Ms Nooyi is married and has two daughters. She loved to play cricket. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. In 2017, Forbes ranked her the second most powerful woman in business. My Life in Full: Work, Family, and Our Future. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. 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 couldnt afford to purchase professional workwear and spent most of her summer job in a sari. 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! I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. 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. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. [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. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. 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. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. What do PepsiCo, Motorola and Amazon have in common? [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. 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. In this position, she worked on a variety of strategy projects for the next six years. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. Image Credits: Dave Puente Photography. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. 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. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Indra Nooyi Biography is very inspiring. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Laurie Spens Photography. In 1994, she was offered two jobs that stood out from the rest. 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. [37] She reclassified PepsiCo's products into three categories: "fun for you" (such as potato chips and regular soda), "better for you" (diet or low-fat versions of snacks and sodas), and "good for you" (items such as oatmeal). There is an unknown connection issue between Cloudflare and the origin web server. She grew up in a close family with two siblings, her parents, and her grandparents. 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. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. 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. [15], 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. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. Famous People in USA The fifth chairman and CEO in PepsiCos 42-year history, Nooyi was the first woman to lead the soft-drink and snack-food giant and one of only 11 female chief executives of Fortune 500 companies. 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. Her younger daughter, Tara, graduated from Yale University. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. I was a middle child . Nooyi played a pivotal part in getting these restaurants divested in 1997. 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 began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. Write in eighth-grade language to reach the broadest audience. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. 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. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. Nooyi is 67 years old as of 2022. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. Associate Editor, Encyclopdia Britannica. PepsiCo CEO until 1994 and CFO until 2001, respectively. 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. Get Tickets. Brands, one of the largest fast food companies in the world. 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. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. Cloudflare Ray ID: 7a2b1030c8fe1085 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. Nooyi came in second place on Fortunes 2015 list of the most influential women. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. Indra Nooyi Education . She was educated at Holy Angels Anglo Indian Higher Secondary School. Her mother was the driving force behind her good grades. Citations for Medalists. 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. Born into a middle-class family in Chennai, she came a very long way. 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 moved to the United States to join Yale School of Management in 1978 and pursued a master's 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. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. She grew up in a close family with two siblings, her parents, and her grandparents. Click to reveal 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. Corrections? 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. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. 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. Please refer to the appropriate style manual or other sources if you have any questions. 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. ", "PepsiCo's CEO Indra Nooyi was right. from IIM Calcutta in 1977 M.A. The current net worth of Indra Nooyi is $80 million. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. It would make her an absolutely unmarriageable commodity after that.. 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. Forbes named her the #3 most powerful woman in 2008. (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Radhakishan Damani (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Ajaypal Banga (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Indra Nooyi (His childhood, education, career, personal life, achievements, what can one learn from his life). Omissions? She was educated at Holy Angels Anglo Indian Higher Secondary School. A brilliant student, she earned a seat in one of Indias premier institutions, Indian Institute of Management Calcutta, from where she completed a Post Graduate Diploma in Management (MBA), in 1976. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. 0, Last Updated on December 13, 2022 by admin. In her childhood, she was a rebellious young girl and was known to be "wild". Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. 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. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. In 2006, Indra Nooyi became the CEO of PepsiCo. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. In a middle-class but conservative family. Aruna Sairam, a carnatic musician from South India, is Indras aunt. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. 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! Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. 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. 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. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. [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 Nooyi Books . Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. She was born on 28 October 1955 in Chennai, India. 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. 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. There is an issue between Cloudflare's cache and your origin web server. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. When it comes to leadership, the odds have always been stacked against women. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. The experience made her determined to gain an advanced qualification, but this time, in the US. Copyright BlogzBite 2021. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. December 8, 2022 Her father was a bank official, and her mother was a house wife. 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. Qualification: B.S. Nooyi resides in Greenwich, Connecticut, with her two daughters. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. 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 is also an advisor to several early-stage companies. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! 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. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. 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. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. 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. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). Nooyi currently resides in Greenwich, Connecticut, and has two daughters. 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. 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. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. 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. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. 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. 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? [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Her first job was with Tootal, a British textile company which had extensive holdings in India. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. My Life in Full is a New York Times bestseller and available in multiple languages. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut.