Nooyi served as the companys CEO (200618) and chairman of the board (200719). Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. On this Wikipedia the language links are at the top of the page across from the article title. [3][4][5], She has consistently ranked among the world's 100 most powerful women. She enjoyed being a learner and graduated in 1980. Her success caught the attention of recruiters across the US. She did it anyway, with ample support from her parents. Nooyi is the author of the book My Life in Full: Work, Family and Our Future, a memoir that offers insight and a call-to-action on how our society can blend work and family and advance women in the 21st century. Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. My life in full Indra nooyi Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend Her first job was with Tootal, a British textile company which had extensive holdings in India. My Life in Full: Work, Family, and Our Future. Nooyi joined the board of Amazon in 2019. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. A Conversation with Indra Nooyi. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. from IIM Calcutta in 1977 M.A. She celebrates her birthday on 28 October. Let us know if you have suggestions to improve this article (requires login). Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. 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. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. Indra Nooyis business career has been driven by a passion to do whats right (purpose), the drive to exceed expectations (performance) and the desire to help others succeed (people). Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. 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. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. She is on the Deans Advisory Council at MITs School of Engineering and serves on the boards of the Memorial Sloan Kettering Cancer Center and the Partnership for Public Service. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). 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 spent the next six years as a consultant for the acclaimed Boston Consulting Group. 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 2008, Forbes ranked her third among the most powerful women. Please include the Ray ID (which is at the bottom of this error page). I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. 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. In 2007, and 2008, Nooyi was selected for the Wall Street Journal's list of 50 women to watch, as well as Time's list of the 100 Most Influential People in the World. At the time, Indra was working for top consultancy BCG in Chicago. Forbes named her the #3 most powerful woman in 2008. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Mrs. Nooyi is married and has two daughters. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. The Inspirational Indra Nooyi and Her Success Story! Nooyi played a pivotal part in getting these restaurants divested in 1997. Cloudflare monitors for these errors and automatically investigates the cause. Ms Nooyi is married and has two daughters. Nooyi has been constantly ranked among the world's most powerful women. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. Indra Nooyi is an exemplary embodiment of modern business leadership. 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 became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. In 2023, women now make up 8.8% of CEOs on the list. Cloudflare Ray ID: 7a2b1030c8fe1085 [16] [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. 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). 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. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Please refer to the appropriate style manual or other sources if you have any questions. Brands. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. PepsiCo was able to gain an advantage over its rivals by purchasing Tropicana; When compared to Coca-Colas Minute Maid, which held less than half of Tropicanas market share, Tropicana had 44% of the chilled orange juice market at the time, making it the fastest-growing segment of the juice market. 103.74.118.106 [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. Write in eighth-grade language to reach the broadest audience. Her younger daughter, Tara, graduated from Yale University. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. 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. 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. Forbes rated her 13th in 2014. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. Awards and Milestones. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements Then, in 1986, she moved on to Motorola as a senior executive. When it comes to leadership, the odds have always been stacked against women. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Cloudflare monitors for these errors and automatically investigates the cause. Work Life Balance for Women . Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. The pathway to where she is today began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. 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 spent the next six years as a consultant for the acclaimed Boston Consulting Group. Performance with a Purpose, Nooyis strategic reorientation of PepsiCo, has been largely successful, resulting in long-term growth and a positive impact on society and the environment. [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. The experience made her determined to gain an advanced qualification, but this time, in the US. She also went to the Yale School of Management for her further education. Indra Nooyi | National Women's History Museum As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. Despite financial aid, Nooyi had to work her way through her masters to survive. In 2001 she was named president and chief financial officer of the company. 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. This lovely couple has 2 daughters. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. 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. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Indra Nooyi: "I demanded that at 5 o'clock my kids were - YouTube This will save you time, money, and strength. Born into a middle-class family in Chennai, she came a very long way. Indra Nooyi Education. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. Indras memoir, a New York Times bestseller, offers insight and a call-to-action from one of the worlds most-admired business leaders on how our society can blend work and family and advance women in the 21st century. For Indra Nooyi, the First Lesson in Executive Ability Happened - Vogue In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. She is married to Raj Nooyi, a management consultant of Indian origin. 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. Nooyi has an estimated net worth of $290 million. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. She also used to play guitar in a band. [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. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Indra Nooyi speaks onstage at the Fortune Most Powerful Women Summit - Day 2 on October 10, 2017 in Washington, DC. 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. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. 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. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. 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. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCos pledge to do whats right for the business by being responsive to the needs of the world around it. Performance & security by Cloudflare. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. Everything goes old after a day, life keeps on going and getting upgraded. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business Read an excerpt here. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. [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. Till now she has been reflected to be a great asset for many prestigious companies and by the time, she started getting golden offers for head positions in many largest companies in the world. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. [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. It would make her an absolutely unmarriageable commodity after that.. Indra with her husband Raj and daughters, Preetha and Tara. Tuesday, Mar. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. Associate Editor, Encyclopdia Britannica. It was a fascinating experience because you couldnt advertise personal protection in India, she recalled in an interview with Sarah Murray of the Financial Times. Indra Nooyi Education . Her inspiring story has set an example for people of all ages and backgrounds. She loved to play cricket. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. Initially, she faced the problem and struggled with her job at Johnson & Johnson as she was assigned the work of introducing Stayfree sanitary napkins in India. 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's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. 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. Before joining PepsiCo in 1994, Ms Nooyi spent four years as Senior Vice President of Strategy, Planning and Strategic Marketing for Asea Brown Boveri, a Zurich-based company. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Worked at British textile company Tootal in India . In 1986, she moved to Motorola as a senior executive in the automotive division development team. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. Nooyi earned a bachelors degree in chemistry from Madras Christian College in 1976 and a masters degree in business administration from the Indian Institute of Management in Calcutta two years later. 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. Famous People in USA 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 is married to Raj Nooyi, Raj is a management consultant. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. The current net worth of Indra Nooyi is $80 million. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. 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. She was born on 28 October 1955 in Chennai, India. Indra receiving her masters degree from the Indian Institute of Management Calcutta. Nooyi serves as an Honorary Co-chair for the World Justice Project. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Indra Nooyi - Making A Mark In The Business World My childhood home was defined by particularly progressive thinking when it came to educating women. 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. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. 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. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. from Madras Christian College in 1974 P.G.D.M. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. A CEOs most lasting contribution is oftentimes the intangible. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. 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. Now what? 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. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. 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. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Nooyi was accepted to Yale School of Management in 1978, and she moved to the United States in 1980 to complete her masters degree program in public and private management. There is an unknown connection issue between Cloudflare and the origin web server. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. 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. In a radio interview, Nooyi stated that PepsiCo is getting ready to launch products designed and packaged as per women's preferences, and based on behavioral differences in the way men and women consume snacks. 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. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. Her initiative was backed up with ample funding. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. [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. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. 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. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . 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. She became the school's biggest alumni donor in history and the first woman to endow a deanship at a top business school with her gift. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. 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. [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 - Person Profile - Cointime 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. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. in 2001, she became one of the Board of Directors of PepsiCo. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm.