Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. 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 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 . 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. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. Awards and Milestones. Indra Nooyi Biography is very inspiring. Ms Nooyi is the recipient of 15 honorary degrees. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. Brands, one of the largest fast food companies in the world. . She was an excellent and bright student, through which she got admission to one of India's prestigious institute named the Indian Institute of Management in Calcutta, she completed her Post Graduation in Management (MBA), in 1976. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. [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. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. [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. 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. Indra Nooyi - Wikipedia Your IP: Work Life Balance India . 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 possessed a rebellious streak as a young girl, and was known to be wild. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. Please include the Ray ID (which is at the bottom of this error page). in 1997. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. According to an Equilar study, Nooyi held the position of CEO for a total of 12 years, which is seven years longer than the typical tenure of CEOs at large corporations. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Cloudflare Ray ID: 7a2b1030c8fe1085 In 2023, women now make up 8.8% of CEOs on the list. 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. Eventually she moved on to work with Johnson & Johnson as a product manager. At the time, Indra was working for top consultancy BCG in Chicago. A CEOs most lasting contribution is oftentimes the intangible. However, Nooyis move was a step up to focus on championing workplace equality. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Indra Nooyi Books . Please refer to the appropriate style manual or other sources if you have any questions. Citations for Medalists. In this position, she worked on a variety of strategy projects for the next six years. Under her guidance in 1997 divestiture Tricon, now known as Yum! 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. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. [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. 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. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. Then, in 1986, she moved on to Motorola as a senior executive. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Read an excerpt here. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. 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 fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Her first job was with Tootal, a British textile company which had extensive holdings in India. Brands. Indra Nooyi Education Background In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. She was born on 28 October 1955 in Chennai, India. From April 2015 until April 2020, she was a director of Schlumberger Limited. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Nooyi also oversaw the acquisition of Tropicana Products and a merger with Quaker Oats Company both moves were part of a mission to branch out into more healthful drinks and foods. Indra Nooyi - Biography, Height & Life Story | Super Stars Bio She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. She had her second daughter Tara in 1992. 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. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. 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. [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. Meet Indra Indra Nooyi [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. She studied physics, chemistry and mathematics before graduating in 1974. They write new content and verify and edit content received from contributors. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. 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. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. Indra Nooyi has always been highly innovative . 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. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. 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. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. Forbes ranked her 13th in 2014. She was honored with the Padma Bhushan by the President of India in 2007. In 2020, company-operated U.S. facilities are using 100% renewable electricity. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. Education, Family , Ethnicity & Boyfriend :-School Name: . [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. The attendees at this years Women in Retail Leadership Summit filled the ballroom to hear the keynote interview with none other than the queen of pop herself, PepsiCos Indra Nooyi. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Her initiative was backed up with ample funding. Nooyi is 67 years old as of 2022. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. The win, however, wasnt enough. In 2006, Indra Nooyi became the CEO of PepsiCo. Our editors will review what youve submitted and determine whether to revise the article. (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). [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. She holds a B.S. As a result, the web page can not be displayed. Laurie Spens Photography. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Through this incident, she realised that she wasn't completely prepared for the business world and decided to pursue further education at yale school of management in the U.S. in 1978. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. 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. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. In 2008, Forbes ranked her as the third-most powerful woman. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. Nooyi is a Successor Fellow of the Yale Corporation. 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. Biography of Sundar Pichai. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. I was a middle child . 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. Women in the World 116K subscribers At the 2019 Women in the World Summit, Indra Nooyi, former chairman and CEO of PepsiCo, says that she demanded her children be allowed to spend time with her. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. In 1994, she joined 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. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. Indra with her husband Raj and daughters, Preetha and Tara. Omissions? But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. Her mother was the driving force behind her good grades. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. How To Create Folders Quickly Based On Cell Values In Excel? [43] She will help draft the state's new economic development strategy. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. In 2017, Forbes ranked her the second most powerful woman in business. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. A Conversation with Indra Nooyi. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. There is an issue between Cloudflare's cache and your origin web server. [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. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. 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. Indra Nooyi - The University of Texas at Arlington Welcome to the BlogzBite.com Informational Article Web Page. She celebrates her birthday on 28 October. She completed her studies in India. Copyright BlogzBite 2021. Daughters- Tara Nooyi, Preetha Nooyi: Performance & security by Cloudflare. Indra Nooyi: "I demanded that at 5 o'clock my kids were - YouTube In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Indra Nooyi entrepreneur . ", "Follow Indra Nooyi's example: Be a leader people want to follow", "PepsiCo CEO Indra Nooyi's long-term strategy put her job in jeopardy but now the numbers are in, and the analysts who doubted her will have to eat their words", "Indra Nooyi on making Pepsico 'good for you', "Indra Nooyi's Passions: People, Performance & Purpose At PepsiCo And Beyond", "PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New", "PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO", "PepsiCo CEO Indra Nooyi is stepping down", "Connecticut Governor Names Indian American Executive Indra Nooyi to CERC Board of Directors to Improve Economic Strategy", "A Wall Street exec volunteers, and Lamont readily accepts", "NE governors promise to cautiously ease COVID-19 restrictions", PepsiCo CEO Nooyi gets $17 mn in compensation, "PEPSICO INC Executive Salaries & Other Compensation", "PepsiCo's Indra K. Nooyi Elected Chairman of U.S.-India Business Council", "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal", "Academy Announces 2008 Class of Fellows", "America's Best Leaders: Indra Nooyi, PepsiCo CEO", India-born Indra Nooyi named CEO of the year, Brendan Wood International Announces 24 TopGun CEOs in the US, "Indra Nooyi second most powerful woman in US business", "Lin-Manuel Miranda, Jeff Bezos, Anna Wintour, and More in the National Portrait Gallery's Newest Additions", "League of Women Voters salutes Greenwich resident Nooyi", "Michelle Obama, Mia Hamm chosen for Women's Hall of Fame", "Wings Publication announces winners of India's most prestigious book award", "Indra Nooyi '80 Presented with Honorary Doctorate at Yale Commencement", Commencement Recipients Indra Krishnamurthy Nooyi, Freelon to Speak at NC State Commencement, Olympics, Weirdstones, Pepsi and New York feature in Warwick's Honorary Degrees, Miami University Miami Awards 3,967 Degrees at 2011 Commencement, "PepsiCo leader Nooyi to receive honorary degree from Penn State" | Penn State University, "Duke to award degrees to more than 4,400 graduates on Sunday, May 10" |, commencement 2009. 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. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. Indra Nooyi - Career, Education, Net Worth & Pepsico Now what? She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. Indra Nooyi: Latest Indra Nooyi News, Designation, Education, Net worth PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. Mrs. . There is an unknown connection issue between Cloudflare and the origin web server. December 8, 2022 [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. In 1986, she moved to Motorola as a senior executive in the automotive division development team. This will save you time, money, and strength. Nooyi has been constantly ranked among the world's most powerful women. 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. For Indra Nooyi, the First Lesson in Executive Ability Happened - Vogue Famous People in USA This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. Indra K. Nooyi on Performance with Purpose - bcg.com from Madras Christian College in 1974 P.G.D.M. One offer came from General Electric, the other from PepsiCo. Nooyi, Indra | Encyclopedia.com WATCH Oct 13, 2021 Indra. All Rights Reserved. My life in full Indra nooyi 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. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. Additional troubleshooting resources. Nooyi stopped using aspartame in Diet Pepsi in 2015. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. President and Chief Financial Officer of Pepsico. 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. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. [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. 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. 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. 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. 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. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. In 2001 she was named president and chief financial officer of the company. However, Nooyi continued to serve as the chairman of the company until early 2019. Ms Nooyi is married and has two daughters. [54][55], Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010.