While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. 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. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. [32] In 2014, she was ranked #13 by Forbes. She has attained this prestige as a strategist. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. She grew up in a close family with two siblings, her parents, and her grandparents. [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. 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. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. 21, 2023 7:30 P.M. at Texas Hall. [16] She was born on 28 October 1955 in Chennai, India. 2023 Forbes Media LLC. Work Life Balance for Women . She used to play guitar in an all-girl rock band. [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. In 2020, company-operated U.S. facilities are using 100% renewable electricity. [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. She had her second daughter Tara in 1992. 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 held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. from Madras Christian College in 1974 P.G.D.M. The company was able to accelerate its share buyback strategy thanks to the financial benefits of this spinoff, giving it more leverage to pursue acquisitions in the future without as much shareholder opposition. Indra Nooyi, Former Chairman & CEO at PepsiCo, and Anne-Marie Slaughter, CEO of New America, join Maggie McGrath to discuss "Solving For The Care Crisis. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. Famous People in USA Then, in 1986, she moved on to Motorola as a senior executive. This is what a great leader does. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. Forbes named her the #3 most powerful woman in 2008. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. 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. My Life in Full: Work, Family, and Our Future. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. However, Nooyis move was a step up to focus on championing workplace equality. 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. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. 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 was a member of the girl's cricket team. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. She has been a member of the All-Girls Cricket Team. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. 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. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. The couple has two daughters. She possessed a rebellious streak as a young girl, and was known to be wild. 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 between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on soft drinks. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. PepsiCo CEO until 1994 and CFO until 2001, respectively. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). 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. 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. Courses & Certifications; Research & Resources; Scholarships . 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. Omissions? 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! [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. 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. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Daughters- Tara Nooyi, Preetha Nooyi: [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. She holds a B.S. The companys sales increased by 80% during her tenure. Education. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. 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. 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). 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. 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. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. The experience made her determined to gain an advanced qualification, but this time, in the US. Then she proceeded to the Yale School of Management to further her education and worked with Boston Consulting Group (BCG), Motorola and Asea Brown Boveri. 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. President and Chief Financial Officer of Pepsico. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. 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. Her father was a bank official, and her mother was a house wife. Her younger daughter, Tara, graduated from Yale University. 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. (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). [44], In April 2020, it was announced that Nooyi along with Yale epidemiologist Dr. Albert Ko will represent Connecticut on the six-state working group planning for the careful easing of COVID-19 restrictions. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. Indra Nooyi is an exemplary embodiment of modern business leadership. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. Nooyi has an estimated net worth of $290 million. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. I was a middle child . Citations for Medalists. 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. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Welcome to the BlogzBite.com Informational Article Web Page. 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. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. [8][9] She also serves on the boards of Amazon and the International Cricket Council. 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. Laurie Spens Photography. 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. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. 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. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Cloudflare monitors for these errors and automatically investigates the cause. 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 also went to the Yale School of Management for her further education. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Now what? Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. Her father was a bank official. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. A CEOs most lasting contribution is oftentimes the intangible. Forbes ranked her 13th in 2014. [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. 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. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. There is an issue between Cloudflare's cache and your origin web server. Brands, one of the largest fast food companies in the world. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. [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. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. Our aim is to provide you all the latest informational articles related to different niches, because we know knowledge is power and we want to be your medium of power. 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. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Her father was a bank official. 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. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. Nooyi was president and chief financial officer before becoming CEO. [43] She will help draft the state's new economic development strategy. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. However, Nooyi continued to serve as the chairman of the company until early 2019. Indra Nooyi Interview . 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. 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. [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). 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). 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. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. 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. 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. There is an unknown connection issue between Cloudflare and the origin web server. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. Laurie Spens Photography. Corrections? In addition, Nooyi was in charge of the Tropicana acquisition in 1998 and the merger with the Quaker Oats Company that led to Gatorade in 2001. The win, however, wasnt enough. They married soon after her graduation and their daughter Preetha was born in 1984. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. 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. Nooyi has been constantly ranked among the world's most powerful women. She was educated at Holy Angels Anglo Indian Higher Secondary School. When it comes to leadership, the odds have always been stacked against women. She has always denied supporting the so cold binding and conservative norms existing in society. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. Her mother was the driving force behind her good grades. A natural born leader. Brands. 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. 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. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. This will save you time, money, and strength. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. As a result, the web page can not be displayed. She is married to Raj Nooyi, a management consultant of Indian origin. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. In 2001, she was named president and chief financial officer. 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. 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.