[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. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. The chairman and chief executive officer of PepsiCo explains how tomorrow's leaders must develop a personal understanding of the markets and cultures in China, India, and other emerging markets. 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. Our editors will review what youve submitted and determine whether to revise the article. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. Aruna Sairam, a carnatic musician from South India, is Indras aunt. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Indra Nooyi's daughters are both highly educated. Indra receiving her masters degree from the Indian Institute of Management Calcutta. Indra K. Nooyi on Performance with Purpose - bcg.com She did it anyway, with ample support from her parents. Indra Nooyi - Best-Selling Author & Former CEO and Chairman of PepsiCo She also used to play guitar in a band. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. from IIM Calcutta in 1977 M.A. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. Indra Nooyi become CEO of PepsiCo when she was 50 years old, her diversified experience in different departments of different companies made her wise and far-sighted, and also increased her enthusiasm, and even after 12 years of service she maintained or even increased the quality and level of her enthusiasm this is a quality of a true leader. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. 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. Through her tenacious organizational skills and imaginative innovation, she was able to adeptly manage the complexities of her role, adding immense value to overall operations. Nooyi is 67 years old as of 2022. [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 companys sales increased by 80% during her tenure. My life in full Indra nooyi In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. 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. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. My Life in Full is a New York Times bestseller and available in multiple languages. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. There is an unknown connection issue between Cloudflare and the origin web server. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. Indra Nooyi - Career, Education, Net Worth & Pepsico Nooyi played a pivotal part in getting these restaurants divested in 1997. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. [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. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. Indra Nooyi: Biography, Family, Education - Javatpoint 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. 103.74.118.106 With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. She completed her studies in India. 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. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. from Madras Christian College in 1974 P.G.D.M. 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. This will save you time, money, and strength. 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. Laurie Spens Photography. A natural born leader. All rights reserved. Indra Nooyi Biography is very inspiring. They write new content and verify and edit content received from contributors. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Indra Nooyi has always been highly innovative . Indra Nooyi entrepreneur . Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. WATCH Oct 13, 2021 Indra. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business In 2017, Forbes ranked her the second most powerful woman in business. 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. After joining PepsiCo, Nooyi has made her prominent and significant contributions which lead the companys global strategy and focused on extensive expansion and restructuring process, all the restaurants were divestiture. Born into a middle-class family in Chennai, she came a very long way. 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). I was a middle child . [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. This lovely couple has 2 daughters. She loved to play cricket. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Poets&Quants - Executive Q&A: PepsiCo CEO Indra Nooyi Her father was a bank official. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. [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. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. 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. [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. 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. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir, My Life in Full: Work, Family and Our Future. 0, Last Updated on December 13, 2022 by admin. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. [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. 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 of the company. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. [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. Indra Nooyi Net Worth . Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. [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. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. One offer came from General Electric, the other from PepsiCo. She was educated at Holy Angels Anglo Indian Higher Secondary School. She grew up in a close family with two siblings, her parents, and her grandparents. She is married to Raj Nooyi, a management consultant of Indian origin. [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]. She has always denied supporting the so cold binding and conservative norms existing in society. Awards and Milestones. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Despite financial aid, Nooyi had to work her way through her masters to survive. The Inspirational Indra Nooyi and Her Success Story! 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. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. When it comes to leadership, the odds have always been stacked against women. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. Indra Nooyi | Biography & Facts | Britannica [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. At the time, Indra was working for top consultancy BCG in Chicago. 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. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. 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. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. 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. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. She celebrates her birthday on 28 October. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. The experience made her determined to gain an advanced qualification, but this time, in the US. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. Indra Nooyi is an icon of success, resilience, and hard work. How I made $290 million while raising two children - The Telegraph 2023 Forbes Media LLC. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. Nooyi stated in an interview with a radio station that PepsiCo is getting ready to launch snacks based on the behavioral differences between mens and womens snacking habits. 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. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Indra Nooyi Bio, Age, Wife, Education, Salary, Net, PepsiCo She is also an advisor to several early-stage companies. 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. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Indra Nooyi Education . 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. Her mother was the driving force behind her good grades. 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. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! There she had gained enough experience of working on diversifying strategic projects for 6 successive years. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. She also aggressively pursued international expansion. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Her inspiring story has set an example for people of all ages and backgrounds. Eve Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. She holds a B.S. Although analysts expressed surprise at the timing of Nooyis appointment as chairman (her predecessor, Steven Reinemund, had served just five years before abruptly deciding to retire), many praised the skills that she would bring to the job. 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. Nooyi serves as an Honorary Co-chair for the World Justice Project. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. Image Credits: Dave Puente Photography. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. In 2017, Forbes ranked her, the second most powerful woman in business. Author Talks: Indra Nooyi on leadership, life, and crafting a better [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. In this position, she worked on a variety of strategy projects for the next six years. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. Her father was a bank official, and her mother was a house wife. Mrs. Nooyi is married and has two daughters. 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. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. 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. Mrs. . She would play guitar in a band and be often referred to as rebellion or wild. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. 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. All Rights Reserved. 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. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. What experiences do you share in common? 21, 2023 7:30 P.M. at Texas Hall. Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. Indra Nooyi - Forbes