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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. [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. PepsiCo CEO until 1994 and CFO until 2001, respectively. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. 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. [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. Her first job was with Tootal, a British textile company which had extensive holdings in India. 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. Indra K. Nooyi, "Indra Krishnamurthy Nooyi Receives Honorary Doctorate From NYU", "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list", "Babson College Commencement 2004: Citations for Medalists", "PepsiCo president Indra Nooyi elected to Yale Corporation", "Amazon.com, Inc. - Officers and directors", "Temasek launches Americas Advisory Panel", "PepsiCo CEO Indra Nooyi Joins Trump's Business Council", "Ex-PepsiCo CEO Indra Nooyi joins Amazon's board", "Class of 1951 Distinguished Lecture Series and Chair for Leadership Study", "MIT School of Engineering | Dean's Advisory Council", "MIT Corporation elects 12 term members, three life members", "Indra Nooyi becomes Yale's biggest alumni donor", "A gift that keeps giving: Indra Nooyi is 'most generous graduate' of Yale school of management - India News , Firstpost", "Distribution of 200K books to Connecticut students could start next week", "PepsiCo's CEO shares the trick that has helped her stay married for 37 years", "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar", "Clinton, Nooyi, Sonia among "World's Powerful Moms" list", "7 CEOs with notably devout religious beliefs", "Indra Nooyi on making Pepsico "good for you and me", PepsiCo names Nooyi CEO as Reinemund retires, The Pepsi Challenge, profile Indra Nooyi (Fortune), Reference for Business: Indra Nooho Leadership Biography, Video of discussion with Indra Nooyi at the Asia Society, New York, 4/14/2009, Harvard Business Review: Becoming a Better Corporate Citizen, https://en.wikipedia.org/w/index.php?title=Indra_Nooyi&oldid=1142689078, American chief executives of food industry companies, Indian Institute of Management Calcutta alumni, Recipients of the Padma Bhushan in trade and industry, American chief executives of Fortune 500 companies, Articles with dead external links from January 2018, Articles with permanently dead external links, Articles with dead external links from August 2021, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles with unsourced statements from June 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 21:20. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. How Jeff Bezos And Indra Nooyi Make Simple Their Superpower, The Celebrities On Forbes 2022 List Of Richest Self-Made Women, PepsiCos Indra Nooyi, The Queen Of Pop, Shares Her Tips For Bringing Compassionate Leadership To Work, To Become A Future Purpose-Driven Leader, Cultivate These Skills Now, 2021 Forbes Power Womens Summit: Power Pairing: Solving For The Care Crisis, Indra Nooyi: Why Paid Leave Is A Human Issue, Not A Political One, Forbes Announces 2021 Power Womens Summit, Recognizing Trailblazing Leaders Who Are Reshaping The World, Indra Nooyi: "We Need To Stop Talking About Childcare As A Female Issue" | Two Minute Takeaway | Forbes, Indra Nooyi Built This Foundational Skill To Become PepsiCo CEO, Indra Nooyi On Owning Her Authentic Self: "What You See Is What You Get" | Two Minute Takeaway | Forbes, Indra Nooyi To Big Business: "You Should Be Thanking Working Mothers For What We Do" | The Takeaway | Forbes, Dolly Parton, Indra Nooyi And The 13 Other Newcomers To Forbes 2021 List Of Americas Richest Self-Made Women, Indra Nooyis Passions: People, Performance & Purpose At PepsiCo And Beyond, Why PepsiCo's Indra Nooyi Will Be Hard To Replace, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. She celebrates her birthday on 28 October. 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. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. 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. 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 used to play guitar in an all-girl rock band. 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. Stay Realistic:- Running behind things that aren't even real is just a waste of time and resources, being a leader or an employee you should set and decide what's realistic and even possible to attain. Her determination and dedication to her job have shown that anything is possible with the right mindset. Image Credits: Dave Puente Photography. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. 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. 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. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. Laurie Spens Photography. What changes did you see between when she attended and when you were a student? [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. 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. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. 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. 2023 Forbes Media LLC. She was consistently . https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. This lovely couple has 2 daughters. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). Known to be a highly innovative, energetic, and hard working person, Nooyi has risen to become one of the top most female executives in the world from a modest beginning. Forbes named her the #3 most powerful woman in 2008. She chose to join PepsiCo in 1994 and quickly rose up the ranks to be named its CEO in 2006, Notable Alumni: Indian Institute Of Management, Calcutta, Madras Christian College, education: Yale University, University Of Madras, Indian Institute Of Management, Calcutta, Madras Christian College, awards: CNN-IBN Indian of the Year Global Indian, See the events in life of Indra Nooyi in Chronological Order, http://landing.ju.edu/globalcitizen/current.html, https://timesofindia.indiatimes.com/sports/cricket/news/icc-appoints-indra-nooyi-as-its-first-independent-female-director/articleshow/62848619.cms, https://www.beveragedaily.com/Article/2018/10/03/Indra-Nooyi-Five-lessons-I-ve-learned-as-PepsiCo-CEO, https://www.theceomagazine.com/business/management-leadership/spotlight-on-pepsico-ceo-indra-nooyi/, https://www.hindustantimes.com/world-news/ex-pepsico-ceo-indra-nooyi-says-it-ll-cause-third-world-war-if-she-join-politics/story-gsXPzIT88jSocNYPGYYGdP.html, http://www.new-corner.com/the-pepsi-challenge-indra-nooyi-ceo-pepsico/, http://desiceo.com/shinning-star-indra-nooyi/. 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 moved to the United States to join Yale School of Management in 1978 and pursued a master's degree in Public and Private Management. Nooyi has been constantly ranked among the world's most powerful women. 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. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. 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. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. She loved to play cricket. In this position, she worked on a variety of strategy projects for the next six years. 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. Courses & Certifications; Research & Resources; Scholarships . [8][9] She also serves on the boards of Amazon and the International Cricket Council. Aruna Sairam, a carnatic musician from South India, is Indras aunt. She was an excellent and bright student, through which she got admission to one of India's prestigious institute named the Indian Institute of Management in Calcutta, she completed her Post Graduation in Management (MBA), in 1976. Indra receiving her masters degree from the Indian Institute of Management Calcutta. 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. A Conversation with Indra Nooyi. Her success caught the attention of recruiters . In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Famous People in USA Her father was a bank official. Then, in 1986, she moved on to Motorola as a senior executive. Education: Madras Christian College, B.S. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. [81] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[82] and the Lincoln Center for the Performing Arts. [35], Nooyi's strategic redirection of PepsiCo, called Performance with a Purpose,[36] has been largely successful and involved creating long-term growth while leaving a positive impact on society and the environment. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. 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). 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. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. 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. Brands. In 1980, Nooyi started working as a strategy consultant at the Boston Consulting Group (BCG) and then joined Motorola on the designation of Vice President and Director of Corporate Strategy and Planning, then she moved to join Johnson & Johnson on the designation of a product manager. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. 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. Nooyi purchased her Greenwich, Connecticut home in 1992 from Richard Sackler, former chairman and president of Purdue Pharma. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. 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. Performance & security by Cloudflare. 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. Indra Nooyi is an exemplary embodiment of modern business leadership. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Nooyi played a pivotal part in getting these restaurants divested in 1997. 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. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). Nagar. 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. Our aim is to provide you all the latest informational articles related to different niches, She also went to the Yale School of Management for her further education. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. 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 currently resides in Greenwich, Connecticut, and has two daughters. Education, Family , Ethnicity & Boyfriend :-School Name: . Now what? 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. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. [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. [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]. Nooyi served as the companys CEO (200618) and chairman of the board (200719). Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. In that same year, she was named an Outstanding American by choice by the US State Department. 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. 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 attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. 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. In 1994, she joined PepsiCo. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. Awards and Milestones. As a result, the web page can not be displayed. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. [32] In 2014, she was ranked #13 by Forbes. 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. [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. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. Everything goes old after a day, life keeps on going and getting upgraded. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Associate Editor, Encyclopdia Britannica. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. 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. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. [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. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. 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. Work Life Balance India . 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. 21, 2023 7:30 P.M. at Texas Hall. 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. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. [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. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Your IP: This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. She was educated at Holy Angels Anglo Indian Higher Secondary School. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. Nooyi has an estimated net worth of $290 million. Nooyi's grandfather, "Thatha," with Nooyi (left) and her siblings. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. 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. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. [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. Please refer to the appropriate style manual or other sources if you have any questions. She enjoyed being a learner and graduated in 1980. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. She has always denied supporting the so cold binding and conservative norms existing in society. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India.
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