[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. She used to play guitar in an all-girl rock band. 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. Read an excerpt here. In a middle-class but conservative family. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. 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! 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. [35], As part of Performance with a Purpose, Nooyi also focused on environmental concerns and sustainability, redesigning packaging to reduce waste, conserving water, switching to renewable energy sources and recycling. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. Performance & security by Cloudflare. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. She also aggressively pursued international expansion. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. 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). [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. 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 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. 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. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Education, Family , Ethnicity & Boyfriend :-School Name: . 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. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. She possessed a rebellious streak as a young girl, and was known to be wild. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. 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. The experience made her determined to gain an advanced qualification, but this time, in the US. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. Then, in 1986, she moved on to Motorola as a senior executive. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. In 2019, her portrait was inducted into the Smithsonian National Portrait Gallery, and in 2021 she was inducted into the National Womens Hall of Fame. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. 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 was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. In 1986, she moved to Motorola as a senior executive in the automotive division development team. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. 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. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. from Madras Christian College in 1974 P.G.D.M. 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 was educated at Holy Angels Anglo Indian Higher Secondary School. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. Indra Nooyi is an exemplary embodiment of modern business leadership. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. Her determination and dedication to her job have shown that anything is possible with the right mindset. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. 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 named 2009 CEO of the Year by Global Supply Chain Leaders Group. Biography of Sundar Pichai. Fortune magazine named Indra Nooyi No.1 on its annual ranking of Most Powerful Women in business for five consecutive years from 2006 to 2010. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. 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. 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 . 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. 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. Her mother Shantha Krishnamurthy was a house maker. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. Nagar. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. 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. Eve She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Welcome to the BlogzBite.com Informational Article Web Page. Thereafter she became the CEO of it in 2006. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. 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. Nooyi has been constantly ranked among the world's most powerful women. The companys sales increased by 80% during her tenure. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. Forbes named her the #3 most powerful woman in 2008. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Her initiative was backed up with ample funding. Her success caught the attention of recruiters . Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! Everything goes old after a day, life keeps on going and getting upgraded. Indra Nooyi, the former Chairman and CEO of PepsiCo, candidly discusses the painful trade-offs working mothers face and how corporate America can help solve for the countrys care crisis. The chairman and chief executive officer of PepsiCo explains how tomorrow's leaders must develop a personal understanding of the markets and cultures in China, India, and other emerging markets. Under her guidance in 1997 divestiture Tricon, now known as Yum! Please include the Ray ID (which is at the bottom of this error page). 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. 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. [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. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Nooyi serves as an Honorary Co-chair for the World Justice Project. 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. Updates? [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. Please refer to the appropriate style manual or other sources if you have any questions. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. This is what a great leader does. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. 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. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. [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. In 1994, she was offered two jobs that stood out from the rest. Write in eighth-grade language to reach the broadest audience. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. 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. 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. Both of these ventures proved to be highly profitable to the company. What changes did you see between when she attended and when you were a student? In 2007 and 2008, she was one of Times 100 Most Influential People in the World. 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. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. Indra with her husband Raj and daughters, Preetha and Tara. 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. PepsiCo CEO until 1994 and CFO until 2001, respectively. In 2001 she was named president and chief financial officer of the company. Omissions? 0, Last Updated on December 13, 2022 by admin. Her fortune stems from stock she was granted while working at PepsiCo. Now what? (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). Listed among Time's 100 Most Influential People in The World in 2007 and 2008. She would play guitar in a band and be often referred to as rebellion or wild. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. ", Former PepsiCo CEO and Power Women listee Indra Nooyi writes for Forbes on how paid leave fueled her path to power: "I wouldnt have been there without paid leave.". She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. She is also an advisor to several early-stage companies. From April 2015 until April 2020, she was a director of Schlumberger Limited. They married soon after her graduation and their daughter Preetha was born in 1984. She was educated at Holy Angels Anglo Indian Higher Secondary School. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. 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. 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. [32] In 2014, she was ranked #13 by Forbes. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. 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. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. Brands, Inc., which is today one of the world's largest fast food restaurant companies. Corrections? 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. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. 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. 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. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. In 2008, Forbes ranked her third among the most powerful women. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. Holy Angels Anglo Indian Higher Secondary School, Indian Americans in the New York City metropolitan area, "2007 Outstanding American by Choice Recipients", United States Citizenship and Immigration Services, "Indra Nooyi and Chandrika Tandon - pg.7", "PepsiCo CEO Indra Nooyi Is Stepping Down After 12 Years", "PepsiCo, Inc. (NYSE:PEP): Second Quarter 2010 Earnings Preview", "Forbes Magazine's List of The World's 100 Most Powerful Women", "The 19 Most Powerful Women In Business 2017: CEOs And More With Ambitious Goals", "PepsiCo's former CEO Indra Nooyi joins Amazon's Board of Directors", "ICC appoints Indra Nooyi as Independent Director", "Indra Nooyi: The Indian executive who broke glass ceiling in corporate America", "Indra Nooyi, Chairman and Periya thala of PepsiCo, Named CEO of the Year by GSCLG", "Departing PepsiCo CEO Indra Nooyi Did It Her Way", "How Indra Nooyi changed the face of PepsiCo", "PepsiCo: Is It One Of The Best Dividend Stocks?
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