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She had her second daughter Tara in 1992. Forbes named her the #3 most powerful woman in 2008. 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. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. Nooyi is a Successor Fellow of the Yale Corporation. All three multinationals have been graced by the presence of Indra Nooyi, one of the worlds most powerful woman who validated the saying, the future is female when she took on leadership positions at these multinationals. 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. 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. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. 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! Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. Her father was a bank official, and her mother was a house wife. 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. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. All Rights Reserved. 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. In 2023, women now make up 8.8% of CEOs on the list. Nooyi served as the companys CEO (200618) and chairman of the board (200719). She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. 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. Laurie Spens Photography. 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. 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). 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. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. 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. This is what a great leader does. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. From April 2015 until April 2020, she was a director of Schlumberger Limited. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. She holds a B.S. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. 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. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. 0, Last Updated on December 13, 2022 by admin. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. Her success caught the attention of recruiters across the US. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. [16] . With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. 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. She studied physics, chemistry and mathematics before graduating in 1974. 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. Nooyi was a member of the girl's cricket team. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. Famous People in USA She loved to play cricket. [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. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. [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. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. Indra Nooyi has always been highly innovative . in 1997. In 2020, company-operated U.S. facilities are using 100% renewable electricity. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. Now what? We at Blogzbite manage to write the blogs and content on a big range of topics like language, technology, health, sports, biographies, psychology, career and education, motivation, stories and many more. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. 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. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. 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. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. Nooyi received bachelor's degrees in physics, chemistry and mathematics from Madras Christian College of the University of Madras in 1975, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. 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. Thereafter she became the CEO of it in 2006. 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 Interview . In a middle-class but conservative 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. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. 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. As recent as 1995, there were no female CEOs on the Fortune 500 list. 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. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. She possessed a rebellious streak as a young girl, and was known to be wild. The company was able to accelerate its share buyback strategy thanks to the financial benefits of this spinoff, giving it more leverage to pursue acquisitions in the future without as much shareholder opposition. The win, however, wasnt enough. 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. Our aim is to provide you all the latest informational articles related to different niches, Forbes rated her 13th in 2014. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Get Tickets. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. 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. Nooyi joined the board of Amazon in 2019. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. 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. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. 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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. 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. 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/. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. They write new content and verify and edit content received from contributors. 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. The experience made her determined to gain an advanced qualification, but this time, in the US. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. 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. The current net worth of Indra Nooyi is $80 million. 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. 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. December 8, 2022 At the time, Indra was working for top consultancy BCG in Chicago. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Forbes ranked her 13th in 2014. There is an issue between Cloudflare's cache and your origin web server. 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. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. She would play guitar in a band and be often referred to as rebellion or wild. Let us know if you have suggestions to improve this article (requires login). 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. She has attained this prestige as a strategist. Read Indras notes on work, family, and our future in her newsletter: The Care Crisis is No Labor Sideshow: Its a Main Event, Child Care is Core to Economic Growth: We Must Commit, Let's Get On With Equal Pay: It Speaks To Character, International Women's Day: The Day That Cant Drift By, Indra Nooyi and Lisa Kassenaar discuss her book after she is awarded the 2022 International Distinguished Entrepreneur Award (IDEA) by the Associates of the Asper School of Business (May 2022), Indra poses with Professor Modupe Akinola after receiving the Columbia Botwinick Prize in Business Ethics (April 2022), Student Isha Saeed with Indra at Harvard Business School (April 2022), Boston Globe CEO Lindra Henry in conversation with Indra at MIT (April 2022), Journalist Seema Mody moderates a discussion with Indra and Reshma Saujani in collaboration with the Asian American Businesss Development Center (April 2022), Indra speaks on a panel at the USC Marshall School of Business (March 2022), Indra with the USC-IBEAR MBA students (March 2022), Emirates Litfest Director Ahlam Bolooki moderates a discussion about Work, Family, and the Future with Indra and HE Reem Al Hashimy at the Dubai Expo (February 2021), Richard Dean moderates a fireside chat with Indra at the Emirates Lit Fest in Dubai (February 2022), Indra joins senior women leaders of the United Nations for their annual retreat in New York (March 2022), A dinner with the team behind My Life in Full (December 2021), Backdrop from a book party held in Indra's honor by The Asian American Foundation and BCG (December 2021), Indra with President Clinton, Former Secretary Clinton, and Huma Abedin at a book party hosted by The Asian American Foundation and BCG (December 2021), Indra gives remarks at a book party held in her honor by The Asian American Foundation and BCG (December 2021), Indra speaks about her book at Yale (November 2021), Indra joins Morgan Stanley's Seema Hingorani for a fireside chat at their New York offices (October 2021), Indra speaks at the New York Metropolitan Club, and is introduced by her former Chief of Staff, Erica Matthews (October 2021), Indra is inducted into the Asian Hall of Fame (October 2021), Indra joins Professor Adam Grant for a fireside chat for the Authors@Wharton series at the University of Pennsylvania (October 2021), A newly-inducted member, Indra visits the American Philosophical Society (October 2021), Indra with John Studzinski, PIMCO Vice Chair and the host of a book party held in her honor in the U.K. (October 2021), Indra joins London Business School students for a photo (October 2021), Indra joins Unilever's former CHRO, Leena Nair for a fireside chat in the U.K. (October 2021), Journalist Joanne Lipman moderates a conversation with Indra to celebrate the launch of her book, My Life in Full, at the Greenwich Library (September 2021), Celebrating the launch of My Life in Full with a cake (October 2021), Shooting the book trailer for My Life in Full (September 2021), Indra gets a first look at her memoir, My Life in Full (September 2021), Indra signs bookplates for readers (August 2021), Indra and her friend and writer, Lisa Kassenaar pose at Penguin Random House offices on the launch day of My Life in Full (September 2021), Indra records the audiobook version of My Life in Full (August 2021), Indra during a photoshoot with Dave Puente (July 2021), Indra and team begin work on My Life in Full (December 2019), Indra meets with her high school mentees (July 2021), Indra and her friend and writer, Lisa Kassenaar with the early copies of My Life in Full (July 2021). When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. My Life in Full: Work, Family, and Our Future. Worked at British textile company Tootal in India . 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 attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. She was consistently . ", 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.".

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