She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. [54][55], Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010. Nooyi resides in Greenwich, Connecticut, with her two daughters. When it comes to leadership, the odds have always been stacked against women. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. Please refer to the appropriate style manual or other sources if you have any questions. Cloudflare monitors for these errors and automatically investigates the cause. [91][92] Nooyi and her husband Raj donated 187,000 Scholastic books to Connecticut's alliance school districts as part of the Partnership for Connecticut during the COVID-19 crisis. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. 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. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. How Jeff Bezos And Indra Nooyi Make Simple Their Superpower, The Celebrities On Forbes 2022 List Of Richest Self-Made Women, PepsiCos Indra Nooyi, The Queen Of Pop, Shares Her Tips For Bringing Compassionate Leadership To Work, To Become A Future Purpose-Driven Leader, Cultivate These Skills Now, 2021 Forbes Power Womens Summit: Power Pairing: Solving For The Care Crisis, Indra Nooyi: Why Paid Leave Is A Human Issue, Not A Political One, Forbes Announces 2021 Power Womens Summit, Recognizing Trailblazing Leaders Who Are Reshaping The World, Indra Nooyi: "We Need To Stop Talking About Childcare As A Female Issue" | Two Minute Takeaway | Forbes, Indra Nooyi Built This Foundational Skill To Become PepsiCo CEO, Indra Nooyi On Owning Her Authentic Self: "What You See Is What You Get" | Two Minute Takeaway | Forbes, Indra Nooyi To Big Business: "You Should Be Thanking Working Mothers For What We Do" | The Takeaway | Forbes, Dolly Parton, Indra Nooyi And The 13 Other Newcomers To Forbes 2021 List Of Americas Richest Self-Made Women, Indra Nooyis Passions: People, Performance & Purpose At PepsiCo And Beyond, Why PepsiCo's Indra Nooyi Will Be Hard To Replace, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Brands, one of the largest fast food companies in the world. Her mother Shantha Krishnamurthy was a house maker. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Corrections? Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. Work Life Balance India . Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). Brands. There is an issue between Cloudflare's cache and your origin web server. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. 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 . Indra Nooyi Net Worth . Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. 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 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. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. [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. My Life in Full: Work, Family, and Our Future. 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. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. She was consistently . She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. In this position, she worked on a variety of strategy projects for the next six years. In 2006, Indra Nooyi became the CEO of PepsiCo. It would make her an absolutely unmarriageable commodity after that.. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Her father was a bank official, and her mother was a house wife. She is also an advisor to several early-stage companies. My life in full Indra nooyi Her father was a bank official. 0, Last Updated on December 13, 2022 by admin. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. in 2001, she became one of the Board of Directors of PepsiCo. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! Indra is married to Raj Nooyi, Raj is a management consultant. Nooyi was a member of the girl's cricket team. On this Wikipedia the language links are at the top of the page across from the article title. The current net worth of Indra Nooyi is $80 million. In 2020, company-operated U.S. facilities are using 100% renewable electricity. Eve [41] During her tenure, the company's sales grew 80%. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. Please include the Ray ID (which is at the bottom of this error page). Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. This is what a great leader does. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. 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. Our aim is to provide you all the latest informational articles related to different niches, Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Her father was a bank official. Over the course of more than a decade, Nooyi was in charge of the companys global strategy and oversaw PepsiCos restructuring, which included the sale of Tricon to Yum! 2023 Forbes Media LLC. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. Then, in 1986, she moved on to Motorola as a senior executive. She would play guitar in a band and be often referred to as rebellion or wild. She is on the Deans Advisory Council at MITs School of Engineering and serves on the boards of the Memorial Sloan Kettering Cancer Center and the Partnership for Public Service. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. In 2017, Forbes ranked her the second most powerful woman in business. Indra Nooyi Interview . 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. Welcome to the BlogzBite.com Informational Article Web Page. 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. December 8, 2022 Her success caught the attention of recruiters . 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. 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! 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. and in 2021 was inducted into the National Women's Hall of Fame. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. [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. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. 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. Indra receiving her masters degree from the Indian Institute of Management Calcutta. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Nooyi was president and chief financial officer before becoming CEO. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. 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 is an icon of success, resilience, and hard work. [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. 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. She was born on 28 October 1955 in Chennai, India. Her experience at Johnson & Johnson made her realize that she was still unprepared for the business world, and thus she decided to pursue further education. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. Get Tickets. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. [32] In 2014, she was ranked #13 by Forbes. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Awards and Milestones. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. She has always denied supporting the so cold binding and conservative norms existing in society. 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. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). In 1980, Nooyi started working as a strategy consultant at the Boston Consulting Group (BCG) and then joined Motorola on the designation of Vice President and Director of Corporate Strategy and Planning, then she moved to join Johnson & Johnson on the designation of a product manager. 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. Under her guidance in 1997 divestiture Tricon, now known as Yum! In 2001, she was named president and chief financial officer. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. She was educated at Holy Angels Anglo Indian Higher Secondary School. The companys sales increased by 80% during her tenure. Her initiative was backed up with ample funding. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Copyright BlogzBite 2021. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. 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. Speakers Include Indra Nooyi, Sara Blakely, Dr. Jane Goodall, Rosalind Brewer, Naomi Campbell, Allyson Felix and Cynthia Nixon And More NEW YORK November 18, 2021 Forbes today announced its 2021 Forbes Power Womens Summit, taking place virtually on Thursday, December 9th. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. She has attained this prestige as a strategist. Tuesday, Mar. 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. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. 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. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. [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. This lovely couple has 2 daughters. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. Laurie Spens Photography. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. 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. 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. 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. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. In 2017, Forbes ranked her, the second most powerful woman in business. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. In a middle-class but conservative family. in 1997. She grew up in a close family with two siblings, her parents, and her grandparents. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. ", "PepsiCo's CEO Indra Nooyi was right. 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. 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. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. All Rights Reserved. [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. 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. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. She had her second daughter Tara in 1992. They write new content and verify and edit content received from contributors. In her childhood, she was a rebellious young girl and was known to be "wild". She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. 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. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. She also served as PepsiCo's senior vice president for corporate strategy and development from 1996 until 2000, and as PepsiCo's senior vice president for strategic planning from 1994 until 1996. My Life in Full is a New York Times bestseller and available in multiple languages. A CEOs most lasting contribution is oftentimes the intangible. 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. [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. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. 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. Nooyi is a Successor Fellow of the Yale Corporation. 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. In 1986, she moved to Motorola as a senior executive in the automotive division development team. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Click to reveal A Conversation with Indra Nooyi. Indra Nooyi entrepreneur . Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. Please include the Ray ID (which is at the bottom of this error page). She also used to play guitar in a band. 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. The pathway to where she is today began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Nooyi has been constantly ranked among the world's most powerful women. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. 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. [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. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. 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. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. Let us know if you have suggestions to improve this article (requires login). [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. While in India, she worked as a product manager with a couple of reputable firms After completing her education at Yale, she joined the Boston Consulting Group in 1980 as a corporate strategist.