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Indra Nooyi is an exemplary embodiment of modern business leadership. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. 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. In 2001, she was named president and chief financial officer. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Indra's memoir, a New York Times bestseller, offers insight and a call-to-action from one of the world's most-admired business leaders on how our society can blend work and family and advance women in the 21st century. [41] During her tenure, the company's sales grew 80%. 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. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. Image Credits: Dave Puente Photography. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. In 2006, Indra Nooyi became the CEO of PepsiCo. She used to play guitar in an all-girl rock band. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Nooyi was a member of the girl's cricket team. [16] A brilliant student, she earned a seat in one of Indias premier institutions, Indian Institute of Management Calcutta, from where she completed a Post Graduate Diploma in Management (MBA), in 1976. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . While studying at the Yale University, she worked as a receptionist from midnight till sunrise. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. 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. However, Nooyi continued to serve as the chairman of the company until early 2019. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. 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. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. 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. 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. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Her younger daughter, Tara, graduated from Yale University. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. 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). Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. She has attained this prestige as a strategist. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. What experiences do you share in common? She grew up in a close family with two siblings, her parents, and her grandparents. Worked at British textile company Tootal in India . Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. From April 2015 until April 2020, she was a director of Schlumberger Limited. In 2008, Forbes ranked her as the third-most powerful woman. 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. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. [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). [94] Nooyi has two daughters and resides in Greenwich, Connecticut. 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. 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 this position, she worked on a variety of strategy projects for the next six years. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. In 2001 she was named president and chief financial officer of the company. A Conversation with Indra Nooyi. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Then, in 1986, she moved on to Motorola as a senior executive. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. Thereafter she became the CEO of it in 2006. [43] She will help draft the state's new economic development strategy. Nooyi has an estimated net worth of $290 million. Aruna Sairam, a carnatic musician from South India, is Indras aunt. As a result, the web page can not be displayed. [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. Indra Nooyi entrepreneur . [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. 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. 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. 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. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. 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. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. 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. Her initiative was backed up with ample funding. [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. Indra Nooyi Autobiography . Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. 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). Indra Nooyi's daughters are both highly educated. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. Indra was born in Madras, India. This is what a great leader does. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. 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. [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. She also went to the Yale School of Management for her further education. The current net worth of Indra Nooyi is $80 million. [35], Nooyi's strategic redirection of PepsiCo, called Performance with a Purpose,[36] has been largely successful and involved creating long-term growth while leaving a positive impact on society and the environment. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. Mrs. . Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. They married soon after her graduation and their daughter Preetha was born in 1984. Over the next couple of years, she worked closely with the new CEO, Roger Enrico, and worked on shaping the companys future expansion and growth strategies. 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. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Updates? Nooyi resides in Greenwich, Connecticut, with her two daughters. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. The win, however, wasnt enough. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. How To Create Folders Quickly Based On Cell Values In Excel? She is also an advisor to several early-stage companies. [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. Till now she has been reflected to be a great asset for many prestigious companies and by the time, she started getting golden offers for head positions in many largest companies in the world. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Ms Nooyi is married and has two daughters. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. 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! In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. There is an issue between Cloudflare's cache and your origin web server. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . Education. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. 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. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. 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. Your IP: December 8, 2022 She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. The companys sales increased by 80% during her tenure. Nooyi was accepted to Yale School of Management in 1978, and she moved to the United States in 1980 to complete her masters degree program in public and private management. Nooyi stopped using aspartame in Diet Pepsi in 2015. What changes did you see between when she attended and when you were a student? Indra Nooyi has always been highly innovative . Indra Nooyi. She has always denied supporting the so cold binding and conservative norms existing in society. 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. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. Our editors will review what youve submitted and determine whether to revise the article. Please include the Ray ID (which is at the bottom of this error page). Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. Qualification: B.S. Education: Madras Christian College, B.S. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. 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. 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. [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. 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. Read an excerpt here. Nooyi came in second place on Fortunes 2015 list of the most influential women. Under her guidance in 1997 divestiture Tricon, now known as Yum! 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. Through this incident, she realised that she wasn't completely prepared for the business world and decided to pursue further education at yale school of management in the U.S. in 1978. 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. Brands. 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 serves as an Honorary Co-chair for the World Justice Project. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. Cloudflare Ray ID: 7a2b1030c8fe1085 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). In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. On this Wikipedia the language links are at the top of the page across from the article title. All rights reserved. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. Indra receiving her masters degree from the Indian Institute of Management Calcutta. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). It would make her an absolutely unmarriageable commodity after that.. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. Despite financial aid, Nooyi had to work her way through her masters to survive. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. 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. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Her father was a bank official, and her mother was a house wife. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. 21, 2023 7:30 P.M. at Texas Hall. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. She did it anyway, with ample support from her parents.