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. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. [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]. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. and in 2021 was inducted into the National Women's Hall of Fame. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. ", "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. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. She has been a very hard-working and innovative person. Awards and Milestones. While in India, she worked as a product manager with a couple of reputable firms After completing her education at Yale, she joined the Boston Consulting Group in 1980 as a corporate strategist. She enjoyed being a learner and graduated in 1980. Qualification: B.S. 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. After moving to the United States, she received an additional masters degree in public and private management from the Yale School of Management in 1980. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Indras memoir, a New York Times bestseller, offers insight and a call-to-action from one of the worlds most-admired business leaders on how our society can blend work and family and advance women in the 21st century. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. She was born on 28 October 1955 in Chennai, India. 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. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. [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 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. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. 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. 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! In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. As recent as 1995, there were no female CEOs on the Fortune 500 list. Indra receiving her masters degree from the Indian Institute of Management Calcutta. While every effort has been made to follow citation style rules, there may be some discrepancies. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. [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. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. Citations for Medalists. She is married to Raj Nooyi, a management consultant of Indian origin. 2023 Forbes Media LLC. A CEOs most lasting contribution is oftentimes the intangible. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. [3][4][5], She has consistently ranked among the world's 100 most powerful women. However, Nooyi continued to serve as the chairman of the company until early 2019. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Indra Nooyi has always been highly innovative . Click to reveal 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. Indra Nooyi, the former Chairman and CEO of PepsiCo, candidly discusses the painful trade-offs working mothers face and how corporate America can help solve for the countrys care crisis. 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. [41] During her tenure, the company's sales grew 80%. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. 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. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. Brands, one of the largest fast food companies in the world. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. 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! In 2007 and 2008, she was one of Times 100 Most Influential People in the World. In her childhood, she was a rebellious young girl and was known to be "wild". I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. A natural born leader. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. Mrs. . began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. At the time, Indra was working for top consultancy BCG in Chicago. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. Forbes ranked her 13th in 2014. 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. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. 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. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). Her father was a bank official, and her mother was a house wife. . A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. 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. She also went to the Yale School of Management for her further education. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Her determination and dedication to her job have shown that anything is possible with the right mindset. In 2023, women now make up 8.8% of CEOs on the list. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. She had her second daughter Tara in 1992. 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. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Nooyi has been constantly ranked among the world's most powerful women. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. 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. 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. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. The win, however, wasnt enough. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. Her father was a bank official. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. ", "PepsiCo's CEO Indra Nooyi was right. There is an issue between Cloudflare's cache and your origin web server. [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. Corrections? To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. 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. It would make her an absolutely unmarriageable commodity after that.. Her father was a bank official, and her mother was a house wife. 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. Then, in 1986, she moved on to Motorola as a senior executive. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. Everything goes old after a day, life keeps on going and getting upgraded. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. In 2008, Forbes ranked her third among the most powerful women. 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. Then she proceeded to the Yale School of Management to further her education and worked with Boston Consulting Group (BCG), Motorola and Asea Brown Boveri. Despite financial aid, Nooyi had to work her way through her masters to survive. [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. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. 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. Work Life Balance for Women . 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. 0, Last Updated on December 13, 2022 by admin. Image Credits: Dave Puente Photography. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. 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? A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. from IIM Calcutta in 1977 M.A. 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. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. 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 also aggressively pursued international expansion. 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. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. The couple has two daughters. She was educated at Holy Angels Anglo Indian Higher Secondary School. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. 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. 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. Biography of Sundar Pichai. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). Tuesday, Mar. Her fortune stems from stock she was granted while working at PepsiCo. 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. Work Life Balance India . In 1994, she joined PepsiCo. [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. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. Her inspiring story has set an example for people of all ages and backgrounds. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Updates? I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. Her success caught the attention of recruiters . She has been a member of the All-Girls Cricket Team. 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! She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Nooyi was president and chief financial officer before becoming CEO. 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. 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. Indra Nooyi. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. 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. Associate Editor, Encyclopdia Britannica. 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. PepsiCo CEO until 1994 and CFO until 2001, respectively. Nagar. Indra Nooyi Autobiography . She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Famous People in USA She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. Her mother was the driving force behind her good grades. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. 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 . Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Our aim is to provide you all the latest informational articles related to different niches, 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 . Nooyi stopped using aspartame in Diet Pepsi in 2015. 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. How To Create Folders Quickly Based On Cell Values In Excel? She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. She is also a member of the Board of Trustees of Eisenhower Fellowships, and has served as Chairperson of the U.S.-India Business Council. Get Tickets. Performance & security by Cloudflare. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. December 8, 2022 Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. 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. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. What changes did you see between when she attended and when you were a student? Please include the Ray ID (which is at the bottom of this error page). 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. 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. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. [43] She will help draft the state's new economic development strategy. She completed her studies in India. In that same year, she was named an Outstanding American by choice by the US State Department. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. [54][55], Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010.