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. The experience made her determined to gain an advanced qualification, but this time, in the US. She loved to play cricket. There is an unknown connection issue between Cloudflare and the origin web server. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. It would make her an absolutely unmarriageable commodity after that.. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. Mrs. Nooyi is married and has two daughters. Brands. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. [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. ", "PepsiCo's CEO Indra Nooyi was right. 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. [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. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of . Apart from her busy career, Indra has made sure that her family stays her priority and her closeness with her mother. Indra is married to Raj Nooyi, Raj is a management consultant. 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. My life in full Indra nooyi She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Eventually she moved on to work with Johnson & Johnson as a product manager. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. Indra Nooyi: A peek into her life, education and thriving career - U2B In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. Indra Nooyi Net Worth . PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. Please refer to the appropriate style manual or other sources if you have any questions. Her success caught the attention of recruiters . Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Click to reveal [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. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. In a middle-class but conservative family. Famous People in USA Nooyi directed the company's global strategy for more than a decade and led PepsiCo's restructuring, including the 1997 divestiture of Tricon, now known as Yum! Indra Nooyi is an exemplary embodiment of modern business leadership. 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 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. Aruna Sairam, a carnatic musician from South India, is Indras aunt. How To Create Folders Quickly Based On Cell Values In Excel? 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. 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. Indra Nooyi has always been highly innovative . Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. The Inspirational Indra Nooyi and Her Success Story! Biography of Indra Nooyi (His childhood, education, career, personal Indra Nooyi Education. Nooyi came in second place on Fortunes 2015 list of the most influential women. She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. She was educated at Holy Angels Anglo Indian Higher Secondary School. from Madras Christian College in 1974 P.G.D.M. Indra Nooyi - The University of Texas at Arlington Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. [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. As recent as 1995, there were no female CEOs on the Fortune 500 list. The World Justice Project works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity. 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. She was educated at Holy Angels Anglo Indian Higher Secondary School. [52], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. Indra Nooyi entrepreneur . Nooyi is 67 years old as of 2022. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. 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! 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. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. She became the CEO of PepsiCo in 2006 and became the fifth CEO in PepsiCo's 44-year history. 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. Indra Nooyi | Board of Director at Amazon | Former CEO of PepsiCo Nooyi serves as an Honorary Co-chair for the World Justice Project. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. 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. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. Ms Nooyi is the recipient of 15 honorary degrees. Education: Madras Christian College, B.S. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. [16] 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. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Indra Nooyi - Biography & Career Accomplishments - Thomasnet [16], In 1978, Nooyi was admitted to Yale School of Management and moved to the United States, where she earned a master's degree in public and private management in 1980. 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. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. 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. Her mother was the driving force behind her good grades. The pathway to where she is today began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Born in T. Nagar, Nooyi received her bachelor's degree from Madras Christian College in 1974. Addresses: OfficePepsico, 700 Anderson Hill Rd., Purchase, NY 10577.. Career. They married soon after her graduation and their daughter Preetha was born in 1984. The win, however, wasnt enough. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). 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 used to play guitar in a band. Read an excerpt here. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. She played guitar in a band and was also a member of an all-girls' cricket teamactivities girls in her social strata rarely participated in. Born into a middle-class family in Chennai, she came a very long way. All Rights Reserved. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. This will save you time, money, and strength. Proud Mother And CEO: Indra Nooyi And Her Daughters (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). It was a fascinating experience because you couldnt advertise personal protection in India, she recalled in an interview with Sarah Murray of the Financial Times. Her determination and dedication to her job have shown that anything is possible with the right mindset. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo 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. Indra Nooyi: "I demanded that at 5 o'clock my kids were - YouTube 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 was a member of the girl's cricket team. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. [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. Nooyi played a pivotal part in getting these restaurants divested in 1997. Now what? 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. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. Indra was born in Madras, India. Cloudflare monitors for these errors and automatically investigates the cause. Updates? Indra Nooyi Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Please include the Ray ID (which is at the bottom of this error page). 103.74.118.106 With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. Through this incident, she realised that she wasn't completely prepared for the business world and decided to pursue further education at yale school of management in the U.S. in 1978. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. Nooyi, Indra | Encyclopedia.com From a skin care guru to big tech executives, meet the newest additions to Forbes latest list of the countrys most successful women entrepreneurs, executives and entertainers. As part of Performance with Purpose, PepsiCo was focused on delivering sustained growth by expanding its portfolio to include more nutritious products, limiting its environmental footprint, and empowering its associates and people in the communities it serves. 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. She studied physics, chemistry and mathematics before graduating in 1974. Meet Indra Indra Nooyi A natural born leader. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. 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 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. 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. The Success Story of Indra Nooyi | The Global Hues In that same year, she was named an Outstanding American by choice by the US State Department. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. [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. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business ; Indian Institute of Management, M.B.A.; Yale University, M.S. Laurie Spens Photography. 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. Then, in 1986, she moved on to Motorola as a senior executive. [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. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. Associate Editor, Encyclopdia Britannica. 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. What experiences do you share in common? Indra Nooyi | Biography & Facts | Britannica She was born on 28 October 1955 in Chennai, India. Cloudflare Ray ID: 7a2b1030c8fe1085 Breaking The Glass Ceiling: 8 Inspirational Women In Leadership Your IP: Nooyi joined PepsiCo in 1994 and was named Chief in 2006, supplanting Steven Reinemund, turning into the fifth President in PepsiCos 44-year history. Her father was a bank official. She possessed a rebellious streak as a young girl, and was known to be wild. 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. Nooyi earned a bachelors degree in chemistry from Madras Christian College in 1976 and a masters degree in business administration from the Indian Institute of Management in Calcutta two years later. My Life in Full: Work, Family, and Our Future. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. Indra Nooyi is an icon of success, resilience, and hard work. She also went to the Yale School of Management for her further education. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. Then, in 1986, she moved on to Motorola as a senior executive. Get Tickets. On October 7, 2010, she was named the sixth most powerful woman in the world by Fortune magazine. When she managed to save enough for a suit which she wore to her first post-Yale job interview she got rejected. She is also an advisor to several early-stage companies. In 2001, she was named president and chief financial officer. 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. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. Worked at British textile company Tootal in India . 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. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Eve [56][57][58][59], Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. She has attained this prestige as a strategist. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. According to an Equilar study, Nooyi held the position of CEO for a total of 12 years, which is seven years longer than the typical tenure of CEOs at large corporations. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. A CEOs most lasting contribution is oftentimes the intangible. Write in eighth-grade language to reach the broadest audience. [8][9] She also serves on the boards of Amazon and the International Cricket Council. 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.