On Forbes' list of the " World's Powerful Moms ", Indra came in third place. As recent as 1995, there were no female CEOs on the Fortune 500 list. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. [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. Associate Editor, Encyclopdia Britannica. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. (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). Indra Nooyi is an exemplary embodiment of modern business leadership. Her mother was the driving force behind her good grades. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Despite financial aid, Nooyi had to work her way through her masters to survive. Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. [43] She will help draft the state's new economic development strategy. 2023 Forbes Media LLC. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Her inspiring story has set an example for people of all ages and backgrounds. Indra Nooyi has always been highly innovative . She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. In 1994, she joined PepsiCo. [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. She possessed a rebellious streak as a young girl, and was known to be wild. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. 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 legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. My Life in Full: Work, Family, and Our Future. Daughters- Tara Nooyi, Preetha Nooyi: In 2007 and 2008, she was one of Times 100 Most Influential People in the World. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. Her first job was with Tootal, a British textile company which had extensive holdings in India. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Additional troubleshooting resources. Ms Nooyi is the recipient of 15 honorary degrees. [41] During her tenure, the company's sales grew 80%. They married soon after her graduation and their daughter Preetha was born in 1984. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. 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. What changes did you see between when she attended and when you were a student? [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. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. Then, in 1986, she moved on to Motorola as a senior executive. She holds a B.S. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. In 2017, Forbes ranked her, the second most powerful woman in business. In 1986, she then started working as a senior executive in the automotive division development team in Motorola, and soon in 1988, because of her diligence, she was promoted to the designation of vice president and director of corporate strategy and planning. Her father was a bank official. 0, Last Updated on December 13, 2022 by admin. 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. 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. There is an unknown connection issue between Cloudflare and the origin web server. 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. Mrs. Nooyi is married and has two daughters. [32] In 2014, she was ranked #13 by Forbes. Nooyi serves as an Honorary Co-chair for the World Justice Project. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo [21] Prior to becoming CEO, Nooyi served as president and chief financial officer, beginning in 2001, she was also named to PepsiCo's board of directors. The companys sales increased by 80% during her tenure. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. 21, 2023 7:30 P.M. at Texas Hall. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. Nooyi joined the board of Amazon in 2019. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. [23] Nooyi also took the lead in the acquisition of Tropicana in 1998,[24] and the merger with Quaker Oats Company, which also brought Gatorade in 2001. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. [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. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. [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. The couple has two daughters. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). Indra Nooyi Education. 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 has been a member of the All-Girls Cricket Team. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. Indra K. Nooyi on Performance with Purpose - bcg.com As a result, the web page can not be displayed. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Worked at British textile company Tootal in India . 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. This lovely couple has 2 daughters. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. 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. [8][9] She also serves on the boards of Amazon and the International Cricket Council. On this Wikipedia the language links are at the top of the page across from the article title. 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. This will save you time, money, and strength. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. 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. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. Citations for Medalists. in 2001, she became one of the Board of Directors of PepsiCo. [3][4][5], She has consistently ranked among the world's 100 most powerful women. While every effort has been made to follow citation style rules, there may be some discrepancies. 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. In 2017, Forbes ranked her the second most powerful woman in business. She was honored with the Padma Bhushan by the President of India in 2007. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Author Talks: Indra Nooyi on leadership, life, and crafting a better With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. Indra is married to Raj Nooyi, Raj is a management consultant. She has attained this prestige as a strategist. What do PepsiCo, Motorola and Amazon have in common? She was constantly working for PepsiCo for a couple of years under the guidance of Roger Enrico who was the new CEO and started working on the strategies for the companys diversification, extensive expansion, and constant growth. 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 couldnt afford to purchase professional workwear and spent most of her summer job in a sari. [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. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Nooyi was named on Wall Street Journal's list of 50 women to watch 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. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. 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. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. 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. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. [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. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . 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. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. PepsiCo Chairman & CEO Indra Nooyi became the most generous lifetime benefactor in the history of the Yale School of Management P&Q: You have a daughter, Preetha, who earned her MBA at Yale. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. Copyright BlogzBite 2021. 103.74.118.106 Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. In 1986, she moved to Motorola as a senior executive in the automotive division development team. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. Indra Nooyi Age, Biography, Husband & More StarsUnfolded Famous People in USA Nooyi, Indra | Encyclopedia.com How To Create Folders Quickly Based On Cell Values In Excel? She was born on 28 October 1955 in Chennai, India. Born into a middle-class family in Chennai, she came a very long way. 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 led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! Forbes named her the #3 most powerful woman in 2008. In 2023, women now make up 8.8% of CEOs on the list. Laurie Spens Photography. Let us know if you have suggestions to improve this article (requires login). Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. 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. However, Nooyi continued to serve as the chairman of the company until early 2019. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. Indra Nooyi - Career, Education, Net Worth & Pepsico Between 2019-2022, Ms Nooyi served as the Class of 1951 Chair for the Study of Leadership at West Point where she worked with the Department of Behavioral Sciences and Leadership to fulfill the mission of character at the U.S. Military Academy at West Point. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. [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. Indra Nooyi - Forbes 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. Indra Nooyi - Biography & Career Accomplishments - Thomasnet She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. 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. 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. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. Our aim is to provide you all the latest informational articles related to different niches, In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. There is an issue between Cloudflare's cache and your origin web server. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. Brands. Indra Nooyi | National Women's History Museum She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. 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. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Indra Nooyi - Making A Mark In The Business World After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. 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.
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