She was part of the top management team responsible for the companys U.S. business as well as its worldwide industrial businesses, representing about $10 billion of ABBs $30 billion in global sales. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Tuesday, Mar. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. 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. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. In a radio interview, Nooyi stated that PepsiCo is getting ready to launch products designed and packaged as per women's preferences, and based on behavioral differences in the way men and women consume snacks. Citations for Medalists. Write in eighth-grade language to reach the broadest audience. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. Indra Nooyi has always been highly innovative . Nooyi has been constantly ranked among the world's most powerful women. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. 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. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Brands, Inc., which is today one of the world's largest fast food restaurant companies. Forbes named her the #3 most powerful woman in 2008. Eve Nooyi stopped using aspartame in Diet Pepsi in 2015. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. [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. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. Then, in 1986, she moved on to Motorola as a senior executive. Indra Nooyi is an icon of success, resilience, and hard work. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. 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 celebrates her birthday on 28 October. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. 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. from Madras Christian College, an M.B.A. from the Indian Institute of Management in Calcutta, and a Master of Public and Private Management from Yale University. Image Credits: Dave Puente Photography. Her younger daughter, Tara, graduated from Yale University. In 2001, she was named president and chief financial officer. 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. She also went to the Yale School of Management for her further education. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. 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. Nagar. They married soon after her graduation and their daughter Preetha was born in 1984. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. Her fortune stems from stock she was granted while working at PepsiCo. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. 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. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Biography of Sundar Pichai. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. I was a middle child . She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. 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 its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Her first job was with Tootal, a British textile company which had extensive holdings in India. In her childhood, she was a rebellious young girl and was known to be "wild". [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. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. 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. 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. Her inspiring story has set an example for people of all ages and backgrounds. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. 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. She has been a member of the All-Girls Cricket Team. 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. Indra receiving her masters degree from the Indian Institute of Management Calcutta. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. 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. Indra Nooyi is an Indian-born American business executive currently serving as the Chairperson and Chief Executive Officer of PepsiCo, one of the largest food and beverage businesses in the world. 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. All rights reserved. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. Laurie Spens Photography. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Everything goes old after a day, life keeps on going and getting upgraded. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. 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. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. 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 . A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. The companys sales increased by 80% during her tenure. In 2007, and 2008, Nooyi was selected for the Wall Street Journal's list of 50 women to watch, as well as Time's list of the 100 Most Influential People in the World. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). Indra Nooyi Autobiography . 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. Ms Nooyi is married and has two daughters. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Nooyi was president and chief financial officer before becoming CEO. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. In that same year, she was named an Outstanding American by choice by the US State Department. Click to reveal [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. She would play guitar in a band and be often referred to as rebellion or wild. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. [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. She loved to play cricket. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. Daughters- Tara Nooyi, Preetha Nooyi: In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. One offer came from General Electric, the other from PepsiCo. Nooyi directed the company's global strategy for more than a decade and led PepsiCo's restructuring, including the 1997 divestiture of Tricon, now known as Yum! She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. [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. When it comes to leadership, the odds have always been stacked against women. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. 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. In 2008, Forbes ranked her as the third-most powerful woman. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. 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. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. [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. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. 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. The current net worth of Indra Nooyi is $80 million. Nooyi was a member of the girl's cricket team. Nooyi also oversaw the acquisition of Tropicana Products and a merger with Quaker Oats Company both moves were part of a mission to branch out into more healthful drinks and foods. 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 a middle-class but conservative family. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. [22] The financial gains from this spinoff allowed the company to increase the pace of its share buyback strategy, thereby giving it more leverage to pursue future acquisitions without as much shareholder backlash. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. 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? Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir, My Life in Full: Work, Family and Our Future. Cloudflare monitors for these errors and automatically investigates the cause. Indra Nooyi Education . Brands. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. 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. Our aim is to provide you all the latest informational articles related to different niches, because we know knowledge is power and we want to be your medium of power. What do PepsiCo, Motorola and Amazon have in common? Performance & security by Cloudflare. Read an excerpt here. She was honored with the Padma Bhushan by the President of India in 2007. [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. Mrs. Nooyi is married and has two daughters. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. 21, 2023 7:30 P.M. at Texas Hall. In 1994, she joined PepsiCo. 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. This lovely couple has 2 daughters. from IIM Calcutta in 1977 M.A. 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. [16] Indra Nooyi Books . ", "PepsiCo's CEO Indra Nooyi was right. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. 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. Laurie Spens Photography. Get Tickets. Mrs. . Known to be a highly innovative, energetic, and hard working person, Nooyi has risen to become one of the top most female executives in the world from a modest beginning.
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