Cloudflare monitors for these errors and automatically investigates the cause. She also went to the Yale School of Management for her further education. In 2011, Nooyi earned $17 million as CEO of PepsiCo, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value, and deferred remuneration of $3 million. She possessed a rebellious streak as a young girl, and was known to be wild. A CEOs most lasting contribution is oftentimes the intangible. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. Indra Nooyi Education . 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. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. Brands, one of the largest fast food companies in the world. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. Aruna Sairam, a carnatic musician from South India, is Indras aunt. From April 2015 until April 2020, she was a director of Schlumberger Limited. At the time, Indra was working for top consultancy BCG in Chicago. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. 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 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. Read Indras notes on work, family, and our future in her newsletter: The Care Crisis is No Labor Sideshow: Its a Main Event, Child Care is Core to Economic Growth: We Must Commit, Let's Get On With Equal Pay: It Speaks To Character, International Women's Day: The Day That Cant Drift By, Indra Nooyi and Lisa Kassenaar discuss her book after she is awarded the 2022 International Distinguished Entrepreneur Award (IDEA) by the Associates of the Asper School of Business (May 2022), Indra poses with Professor Modupe Akinola after receiving the Columbia Botwinick Prize in Business Ethics (April 2022), Student Isha Saeed with Indra at Harvard Business School (April 2022), Boston Globe CEO Lindra Henry in conversation with Indra at MIT (April 2022), Journalist Seema Mody moderates a discussion with Indra and Reshma Saujani in collaboration with the Asian American Businesss Development Center (April 2022), Indra speaks on a panel at the USC Marshall School of Business (March 2022), Indra with the USC-IBEAR MBA students (March 2022), Emirates Litfest Director Ahlam Bolooki moderates a discussion about Work, Family, and the Future with Indra and HE Reem Al Hashimy at the Dubai Expo (February 2021), Richard Dean moderates a fireside chat with Indra at the Emirates Lit Fest in Dubai (February 2022), Indra joins senior women leaders of the United Nations for their annual retreat in New York (March 2022), A dinner with the team behind My Life in Full (December 2021), Backdrop from a book party held in Indra's honor by The Asian American Foundation and BCG (December 2021), Indra with President Clinton, Former Secretary Clinton, and Huma Abedin at a book party hosted by The Asian American Foundation and BCG (December 2021), Indra gives remarks at a book party held in her honor by The Asian American Foundation and BCG (December 2021), Indra speaks about her book at Yale (November 2021), Indra joins Morgan Stanley's Seema Hingorani for a fireside chat at their New York offices (October 2021), Indra speaks at the New York Metropolitan Club, and is introduced by her former Chief of Staff, Erica Matthews (October 2021), Indra is inducted into the Asian Hall of Fame (October 2021), Indra joins Professor Adam Grant for a fireside chat for the Authors@Wharton series at the University of Pennsylvania (October 2021), A newly-inducted member, Indra visits the American Philosophical Society (October 2021), Indra with John Studzinski, PIMCO Vice Chair and the host of a book party held in her honor in the U.K. (October 2021), Indra joins London Business School students for a photo (October 2021), Indra joins Unilever's former CHRO, Leena Nair for a fireside chat in the U.K. (October 2021), Journalist Joanne Lipman moderates a conversation with Indra to celebrate the launch of her book, My Life in Full, at the Greenwich Library (September 2021), Celebrating the launch of My Life in Full with a cake (October 2021), Shooting the book trailer for My Life in Full (September 2021), Indra gets a first look at her memoir, My Life in Full (September 2021), Indra signs bookplates for readers (August 2021), Indra and her friend and writer, Lisa Kassenaar pose at Penguin Random House offices on the launch day of My Life in Full (September 2021), Indra records the audiobook version of My Life in Full (August 2021), Indra during a photoshoot with Dave Puente (July 2021), Indra and team begin work on My Life in Full (December 2019), Indra meets with her high school mentees (July 2021), Indra and her friend and writer, Lisa Kassenaar with the early copies of My Life in Full (July 2021). [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. 2023 Forbes Media LLC. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. from IIM Calcutta in 1977 M.A. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. Indra was born in Madras, India. 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 . Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . They married soon after her graduation and their daughter Preetha was born in 1984. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. Under her guidance in 1997 divestiture Tricon, now known as Yum! An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. [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. There is an unknown connection issue between Cloudflare and the origin web server. She was educated at Holy Angels Anglo Indian Higher Secondary School. Omissions? Now what? 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. My Life in Full: Work, Family and Our Future. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. Indra Nooyi's daughters are both highly educated. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. In 1994, she was offered two jobs that stood out from the rest. Indra is married to Raj Nooyi, Raj is a management consultant. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. 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. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. Performance & security by Cloudflare. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. 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 is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. 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. Indra Nooyi Net Worth . [16] On this Wikipedia the language links are at the top of the page across from the article title. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Please refer to the appropriate style manual or other sources if you have any questions. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Her mother Shantha Krishnamurthy was a house maker. [3][4][5], She has consistently ranked among the world's 100 most powerful women. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. Awards and Milestones. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. Let us know if you have suggestions to improve this article (requires login). [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]. 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. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. 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. Please include the Ray ID (which is at the bottom of this error page). 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. In 2017, Forbes ranked her the second most powerful woman in business. 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. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. The companys sales increased by 80% during her tenure. Your IP: Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Born into a middle-class family in Chennai, she came a very long way. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. Then, in 1986, she moved on to Motorola as a senior executive. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. Between 2019-2022, Ms Nooyi served as the Class of 1951 Chair for the Study of Leadership at West Point where she worked with the Department of Behavioral Sciences and Leadership to fulfill the mission of character at the U.S. Military Academy at West Point. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. [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. Indra Nooyi, (born October 28, 1955, Madras [now Chennai], India), Indian-born American businesswoman who was instrumental in the lucrative restructuring and diversification of soft-drink manufacturer PepsiCo, Inc.s brands. Forbes rated her 13th in 2014. (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). She studied physics, chemistry and mathematics before graduating in 1974. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Then, in 1986, she moved on to Motorola as a senior executive. My Life in Full is a New York Times bestseller and available in multiple languages. 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! [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. Her mother was the driving force behind her good grades. 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. Corrections? Associate Editor, Encyclopdia Britannica. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. Indra Nooyi Interview . 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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