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Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. and in 2021 was inducted into the National Women's Hall of Fame. 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. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. [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. [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. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! In 2017, Forbes ranked her, the second most powerful woman in business. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. Please refer to the appropriate style manual or other sources if you have any questions. [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. Image Credits: Dave Puente Photography. What changes did you see between when she attended and when you were a student? Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. 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. Copyright BlogzBite 2021. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. [35], As part of Performance with a Purpose, Nooyi also focused on environmental concerns and sustainability, redesigning packaging to reduce waste, conserving water, switching to renewable energy sources and recycling. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Work Life Balance for Women . She was constantly working for PepsiCo for a couple of years under the guidance of Roger Enrico who was the new CEO and started working on the strategies for the companys diversification, extensive expansion, and constant growth. 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. 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. Education. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. In 2001, she was named president and chief financial officer. Forbes ranked her 13th in 2014. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. Please include the Ray ID (which is at the bottom of this error page). [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. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. 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. This lovely couple has 2 daughters. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. My life in full Indra nooyi Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. In 1994, she was offered two jobs that stood out from the rest. 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. in 1997. 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 served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. She used to play guitar in an all-girl rock band. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. ", 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.". Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. 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. Her success caught the attention of recruiters across the US. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. She was born on 28 October 1955 in Chennai, India. [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. 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. As an employee of PepsiCo, Nooyi is credited to have directed the companys global strategy, leading to its extensive expansion and restructuring including the divestiture of its restaurants. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. 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. Nooyi came in second place on Fortunes 2015 list of the most influential women. 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. In a middle-class but conservative family. She completed her studies in India. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. She is married to Raj Nooyi, a management consultant of Indian origin. [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. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. They write new content and verify and edit content received from contributors. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. In 1986, she moved to Motorola as a senior executive in the automotive division development team. [32] In 2014, she was ranked #13 by Forbes. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. While every effort has been made to follow citation style rules, there may be some discrepancies. My Life in Full: Work, Family and Our Future. She also went to the Yale School of Management for her further education. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. Performance & security by Cloudflare. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. One offer came from General Electric, the other from PepsiCo. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. Worked at British textile company Tootal in India . Our aim is to provide you all the latest informational articles related to different niches, Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. President and Chief Financial Officer of Pepsico. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Under her guidance in 1997 divestiture Tricon, now known as Yum! [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. She loved to play cricket. When it comes to leadership, the odds have always been stacked against women. Courses & Certifications; Research & Resources; Scholarships . Thereafter she became the CEO of it in 2006. 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. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. 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 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. 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! [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. Indra Nooyi Education. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. Get Tickets. 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. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. Citations for Medalists. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. 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. In 2001 she was named president and chief financial officer of the company. She was honored with the Padma Bhushan by the President of India in 2007. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Brands, Inc., which is today one of the world's largest fast food restaurant companies. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. She has been a very hard-working and innovative person. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. 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. In addition, she oversaw the acquisition (1998) of Tropicana Products and a merger in 2001 with the Quaker Oats Co. as part of the companys strategy of diversifying into more healthful drinks and foods. Ms Nooyi is married and has two daughters. Indra is married to Raj Nooyi, Raj is a management consultant. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. 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. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. [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. She holds a B.S. In her childhood, she was a rebellious young girl and was known to be "wild". My childhood home was defined by particularly progressive thinking when it came to educating women. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. She also used to play guitar in a band. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. [16] Eve She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. What do PepsiCo, Motorola and Amazon have in common? [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. 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. Cloudflare monitors for these errors and automatically investigates the cause. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. Indra Nooyi Biography is very inspiring. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. 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. Forbes named her the #3 most powerful woman in 2008. This is what a great leader does. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development.

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