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[49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. On April 5, 2007, she was awarded the Padma Bhushan award by the President of India Dr.APJ Abul Kalam Azad at the Rashtrapati Bhavan. There is an unknown connection issue between Cloudflare and the origin web server. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. This is what a great leader does. Her father was a bank official, and her mother was a house wife. Indra Nooyi - Biography & Career Accomplishments - Thomasnet Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. 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? Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. Biography of Sundar Pichai. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Mrs. . Her initiative was backed up with ample funding. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. In that same year, she was named an Outstanding American by choice by the US State Department. [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. Till now she has been reflected to be a great asset for many prestigious companies and by the time, she started getting golden offers for head positions in many largest companies in the world. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Ms Nooyi is married and has two daughters. Qualification: B.S. [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. [40], On August 6, 2018, Nooyi stepped down as CEO, and Ramon Laguarta, a 22-year veteran of PepsiCo, replaced her on October 3, as well as becoming a member of the board of directors. Laurie Spens Photography. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. 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. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. 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). Indra Nooyi - Biography, Height & Life Story | Super Stars Bio [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. [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. A CEOs most lasting contribution is oftentimes the intangible. 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). 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. I was a middle child . At the time, Indra was working for top consultancy BCG in Chicago. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Indra Nooyi Books . Indra Nooyi Autobiography . 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. Nooyi serves as an Honorary Co-chair for the World Justice Project. Forbes ranked her 13th in 2014. Her father was a bank official, and her mother was a house wife. (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). [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. Nooyi is 67 years old as of 2022. [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. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. In 2006, Indra Nooyi became the CEO 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. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. Brands. In 2001, she was named president and chief financial officer. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Omissions? 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. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. [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]. 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. The Success Story of Indra Nooyi | The Global Hues [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. 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. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. Nooyi served as the companys CEO (200618) and chairman of the board (200719). She loved to play cricket. 0, Last Updated on December 13, 2022 by admin. From April 2015 until April 2020, she was a director of Schlumberger Limited. 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. A natural born leader. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. The companys sales increased by 80% during her tenure. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Get Tickets. 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. Cloudflare monitors for these errors and automatically investigates the cause. Nooyi is a Successor Fellow of the Yale Corporation. Click to reveal They write new content and verify and edit content received from contributors. 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. In 1978, she moved to the USA for higher studies. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. 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. Thereafter she became the CEO of it in 2006. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. What do PepsiCo, Motorola and Amazon have in common? Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Author Talks: Indra Nooyi on leadership, life, and crafting a better Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. 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. Proud Mother And CEO: Indra Nooyi And Her Daughters Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. 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. 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. Born into a middle-class family in Chennai, she came a very long way. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. 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's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. Her mother Shantha Krishnamurthy was a house maker. 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. There is an issue between Cloudflare's cache and your origin web server. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. She is married to Raj Nooyi, a management consultant of Indian origin. Image Credits: Dave Puente Photography. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. President and Chief Financial Officer of 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. 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/. My childhood home was defined by particularly progressive thinking when it came to educating women. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. Nooyi resides in Greenwich, Connecticut, with her two daughters. 2023 Forbes Media LLC. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. 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. Read Indras notes on work, family, and our future in her newsletter: The Care Crisis is No Labor Sideshow: Its a Main Event, Child Care is Core to Economic Growth: We Must Commit, Let's Get On With Equal Pay: It Speaks To Character, International Women's Day: The Day That Cant Drift By, Indra Nooyi and Lisa Kassenaar discuss her book after she is awarded the 2022 International Distinguished Entrepreneur Award (IDEA) by the Associates of the Asper School of Business (May 2022), Indra poses with Professor Modupe Akinola after receiving the Columbia Botwinick Prize in Business Ethics (April 2022), Student Isha Saeed with Indra at Harvard Business School (April 2022), Boston Globe CEO Lindra Henry in conversation with Indra at MIT (April 2022), Journalist Seema Mody moderates a discussion with Indra and Reshma Saujani in collaboration with the Asian American Businesss Development Center (April 2022), Indra speaks on a panel at the USC Marshall School of Business (March 2022), Indra with the USC-IBEAR MBA students (March 2022), Emirates Litfest Director Ahlam Bolooki moderates a discussion about Work, Family, and the Future with Indra and HE Reem Al Hashimy at the Dubai Expo (February 2021), Richard Dean moderates a fireside chat with Indra at the Emirates Lit Fest in Dubai (February 2022), Indra joins senior women leaders of the United Nations for their annual retreat in New York (March 2022), A dinner with the team behind My Life in Full (December 2021), Backdrop from a book party held in Indra's honor by The Asian American Foundation and BCG (December 2021), Indra with President Clinton, Former Secretary Clinton, and Huma Abedin at a book party hosted by The Asian American Foundation and BCG (December 2021), Indra gives remarks at a book party held in her honor by The Asian American Foundation and BCG (December 2021), Indra speaks about her book at Yale (November 2021), Indra joins Morgan Stanley's Seema Hingorani for a fireside chat at their New York offices (October 2021), Indra speaks at the New York Metropolitan Club, and is introduced by her former Chief of Staff, Erica Matthews (October 2021), Indra is inducted into the Asian Hall of Fame (October 2021), Indra joins Professor Adam Grant for a fireside chat for the Authors@Wharton series at the University of Pennsylvania (October 2021), A newly-inducted member, Indra visits the American Philosophical Society (October 2021), Indra with John Studzinski, PIMCO Vice Chair and the host of a book party held in her honor in the U.K. (October 2021), Indra joins London Business School students for a photo (October 2021), Indra joins Unilever's former CHRO, Leena Nair for a fireside chat in the U.K. (October 2021), Journalist Joanne Lipman moderates a conversation with Indra to celebrate the launch of her book, My Life in Full, at the Greenwich Library (September 2021), Celebrating the launch of My Life in Full with a cake (October 2021), Shooting the book trailer for My Life in Full (September 2021), Indra gets a first look at her memoir, My Life in Full (September 2021), Indra signs bookplates for readers (August 2021), Indra and her friend and writer, Lisa Kassenaar pose at Penguin Random House offices on the launch day of My Life in Full (September 2021), Indra records the audiobook version of My Life in Full (August 2021), Indra during a photoshoot with Dave Puente (July 2021), Indra and team begin work on My Life in Full (December 2019), Indra meets with her high school mentees (July 2021), Indra and her friend and writer, Lisa Kassenaar with the early copies of My Life in Full (July 2021). 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. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Our aim is to provide you all the latest informational articles related to different niches, As an employee of PepsiCo, Nooyi is credited to have directed the companys global strategy, leading to its extensive expansion and restructuring including the divestiture of its restaurants. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. Brands. The couple has two daughters. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. Ms Nooyi is the recipient of 15 honorary degrees. She was educated at Holy Angels Anglo Indian Higher Secondary School. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Indra Nooyi Education. Her fortune stems from stock she was granted while working at PepsiCo. [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. All rights reserved. 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. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. Aruna Sairam, a carnatic musician from South India, is Indras aunt. Her father was a bank official. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. Indra Nooyi. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. Nooyi stopped using aspartame in Diet Pepsi in 2015. 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. 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. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. How To Create Folders Quickly Based On Cell Values In Excel? 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. In 2001 she was named president and chief financial officer of the company. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. Her father was a bank official. [17] In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant,[18] and then worked at Motorola as vice president and Director of Corporate Strategy and Planning,[18] followed by a stint at Asea Brown Boveri. [3][4][5], She has consistently ranked among the world's 100 most powerful women. Education: Madras Christian College, B.S. [32] In 2014, she was ranked #13 by Forbes. 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. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. She became the school's biggest alumni donor in history and the first woman to endow a deanship at a top business school with her gift. The Inspirational Indra Nooyi and Her Success Story! In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. What experiences do you share in common? The couple has two daughters. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. Everything goes old after a day, life keeps on going and getting upgraded. She possessed a rebellious streak as a young girl, and was known to be wild. Her mother was the driving force behind her good grades. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. [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. Your IP: Her success caught the attention of recruiters . As a result, the web page can not be displayed.

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