Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. Image Credits: Dave Puente Photography. (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). Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). They write new content and verify and edit content received from contributors. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Nooyi joined the board of Amazon in 2019. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. from Madras Christian College in 1974 P.G.D.M. 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. Her job with Johnson & Johnson was quite a challenging one as she was made responsible for managing the introduction of Stayfree sanitary napkins to India. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. 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. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. On this Wikipedia the language links are at the top of the page across from the article title. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. Nooyi was a member of the girl's cricket team. Indra Nooyi Biography is very inspiring. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. She has attained this prestige as a strategist. [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). She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. She enjoyed being a learner and graduated in 1980. [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. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). 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. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. Indra Nooyi, (born October 28, 1955, Madras [now Chennai], India), Indian-born American businesswoman who was instrumental in the lucrative restructuring and diversification of soft-drink manufacturer PepsiCo, Inc.s brands. 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. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. Nooyi stated in an interview with a radio station that PepsiCo is getting ready to launch snacks based on the behavioral differences between mens and womens snacking habits. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. What experiences do you share in common? An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. Her younger daughter, Tara, graduated from Yale University. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. As a result, the web page can not be displayed. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Indra Nooyi entrepreneur . 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. 0, Last Updated on December 13, 2022 by admin. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Mrs. Nooyi is married and has two daughters. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. [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. Indra Nooyi has always been highly innovative . Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. All Rights Reserved. However, Nooyis move was a step up to focus on championing workplace equality. Read an excerpt here. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. 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. 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. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. Thereafter she became the CEO of it in 2006. 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. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. Indra Nooyi, (born October 28, 1955, Madras [now Chennai], India), Indian-born American businesswoman who was instrumental in the lucrative restructuring and diversification of soft-drink manufacturer PepsiCo, Inc. 's brands. 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. [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. 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. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. Nooyi has been constantly ranked among the world's most powerful women. 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. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. She also aggressively pursued international expansion. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. She celebrates her birthday on 28 October. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. Performance with a Purpose, Nooyis strategic reorientation of PepsiCo, has been largely successful, resulting in long-term growth and a positive impact on society and the environment. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. Her inspiring story has set an example for people of all ages and backgrounds. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. Tuesday, Mar. [32] In 2014, she was ranked #13 by Forbes. 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. 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. [16] Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. [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. 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! Her mother Shantha Krishnamurthy was a house maker. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. In 2017, Forbes ranked her, the second most powerful woman in business. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. There is an issue between Cloudflare's cache and your origin web server. 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. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. 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. Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. 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. Indra Nooyi Interview . Education. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCos pledge to do whats right for the business by being responsive to the needs of the world around it. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. She grew up in a close family with two siblings, her parents, and her grandparents. There is an unknown connection issue between Cloudflare and the origin web server. At the time, Indra was working for top consultancy BCG in Chicago. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Forbes ranked her 13th in 2014. Then, in 1986, she moved on to Motorola as a senior executive. Indra Nooyi Education . Laurie Spens Photography. from IIM Calcutta in 1977 M.A. She has been a very hard-working and innovative person. Copyright BlogzBite 2021. 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. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. In 2020, company-operated U.S. facilities are using 100% renewable electricity. It would make her an absolutely unmarriageable commodity after that.. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Her determination and dedication to her job have shown that anything is possible with the right mindset. In a middle-class but conservative family. Everything goes old after a day, life keeps on going and getting upgraded. Cloudflare Ray ID: 7a2b1030c8fe1085 Courses & Certifications; Research & Resources; Scholarships . 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. The current net worth of Indra Nooyi is $80 million. Nooyi has said that it wants to create a line of snacks just for women because it thinks this is a market that hasnt been explored before. 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. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. What do PepsiCo, Motorola and Amazon have in common? [8][9] She also serves on the boards of Amazon and the International Cricket Council. Indra Nooyi Books . https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. and in 2021 was inducted into the National Women's Hall of Fame. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Ms Nooyi is the recipient of 15 honorary degrees. Image Credits: Dave Puente Photography. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. Fortune magazine named Indra Nooyi No.1 on its annual ranking of Most Powerful Women in business for five consecutive years from 2006 to 2010. PepsiCo Chairman & CEO Indra Nooyi became the most generous lifetime benefactor in the history of the Yale School of Management P&Q: You have a daughter, Preetha, who earned her MBA at Yale. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Daughters- Tara Nooyi, Preetha Nooyi: Let us know if you have suggestions to improve this article (requires login). All rights reserved. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. The companys sales increased by 80% during her tenure. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. My life in full Indra nooyi In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. 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. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. 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. Worked at British textile company Tootal in India . Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. She used to play guitar in an all-girl rock band.
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