Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. She has been a member of the All-Girls Cricket Team. and in 2021 was inducted into the National Women's Hall of Fame. 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. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. She was born on 28 October 1955 in Chennai, India. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. In 2017, Forbes ranked her, the second most powerful woman in business. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. 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. In 2001 she was named president and chief financial officer of the company. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. Indra Nooyis business career has been driven by a passion to do whats right (purpose), the drive to exceed expectations (performance) and the desire to help others succeed (people). Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Updates? Indra was born in Madras, India. 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. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. 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. In 2008, Forbes ranked her third among the most powerful women. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. She was educated at Holy Angels Anglo Indian Higher Secondary School. There, she joined an all-girls cricket team and played the guitar in an all-girls rock band both of which were uncommon for young girls in her country at the time. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. (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). Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. 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. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! [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. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. 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. 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. 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. 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. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. What do PepsiCo, Motorola and Amazon have in common? [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. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. She completed her studies in India. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. 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. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. Her father was a bank official. Her mother was the driving force behind her good grades. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. She would play guitar in a band and be often referred to as rebellion or wild. 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. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Associate Editor, Encyclopdia Britannica. 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. 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. Brands. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. In a middle-class but conservative family. My Life in Full: Work, Family and Our Future. While every effort has been made to follow citation style rules, there may be some discrepancies. She also used to play guitar in a band. Then, in 1986, she moved on to Motorola as a senior executive. 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 was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. She studied physics, chemistry and mathematics before graduating in 1974. She was consistently . 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. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. [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]. 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 . Indra Nooyi Interview . By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. However, Nooyis move was a step up to focus on championing workplace equality. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. At the time, Indra was working for top consultancy BCG in Chicago. 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. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. 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! In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. [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. 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. 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. 0, Last Updated on December 13, 2022 by admin. 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. Both of these ventures proved to be highly profitable to the company. 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. 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 Americas childcare crisis. Mrs. Nooyi is married and has two daughters. Omissions? 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. WATCH Oct 13, 2021 Indra. Ms Nooyi is married and has two daughters. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Indra Nooyi also serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst, and the Lincoln Center for the Performing Arts. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Worked at British textile company Tootal in India . In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. She also aggressively pursued international expansion. She possessed a rebellious streak as a young girl, and was known to be wild. Her mother Shantha Krishnamurthy was a house maker. We at Blogzbite manage to write the blogs and content on a big range of topics like language, technology, health, sports, biographies, psychology, career and education, motivation, stories and many more. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. She was honored with the Padma Bhushan by the President of India in 2007. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. 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. As a result, the web page can not be displayed. in 2001, she became one of the Board of Directors of PepsiCo. 21, 2023 7:30 P.M. at Texas Hall. She has been a very hard-working and innovative person. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. [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. 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. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. 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. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. 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. . Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. 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 is the former CEO of one of the largest food and beverage companies- PepsiCo. 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. One offer came from General Electric, the other from PepsiCo. 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. 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 has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. In 2006, Indra Nooyi became the CEO of PepsiCo. Indra Nooyi has always been highly innovative . Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. Eve Read an excerpt here. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. Nooyi is a Successor Fellow of the Yale Corporation. 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 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. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Despite financial aid, Nooyi had to work her way through her masters to survive. ", "PepsiCo's CEO Indra Nooyi was right. Indra Nooyi. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. [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. 2023 Forbes Media LLC. [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. How Jeff Bezos And Indra Nooyi Make Simple Their Superpower, The Celebrities On Forbes 2022 List Of Richest Self-Made Women, PepsiCos Indra Nooyi, The Queen Of Pop, Shares Her Tips For Bringing Compassionate Leadership To Work, To Become A Future Purpose-Driven Leader, Cultivate These Skills Now, 2021 Forbes Power Womens Summit: Power Pairing: Solving For The Care Crisis, Indra Nooyi: Why Paid Leave Is A Human Issue, Not A Political One, Forbes Announces 2021 Power Womens Summit, Recognizing Trailblazing Leaders Who Are Reshaping The World, Indra Nooyi: "We Need To Stop Talking About Childcare As A Female Issue" | Two Minute Takeaway | Forbes, Indra Nooyi Built This Foundational Skill To Become PepsiCo CEO, Indra Nooyi On Owning Her Authentic Self: "What You See Is What You Get" | Two Minute Takeaway | Forbes, Indra Nooyi To Big Business: "You Should Be Thanking Working Mothers For What We Do" | The Takeaway | Forbes, Dolly Parton, Indra Nooyi And The 13 Other Newcomers To Forbes 2021 List Of Americas Richest Self-Made Women, Indra Nooyis Passions: People, Performance & Purpose At PepsiCo And Beyond, Why PepsiCo's Indra Nooyi Will Be Hard To Replace, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. She had to struggle a lot due to some policies advertising feminine hygiene products was not allowed at that time in the country so it's wasn't a piece of cake to gain a foothold in the country. Daughters- Tara Nooyi, Preetha Nooyi: Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. All Rights Reserved. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. She is married to Raj Nooyi, a management consultant of Indian origin. 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. In 2001, she was named president and chief financial officer. Copyright BlogzBite 2021. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. This is what a great leader does. She did it anyway, with ample support from her parents. There is an unknown connection issue between Cloudflare and the origin web server. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. 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. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Image Credits: Dave Puente Photography. 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. In this position, she worked on a variety of strategy projects for the next six years. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. 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. From a skin care guru to big tech executives, meet the newest additions to Forbes latest list of the countrys most successful women entrepreneurs, executives and entertainers. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. But she hasnt given up on corporate life just yet in 2019, it was reported that Nooyi would join Amazon on its board of directors. She had her second daughter Tara in 1992. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. [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 K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. She celebrates her birthday on 28 October. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. 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. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. She became the school's biggest alumni donor in history and the first woman to endow a deanship at a top business school with her gift. Nooyi was president and chief financial officer before becoming CEO. [citation needed] The Quaker Oats Company's ownership of Gatorade was a positive strategic move for PepsiCo, since Gatorade was responsible for 80% of sports drink sales at the time. Forbes rated her 13th in 2014. Awards and Milestones. Nooyi was a member of the girl's cricket team. [8][9] She also serves on the boards of Amazon and the International Cricket Council. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices.

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