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. ", 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.". [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. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. 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 1978, she moved to the USA for higher studies. 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. 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. In a middle-class but conservative family. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. 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. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. They married soon after her graduation and their daughter Preetha was born in 1984. The World Justice Project works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity. Get Tickets. Image Credits: Dave Puente Photography. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. 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. from Madras Christian College in 1974 P.G.D.M. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. [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. [3][4][5], She has consistently ranked among the world's 100 most powerful women. She was born on 28 October 1955 in Chennai, India. She has always denied supporting the so cold binding and conservative norms existing in society. 21, 2023 7:30 P.M. at Texas Hall. 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 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. Indra with her husband Raj and daughters, Preetha and Tara. Nooyi stopped using aspartame in Diet Pepsi in 2015. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. 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. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. 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. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. However, Nooyis move was a step up to focus on championing workplace equality. [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. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. She did it anyway, with ample support from her parents. [40], On August 6, 2018, Nooyi stepped down as CEO, and Ramon Laguarta, a 22-year veteran of PepsiCo, replaced her on October 3, as well as becoming a member of the board of directors. ", "PepsiCo's CEO Indra Nooyi was right. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. [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. Laurie Spens Photography. Nooyi came in second place on Fortunes 2015 list of the most influential women. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Education. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. 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. 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 later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). As recent as 1995, there were no female CEOs on the Fortune 500 list. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. Her father was a bank official. Eventually she moved on to work with Johnson & Johnson as a product manager. 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/. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Under her guidance in 1997 divestiture 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. [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. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. 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. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. 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 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. 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. There is an issue between Cloudflare's cache and your origin web server. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. 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. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. [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). This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. Famous People in USA Forbes named her the #3 most powerful woman in 2008. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. The chairman and chief executive officer of PepsiCo explains how tomorrow's leaders must develop a personal understanding of the markets and cultures in China, India, and other emerging markets. 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. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Forbes rated her 13th in 2014. 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. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Born into a middle-class family in Chennai, she came a very long way. 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. ; Indian Institute of Management, M.B.A.; Yale University, M.S. What experiences do you share in common? [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. Cloudflare Ray ID: 7a2b1030c8fe1085 As an employee of PepsiCo, Nooyi is credited to have directed the companys global strategy, leading to its extensive expansion and restructuring including the divestiture of its restaurants. Updates? Please include the Ray ID (which is at the bottom of this error page). Indra was born in Madras, India. Nooyi was president and chief financial officer before becoming CEO. Cloudflare monitors for these errors and automatically investigates the cause. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. She also went to the Yale School of Management for her further education. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. She also aggressively pursued international expansion. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. She was educated at Holy Angels Anglo Indian Higher Secondary School. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. In 2017, Forbes ranked her the second most powerful woman in business. She had her second daughter Tara in 1992. Citations for Medalists. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. 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. The current net worth of Indra Nooyi is $80 million. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. 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. 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.
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