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Indra Nooyi Biography is very inspiring. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Nooyi has an estimated net worth of $290 million. [54][55], Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. The couple has two daughters. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. Laurie Spens Photography. Indra Nooyi Age, Biography, Husband & More StarsUnfolded Nooyi served as the companys CEO (200618) and chairman of the board (200719). Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. 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. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. She moved to the United States to join Yale School of Management in 1978 and pursued a master's degree in Public and Private Management. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. She studied physics, chemistry and mathematics before graduating in 1974. As recent as 1995, there were no female CEOs on the Fortune 500 list. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Our editors will review what youve submitted and determine whether to revise the article. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. 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. She completed her studies in India. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. Both of these ventures proved to be highly profitable to the company. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business Indra Nooyi: A peek into her life, education and thriving career - U2B 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. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. Nooyi has said that it wants to create a line of snacks just for women because it thinks this is a market that hasnt been explored before. [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. There is an issue between Cloudflare's cache and your origin web server. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. [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. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. . She grew up in a close family with two siblings, her parents, and her grandparents. [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. [96] She is a devout Hindu who abstains from alcohol and is a vegetarian because of her adherence to the religion's teachings and traditions. 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. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Brands, one of the largest fast food companies in the world. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. She had her second daughter Tara in 1992. All three multinationals have been graced by the presence of Indra Nooyi, one of the worlds most powerful woman who validated the saying, the future is female when she took on leadership positions at these multinationals. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. Nooyi has been constantly ranked among the world's most powerful women. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. in 2001, she became one of the Board of Directors of PepsiCo. Nooyi is a Successor Fellow of the Yale Corporation. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. 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. Author Talks: Indra Nooyi on leadership, life, and crafting a better After joining PepsiCo, Nooyi has made her prominent and significant contributions which lead the companys global strategy and focused on extensive expansion and restructuring process, all the restaurants were divestiture. 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). She is also an advisor to several early-stage companies. Brands. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. Then, in 1986, she moved on to Motorola as a senior executive. She also served as PepsiCo's senior vice president for corporate strategy and development from 1996 until 2000, and as PepsiCo's senior vice president for strategic planning from 1994 until 1996. Indra Nooyi - Biography & Career Accomplishments - Thomasnet 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. She also aggressively pursued international expansion. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. She was consistently . By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. 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. Laurie Spens Photography. Indra is married to Raj Nooyi, Raj is a management consultant. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Work Life Balance India . She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. 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. [21] Prior to becoming CEO, Nooyi served as president and chief financial officer, beginning in 2001, she was also named to PepsiCo's board of directors. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. [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. Nooyi was president and chief financial officer before becoming CEO. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. 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. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Image Credits: Dave Puente Photography. 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. In 1978, she moved to the USA for higher studies. Her experience at Johnson & Johnson made her realize that she was still unprepared for the business world, and thus she decided to pursue further education. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Nooyi joined the board of Amazon in 2019. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. [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. As an employee of PepsiCo, Nooyi is credited to have directed the companys global strategy, leading to its extensive expansion and restructuring including the divestiture of its restaurants. She used to play guitar in an all-girl rock band. In a middle-class but conservative family. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Nooyi was a member of the girl's cricket team. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. She has always denied supporting the so cold binding and conservative norms existing in society. The win, however, wasnt enough. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. In 2023, women now make up 8.8% of CEOs on the list. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. 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. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. From April 2015 until April 2020, she was a director of Schlumberger Limited. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. [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. [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. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. 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. She has been a very hard-working and innovative person. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. 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. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. Indra Nooyi Education. 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. In her childhood, she was a rebellious young girl and was known to be "wild". The companys sales increased by 80% during her tenure. because we know knowledge is power and we want to be your medium of power. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Not utilising 50% of population is loss to country: Indra Nooyi Indra Nooyi Autobiography . 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. 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. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. 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 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Indra Nooyi | Biography & Facts | Britannica In 2001 she was named president and chief financial officer of the company. 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. In 1994, she joined PepsiCo. Her mother was the driving force behind her good grades. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. It would make her an absolutely unmarriageable commodity after that.. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. In 2017, Forbes ranked her the second most powerful woman in business. 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. My Life in Full: Work, Family and Our Future. Indra Nooyi: Latest Indra Nooyi News, Designation, Education, Net worth Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. [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 couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. [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.
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