A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. Nooyi resigned as CEO on August 6, 2018, and Ramon Laguarta, a 22-year PepsiCo veteran, took her place on October 3 and joined the board of directors. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. This is what a great leader does. My life in full Indra nooyi In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. Write in eighth-grade language to reach the broadest audience. . [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. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. 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 will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. [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. Education. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Indra Nooyi | Biography & Facts | Britannica Cloudflare Ray ID: 7a2b1030c8fe1085 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. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. 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. Get Tickets. Read an excerpt here. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. It was a fascinating experience because you couldnt advertise personal protection in India, she recalled in an interview with Sarah Murray of the Financial Times. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. 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. Her success caught the attention of recruiters across the US. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. Indra Nooyi's daughters are both highly educated. ", "Follow Indra Nooyi's example: Be a leader people want to follow", "PepsiCo CEO Indra Nooyi's long-term strategy put her job in jeopardy but now the numbers are in, and the analysts who doubted her will have to eat their words", "Indra Nooyi on making Pepsico 'good for you', "Indra Nooyi's Passions: People, Performance & Purpose At PepsiCo And Beyond", "PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New", "PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO", "PepsiCo CEO Indra Nooyi is stepping down", "Connecticut Governor Names Indian American Executive Indra Nooyi to CERC Board of Directors to Improve Economic Strategy", "A Wall Street exec volunteers, and Lamont readily accepts", "NE governors promise to cautiously ease COVID-19 restrictions", PepsiCo CEO Nooyi gets $17 mn in compensation, "PEPSICO INC Executive Salaries & Other Compensation", "PepsiCo's Indra K. Nooyi Elected Chairman of U.S.-India Business Council", "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal", "Academy Announces 2008 Class of Fellows", "America's Best Leaders: Indra Nooyi, PepsiCo CEO", India-born Indra Nooyi named CEO of the year, Brendan Wood International Announces 24 TopGun CEOs in the US, "Indra Nooyi second most powerful woman in US business", "Lin-Manuel Miranda, Jeff Bezos, Anna Wintour, and More in the National Portrait Gallery's Newest Additions", "League of Women Voters salutes Greenwich resident Nooyi", "Michelle Obama, Mia Hamm chosen for Women's Hall of Fame", "Wings Publication announces winners of India's most prestigious book award", "Indra Nooyi '80 Presented with Honorary Doctorate at Yale Commencement", Commencement Recipients Indra Krishnamurthy Nooyi, Freelon to Speak at NC State Commencement, Olympics, Weirdstones, Pepsi and New York feature in Warwick's Honorary Degrees, Miami University Miami Awards 3,967 Degrees at 2011 Commencement, "PepsiCo leader Nooyi to receive honorary degree from Penn State" | Penn State University, "Duke to award degrees to more than 4,400 graduates on Sunday, May 10" |, commencement 2009. 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 Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. Our editors will review what youve submitted and determine whether to revise the article. 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. The Inspirational Indra Nooyi and Her Success Story! She grew up in a close family with two siblings, her parents, and her grandparents. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Nooyi, Indra | Encyclopedia.com She used to play guitar in an all-girl rock band. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. 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. Indra with her husband Raj and daughters, Preetha and Tara. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. Click to reveal [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. On this Wikipedia the language links are at the top of the page across from the article title. Over the next couple of years, she worked closely with the new CEO, Roger Enrico, and worked on shaping the companys future expansion and growth strategies. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. 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. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. [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. My Life in Full: Work, Family and Our Future. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Indra receiving her masters degree from the Indian Institute of Management Calcutta. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. 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. At the time, Indra was working for top consultancy BCG in Chicago. Indra Nooyi: Biography, Family, Education - Javatpoint In that same year, she was named an Outstanding American by choice by the US State Department. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Cloudflare monitors for these errors and automatically investigates the cause. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. 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 was educated at Holy Angels Anglo Indian Higher Secondary School. Ms Nooyi is married and has two daughters. Image Credits: Dave Puente Photography. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. Image Credits: Dave Puente Photography. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. Laurie Spens Photography. In 2008, Forbes ranked her as the third-most powerful woman. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. Women in the World 116K subscribers At the 2019 Women in the World Summit, Indra Nooyi, former chairman and CEO of PepsiCo, says that she demanded her children be allowed to spend time with her. [8][9] She also serves on the boards of Amazon and the International Cricket Council. 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. 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. What do PepsiCo, Motorola and Amazon have in common? Brands, Inc., which is today one of the world's largest fast food restaurant companies. 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. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. All Rights Reserved. They write new content and verify and edit content received from contributors. In this position, she worked on a variety of strategy projects for the next six years. [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. 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. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. All rights reserved. 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. 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. Indra Nooyi - Biography & Career Accomplishments - Thomasnet On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. 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. Meet Indra Indra Nooyi Under her guidance in 1997 divestiture Tricon, now known as Yum! 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. 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 keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. As recent as 1995, there were no female CEOs on the Fortune 500 list. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. The Success Story of Indra Nooyi | The Global Hues The experience made her determined to gain an advanced qualification, but this time, in the US. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Her mother Shantha Krishnamurthy was a house maker. 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. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. For some people age is just a number, many great leaders didn't stop even at the age of 40 and 50 and even more. [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 was president and chief financial officer before becoming CEO. Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. Then, in 1986, she moved on to Motorola as a senior executive. How To Create Folders Quickly Based On Cell Values In Excel? Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Education, Family , Ethnicity & Boyfriend :-School Name: . Indra Nooyi Net Worth . In 2008, Forbes ranked her third among the most powerful women. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. 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. 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). In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo.
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