In a middle-class but conservative family. 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. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Forbes named her the #3 most powerful woman in 2008. At the time, Indra was working for top consultancy BCG in Chicago. She would play guitar in a band and be often referred to as rebellion or wild. Click to reveal 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. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Indra Nooyi, the former Chairman and CEO of PepsiCo, candidly discusses the painful trade-offs working mothers face and how corporate America can help solve for the countrys care crisis. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Nooyi came in second place on Fortunes 2015 list of the most influential women. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. 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 has been constantly ranked among the world's most powerful women. Please include the Ray ID (which is at the bottom of this error page). Nooyi serves as an Honorary Co-chair for the World Justice Project. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. Education. 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. How I made $290 million while raising two children - The Telegraph After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. She loved to play cricket. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Indra Nooyi: A peek into her life, education and thriving career - U2B 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. Welcome to the BlogzBite.com Informational Article Web Page. I was a middle child . She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Aruna Sairam, a carnatic musician from South India, is Indras aunt. Indra Nooyi - Biography, Height & Life Story | Super Stars Bio [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. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. She played guitar in a band and was also a member of an all-girls' cricket teamactivities girls in her social strata rarely participated in. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. from Yale School of Management in 1978 School: Holy Angels Anglo Indian Higher Secondary School, Madras (now Chennai), India College: The Madras Christian College (MCC), Tambaram, Chennai, Tamil Nadu, India Indian Institute of Management Calcutta, Joka, Kolkata, West Bengal . Brands, Inc., which is today one of the world's largest fast food restaurant companies. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. December 8, 2022 Not utilising 50% of population is loss to country: Indra Nooyi Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. Daughters- Tara Nooyi, Preetha Nooyi: As recent as 1995, there were no female CEOs on the Fortune 500 list. 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. Indra is married to Raj Nooyi, Raj is a management consultant. 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. There is an unknown connection issue between Cloudflare and the origin web server. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. 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. My childhood home was defined by particularly progressive thinking when it came to educating women. [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. On August 6, 2018, Nooyi retired as CEO of PepsiCo and During her tenure, she made her contribution to the company's sales which grew about 80% higher. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. A CEOs most lasting contribution is oftentimes the intangible. 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). Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! In 2006, Indra Nooyi became the CEO of PepsiCo. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. Nooyi always focused on learning whether it comes from a positive or negative experience, she would learn and move on, even on other days she always tried to keep herself updated through learning that a hallmark of a great leader. Updates? SOURCE: Paul Morigi / Getty Images for Fortune / AFP. There is an issue between Cloudflare's cache and your origin web server. 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. Her father was a bank official. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. 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! She also went to the Yale School of Management for her further education. 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. 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. 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. [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]. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. [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. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. All rights reserved. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. WATCH Oct 13, 2021 Indra. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. 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. 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. This lovely couple has 2 daughters. 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. 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. 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. As a result, the web page can not be displayed. Indra Nooyi Autobiography . Her inspiring story has set an example for people of all ages and backgrounds. Indra Nooyi - Best-Selling Author & Former CEO and Chairman of PepsiCo She is married to Raj Nooyi, a management consultant of Indian origin. Poets&Quants - Executive Q&A: PepsiCo CEO Indra Nooyi Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend Cloudflare Ray ID: 7a2b1030c8fe1085 In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Indra K. Nooyi on Performance with Purpose - bcg.com [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. Nooyi was a member of the girl's cricket team. She has been a member of the All-Girls Cricket Team. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. There is an issue between Cloudflare's cache and your origin web server. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. ", "PepsiCo's CEO Indra Nooyi was right. In 2017, Forbes ranked her the second most powerful woman in business. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. 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 is the former Chairman and Chief Executive Officer of PepsiCo (2006-2019); a Fortune 50 company with operations in more than 180 countries. Meet Indra Indra Nooyi Brands, one of the largest fast food companies in the world. She enjoyed being a learner and graduated in 1980. In addition, Nooyi was in charge of the Tropicana acquisition in 1998 and the merger with the Quaker Oats Company that led to Gatorade in 2001. In 2001 she was named president and chief financial officer of the company. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. In that same year, she was named an Outstanding American by choice by the US State Department. Nooyi resides in Greenwich, Connecticut, with her two daughters. 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. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . 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. Her father was a bank official. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. [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. Our aim is to provide you all the latest informational articles related to different niches, because we know knowledge is power and we want to be your medium of power. 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. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. [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. What changes did you see between when she attended and when you were a student? In 1986, she moved to Motorola as a senior executive in the automotive division development team. Indra Nooyi is an exemplary embodiment of modern business leadership. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. [17] In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant,[18] and then worked at Motorola as vice president and Director of Corporate Strategy and Planning,[18] followed by a stint at Asea Brown Boveri. Omissions? In 2018, many feared this inspirational powerhouse was stepping aside when she announced her 12-year reign as PepsiCos CEO and chairman was coming to a close. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. 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. Ms Nooyi is the recipient of 15 honorary degrees. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. [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). She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. [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. Indra Nooyi: Her journey from a middle-class family to CEO 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.