Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. [42], In 2019, Nooyi became the co-director of the newly created Connecticut Economic Resource Center, a public-private partnership with the Connecticut Department of Economic and Community Development. 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 has consistently ranked on Forbes magazines list of The World's 100 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. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. 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. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues.
Indra Nooyi - Wikipedia 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. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. Then, in 1986, she moved on to Motorola as a senior executive. Her father was a bank official. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. She has been a very hard-working and innovative person. Forbes named her the #3 most powerful woman in 2008. While every effort has been made to follow citation style rules, there may be some discrepancies. 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. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. My Life in Full: Work, Family, and Our Future. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. 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.
Indra receiving her masters degree from the Indian Institute of Management Calcutta. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. 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. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. Fortune magazine named Indra Nooyi No.1 on its annual ranking of Most Powerful Women in business for five consecutive years from 2006 to 2010.
Author Talks: Indra Nooyi on leadership, life, and crafting a better This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. She is also an advisor to several early-stage companies. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. and in 2021 was inducted into the National Women's Hall of Fame. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. She was educated at Holy Angels Anglo Indian Higher Secondary School. Our editors will review what youve submitted and determine whether to revise the article. The current net worth of Indra Nooyi is $80 million. 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. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. 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! To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Awards and Milestones. 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. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Work Life Balance India . Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. Her father was a bank official, and her mother was a house wife. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. As recent as 1995, there were no female CEOs on the Fortune 500 list. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. [56][57][58][59], Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma.
Indra Nooyi | Biography & Facts | Britannica PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. 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. [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. [16] [16], In 1978, Nooyi was admitted to Yale School of Management and moved to the United States, where she earned a master's degree in public and private management in 1980. Forbes rated her 13th in 2014. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Nooyi was president and chief financial officer before becoming CEO. 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.
Indra Nooyi - Career, Education, Net Worth & Pepsico This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. 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. Indra Nooyi Autobiography . 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. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. 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. 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. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. In 1986, she moved to Motorola as a senior executive in the automotive division development team. 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.
Indra Nooyi: Latest Indra Nooyi News, Designation, Education, Net worth Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. 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. Laurie Spens Photography. Worked at British textile company Tootal in India . 0, Last Updated on December 13, 2022 by admin. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Her success caught the attention of recruiters across the US.
Indra Nooyi 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. She is also a member of the Board of Trustees of Eisenhower Fellowships, and has served as Chairperson of the U.S.-India Business Council. from Madras Christian College in 1974 P.G.D.M. Tuesday, Mar. Her mother was the driving force behind her good grades. 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. Nooyi currently resides in Greenwich, Connecticut, and has two daughters.
Indra Nooyi - Biography, Height & Life Story | Super Stars Bio [23] Nooyi also took the lead in the acquisition of Tropicana in 1998,[24] and the merger with Quaker Oats Company, which also brought Gatorade in 2001. Nooyi stopped using aspartame in Diet Pepsi in 2015.
Brands. in 1997. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. 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. In 2011, Nooyi earned $17 million as CEO of PepsiCo, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value, and deferred remuneration of $3 million. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. 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 has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. 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. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. She has always denied supporting the so cold binding and conservative norms existing in society. [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.
Meet Indra Indra Nooyi This will save you time, money, and strength. Performance & security by Cloudflare. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. 103.74.118.106 It would make her an absolutely unmarriageable commodity after that.. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of .
Biography of Indra Nooyi (His childhood, education, career, personal She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Let us know if you have suggestions to improve this article (requires login). On April 5, 2007, she was awarded the Padma Bhushan award by the President of India Dr.APJ Abul Kalam Azad at the Rashtrapati Bhavan.