[86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. Her first job was with Tootal, a British textile company which had extensive holdings in India. Her success caught the attention of recruiters across the US. Author Talks: Indra Nooyi on leadership, life, and crafting a better On this Wikipedia the language links are at the top of the page across from the article title. [citation needed] The Quaker Oats Company's ownership of Gatorade was a positive strategic move for PepsiCo, since Gatorade was responsible for 80% of sports drink sales at the time. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. 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. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. How I made $290 million while raising two children - The Telegraph [22] The financial gains from this spinoff allowed the company to increase the pace of its share buyback strategy, thereby giving it more leverage to pursue future acquisitions without as much shareholder backlash. Indra Nooyi Age, Height, Biography 2023 Wiki, Net Worth, Boyfriend 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. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. 2023 Forbes Media LLC. Her father was a bank official, and her mother was a house wife. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. 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. 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. Nooyi is 67 years old as of 2022. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. Over the course of more than a decade, Nooyi was in charge of the companys global strategy and oversaw PepsiCos restructuring, which included the sale of Tricon to Yum! Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. Nooyi joined the board of Amazon in 2019. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. Forbes ranked her 13th in 2014. 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. 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 Nooyi | National Women's History Museum [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. Nooyi stopped using aspartame in Diet Pepsi in 2015. In 1986, she moved to Motorola as a senior executive in the automotive division development team. Eve A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. Cloudflare Ray ID: 7a2b1030c8fe1085 Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. Please include the Ray ID (which is at the bottom of this error page). 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. 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. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. 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. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. Her initiative was backed up with ample funding. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. 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! Her fortune stems from stock she was granted while working at PepsiCo. 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 America's childcare crisis. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. [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. Indra Nooyi has always been highly innovative . 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. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Omissions? Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. Indra Nooyi is an icon of success, resilience, and hard work. When it comes to leadership, the odds have always been stacked against women. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Her inspiring story has set an example for people of all ages and backgrounds. She also held the positions of senior vice president for strategic planning at PepsiCo from 1994 to 1996 and senior vice president for corporate strategy and development from 1996 to 2000. because we know knowledge is power and we want to be your medium of power. 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. 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. A natural born leader. Education, Family , Ethnicity & Boyfriend :-School Name: . [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Her mother was the driving force behind her good grades. In 1994, she joined PepsiCo. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. Biography of Indra Nooyi (His childhood, education, career, personal Her father was Krishnamurthy and would work in the State Bank of Hyderabad. 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. Between 1986 and 1990, Mrs. Nooyi worked for Motorola, where she was Vice President and Director of Corporate Strategy and Planning, having joined the company as the business development executive responsible for its automotive and industrial electronics group. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. Image Credits: Dave Puente Photography. Indra Nooyi Biography is very inspiring. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. 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. While every effort has been made to follow citation style rules, there may be some discrepancies. Born into a middle-class family in Chennai, she came a very long way. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. 0, Last Updated on December 13, 2022 by admin. 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. Our editors will review what youve submitted and determine whether to revise the article. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. In 2017, Forbes ranked her the second most powerful woman in business. [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. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. All rights reserved. December 8, 2022 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. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Indra Nooyi - Making A Mark In The Business World She has attained this prestige as a strategist. This will save you time, money, and strength. 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 Nooyi Interview . Her father was a bank official, and her mother was a house wife. [91][92] Nooyi and her husband Raj donated 187,000 Scholastic books to Connecticut's alliance school districts as part of the Partnership for Connecticut during the COVID-19 crisis. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. 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. All Rights Reserved. Copyright BlogzBite 2021. 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. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. 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. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. 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. 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. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. 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 2006, Indra Nooyi became the CEO of PepsiCo. 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. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . She did it anyway, with ample support from her parents. Cloudflare monitors for these errors and automatically investigates the cause. She studied physics, chemistry and mathematics before graduating in 1974. She has been a member of the All-Girls Cricket Team. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. 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 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. [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. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). [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. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. 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. 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. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. She was consistently . Mrs. Nooyi is married and has two daughters. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. Brands, one of the largest fast food companies in the world. Indra Nooyi entrepreneur . Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. ", 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.". Her mother was the driving force behind her good grades. Indra Nooyi Autobiography . Indra Nooyi. Nooyi played a pivotal part in getting these restaurants divested in 1997. 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. 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.
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