The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. PepsiCo CEO until 1994 and CFO until 2001, respectively. Indra Nooyi: A peek into her life, education and thriving career - U2B Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Nooyi serves as an Honorary Co-chair for the World Justice Project. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. 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. (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). 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. Aruna Sairam, a carnatic musician from South India, is Indras aunt. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements 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. Despite financial aid, Nooyi had to work her way through her masters to survive. 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, an M.B.A. from the Indian Institute of Management in Calcutta, and a Master of Public and Private Management from Yale University. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. In 1986, she moved to Motorola as a senior executive in the automotive division development team. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. 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. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. [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. Then, in 1986, she moved on to Motorola as a senior executive. ", 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.". 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. 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. 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. Work Life Balance for Women . In her book 'My Life in Full', former PepsiCo CEO and Chair Indra Nooyi (above) makes a plea to men: Come to the table on gender equality.. And, no wonder. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. What changes did you see between when she attended and when you were a student? because we know knowledge is power and we want to be your medium of power. 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. It would make her an absolutely unmarriageable commodity after that.. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. 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 purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. 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. Indra Nooyi - Biography, Height & Life Story | Super Stars Bio 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. A CEOs most lasting contribution is oftentimes the intangible. 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. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. Indra Nooyi is an exemplary embodiment of modern business leadership. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. 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. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. 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. Indra Nooyi: Latest Indra Nooyi News, Designation, Education, Net worth The Inspirational Indra Nooyi and Her Success Story! Indra Nooyi - The University of Texas at Arlington Her inspiring story has set an example for people of all ages and backgrounds. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. She has been a very hard-working and innovative person. 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. Ms Nooyi is married and has two daughters. 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. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. Nooyi, Indra | Encyclopedia.com 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. 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. Mrs. . Indra Nooyi Books . A brilliant student, she earned a seat in one of Indias premier institutions, Indian Institute of Management Calcutta, from where she completed a Post Graduate Diploma in Management (MBA), in 1976. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. Forbes rated her 13th in 2014. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Nooyi played a pivotal part in getting these restaurants divested in 1997. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. 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. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. 103.74.118.106 Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. [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. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. 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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. In 2006, Indra Nooyi became the CEO of PepsiCo. Indra Nooyi also serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst, and the Lincoln Center for the Performing Arts. December 8, 2022 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! Nooyi is a Successor Fellow of the Yale Corporation. Laurie Spens Photography. Read Indras notes on work, family, and our future in her newsletter: The Care Crisis is No Labor Sideshow: Its a Main Event, Child Care is Core to Economic Growth: We Must Commit, Let's Get On With Equal Pay: It Speaks To Character, International Women's Day: The Day That Cant Drift By, Indra Nooyi and Lisa Kassenaar discuss her book after she is awarded the 2022 International Distinguished Entrepreneur Award (IDEA) by the Associates of the Asper School of Business (May 2022), Indra poses with Professor Modupe Akinola after receiving the Columbia Botwinick Prize in Business Ethics (April 2022), Student Isha Saeed with Indra at Harvard Business School (April 2022), Boston Globe CEO Lindra Henry in conversation with Indra at MIT (April 2022), Journalist Seema Mody moderates a discussion with Indra and Reshma Saujani in collaboration with the Asian American Businesss Development Center (April 2022), Indra speaks on a panel at the USC Marshall School of Business (March 2022), Indra with the USC-IBEAR MBA students (March 2022), Emirates Litfest Director Ahlam Bolooki moderates a discussion about Work, Family, and the Future with Indra and HE Reem Al Hashimy at the Dubai Expo (February 2021), Richard Dean moderates a fireside chat with Indra at the Emirates Lit Fest in Dubai (February 2022), Indra joins senior women leaders of the United Nations for their annual retreat in New York (March 2022), A dinner with the team behind My Life in Full (December 2021), Backdrop from a book party held in Indra's honor by The Asian American Foundation and BCG (December 2021), Indra with President Clinton, Former Secretary Clinton, and Huma Abedin at a book party hosted by The Asian American Foundation and BCG (December 2021), Indra gives remarks at a book party held in her honor by The Asian American Foundation and BCG (December 2021), Indra speaks about her book at Yale (November 2021), Indra joins Morgan Stanley's Seema Hingorani for a fireside chat at their New York offices (October 2021), Indra speaks at the New York Metropolitan Club, and is introduced by her former Chief of Staff, Erica Matthews (October 2021), Indra is inducted into the Asian Hall of Fame (October 2021), Indra joins Professor Adam Grant for a fireside chat for the Authors@Wharton series at the University of Pennsylvania (October 2021), A newly-inducted member, Indra visits the American Philosophical Society (October 2021), Indra with John Studzinski, PIMCO Vice Chair and the host of a book party held in her honor in the U.K. (October 2021), Indra joins London Business School students for a photo (October 2021), Indra joins Unilever's former CHRO, Leena Nair for a fireside chat in the U.K. (October 2021), Journalist Joanne Lipman moderates a conversation with Indra to celebrate the launch of her book, My Life in Full, at the Greenwich Library (September 2021), Celebrating the launch of My Life in Full with a cake (October 2021), Shooting the book trailer for My Life in Full (September 2021), Indra gets a first look at her memoir, My Life in Full (September 2021), Indra signs bookplates for readers (August 2021), Indra and her friend and writer, Lisa Kassenaar pose at Penguin Random House offices on the launch day of My Life in Full (September 2021), Indra records the audiobook version of My Life in Full (August 2021), Indra during a photoshoot with Dave Puente (July 2021), Indra and team begin work on My Life in Full (December 2019), Indra meets with her high school mentees (July 2021), Indra and her friend and writer, Lisa Kassenaar with the early copies of My Life in Full (July 2021). [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). Brands, Inc., which is today one of the world's largest fast food restaurant companies. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! For attaining something you must have this learning behaviour, keep learning new strategies and solutions. She possessed a rebellious streak as a young girl, and was known to be wild. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. Indra K. Nooyi on Performance with Purpose - bcg.com Write in eighth-grade language to reach the broadest audience. 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. 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. Indra Nooyi - Forbes Qualification: B.S. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. Proud Mother And CEO: Indra Nooyi And Her Daughters My Life in Full is a New York Times bestseller and available in multiple languages. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. [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. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. 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. 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. 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. All rights reserved. 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. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. She also went to the Yale School of Management for her further education. We at Blogzbite manage to write the blogs and content on a big range of topics like language, technology, health, sports, biographies, psychology, career and education, motivation, stories and many more. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. Laurie Spens Photography. Forbes ranked her 13th in 2014. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. Indra with her husband Raj and daughters, Preetha and Tara. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. She is married to Raj Nooyi, a management consultant of Indian origin. Nooyi has been constantly ranked among the world's most powerful women. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. 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. The couple has two daughters. Biography of Sundar Pichai. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Nooyi is 67 years old as of 2022. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. She enjoyed being a learner and graduated in 1980. 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. Associate Editor, Encyclopdia Britannica. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. Indra Nooyi - Making A Mark In The Business World 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. She has always denied supporting the so cold binding and conservative norms existing in society. 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. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. Please include the Ray ID (which is at the bottom of this error page). ", "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.