/profiles/indra-nooyi-6440.php. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. [60] After five years on top, PepsiCo's Indian American chairman and CEO Indra Nooyi has been pushed to the second spot as most powerful woman in US business by Kraft's CEO, Irene Rosenfeld.[61]. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. 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. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). She enjoyed being a learner and graduated in 1980. In 2023, women now make up 8.8% of CEOs on the list. 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). 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. 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. [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. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. In 1978, she moved to the USA for higher studies. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. For Indra Nooyi, the First Lesson in Executive Ability Happened - Vogue 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. Then, in 1986, she moved on to Motorola as a senior executive. All Rights Reserved. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. Indra Nooyi: Latest Indra Nooyi News, Designation, Education, Net worth Indra Nooyi's daughters are both highly educated. [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. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. 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. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. 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. 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. 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. Daughters- Tara Nooyi, Preetha Nooyi: [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. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. In 2017, Forbes ranked her the second most powerful woman in business. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. In that same year, she was named an Outstanding American by choice by the US State Department. Cloudflare monitors for these errors and automatically investigates the cause. 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. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. 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. In 2001, she was named president and chief financial officer. She would play guitar in a band and be often referred to as rebellion or wild. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Your IP: Indra Nooyi Age, Biography, Husband & More StarsUnfolded Brands. In 1994, she was offered two jobs that stood out from the rest. She has always denied supporting the so cold binding and conservative norms existing in society. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. 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. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. ", "Follow Indra Nooyi's example: Be a leader people want to follow", "PepsiCo CEO Indra Nooyi's long-term strategy put her job in jeopardy but now the numbers are in, and the analysts who doubted her will have to eat their words", "Indra Nooyi on making Pepsico 'good for you', "Indra Nooyi's Passions: People, Performance & Purpose At PepsiCo And Beyond", "PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New", "PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO", "PepsiCo CEO Indra Nooyi is stepping down", "Connecticut Governor Names Indian American Executive Indra Nooyi to CERC Board of Directors to Improve Economic Strategy", "A Wall Street exec volunteers, and Lamont readily accepts", "NE governors promise to cautiously ease COVID-19 restrictions", PepsiCo CEO Nooyi gets $17 mn in compensation, "PEPSICO INC Executive Salaries & Other Compensation", "PepsiCo's Indra K. Nooyi Elected Chairman of U.S.-India Business Council", "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal", "Academy Announces 2008 Class of Fellows", "America's Best Leaders: Indra Nooyi, PepsiCo CEO", India-born Indra Nooyi named CEO of the year, Brendan Wood International Announces 24 TopGun CEOs in the US, "Indra Nooyi second most powerful woman in US business", "Lin-Manuel Miranda, Jeff Bezos, Anna Wintour, and More in the National Portrait Gallery's Newest Additions", "League of Women Voters salutes Greenwich resident Nooyi", "Michelle Obama, Mia Hamm chosen for Women's Hall of Fame", "Wings Publication announces winners of India's most prestigious book award", "Indra Nooyi '80 Presented with Honorary Doctorate at Yale Commencement", Commencement Recipients Indra Krishnamurthy Nooyi, Freelon to Speak at NC State Commencement, Olympics, Weirdstones, Pepsi and New York feature in Warwick's Honorary Degrees, Miami University Miami Awards 3,967 Degrees at 2011 Commencement, "PepsiCo leader Nooyi to receive honorary degree from Penn State" | Penn State University, "Duke to award degrees to more than 4,400 graduates on Sunday, May 10" |, commencement 2009. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. In 2001 she was named president and chief financial officer of the company. When it comes to leadership, the odds have always been stacked against women. Everything goes old after a day, life keeps on going and getting upgraded. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. She grew up in a close family with two siblings, her parents, and her grandparents. 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. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. She also used to play guitar in a band. Her fortune stems from stock she was granted while working at PepsiCo. Eventually she moved on to work with Johnson & Johnson as a product manager. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. 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. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. [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. This is what a great leader does. (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). In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. because we know knowledge is power and we want to be your medium of power. Her father was a bank official, and her mother was a house wife. 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. PepsiCo CEO until 1994 and CFO until 2001, respectively. Omissions? Associate Editor, Encyclopdia Britannica. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. [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. Nooyi was a member of the girl's cricket team. [46], While CEO of PepsiCo in 2011, Nooyi earned $17 million, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value and deferred remuneration of $3 million. Tuesday, Mar. The following year it was announced that Nooyi would be stepping down as CEO in October and as chairman of the board in early 2019. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. 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. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. It would make her an absolutely unmarriageable commodity after that.. 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 . She is also an advisor to several early-stage companies. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. She also went to the Yale School of Management for her further education. 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. 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 completed her studies in India. 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. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. 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. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. All rights reserved. Children: Tara Nooyi, Preetha Nooyi Education: University of Madras (BS), Indian Institute of Management, Calcutta (MBA), Yale University (MS) Indra Nooyi is an Indian-American businesswoman, best known as the former chief executive officer of the PepsiCo company. [35], Nooyi's strategic redirection of PepsiCo, called Performance with a Purpose,[36] has been largely successful and involved creating long-term growth while leaving a positive impact on society and the environment. [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. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. She was educated at Holy Angels Anglo Indian Higher Secondary School. Education: Madras Christian College, B.S. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. 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?
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