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Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. She also used to play guitar in a band. 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. She also aggressively pursued international expansion. In 2006, Indra Nooyi became the CEO of PepsiCo. 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. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. Get Tickets. 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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. Cloudflare monitors for these errors and automatically investigates the cause. Nagar. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. Her initiative was backed up with ample funding. One offer came from General Electric, the other from PepsiCo. Eventually she moved on to work with Johnson & Johnson as a product manager. In 2023, women now make up 8.8% of CEOs on the list. Indra Nooyi Biography is very inspiring. 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. 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. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. Associate Editor, Encyclopdia Britannica. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. [3][4][5], She has consistently ranked among the world's 100 most powerful women. What experiences do you share in common? As recent as 1995, there were no female CEOs on the Fortune 500 list. Laurie Spens Photography. 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. 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. WATCH Oct 13, 2021 Indra. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. This lovely couple has 2 daughters. 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. PepsiCo CEO until 1994 and CFO until 2001, respectively. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. and in 2021 was inducted into the National Women's Hall of Fame. She has always denied supporting the so cold binding and conservative norms existing in society. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Her success caught the attention of recruiters across the US. Holy Angels Anglo Indian Higher Secondary School, Indian Americans in the New York City metropolitan area, "2007 Outstanding American by Choice Recipients", United States Citizenship and Immigration Services, "Indra Nooyi and Chandrika Tandon - pg.7", "PepsiCo CEO Indra Nooyi Is Stepping Down After 12 Years", "PepsiCo, Inc. (NYSE:PEP): Second Quarter 2010 Earnings Preview", "Forbes Magazine's List of The World's 100 Most Powerful Women", "The 19 Most Powerful Women In Business 2017: CEOs And More With Ambitious Goals", "PepsiCo's former CEO Indra Nooyi joins Amazon's Board of Directors", "ICC appoints Indra Nooyi as Independent Director", "Indra Nooyi: The Indian executive who broke glass ceiling in corporate America", "Indra Nooyi, Chairman and Periya thala of PepsiCo, Named CEO of the Year by GSCLG", "Departing PepsiCo CEO Indra Nooyi Did It Her Way", "How Indra Nooyi changed the face of PepsiCo", "PepsiCo: Is It One Of The Best Dividend Stocks? In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. 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. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. Worked at British textile company Tootal in India . Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. 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. During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCos total shareholder return was 162% beating the S&P over the same period. Image Credits: Dave Puente Photography. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. [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. This will save you time, money, and strength. In 1978, she moved to the USA for higher studies. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. [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. Additional troubleshooting resources. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. 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. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. Under her guidance in 1997 divestiture Tricon, now known as Yum! [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. Indra Nooyi Books . ; Indian Institute of Management, M.B.A.; Yale University, M.S. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. [6] In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women[7] and was ranked the second most powerful woman on the Fortune list in 2015 and 2017. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Nooyi served as the companys CEO (200618) and chairman of the board (200719). [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. She completed her studies in India. in 1997. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Despite financial aid, Nooyi had to work her way through her masters to survive. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . 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. Former PepsiCo CEO Indra Nooyi discusses the trade-offs working mothers face and why both men and women have a role to play in solving for Americas childcare crisis. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Level Up Your Small Business with Digital Marketing: Tips, Tricks, and Best Practices, Breaking the Smoking Habit: How to Quit Smoking for Good, List of Important National and International Holidays, Days and Dates in Year 2023 | 2023 Download Free PDF. She did it anyway, with ample support from her parents. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. ", 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.". Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Indra Nooyi Net Worth . In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Work Life Balance for Women . 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. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. 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. My Life in Full is a New York Times bestseller and available in multiple languages. Indra Nooyi is an exemplary embodiment of modern business leadership. 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. [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. While every effort has been made to follow citation style rules, there may be some discrepancies. President and Chief Financial Officer of Pepsico. In 2018, many feared this inspirational powerhouse was stepping aside when she announced her 12-year reign as PepsiCos CEO and chairman was coming to a close. In 2001, she was named president and chief financial officer. How To Create Folders Quickly Based On Cell Values In Excel? Welcome to the BlogzBite.com Informational Article Web Page. Everything goes old after a day, life keeps on going and getting upgraded. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. In 2017, Forbes ranked her the second most powerful woman in business. 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. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. 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. 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). For some people age is just a number, many great leaders didn't stop even at the age of 40 and 50 and even more. Performance & security by Cloudflare. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. In 1994, she was offered two jobs that stood out from the rest. She recategorized the PepsiCo products into three groups: better for you (diet or low-fat versions of snacks and sodas) and good for you (items like oatmeal) are examples of fun for you. Plenty of money backed up her initiative. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. Copyright BlogzBite 2021. Her inspiring story has set an example for people of all ages and backgrounds. 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. 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. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Nooyi played a pivotal part in getting these restaurants divested in 1997. Indra Nooyi. 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. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. from IIM Calcutta in 1977 M.A. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. Indra Nooyi is an icon of success, resilience, and hard work. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Indra was born in Madras, India. 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). Cloudflare monitors for these errors and automatically investigates the cause. December 8, 2022 There is an issue between Cloudflare's cache and your origin web server. 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. It would make her an absolutely unmarriageable commodity after that.. Nooyi is a Successor Fellow of the Yale Corporation. 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. 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. [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. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. 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. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. She used to play guitar in an all-girl rock band. Aruna Sairam, a carnatic musician from South India, is Indras aunt. 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. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. Biography of Sundar Pichai. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. Mrs. Nooyi is married and has two daughters. Her success caught the attention of recruiters . This is what a great leader does. She grew up in a close family with two siblings, her parents, and her grandparents. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. However, Nooyi continued to serve as the chairman of the company until early 2019. Nooyi has an estimated net worth of $290 million. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. In 2008, Forbes ranked her third among the most powerful women. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. Nooyi discusses her trajectory to become the first woman of color and immigrant to run a Fortune 50 company, the difficulties that came with managing a demanding job with a growing family, and what she learned along the way. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. A natural born leader. Indra receiving her masters degree from the Indian Institute of Management Calcutta. Corrections? She was born on 28 October 1955 in Chennai, India. 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. [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. My Life in Full: Work, Family, and Our Future. 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. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. Education, Family , Ethnicity & Boyfriend :-School Name: . 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. Both of these ventures proved to be highly profitable to the company. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. [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. She loved to play cricket. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. Famous People in USA On this Wikipedia the language links are at the top of the page across from the article title. From a skin care guru to big tech executives, meet the newest additions to Forbes latest list of the countrys most successful women entrepreneurs, executives and entertainers. . 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. I was a middle child . Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. Indra Nooyi's daughters are both highly educated.