However, Nooyi continued to serve as the chairman of the company until early 2019. Please refer to the appropriate style manual or other sources if you have any questions. Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend Indra Nooyi - Person Profile - Cointime After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. Her job with Johnson & Johnson was quite a challenging one as she was made responsible for managing the introduction of Stayfree sanitary napkins to India. 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. In 2023, women now make up 8.8% of CEOs on the list. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. Performance & security by Cloudflare. [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 is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . 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. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. Indra Nooyi Biography is very inspiring. [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's memoir, a New York Times bestseller, offers insight and a call-to-action from one of the world's most-admired business leaders on how our society can blend work and family and advance women in the 21st century. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! In 2017, Forbes ranked her, the second most powerful woman in business. What changes did you see between when she attended and when you were a student? Indra Nooyi. [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. Indra Nooyi has always been highly innovative . Her father was a bank official, and her mother was a house wife. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Indra Nooyi - Making A Mark In The Business World 103.74.118.106 She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). 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. 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. 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 . 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. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. [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. This is what a great leader does. From a skin care guru to big tech executives, meet the newest additions to Forbes latest list of the countrys most successful women entrepreneurs, executives and entertainers. She was educated at Holy Angels Anglo Indian Higher Secondary School. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Through this incident, she realised that she wasn't completely prepared for the business world and decided to pursue further education at yale school of management in the U.S. in 1978. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. She enjoyed being a learner and graduated in 1980. [3][4][5], She has consistently ranked among the world's 100 most powerful women. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. [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. She possessed a rebellious streak as a young girl, and was known to be wild. (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). She was educated at Holy Angels Anglo Indian Higher Secondary School. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. WATCH Oct 13, 2021 Indra. Citations for Medalists. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. A brilliant student, she earned a seat in one of Indias premier institutions, Indian Institute of Management Calcutta, from where she completed a Post Graduate Diploma in Management (MBA), in 1976. Brands. 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. 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. The companys sales increased by 80% during her tenure. In her book 'My Life in Full', former PepsiCo CEO and Chair Indra Nooyi (above) makes a plea to men: Come to the table on gender equality.. And, no wonder. Her first job was with Tootal, a British textile company which had extensive holdings in India. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. The win, however, wasnt enough. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. Mrs. . Mrs. Nooyi is married and has two daughters. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. 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. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. Her inspiring story has set an example for people of all ages and backgrounds. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Daughters- Tara Nooyi, Preetha Nooyi: Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Omissions? [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. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. from Madras Christian College in 1974 P.G.D.M. However, Nooyis move was a step up to focus on championing workplace equality. 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. Then she proceeded to the Yale School of Management to further her education and worked with Boston Consulting Group (BCG), Motorola and Asea Brown Boveri. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. She moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the "fun" offerings. Indra K. Nooyi, "Indra Krishnamurthy Nooyi Receives Honorary Doctorate From NYU", "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list", "Babson College Commencement 2004: Citations for Medalists", "PepsiCo president Indra Nooyi elected to Yale Corporation", "Amazon.com, Inc. - Officers and directors", "Temasek launches Americas Advisory Panel", "PepsiCo CEO Indra Nooyi Joins Trump's Business Council", "Ex-PepsiCo CEO Indra Nooyi joins Amazon's board", "Class of 1951 Distinguished Lecture Series and Chair for Leadership Study", "MIT School of Engineering | Dean's Advisory Council", "MIT Corporation elects 12 term members, three life members", "Indra Nooyi becomes Yale's biggest alumni donor", "A gift that keeps giving: Indra Nooyi is 'most generous graduate' of Yale school of management - India News , Firstpost", "Distribution of 200K books to Connecticut students could start next week", "PepsiCo's CEO shares the trick that has helped her stay married for 37 years", "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar", "Clinton, Nooyi, Sonia among "World's Powerful Moms" list", "7 CEOs with notably devout religious beliefs", "Indra Nooyi on making Pepsico "good for you and me", PepsiCo names Nooyi CEO as Reinemund retires, The Pepsi Challenge, profile Indra Nooyi (Fortune), Reference for Business: Indra Nooho Leadership Biography, Video of discussion with Indra Nooyi at the Asia Society, New York, 4/14/2009, Harvard Business Review: Becoming a Better Corporate Citizen, https://en.wikipedia.org/w/index.php?title=Indra_Nooyi&oldid=1142689078, American chief executives of food industry companies, Indian Institute of Management Calcutta alumni, Recipients of the Padma Bhushan in trade and industry, American chief executives of Fortune 500 companies, Articles with dead external links from January 2018, Articles with permanently dead external links, Articles with dead external links from August 2021, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles with unsourced statements from June 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 21:20. Her initiative was backed up with ample funding. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Education, Family , Ethnicity & Boyfriend :-School Name: . Tuesday, Mar. 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. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Cloudflare Ray ID: 7a2b1030c8fe1085 Indra Nooyi Net Worth . Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Her mother was the driving force behind her good grades. She celebrates her birthday on 28 October. 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. 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. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. 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. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Indra Nooyi Interview . She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. 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. She also serves on the International Advisory Council of Temasek; is an independent director of the International Cricket Council; and a trustee at the National Gallery of Art. Indra Nooyi's daughters are both highly educated. Aruna Sairam, a carnatic musician from South India, is Indras aunt. Forbes rated her 13th in 2014. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. 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. She proved to be a great success at this job and by the mid-1990s, she was aggressively being courted by corporate headhunters and offered lucrative positions in some of the worlds largest companies. She loved to play cricket. 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. Nooyi came in second place on Fortunes 2015 list of the most influential women. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. As a result, the web page can not be displayed. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. [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]. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. 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. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. Worked at British textile company Tootal in India . Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. She also went to the Yale School of Management for her further education. Nagar. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. Please include the Ray ID (which is at the bottom of this error page). On August 6, 2018, Nooyi retired as CEO of PepsiCo and During her tenure, she made her contribution to the company's sales which grew about 80% higher. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business Indra Nooyi - Forbes In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. Forbes named her the #3 most powerful woman in 2008. In 2019, her portrait was inducted into the Smithsonian National Portrait Gallery, and in 2021 she was inducted into the National Womens Hall of Fame. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. 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. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. 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. 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. She completed her studies in India. Brands, one of the largest fast food companies in the world. This lovely couple has 2 daughters. What do PepsiCo, Motorola and Amazon have in common? [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. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. 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. What experiences do you share in common? began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. 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. Her father was a bank official, and her mother was a house wife. Get Tickets. 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. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. 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. Our editors will review what youve submitted and determine whether to revise the article. In 2001 she was named president and chief financial officer of the company. 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. While every effort has been made to follow citation style rules, there may be some discrepancies. 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. 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. 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. [41] During her tenure, the company's sales grew 80%. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. 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 has an estimated net worth of $290 million. 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. [6] In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women[7] and was ranked the second most powerful woman on the Fortune list in 2015 and 2017. [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. Indra K. Nooyi on Performance with Purpose - bcg.com She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company.

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