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 was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. She holds a B.S. Indra Nooyi Biography - Facts, Childhood, Family Life & Achievements All rights reserved. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. 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. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. 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 her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. All three multinationals have been graced by the presence of Indra Nooyi, one of the worlds most powerful woman who validated the saying, the future is female when she took on leadership positions at these multinationals. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. For attaining something you must have this learning behaviour, keep learning new strategies and solutions. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. 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. In 2001 she was named president and chief financial officer of the company. December 8, 2022 Indra Nooyi's daughters are both highly educated. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. 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. Work Life Balance India . [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. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. PepsiCo CEO until 1994 and CFO until 2001, respectively. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . From April 2015 until April 2020, she was a director of Schlumberger Limited. Aruna Sairam, a carnatic musician from South India, is Indras aunt. In 2001, she was named president and chief financial officer. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. Indra Nooyi Bio, Age, Wife, Education, Salary, Net, PepsiCo The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. Famous People in USA In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. Brands, one of the largest fast food companies in the world. 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). in 1997. In 2006, Indra Nooyi became the CEO of PepsiCo. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. Courses & Certifications; Research & Resources; Scholarships . A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. In a middle-class but conservative family. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. Nooyi resigned as CEO on August 6, 2018, and Ramon Laguarta, a 22-year PepsiCo veteran, took her place on October 3 and joined the board of directors. This lovely couple has 2 daughters. My life in full Indra nooyi Indra with her husband Raj and daughters, Preetha and Tara. This is what a great leader does. ", "PepsiCo's CEO Indra Nooyi was right. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. Awards and Milestones. In 2017, Forbes ranked her the second most powerful woman in business. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Get Tickets. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. What experiences do you share in common? Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. When it comes to leadership, the odds have always been stacked against women. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. Between 2019-2022, Ms Nooyi served as the Class of 1951 Chair for the Study of Leadership at West Point where she worked with the Department of Behavioral Sciences and Leadership to fulfill the mission of character at the U.S. Military Academy at West Point. [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. 21, 2023 7:30 P.M. at Texas Hall. Author Talks: Indra Nooyi on leadership, life, and crafting a better [8][9] She also serves on the boards of Amazon and the International Cricket Council. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. [16] She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. 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! However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. In 1994, she was offered two jobs that stood out from the rest. The experience made her determined to gain an advanced qualification, but this time, in the US. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. She loved to play cricket. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! In that same year, she was named an Outstanding American by choice by the US State Department. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. [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]. Her success caught the attention of recruiters across the US. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. Biography of Indra Nooyi (His childhood, education, career, personal 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. Indra Nooyi | Biography & Facts | Britannica 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. 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. Breaking The Glass Ceiling: 8 Inspirational Women In Leadership Her leadership offers lessons about the value of a broad education, global thinking, and the value of calm self-assurance. Worked at British textile company Tootal in India . Your IP: (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). President and Chief Financial Officer of Pepsico. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. Mrs. Nooyi is married and has two daughters. Nooyi played a pivotal part in getting these restaurants divested in 1997. Soon after, she shifted her focus to business and decided to pursue an MBA at the Indian Institute of Management in Calcutta which at the time, was just one of two schools in the country that offered the now career-transforming programme. 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. [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. She also used to play guitar in a band. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. Her inspiring story has set an example for people of all ages and backgrounds. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. [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. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. in 2001, she became one of the Board of Directors of PepsiCo. She grew up in a close family with two siblings, her parents, and her grandparents. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. PepsiCo's former chair and CEO Indra Nooyi retired in 2019 after 24 years with the company, half of which she spent in the top job. She proved to be a great success at this job and by the mid-1990s, she was aggressively being courted by corporate headhunters and offered lucrative positions in some of the worlds largest companies. 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 had her second daughter Tara in 1992. [43] She will help draft the state's new economic development strategy. Indra Nooyi Biography is very inspiring. Nooyi served as the companys CEO (200618) and chairman of the board (200719). On this Wikipedia the language links are at the top of the page across from the article title. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. Eve Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. 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. 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. 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. [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. Nooyi was a member of the girl's cricket team. Indra Nooyi | National Women's History Museum Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. 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. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. 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. Indra Nooyi - Forbes Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. One offer came from General Electric, the other from PepsiCo. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. Her mother Shantha Krishnamurthy was a house maker. In 1978, she moved to the USA for higher studies. Her determination and dedication to her job have shown that anything is possible with the right mindset. 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. Despite financial aid, Nooyi had to work her way through her masters to survive. because we know knowledge is power and we want to be your medium of power. 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. Proud Mother And CEO: Indra Nooyi And Her Daughters In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. 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. 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, Former Chairman & CEO at PepsiCo, and Anne-Marie Slaughter, CEO of New America, join Maggie McGrath to discuss "Solving For The Care Crisis. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. 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. Education, Family , Ethnicity & Boyfriend :-School Name: . The couple has two daughters. She is married to Raj Nooyi, a management consultant of Indian origin. Laurie Spens Photography. 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 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/. Updates? Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. Now what? Indra Nooyi - Person Profile - Cointime Please include the Ray ID (which is at the bottom of this error page). [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). Cloudflare monitors for these errors and automatically investigates the cause. Indra Nooyi She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Brands. 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. 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. 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. Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). Indra Nooyi Books . In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. . began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. She enjoyed being a learner and graduated in 1980. 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. Women in the World 116K subscribers At the 2019 Women in the World Summit, Indra Nooyi, former chairman and CEO of PepsiCo, says that she demanded her children be allowed to spend time with her. 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. For Indra Nooyi, the First Lesson in Executive Ability Happened - Vogue [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. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues.