Over the next couple of years, she worked closely with the new CEO, Roger Enrico, and worked on shaping the companys future expansion and growth strategies. When it comes to leadership, the odds have always been stacked against women. 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. [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. 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. Education. The current net worth of Indra Nooyi is $80 million. Performance & security by Cloudflare. [16] Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Citations for Medalists. Our editors will review what youve submitted and determine whether to revise the article. [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. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. I was a middle child . [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. Laurie Spens Photography. 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. 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. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. 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. Children: Tara Nooyi, Preetha Nooyi Education: University of Madras (BS), Indian Institute of Management, Calcutta (MBA), Yale University (MS) Indra Nooyi is an Indian-American businesswoman, best known as the former chief executive officer of the PepsiCo company. In 2017, Forbes ranked her the second most powerful woman in business. 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. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. 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. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Her first job was with Tootal, a British textile company which had extensive holdings in India. She holds a B.S. Additional troubleshooting resources. Eve Please include the Ray ID (which is at the bottom of this error page). https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Write in eighth-grade language to reach the broadest audience. Indra with her husband Raj and daughters, Preetha and Tara. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Indra Krishnamurthy Nooyi: Indra Nooyi, the former chair and CEO of PepsiCo, left the company in 2019 after serving for 24 years half of which she served in the top position. 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. Her younger daughter, Tara, graduated from Yale University. There is an unknown connection issue between Cloudflare and the origin web server. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. They married soon after her graduation and their daughter Preetha was born in 1984. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. 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 enjoyed being a learner and graduated in 1980. Image Credits: Dave Puente Photography. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. 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! The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Her initiative was backed up with ample funding. 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. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. [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. 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. 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. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. 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. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. 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. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. 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. [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. The companys sales increased by 80% during her tenure. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. [8][9] She also serves on the boards of Amazon and the International Cricket Council. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Your IP: 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. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. 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. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. Her success caught the attention of recruiters across the US. 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. 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/. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. [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. Soon after, she shifted her focus to business and decided to pursue an MBA at the Indian Institute of Management in Calcutta which at the time, was just one of two schools in the country that offered the now career-transforming programme. 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 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. 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 was a member of the girl's cricket team. Indra was born in Madras, India. The couple has two daughters. Mrs. Nooyi is married and has two daughters. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Holy Angels Anglo Indian Higher Secondary School, Indian Americans in the New York City metropolitan area, "2007 Outstanding American by Choice Recipients", United States Citizenship and Immigration Services, "Indra Nooyi and Chandrika Tandon - pg.7", "PepsiCo CEO Indra Nooyi Is Stepping Down After 12 Years", "PepsiCo, Inc. (NYSE:PEP): Second Quarter 2010 Earnings Preview", "Forbes Magazine's List of The World's 100 Most Powerful Women", "The 19 Most Powerful Women In Business 2017: CEOs And More With Ambitious Goals", "PepsiCo's former CEO Indra Nooyi joins Amazon's Board of Directors", "ICC appoints Indra Nooyi as Independent Director", "Indra Nooyi: The Indian executive who broke glass ceiling in corporate America", "Indra Nooyi, Chairman and Periya thala of PepsiCo, Named CEO of the Year by GSCLG", "Departing PepsiCo CEO Indra Nooyi Did It Her Way", "How Indra Nooyi changed the face of PepsiCo", "PepsiCo: Is It One Of The Best Dividend Stocks? Nooyi was president and chief financial officer before becoming CEO. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. She had her second daughter Tara in 1992. The experience made her determined to gain an advanced qualification, but this time, in the US. [28][29], Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[30][31] and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. What changes did you see between when she attended and when you were a student? This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Indra Nooyi, (born October 28, 1955, Madras [now Chennai], India), Indian-born American businesswoman who was instrumental in the lucrative restructuring and diversification of soft-drink manufacturer PepsiCo, Inc.s brands. Indra Nooyi Education. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. Welcome to the BlogzBite.com Informational Article Web Page. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. It would make her an absolutely unmarriageable commodity after that.. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. Fortune magazine named Indra Nooyi No.1 on its annual ranking of Most Powerful Women in business for five consecutive years from 2006 to 2010. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCo's pledge to do what's right for the business by being responsive to the needs of the world around it. 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. Despite financial aid, Nooyi had to work her way through her masters to survive. 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. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. Nooyi was responsible for guiding a major restructuring, which included the companys spin-off of its restaurantswhich included KFC, Pizza Hut, and Taco Bellinto Tricon Global Restaurants (which later became Yum! Nagar. Nooyi serves as an Honorary Co-chair for the World Justice Project. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. Click to reveal She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Get Tickets. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. [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. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. 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 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. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. Worked at British textile company Tootal in India . In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. PepsiCo CEO until 1994 and CFO until 2001, respectively. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. Mrs. . Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. As a result, the web page can not be displayed. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. In her childhood, she was a rebellious young girl and was known to be "wild". Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. 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. She was consistently . 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. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family.