But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. Nooyi joined the board of Amazon in 2019. Before joining PepsiCo in 1994, Ms Nooyi spent four years as Senior Vice President of Strategy, Planning and Strategic Marketing for Asea Brown Boveri, a Zurich-based company. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Worked at British textile company Tootal in India . [81] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[82] and the Lincoln Center for the Performing Arts. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. 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. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. In 2017, Forbes ranked her, the second most powerful woman in business. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. She also aggressively pursued international expansion. Nooyi, Indra | Encyclopedia.com 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. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Nagar. 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. 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. 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 . Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! On Forbes' list of the " World's Powerful Moms ", Indra came in third place. [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. 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. Famous People in USA PepsiCo CEO until 1994 and CFO until 2001, respectively. In that same year, she was named an Outstanding American by choice by the US State Department. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. [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. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). Forbes named her the #3 most powerful woman in 2008. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . 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. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. 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 Americas childcare crisis. 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 . 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. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. The Success Story of Indra Nooyi | The Global Hues [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. When it comes to leadership, the odds have always been stacked against women. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Indra Nooyi | Biography & Facts | Britannica READ: Meet Arvind Krishna: The Rising Star of the Corporate World. 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. Indra Nooyi: A peek into her life, education and thriving career - U2B Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. 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. Brands, Inc., which is today one of the world's largest fast food restaurant companies. Nooyi is a Successor Fellow of the Yale Corporation. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. This is what a great leader does. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Her father was a bank official, and her mother was a house wife. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Eventually she moved on to work with Johnson & Johnson as a product manager. In 2008, Forbes ranked her as the third-most powerful woman. 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. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. Proud Mother And CEO: Indra Nooyi And Her Daughters The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. In 1978, she moved to the USA for higher studies. 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. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. 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. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. Her father was a bank official. [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. Indra Nooyi Education. Indra Nooyi Bio, Age, Wife, Education, Salary, Net, PepsiCo Cloudflare monitors for these errors and automatically investigates the cause. Indra receiving her masters degree from the Indian Institute of Management Calcutta. Under her guidance in 1997 divestiture Tricon, now known as Yum! But she hasnt given up on corporate life just yet in 2019, it was reported that Nooyi would join Amazon on its board of directors. The Inspirational Indra Nooyi and Her Success Story! My life in full Indra nooyi In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. because we know knowledge is power and we want to be your medium of power. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. The following year it was announced that Nooyi would be stepping down as CEO in October and as chairman of the board in early 2019. Indra Nooyi - Making A Mark In The Business World Nooyi is 67 years old as of 2022. In 2023, women now make up 8.8% of CEOs on the list. 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. 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? She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Indra Nooyi - Career, Education, Net Worth & Pepsico When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. Education: Madras Christian College, B.S. Get Tickets. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. As a result, the web page can not be displayed. Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). 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 during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. 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. She proved to be a great success at this job and by the mid-1990s, she was aggressively being courted by corporate headhunters and offered lucrative positions in some of the worlds largest companies. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. in 1997. Indra Nooyi Education . She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. Biography of Sundar Pichai. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. Her mother was the driving force behind her good grades. 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. The current net worth of Indra Nooyi is $80 million.