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[65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Citations for Medalists. 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. 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. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. What do PepsiCo, Motorola and Amazon have in common? PepsiCo CEO until 1994 and CFO until 2001, respectively. 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. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. She was educated at Holy Angels Anglo Indian Higher Secondary School. Indra Nooyi - The University of Texas at Arlington Cloudflare monitors for these errors and automatically investigates the cause. Forbes ranked her 13th in 2014. The current net worth of Indra Nooyi is $80 million. Your IP: Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Corrections? 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. Famous People in USA PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. 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. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). In a middle-class but conservative family. While every effort has been made to follow citation style rules, there may be some discrepancies. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. Stay Realistic:- Running behind things that aren't even real is just a waste of time and resources, being a leader or an employee you should set and decide what's realistic and even possible to attain. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. from IIM Calcutta in 1977 M.A. 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. She grew up in a close family with two siblings, her parents, and her grandparents. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. Brands. 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] 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. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. Additional troubleshooting resources. [46], While CEO of PepsiCo in 2011, Nooyi earned $17 million, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value and deferred remuneration of $3 million. From April 2015 until April 2020, she was a director of Schlumberger Limited. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. 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). [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. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. As a result, the web page can not be displayed. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. Eve The couple has two daughters. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. 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. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. 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. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. 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. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. 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. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. Biography of Sundar Pichai. She has attained this prestige as a strategist. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. 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. [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. Indra Nooyi - Career, Education, Net Worth & Pepsico She did it anyway, with ample support from her parents. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Her first job was with Tootal, a British textile company which had extensive holdings in India. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. Her mother Shantha Krishnamurthy was a house maker. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. How To Create Folders Quickly Based On Cell Values In Excel? 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 celebrates her birthday on 28 October. 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. A CEOs most lasting contribution is oftentimes the intangible. [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 an icon of success, resilience, and hard work. 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. 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. She was consistently . She thoroughly enjoyed her learning experience at Yale and graduated in 1980. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. 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. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. She completed her studies in India. 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. Tuesday, Mar. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . 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 continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. 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. She moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the "fun" offerings. Please refer to the appropriate style manual or other sources if you have any questions. 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! A natural born leader. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. Laurie Spens Photography. Image Credits: Dave Puente Photography. Omissions? 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. Eventually she moved on to work with Johnson & Johnson as a product manager. Nooyi resides in Greenwich, Connecticut, with her two daughters. ", "PepsiCo's CEO Indra Nooyi was right. [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. Indra K. Nooyi, "Indra Krishnamurthy Nooyi Receives Honorary Doctorate From NYU", "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list", "Babson College Commencement 2004: Citations for Medalists", "PepsiCo president Indra Nooyi elected to Yale Corporation", "Amazon.com, Inc. - Officers and directors", "Temasek launches Americas Advisory Panel", "PepsiCo CEO Indra Nooyi Joins Trump's Business Council", "Ex-PepsiCo CEO Indra Nooyi joins Amazon's board", "Class of 1951 Distinguished Lecture Series and Chair for Leadership Study", "MIT School of Engineering | Dean's Advisory Council", "MIT Corporation elects 12 term members, three life members", "Indra Nooyi becomes Yale's biggest alumni donor", "A gift that keeps giving: Indra Nooyi is 'most generous graduate' of Yale school of management - India News , Firstpost", "Distribution of 200K books to Connecticut students could start next week", "PepsiCo's CEO shares the trick that has helped her stay married for 37 years", "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar", "Clinton, Nooyi, Sonia among "World's Powerful Moms" list", "7 CEOs with notably devout religious beliefs", "Indra Nooyi on making Pepsico "good for you and me", PepsiCo names Nooyi CEO as Reinemund retires, The Pepsi Challenge, profile Indra Nooyi (Fortune), Reference for Business: Indra Nooho Leadership Biography, Video of discussion with Indra Nooyi at the Asia Society, New York, 4/14/2009, Harvard Business Review: Becoming a Better Corporate Citizen, https://en.wikipedia.org/w/index.php?title=Indra_Nooyi&oldid=1142689078, American chief executives of food industry companies, Indian Institute of Management Calcutta alumni, Recipients of the Padma Bhushan in trade and industry, American chief executives of Fortune 500 companies, Articles with dead external links from January 2018, Articles with permanently dead external links, Articles with dead external links from August 2021, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles with unsourced statements from June 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 21:20. Indra Nooyi Biography is very inspiring. Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo 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. She is also an advisor to several early-stage companies. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. 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. in 2001, she became one of the Board of Directors of PepsiCo. 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. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Indra was born in Madras, India. Laurie Spens Photography. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Education. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Copyright BlogzBite 2021. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. It would make her an absolutely unmarriageable commodity after that.. Indra Nooyi - Biography & Career Accomplishments - Thomasnet As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Indra Nooyi | Biography & Facts | Britannica Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. 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. Ms Nooyi is the recipient of 15 honorary degrees. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. Breaking The Glass Ceiling: 8 Inspirational Women In Leadership How I made $290 million while raising two children - The Telegraph Forbes named her the #3 most powerful woman in 2008. Work Life Balance for Women . 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. [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 1994, she was offered two jobs that stood out from the rest. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. In a radio interview, Nooyi stated that PepsiCo is getting ready to launch products designed and packaged as per women's preferences, and based on behavioral differences in the way men and women consume snacks. She studied physics, chemistry and mathematics before graduating in 1974. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. 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. Indra Nooyi Net Worth . Indra Nooyi - Person Profile - Cointime Indra Nooyi Bio, Age, Wife, Education, Salary, Net, PepsiCo Nooyi, Indra | Encyclopedia.com In 2011, Nooyi earned $17 million as CEO of PepsiCo, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value, and deferred remuneration of $3 million. Despite financial aid, Nooyi had to work her way through her masters to survive. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. 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. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. 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. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. 0, Last Updated on December 13, 2022 by admin. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. 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! [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. ; Indian Institute of Management, M.B.A.; Yale University, M.S. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. What experiences do you share in common? She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. In 2001 she was named president and chief financial officer of the company. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. The World Justice Project works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity. 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. 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. Then, in 1986, she moved on to Motorola as a senior executive. Proud Mother And CEO: Indra Nooyi And Her Daughters Let us know if you have suggestions to improve this article (requires login). I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. 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 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. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Her success caught the attention of recruiters across the US. In 2017, Forbes ranked her the second most powerful woman in business. Indra Nooyi | Board of Director at Amazon | Former CEO of PepsiCo Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. 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. She was born on 28 October 1955 in Chennai, India. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. 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 . Not utilising 50% of population is loss to country: Indra Nooyi

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