In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. 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. Nagar. She was constantly working for PepsiCo for a couple of years under the guidance of Roger Enrico who was the new CEO and started working on the strategies for the companys diversification, extensive expansion, and constant growth. This lovely couple has 2 daughters. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . She is married to Raj Nooyi, a management consultant of Indian origin. [37] She reclassified PepsiCo's products into three categories: "fun for you" (such as potato chips and regular soda), "better for you" (diet or low-fat versions of snacks and sodas), and "good for you" (items such as oatmeal). Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. 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 was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. 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. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. [32] In 2014, she was ranked #13 by Forbes. Her father was a bank official, and her mother was a house wife. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. A natural born leader. I was a middle child . When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. [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. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! [43] She will help draft the state's new economic development strategy. 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. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. Indra Nooyi Books . She was educated at Holy Angels Anglo Indian Higher Secondary School. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. 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. Brands. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. 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. 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. In a middle-class but conservative family. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. Laurie Spens Photography. 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. One offer came from General Electric, the other from PepsiCo. 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. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. Nooyi resides in Greenwich, Connecticut, with her two daughters. Before joining PepsiCo in 1994, Ms Nooyi spent four years as Senior Vice President of Strategy, Planning and Strategic Marketing for Asea Brown Boveri, a Zurich-based company. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. Eventually she moved on to work with Johnson & Johnson as a product manager. At the time, Indra was working for top consultancy BCG in Chicago. 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. However, Nooyi continued to serve as the chairman of the company until early 2019. Indra Nooyi Education. Nooyi discusses her trajectory to become the first woman of color and immigrant to run a Fortune 50 company, the difficulties that came with managing a demanding job with a growing family, and what she learned along the way. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. Indra Nooyi is an exemplary embodiment of modern business leadership. She loved to play cricket. Brands, Inc., which is today one of the world's largest fast food restaurant companies. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. 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. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. She has been a member of the All-Girls Cricket Team. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. 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. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. 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. 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. Mrs. . She is also an advisor to several early-stage companies. 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. Corrections? The couple has two daughters. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Indra Nooyi. Her father was a bank official, and her mother was a house wife. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. . [3][4][5], She has consistently ranked among the world's 100 most powerful women. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. Cloudflare Ray ID: 7a2b1030c8fe1085 According to an Equilar study, Nooyi held the position of CEO for a total of 12 years, which is seven years longer than the typical tenure of CEOs at large corporations. Daughters- Tara Nooyi, Preetha Nooyi: Additional troubleshooting resources. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. 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. 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. However, Nooyis move was a step up to focus on championing workplace equality. Cloudflare monitors for these errors and automatically investigates the cause. Thereafter she became the CEO of it in 2006. Till now she has been reflected to be a great asset for many prestigious companies and by the time, she started getting golden offers for head positions in many largest companies in the world. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. 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. 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. 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. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Forbes rated her 13th in 2014. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. Born into a middle-class family in Chennai, she came a very long way. My Life in Full: Work, Family and Our Future. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. My Life in Full: Work, Family, and Our Future. Education: Madras Christian College, B.S. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. 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. As recent as 1995, there were no female CEOs on the Fortune 500 list. She also aggressively pursued international expansion. Updates? President and Chief Financial Officer of Pepsico. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Awards and Milestones. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. because we know knowledge is power and we want to be your medium of power. [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. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Ms Nooyi is married and has two daughters. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. 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. and in 2021 was inducted into the National Women's Hall of Fame. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Associate Editor, Encyclopdia Britannica. 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. [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. Eve There is an issue between Cloudflare's cache and your origin web server. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. While every effort has been made to follow citation style rules, there may be some discrepancies. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. Our aim is to provide you all the latest informational articles related to different niches, She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. What changes did you see between when she attended and when you were a student? Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. 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. What do PepsiCo, Motorola and Amazon have in common? 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. Then, in 1986, she moved on to Motorola as a senior executive. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. In her childhood, she was a rebellious young girl and was known to be "wild". 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. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. She grew up in a close family with two siblings, her parents, and her grandparents. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. 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. Courses & Certifications; Research & Resources; Scholarships . 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. The couple has two daughters. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. 0, Last Updated on December 13, 2022 by admin. 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. PepsiCo was able to gain an advantage over its rivals by purchasing Tropicana; When compared to Coca-Colas Minute Maid, which held less than half of Tropicanas market share, Tropicana had 44% of the chilled orange juice market at the time, making it the fastest-growing segment of the juice market. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. 21, 2023 7:30 P.M. at Texas Hall. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. 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 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. 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. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. In 1994, she joined PepsiCo. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. [35], As part of Performance with a Purpose, Nooyi also focused on environmental concerns and sustainability, redesigning packaging to reduce waste, conserving water, switching to renewable energy sources and recycling. 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. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. As a result, the web page can not be displayed. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. Indra was born in Madras, India. [41] During her tenure, the company's sales grew 80%. This will save you time, money, and strength. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. When it comes to leadership, the odds have always been stacked against women. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. Famous People in USA Let us know if you have suggestions to improve this article (requires login). Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. On this Wikipedia the language links are at the top of the page across from the article title. 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. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. Her father was a bank official. All rights reserved. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. Nooyi was a member of the girl's cricket team. Indra Nooyi is an Indian-American business executive and previous CEO and president of PepsiCo, who also sits on the boards of the International Cricket Council and Amazon. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. 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.
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