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Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. Her determination and dedication to her job have shown that anything is possible with the right mindset. Aruna Sairam, a carnatic musician from South India, is Indras aunt. Work Life Balance India . 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. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. Her younger daughter, Tara, graduated from Yale University. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. They married soon after her graduation and their daughter Preetha was born in 1984. 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. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. 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. 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. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. She has been a member of the All-Girls Cricket Team. Our editors will review what youve submitted and determine whether to revise the article. She used to play guitar in an all-girl rock band. [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. Everything goes old after a day, life keeps on going and getting upgraded. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. 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. [16] Nooyi has been constantly ranked among the world's most powerful women. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. 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. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. [citation needed] Acquiring Tropicana allowed PepsiCo to gain a competitive edge; Tropicana at the time captured 44% of the chilled orange juice segment, the fastest growing segment of the juice market, an especially positive metric when compared to Coca-Cola's Minute Maid which captured less than half of Tropicana's market share. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. My Life in Full: Work, Family, and Our Future. 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. 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. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. Please include the Ray ID (which is at the bottom of this error page). Cloudflare monitors for these errors and automatically investigates the cause. 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. This is what a great leader does. In that same year, she was named an Outstanding American by choice by the US State Department. [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. According to an Equilar study, Nooyi held the position of CEO for a total of 12 years, which is seven years longer than the typical tenure of CEOs at large corporations. 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 was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. While every effort has been made to follow citation style rules, there may be some discrepancies. My Life in Full: Work, Family and Our Future. Nooyi was accepted to Yale School of Management in 1978, and she moved to the United States in 1980 to complete her masters degree program in public and private 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. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. She changed her job yet again in 1990, this time accepting the post of senior vice president and director of corporate strategy and strategic marketing at Asea Brown Boveri (ABB). When it comes to leadership, the odds have always been stacked against women. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. 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. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. [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. How To Create Folders Quickly Based On Cell Values In Excel? Her father was a bank official. 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. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. [81] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[82] and the Lincoln Center for the Performing Arts. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. 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. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Nooyi served as the companys CEO (200618) and chairman of the board (200719). She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. 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. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. 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. Work Life Balance for Women . Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. It would make her an absolutely unmarriageable commodity after that.. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. The companys sales increased by 80% during her tenure. For some people age is just a number, many great leaders didn't stop even at the age of 40 and 50 and even more. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. [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. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. Nooyi earned a bachelors degree in chemistry from Madras Christian College in 1976 and a masters degree in business administration from the Indian Institute of Management in Calcutta two years later. ", Former PepsiCo CEO and Power Women listee Indra Nooyi writes for Forbes on how paid leave fueled her path to power: "I wouldnt have been there without paid leave.". 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. in 2001, she became one of the Board of Directors of PepsiCo. Under her guidance in 1997 divestiture Tricon, now known as Yum! The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. ", "PepsiCo's CEO Indra Nooyi was right. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. President and Chief Financial Officer of Pepsico. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. Her mother Shantha Krishnamurthy was a house maker. Brands. 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. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. All rights reserved. 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. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. 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. Brands, one of the largest fast food companies in the world. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. As recent as 1995, there were no female CEOs on the Fortune 500 list. My Life in Full is a New York Times bestseller and available in multiple languages. Nooyi joined the board of Amazon in 2019. 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. [32] In 2014, she was ranked #13 by Forbes. She grew up in a close family with two siblings, her parents, and her grandparents. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. Indra Nooyi. During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCos total shareholder return was 162% beating the S&P over the same period. Nooyi was a member of the girl's cricket team. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. In 2001, she was named president and chief financial officer. She was honored with the Padma Bhushan by the President of India in 2007. Associate Editor, Encyclopdia Britannica. Thereafter she became the CEO of it in 2006. Indra receiving her masters degree from the Indian Institute of Management Calcutta. The win, however, wasnt enough. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. [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. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. In 1994, she joined PepsiCo. 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). In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Additional troubleshooting resources. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Brands, Inc., which is today one of the world's largest fast food restaurant companies. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. 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/. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. She was consistently . She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Please include the Ray ID (which is at the bottom of this error page). Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Cloudflare Ray ID: 7a2b1030c8fe1085 Initially, she faced the problem and struggled with her job at Johnson & Johnson as she was assigned the work of introducing Stayfree sanitary napkins in India. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. 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! Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. 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. Tuesday, Mar. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Her success caught the attention of recruiters across the US. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Nooyi is 67 years old as of 2022. The couple has two daughters. Indra Nooyi Net Worth . It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. In her childhood, she was a rebellious young girl and was known to be "wild". She studied physics, chemistry and mathematics before graduating in 1974. 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.

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