[32] In 2014, she was ranked #13 by Forbes. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . 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 had her second daughter Tara in 1992. Her father was a bank official. 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. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. Worked at British textile company Tootal in India . My Life in Full: Work, Family and Our Future. [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. (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). A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. 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. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Our aim is to provide you all the latest informational articles related to different niches, 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. Indra with her husband Raj and daughters, Preetha and Tara. Indra Nooyi become CEO of PepsiCo when she was 50 years old, her diversified experience in different departments of different companies made her wise and far-sighted, and also increased her enthusiasm, and even after 12 years of service she maintained or even increased the quality and level of her enthusiasm this is a quality of a true leader. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Indra Nooyi has always been highly innovative . 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. and in 2021 was inducted into the National Women's Hall of Fame. Nooyi has an estimated net worth of $290 million. In 2006, Indra Nooyi became the CEO of PepsiCo. 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. All rights reserved. Nooyi came in second place on Fortunes 2015 list of the most influential women. 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. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. She is married to Raj Nooyi, a management consultant of Indian origin. Education, Family , Ethnicity & Boyfriend :-School Name: . She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. In 1986, she then started working as a senior executive in the automotive division development team in Motorola, and soon in 1988, because of her diligence, she was promoted to the designation of vice president and director of corporate strategy and planning. [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. Laurie Spens Photography. Brands. It would make her an absolutely unmarriageable commodity after that.. Brands, Inc., which is today one of the world's largest fast food restaurant companies. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. Initially, she faced the problem and struggled with her job at Johnson & Johnson as she was assigned the work of introducing Stayfree sanitary napkins in India. 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). The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. She was consistently . 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. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. While every effort has been made to follow citation style rules, there may be some discrepancies. Education. She is also an advisor to several early-stage companies. Image Credits: Dave Puente Photography. 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. 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. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. She was educated at Holy Angels Anglo Indian Higher Secondary School. 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. She did it anyway, with ample support from her parents. [43] She will help draft the state's new economic development strategy. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Forbes named her the #3 most powerful woman in 2008. Eventually she moved on to work with Johnson & Johnson as a product manager. Indra Nooyi is an exemplary embodiment of modern business leadership. Ms Nooyi is the recipient of 15 honorary degrees. Her inspiring story has set an example for people of all ages and backgrounds. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. She was born on 28 October 1955 in Chennai, India. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. My Life in Full: Work, Family, and Our Future. [41] During her tenure, the company's sales grew 80%. In 2001 she was named president and chief financial officer of the company. ", "Follow Indra Nooyi's example: Be a leader people want to follow", "PepsiCo CEO Indra Nooyi's long-term strategy put her job in jeopardy but now the numbers are in, and the analysts who doubted her will have to eat their words", "Indra Nooyi on making Pepsico 'good for you', "Indra Nooyi's Passions: People, Performance & Purpose At PepsiCo And Beyond", "PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New", "PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO", "PepsiCo CEO Indra Nooyi is stepping down", "Connecticut Governor Names Indian American Executive Indra Nooyi to CERC Board of Directors to Improve Economic Strategy", "A Wall Street exec volunteers, and Lamont readily accepts", "NE governors promise to cautiously ease COVID-19 restrictions", PepsiCo CEO Nooyi gets $17 mn in compensation, "PEPSICO INC Executive Salaries & Other Compensation", "PepsiCo's Indra K. Nooyi Elected Chairman of U.S.-India Business Council", "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal", "Academy Announces 2008 Class of Fellows", "America's Best Leaders: Indra Nooyi, PepsiCo CEO", India-born Indra Nooyi named CEO of the year, Brendan Wood International Announces 24 TopGun CEOs in the US, "Indra Nooyi second most powerful woman in US business", "Lin-Manuel Miranda, Jeff Bezos, Anna Wintour, and More in the National Portrait Gallery's Newest Additions", "League of Women Voters salutes Greenwich resident Nooyi", "Michelle Obama, Mia Hamm chosen for Women's Hall of Fame", "Wings Publication announces winners of India's most prestigious book award", "Indra Nooyi '80 Presented with Honorary Doctorate at Yale Commencement", Commencement Recipients Indra Krishnamurthy Nooyi, Freelon to Speak at NC State Commencement, Olympics, Weirdstones, Pepsi and New York feature in Warwick's Honorary Degrees, Miami University Miami Awards 3,967 Degrees at 2011 Commencement, "PepsiCo leader Nooyi to receive honorary degree from Penn State" | Penn State University, "Duke to award degrees to more than 4,400 graduates on Sunday, May 10" |, commencement 2009. 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. 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. The pathway to where she is today began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. 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. 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 . Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. Her father was a bank official, and her mother was a house wife. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. [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. 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. 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. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. 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. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. [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. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. 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. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. 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. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. She has always denied supporting the so cold binding and conservative norms existing in society. 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. 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 America's childcare crisis. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. [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]. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Copyright BlogzBite 2021. Nooyi was a member of the girl's cricket team. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. [16], In 1978, Nooyi was admitted to Yale School of Management and moved to the United States, where she earned a master's degree in public and private management in 1980. [8][9] She also serves on the boards of Amazon and the International Cricket Council. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. Laurie Spens Photography. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. 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. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. 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 is married to Raj Nooyi, Raj is a management consultant. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . Qualification: B.S. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Indra Nooyi's daughters are both highly educated. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019).
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