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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. 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. This will save you time, money, and strength. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Laurie Spens Photography. 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 2008, Forbes ranked her as the third-most powerful woman. 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. Brands, Inc., which is today one of the world's largest fast food restaurant companies. What experiences do you share in common? During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCos total shareholder return was 162% beating the S&P over the same period. Welcome to the BlogzBite.com Informational Article Web Page. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. 0, Last Updated on December 13, 2022 by admin. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. Nooyi has an estimated net worth of $290 million. 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. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. She is also an advisor to several early-stage companies. Eventually she moved on to work with Johnson & Johnson as a product manager. [40], On August 6, 2018, Nooyi stepped down as CEO, and Ramon Laguarta, a 22-year veteran of PepsiCo, replaced her on October 3, as well as becoming a member of the board of directors. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. Ms Nooyi is married and has two daughters. However, Nooyi continued to serve as the chairman of the company until early 2019. Indra Nooyi Books . Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. She also used to play guitar in a band. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. In 2019, her portrait was inducted into the Smithsonian National Portrait Gallery, and in 2021 she was inducted into the National Womens Hall of Fame. The current net worth of Indra Nooyi is $80 million. ", "PepsiCo's CEO Indra Nooyi was right. 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. Nagar. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. What do PepsiCo, Motorola and Amazon have in common? [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. 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. All rights reserved. [28][29], Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[30][31] and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . 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. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. [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. 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! [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). Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. 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). 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! Her initiative was backed up with ample funding. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. In 1978, she moved to the USA for higher studies. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. [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. In 2023, women now make up 8.8% of CEOs on the list. 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. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. A CEOs most lasting contribution is oftentimes the intangible. 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. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. She was honored with the Padma Bhushan by the President of India in 2007. [8][9] She also serves on the boards of Amazon and the International Cricket Council. 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. Nooyi stopped using aspartame in Diet Pepsi in 2015. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. 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. Work Life Balance India . 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. In 1980, Nooyi started working as a strategy consultant at the Boston Consulting Group (BCG) and then joined Motorola on the designation of Vice President and Director of Corporate Strategy and Planning, then she moved to join Johnson & Johnson on the designation of a product manager. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. 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. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. Tuesday, Mar. 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. 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. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. She holds a B.S. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. 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. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. . 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. 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. 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. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. She used to play guitar in an all-girl rock band. A Conversation with Indra Nooyi. 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? Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. Performance & security by Cloudflare. 103.74.118.106 Brands. [41] During her tenure, the company's sales grew 80%. [32] In 2014, she was ranked #13 by Forbes. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. Now what? Image Credits: Dave Puente Photography. In 2001 she was named president and chief financial officer of the company. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. 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. 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. For some people age is just a number, many great leaders didn't stop even at the age of 40 and 50 and even more. ", Former PepsiCo CEO and Power Women listee Indra Nooyi writes for Forbes on how paid leave fueled her path to power: "I wouldnt have been there without paid leave.". 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 spent the next six years as a consultant for the acclaimed Boston Consulting Group. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. Image Credits: Dave Puente Photography. 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. 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. Forbes named her the #3 most powerful woman in 2008. Please refer to the appropriate style manual or other sources if you have any questions. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. 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. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. 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. She would play guitar in a band and be often referred to as rebellion or wild. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. [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. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). 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. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. Indra receiving her masters degree from the Indian Institute of Management Calcutta. and in 2021 was inducted into the National Women's Hall of Fame. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. 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. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Nooyi has been constantly ranked among the world's most powerful women. Read an excerpt here. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. [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. 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 . She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. She grew up in a close family with two siblings, her parents, and her grandparents. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. 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. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. [43] She will help draft the state's new economic development strategy. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. There is an issue between Cloudflare's cache and your origin web server. 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. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. 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! 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 . In 1986, she moved to Motorola as a senior executive in the automotive division development team. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. My childhood home was defined by particularly progressive thinking when it came to educating women. She also aggressively pursued international expansion. From April 2015 until April 2020, she was a director of Schlumberger Limited. Her father was a bank official, and her mother was a house wife. Corrections? 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. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. 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. 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. Aruna Sairam, a carnatic musician from South India, is Indras aunt. 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. Indra Nooyi Autobiography . 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. 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. This lovely couple has 2 daughters. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. Her job with Johnson & Johnson was quite a challenging one as she was made responsible for managing the introduction of Stayfree sanitary napkins to India. In 1994, she joined PepsiCo. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. As recent as 1995, there were no female CEOs on the Fortune 500 list. 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. Born into a middle-class family in Chennai, she came a very long way. 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. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. Her mother was the driving force behind her good grades. As a result, the web page can not be displayed. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. In a middle-class but conservative family. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. This is what a great leader does. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. [6] In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women[7] and was ranked the second most powerful woman on the Fortune list in 2015 and 2017. in 1997. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri.
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