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. 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. However, Nooyi continued to serve as the chairman of the company until early 2019. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. Indra Nooyi Books . With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. Image Credits: Dave Puente Photography. 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. Worked at British textile company Tootal in India . Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. In 2008, Forbes ranked her as the third-most powerful woman. [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. 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. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. In addition, Nooyi was in charge of the Tropicana acquisition in 1998 and the merger with the Quaker Oats Company that led to Gatorade in 2001. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. 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. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. [22] The financial gains from this spinoff allowed the company to increase the pace of its share buyback strategy, thereby giving it more leverage to pursue future acquisitions without as much shareholder backlash. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. 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. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. 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. Nooyi has an estimated net worth of $290 million. She has been a very hard-working and innovative person. Cloudflare Ray ID: 7a2b1030c8fe1085 Eventually she moved on to work with Johnson & Johnson as a product manager. Awards and Milestones. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. 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. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. 103.74.118.106 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. Her father was a bank official. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. Her success caught the attention of recruiters . For attaining something you must have this learning behaviour, keep learning new strategies and solutions. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. She studied physics, chemistry and mathematics before graduating in 1974. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. She has attained this prestige as a strategist. Biography of Sundar Pichai. The Success Story of Indra Nooyi | The Global Hues In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. Over the next couple of years, she worked closely with the new CEO, Roger Enrico, and worked on shaping the companys future expansion and growth strategies. Born into a middle-class family in Chennai, she came a very long way. 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. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. Nooyi was president and chief financial officer before becoming CEO. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Our aim is to provide you all the latest informational articles related to different niches, The Inspirational Indra Nooyi and Her Success Story! In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Updates? 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. In 2006, Indra Nooyi became the CEO of PepsiCo. 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. 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. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. She celebrates her birthday on 28 October. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Indra Nooyi Bio, Age, Wife, Education, Salary, Net, PepsiCo Education: Madras Christian College, B.S. [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. 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. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. [43] She will help draft the state's new economic development strategy. 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. [16] 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. Aruna Sairam, a carnatic musician from South India, is Indras aunt. Indra K. Nooyi on Performance with Purpose - bcg.com 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. In her childhood, she was a rebellious young girl and was known to be "wild". Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. Welcome to the BlogzBite.com Informational Article Web Page. Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. Brands. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. Indra Nooyi | Biography & Facts | Britannica In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. My Life in Full is a New York Times bestseller and available in multiple languages. Not utilising 50% of population is loss to country: Indra Nooyi Work Life Balance for Women . Daughters- Tara Nooyi, Preetha Nooyi: [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . In 2001 she was named president and chief financial officer of the company. They married soon after her graduation and their daughter Preetha was born in 1984. My Life in Full: Work, Family, and Our Future. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. She completed her studies in India. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Nooyi stated in an interview with a radio station that PepsiCo is getting ready to launch snacks based on the behavioral differences between mens and womens snacking habits. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! 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. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. Everything goes old after a day, life keeps on going and getting upgraded. President and Chief Financial Officer of Pepsico. . She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. 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 1990 she again changed her job and went, to Asea Brown Boveri (ABB) on the designation of senior vice president and director of the corporate strategy and strategic marketing. In that same year, she was named an Outstanding American by choice by the US State Department. What changes did you see between when she attended and when you were a student? Indra Nooyi. She also used to play guitar in a band. As recent as 1995, there were no female CEOs on the Fortune 500 list. Indra Nooyi - Forbes 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 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. 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. Your IP: She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . In this position, she worked on a variety of strategy projects for the next six years. Her fortune stems from stock she was granted while working at PepsiCo. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. She grew up in a close family with two siblings, her parents, and her grandparents. [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. She loved to play cricket. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Indra Nooyi - The University of Texas at Arlington She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. 21, 2023 7:30 P.M. at Texas Hall. 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. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Eve She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Indra Nooyi Net Worth . Soon after, she shifted her focus to business and decided to pursue an MBA at the Indian Institute of Management in Calcutta which at the time, was just one of two schools in the country that offered the now career-transforming programme. [8][9] She also serves on the boards of Amazon and the International Cricket Council. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. On this Wikipedia the language links are at the top of the page across from the article title. 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. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. [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. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. On April 5, 2007, she was awarded the Padma Bhushan award by the President of India Dr.APJ Abul Kalam Azad at the Rashtrapati Bhavan. because we know knowledge is power and we want to be your medium of power. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. In 2017, Forbes ranked her, the second most powerful woman in business. Despite financial aid, Nooyi had to work her way through her masters to survive. 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. 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. 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. Then, in 1986, she moved on to Motorola as a senior executive. Please include the Ray ID (which is at the bottom of this error page). Indra Nooyi Age, Biography, Husband & More StarsUnfolded Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. There is an issue between Cloudflare's cache and your origin web server. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. Her father was a bank official. 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. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. Performance & security by Cloudflare. Indra Nooyi - Wikipedia She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. from IIM Calcutta in 1977 M.A. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. Indra Nooyi is an icon of success, resilience, and hard work. [41] During her tenure, the company's sales grew 80%. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. Nooyi serves as an Honorary Co-chair for the World Justice Project. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. She used to play guitar in an all-girl rock band. 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. [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. December 8, 2022 Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. 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. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. 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. Laurie Spens Photography. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. Stay Realistic:- Running behind things that aren't even real is just a waste of time and resources, being a leader or an employee you should set and decide what's realistic and even possible to attain. Omissions? from Madras Christian College in 1974 P.G.D.M. Indra Nooyi - Biography & Career Accomplishments - Thomasnet