As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. Education, Family , Ethnicity & Boyfriend :-School Name: . 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. She is married to Raj Nooyi, a management consultant of Indian origin. [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. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. Courses & Certifications; Research & Resources; Scholarships . She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. 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. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. 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, one of the largest fast food companies in the world. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. She grew up in a close family with two siblings, her parents, and her grandparents. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. 0, Last Updated on December 13, 2022 by admin. [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 2023, women now make up 8.8% of CEOs on the list. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Corrections? She thoroughly enjoyed her learning experience at Yale and graduated in 1980. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). 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. ; Indian Institute of Management, M.B.A.; Yale University, M.S. 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. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. Her mother was the driving force behind her good grades. from Yale School of Management in 1978 School: Holy Angels Anglo Indian Higher Secondary School, Madras (now Chennai), India College: The Madras Christian College (MCC), Tambaram, Chennai, Tamil Nadu, India Indian Institute of Management Calcutta, Joka, Kolkata, West Bengal . By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. [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. 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. There is an issue between Cloudflare's cache and your origin web server. December 8, 2022 A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. A CEOs most lasting contribution is oftentimes the intangible. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. 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. 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. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. 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. This will save you time, money, and strength. [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 moved to the United States to join Yale School of Management in 1978 and pursued a master's degree in Public and Private Management. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Indra Nooyi Autobiography . Her first job was with Tootal, a British textile company which had extensive holdings in India. What changes did you see between when she attended and when you were a student? Nooyi joined the board of Amazon in 2019. My Life in Full is a New York Times bestseller and available in multiple languages. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. [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]. Awards and Milestones. [16] Image Credits: Dave Puente Photography. Nooyi is 67 years old as of 2022. 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. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. 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. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. 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. 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. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. Your IP: 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. Image Credits: Dave Puente Photography. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. There is an unknown connection issue between Cloudflare and the origin web server. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. She chose to join PepsiCo in 1994 and quickly rose up the ranks to be named its CEO in 2006, Notable Alumni: Indian Institute Of Management, Calcutta, Madras Christian College, education: Yale University, University Of Madras, Indian Institute Of Management, Calcutta, Madras Christian College, awards: CNN-IBN Indian of the Year Global Indian, See the events in life of Indra Nooyi in Chronological Order, http://landing.ju.edu/globalcitizen/current.html, https://timesofindia.indiatimes.com/sports/cricket/news/icc-appoints-indra-nooyi-as-its-first-independent-female-director/articleshow/62848619.cms, https://www.beveragedaily.com/Article/2018/10/03/Indra-Nooyi-Five-lessons-I-ve-learned-as-PepsiCo-CEO, https://www.theceomagazine.com/business/management-leadership/spotlight-on-pepsico-ceo-indra-nooyi/, https://www.hindustantimes.com/world-news/ex-pepsico-ceo-indra-nooyi-says-it-ll-cause-third-world-war-if-she-join-politics/story-gsXPzIT88jSocNYPGYYGdP.html, http://www.new-corner.com/the-pepsi-challenge-indra-nooyi-ceo-pepsico/, http://desiceo.com/shinning-star-indra-nooyi/. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Nooyi resides in Greenwich, Connecticut, with her two daughters. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. Then, in 1986, she moved on to Motorola as a senior executive. Nooyi is a Successor Fellow of the Yale Corporation. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Education: Madras Christian College, B.S. Her success caught the attention of recruiters . Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. 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. Worked at British textile company Tootal in India . [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. PepsiCo's former chair and CEO Indra Nooyi retired in 2019 after 24 years with the company, half of which she spent in the top job. Indra Nooyi. 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. 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. Work Life Balance India . 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. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. [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. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. [32] In 2014, she was ranked #13 by Forbes. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. Indra Nooyi is an exemplary embodiment of modern business leadership. She is also an advisor to several early-stage companies. She has always denied supporting the so cold binding and conservative norms existing in society. What do PepsiCo, Motorola and Amazon have in common? Famous People in USA [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. 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. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. Indra is married to Raj Nooyi, Raj is a management consultant. 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. One offer came from General Electric, the other from PepsiCo. They married soon after her graduation and their daughter Preetha was born in 1984. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. 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. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. In 2020, company-operated U.S. facilities are using 100% renewable electricity. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. She also aggressively pursued international expansion. in 2001, she became one of the Board of Directors of PepsiCo. She has been a member of the All-Girls Cricket Team. 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. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. Performance & security by Cloudflare. 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. Indra Nooyi entrepreneur . In 2006, Indra Nooyi became the CEO of PepsiCo. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. Biography of Sundar Pichai. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. [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. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. In a middle-class but conservative family. 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. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. [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. A natural born leader. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. Brands. Our aim is to provide you all the latest informational articles related to different niches, 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? The current net worth of Indra Nooyi is $80 million. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. At the time, Indra was working for top consultancy BCG in Chicago. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. There is an issue between Cloudflare's cache and your origin web server. [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. Soon after, she shifted her focus to business and decided to pursue an MBA at the Indian Institute of Management in Calcutta which at the time, was just one of two schools in the country that offered the now career-transforming programme. From April 2015 until April 2020, she was a director of Schlumberger Limited. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. 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. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. This lovely couple has 2 daughters. 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. 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. In 2001, she was named president and chief financial officer. Nooyi has been constantly ranked among the world's most powerful women. A Conversation with Indra Nooyi. [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. 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. [43] She will help draft the state's new economic development strategy. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. The couple has two daughters. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Education. Under her guidance in 1997 divestiture Tricon, now known as Yum! Indra was born in Madras, India.