At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. 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. 21, 2023 7:30 P.M. at Texas Hall. 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. from Madras Christian College in 1974 P.G.D.M. Awards and Milestones. Nagar. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. My Life in Full: Work, Family and Our Future. Please include the Ray ID (which is at the bottom of this error page). Thereafter she became the CEO of it in 2006. Indra Nooyi | National Women's History Museum There, she joined an all-girls cricket team and played the guitar in an all-girls rock band both of which were uncommon for young girls in her country at the time. After joining PepsiCo, Nooyi has made her prominent and significant contributions which lead the companys global strategy and focused on extensive expansion and restructuring process, all the restaurants were divestiture. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. In 2006, Indra Nooyi became the CEO of PepsiCo. She was educated at Holy Angels Anglo Indian Higher Secondary School. Brands, one of the largest fast food companies in the world. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. 103.74.118.106 They write new content and verify and edit content received from contributors. In 2020, company-operated U.S. facilities are using 100% renewable electricity. [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. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. In 1994, she joined PepsiCo. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Nooyi served as the companys CEO (200618) and chairman of the board (200719). She also went to the Yale School of Management for her further education. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. In 2017, Forbes ranked her, the second most powerful woman in business. On this Wikipedia the language links are at the top of the page across from the article title. However, Nooyi continued to serve as the chairman of the company until early 2019. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. 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. [43] She will help draft the state's new economic development strategy. Citations for Medalists. The Inspirational Indra Nooyi and Her Success Story! [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. Additional troubleshooting resources. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. Brands. 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. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. 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 | Biography & Facts | Britannica Biography of Indra Nooyi (His childhood, education, career, personal Indra Nooyi Age, Biography, Husband & More StarsUnfolded Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. 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). 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. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Cloudflare monitors for these errors and automatically investigates the cause. All three multinationals have been graced by the presence of Indra Nooyi, one of the worlds most powerful woman who validated the saying, the future is female when she took on leadership positions at these multinationals. A Conversation with Indra Nooyi. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. [16] 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. Although analysts expressed surprise at the timing of Nooyis appointment as chairman (her predecessor, Steven Reinemund, had served just five years before abruptly deciding to retire), many praised the skills that she would bring to the job. ", "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. Then, in 1986, she moved on to Motorola as a senior executive. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. This is what a great leader does. In 1994, she was offered two jobs that stood out from the rest. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. My Life in Full is a New York Times bestseller and available in multiple languages. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . 2023 Forbes Media LLC. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. 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. President and Chief Financial Officer of Pepsico. 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. All rights reserved. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. [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. Indra receiving her masters degree from the Indian Institute of Management Calcutta. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. Her father was a bank official. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. In 1990 she again changed her job and went, to Asea Brown Boveri (ABB) on the designation of senior vice president and director of the corporate strategy and strategic marketing. Indra Nooyi is an exemplary embodiment of modern business leadership. 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/. Eventually she moved on to work with Johnson & Johnson as a product manager. This lovely couple has 2 daughters. There is an unknown connection issue between Cloudflare and the origin web server. She also used to play guitar in a band. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. 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. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. 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. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. The couple has two daughters. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). She is married to Raj Nooyi, a management consultant of Indian origin. 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. Indra Nooyi - Biography, Height & Life Story | Super Stars Bio She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. 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. She was born on 28 October 1955 in Chennai, India. Poets&Quants - Executive Q&A: PepsiCo CEO Indra Nooyi 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 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. In 2008, Forbes ranked her as the third-most powerful woman. 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. When it comes to leadership, the odds have always been stacked against women. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. 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. [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. 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. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. 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. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. 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. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCos pledge to do whats right for the business by being responsive to the needs of the world around it. 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. Corrections? [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. What do PepsiCo, Motorola and Amazon have in common? [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. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. 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. How I made $290 million while raising two children - The Telegraph Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). 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. The win, however, wasnt enough. Indra Nooyi Laurie Spens Photography. Nooyi joined the board of Amazon in 2019. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Indra Krishnamurthy Nooyi: Indra Nooyi, the former chair and CEO of PepsiCo, left the company in 2019 after serving for 24 years half of which she served in the top position. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Biography of Sundar Pichai. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. One offer came from General Electric, the other from PepsiCo. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. What experiences do you share in common? Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. 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. Forbes named her the #3 most powerful woman in 2008. 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. [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. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. She loved to play cricket. 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. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari.