Nooyi resides in Greenwich, Connecticut, with her two daughters. A Conversation with Indra Nooyi. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. Her father was a bank official, and her mother was a house wife. PepsiCo CEO until 1994 and CFO until 2001, respectively. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! Her success caught the attention of recruiters . Performance & security by Cloudflare. [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]. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. 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. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. Indra Nooyi Education. Nagar. Read an excerpt here. Indra Nooyi Interview . She celebrates her birthday on 28 October. Updates? [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. While every effort has been made to follow citation style rules, there may be some discrepancies. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. Her mother Shantha Krishnamurthy was a house maker. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. [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. Nooyi stated in an interview with a radio station that PepsiCo is getting ready to launch snacks based on the behavioral differences between mens and womens snacking habits. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. Nooyi was president and chief financial officer before becoming CEO. She also aggressively pursued international expansion. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. She also used to play guitar in a band. 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. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. 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. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. What do PepsiCo, Motorola and Amazon have in common? Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. 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). Image Credits: Dave Puente Photography. 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. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. As a result, the web page can not be displayed. The current net worth of Indra Nooyi is $80 million. My Life in Full: Work, Family, and Our Future. She is also an advisor to several early-stage companies. [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. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. [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. She is 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. My Life in Full is a New York Times bestseller and available in multiple languages. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . 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. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. Then, in 1986, she moved on to Motorola as a senior executive. Qualification: B.S. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. Despite financial aid, Nooyi had to work her way through her masters to survive. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. In 2017, Forbes ranked her the second most powerful woman in business. 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. Awards and Milestones. Nooyi served as the companys CEO (200618) and chairman of the board (200719). At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. Indra is married to Raj Nooyi, Raj is a management consultant. Nooyi earned a bachelors degree in chemistry from Madras Christian College in 1976 and a masters degree in business administration from the Indian Institute of Management in Calcutta two years later. She was educated at Holy Angels Anglo Indian Higher Secondary School. [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). One offer came from General Electric, the other from PepsiCo. Nooyi serves as an Honorary Co-chair for the World Justice Project. in 1997. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. In a middle-class but conservative family. [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. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. [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. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Please refer to the appropriate style manual or other sources if you have any questions. [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. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. 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. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Indras memoir, a New York Times bestseller, offers insight and a call-to-action from one of the worlds most-admired business leaders on how our society can blend work and family and advance women in the 21st century. She had her second daughter Tara in 1992. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. All rights reserved. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. My life in full Indra nooyi 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. Nooyi is a Successor Fellow of the Yale Corporation. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. 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. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. 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. Level Up Your Small Business with Digital Marketing: Tips, Tricks, and Best Practices, Breaking the Smoking Habit: How to Quit Smoking for Good, List of Important National and International Holidays, Days and Dates in Year 2023 | 2023 Download Free PDF. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. Education: Madras Christian College, B.S. The company was able to accelerate its share buyback strategy thanks to the financial benefits of this spinoff, giving it more leverage to pursue acquisitions in the future without as much shareholder opposition. 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. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. Then, in 1986, she moved on to Motorola as a senior executive. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. It would make her an absolutely unmarriageable commodity after that.. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. 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. She was honored with the Padma Bhushan by the President of India in 2007. [83][87], Nooyi also serves as the Class of 1951 Chair for the Study of Leadership at West Point,[88] a Dean's Advisory Council member at MIT's School of Engineering,[89] and a member of the MIT Corporation. Indra Nooyi is an exemplary embodiment of modern business leadership. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. Children: Tara Nooyi, Preetha Nooyi Education: University of Madras (BS), Indian Institute of Management, Calcutta (MBA), Yale University (MS) Indra Nooyi is an Indian-American businesswoman, best known as the former chief executive officer of the PepsiCo company. She loved to play cricket. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Nooyi played a pivotal part in getting these restaurants divested in 1997. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. because we know knowledge is power and we want to be your medium of power. 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. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. 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. In 1986, she moved to Motorola as a senior executive in the automotive division development team. 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 . As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market.

Catherine Shanahan Quack, 100 Ways To Wear A Wrap Dress Instructions, Articles I