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 was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. Then, in 1986, she moved on to Motorola as a senior executive. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. Indra Nooyi - Making A Mark In The Business World Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. There is an unknown connection issue between Cloudflare and the origin web server. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. [60] After five years on top, PepsiCo's Indian American chairman and CEO Indra Nooyi has been pushed to the second spot as most powerful woman in US business by Kraft's CEO, Irene Rosenfeld.[61]. In 1986, she moved to Motorola as a senior executive in the automotive division development team. 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. [28][29], Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[30][31] and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. [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. In 2020, company-operated U.S. facilities are using 100% renewable electricity. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. Please refer to the appropriate style manual or other sources if you have any questions. 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. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. Omissions? Nooyi was a member of the girl's cricket team. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. 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 mother was the driving force behind her good grades. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. Indra Nooyi | National Women's History Museum In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. I was a middle child . 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. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. [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. Please include the Ray ID (which is at the bottom of this error page). With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. The Success Story of Indra Nooyi | The Global Hues I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. 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 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. Eventually she moved on to work with Johnson & Johnson as a product manager. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Associate Editor, Encyclopdia Britannica. 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. However, Nooyis move was a step up to focus on championing workplace equality. Indra Nooyi - The University of Texas at Arlington [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). 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. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. 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. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. 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. They married soon after her graduation and their daughter Preetha was born in 1984. [66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. While every effort has been made to follow citation style rules, there may be some discrepancies. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Nooyi played a pivotal part in getting these restaurants divested in 1997. 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. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. Brands, Inc., which is today one of the world's largest fast food restaurant companies. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. Indra K. Nooyi on Performance with Purpose - bcg.com She had to struggle a lot due to some policies advertising feminine hygiene products was not allowed at that time in the country so it's wasn't a piece of cake to gain a foothold in the country. She loved to play cricket. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Cloudflare monitors for these errors and automatically investigates the cause. Her father was a bank official, and her mother was a house wife. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. In that same year, she was named an Outstanding American by choice by the US State Department. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Nooyi is 67 years old as of 2022. Laurie Spens Photography. Write in eighth-grade language to reach the broadest audience. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. Indra Nooyi. 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. Nooyi, Indra | Encyclopedia.com How To Create Folders Quickly Based On Cell Values In Excel? ", 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.". In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. [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. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. Biography of Indra Nooyi (His childhood, education, career, personal [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. 2023 Forbes Media LLC. After moving to the United States, she received an additional masters degree in public and private management from the Yale School of Management in 1980. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. 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. What changes did you see between when she attended and when you were a student? Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. 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. In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. 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. Nooyi serves as an Honorary Co-chair for the World Justice Project. [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. The couple has two daughters. Indra Nooyi: Latest Indra Nooyi News, Designation, Education, Net worth Qualification: B.S. She also used to play guitar in a band. My life in full Indra nooyi [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 | National Women's History Museum 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. [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. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. 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. Biography of Sundar Pichai. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. 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. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. My Life in Full: Work, Family and Our Future. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. 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. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. 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. Cloudflare monitors for these errors and automatically investigates the cause. The couple has two daughters. Let us know if you have suggestions to improve this article (requires login). In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. [16] She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Indra Nooyi - Career, Education, Net Worth & Pepsico Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. She completed her studies in India. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. 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). Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. 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 was educated at Holy Angels Anglo Indian Higher Secondary School. [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.
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