With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. However, Nooyi continued to serve as the chairman of the company until early 2019. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. She used to play guitar in an all-girl rock band. Please refer to the appropriate style manual or other sources if you have any questions. She was educated at Holy Angels Anglo Indian Higher Secondary School. 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. Her father was a bank official. Nooyi served as the companys CEO (200618) and chairman of the board (200719). It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. On August 6, 2018, Nooyi retired as CEO of PepsiCo and During her tenure, she made her contribution to the company's sales which grew about 80% higher. Her legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. She holds a B.S. 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. Her mother was the driving force behind her good grades. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. 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. 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. 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. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Her mother was the driving force behind her good grades. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. from IIM Calcutta in 1977 M.A. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Forbes ranked her 13th in 2014. Citations for Medalists. In 2023, women now make up 8.8% of CEOs on the list. 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. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. Get Tickets. The current net worth of Indra Nooyi is $80 million. 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. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. She was consistently . I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. Thereafter she became the CEO of it in 2006. Indra was born in Madras, India. Her mother Shantha Krishnamurthy was a house maker. Image Credits: Dave Puente Photography. She is on the Deans Advisory Council at MITs School of Engineering and serves on the boards of the Memorial Sloan Kettering Cancer Center and the Partnership for Public Service. From April 2015 until April 2020, she was a director of Schlumberger Limited. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. 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 recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. 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 was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. All Rights Reserved. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. Under her guidance in 1997 divestiture Tricon, now known as Yum! Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. On this Wikipedia the language links are at the top of the page across from the article title. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. 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. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. from Madras Christian College in 1974 P.G.D.M. Qualification: B.S. The companys sales increased by 80% during her tenure. I was a middle child . There she had gained enough experience of working on diversifying strategic projects for 6 successive years. Courses & Certifications; Research & Resources; Scholarships . 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. 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. In a middle-class but conservative family. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. One offer came from General Electric, the other from PepsiCo. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. It would make her an absolutely unmarriageable commodity after that.. In 2006, Indra Nooyi became the CEO of PepsiCo. 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. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. Her inspiring story has set an example for people of all ages and backgrounds. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. Despite financial aid, Nooyi had to work her way through her masters to survive. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. She is married to Raj Nooyi, a management consultant of Indian origin. Her first job was with Tootal, a British textile company which had extensive holdings in India. In 2020, company-operated U.S. facilities are using 100% renewable electricity. The experience made her determined to gain an advanced qualification, but this time, in the US. [17] In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant,[18] and then worked at Motorola as vice president and Director of Corporate Strategy and Planning,[18] followed by a stint at Asea Brown Boveri. 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).
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