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. 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. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. 21, 2023 7:30 P.M. at Texas Hall. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. in 1997. Work Life Balance for Women . 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. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. She has attained this prestige as a strategist. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. Indra Nooyi Biography is very inspiring. Nooyi is 67 years old as of 2022. Her inspiring story has set an example for people of all ages and backgrounds. Indra Nooyi - Making A Mark In The Business World How To Create Folders Quickly Based On Cell Values In Excel? List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . 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. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. Indra Nooyi - Wikipedia Indra Nooyi: "I demanded that at 5 o'clock my kids were - YouTube [12][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. 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. She was honored with the Padma Bhushan by the President of India in 2007. Write in eighth-grade language to reach the broadest audience. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. She possessed a rebellious streak as a young girl, and was known to be wild. She studied physics, chemistry and mathematics from Madras Christian College from where she graduated in 1974. She used to play guitar in an all-girl rock band. Read an excerpt here. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. [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. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. Indra Nooyi: Her journey from a middle-class family to CEO of PepsiCo 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. Although analysts expressed surprise at the timing of Nooyis appointment as chairman (her predecessor, Steven Reinemund, had served just five years before abruptly deciding to retire), many praised the skills that she would bring to the job. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. 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. 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. Worked at British textile company Tootal in India . At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. Nooyi played a pivotal part in getting these restaurants divested in 1997. On this Wikipedia the language links are at the top of the page across from the article title. Indra with her husband Raj and daughters, Preetha and Tara. A Conversation with Indra Nooyi. ; Indian Institute of Management, M.B.A.; Yale University, M.S. Through her tenacious organizational skills and imaginative innovation, she was able to adeptly manage the complexities of her role, adding immense value to overall operations. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Nooyi was accepted to Yale School of Management in 1978, and she moved to the United States in 1980 to complete her masters degree program in public and private management. Nooyi has an estimated net worth of $290 million. 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. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir, My Life in Full: Work, Family and Our Future. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. Indra Krishnamurthy Nooyi: Indra Nooyi, the former chair and CEO of PepsiCo, left the company in 2019 after serving for 24 years half of which she served in the top position. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. She had to struggle a lot due to some policies advertising feminine hygiene products was not allowed at that time in the country so it's wasn't a piece of cake to gain a foothold in the country. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. 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. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. Her determination and dedication to her job have shown that anything is possible with the right mindset. 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 began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. She did it anyway, with ample support from her parents. Our editors will review what youve submitted and determine whether to revise the article. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. Mrs. Nooyi is married and has two daughters. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. Get Tickets. Cloudflare monitors for these errors and automatically investigates the cause. Then, in 1986, she moved on to Motorola as a senior executive. Born into a middle-class family in Chennai, she came a very long way. Both of these ventures proved to be highly profitable to the company. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. In a middle-class but conservative family. Let us know if you have suggestions to improve this article (requires login). 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. 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 Nooyi - Forbes Additional troubleshooting resources. In 2017, Forbes ranked her, the second most powerful woman in business. [8][9] She also serves on the boards of Amazon and the International Cricket Council. As recent as 1995, there were no female CEOs on the Fortune 500 list. [32] In 2014, she was ranked #13 by Forbes. Image Credits: Dave Puente Photography. [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. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. The lessons she has taught us on leadership and empowerment are invaluable in todays ever-changing world. She moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the "fun" offerings. In 2017, Forbes ranked her the second most powerful woman in business. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Indra K. Nooyi, "Indra Krishnamurthy Nooyi Receives Honorary Doctorate From NYU", "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list", "Babson College Commencement 2004: Citations for Medalists", "PepsiCo president Indra Nooyi elected to Yale Corporation", "Amazon.com, Inc. - Officers and directors", "Temasek launches Americas Advisory Panel", "PepsiCo CEO Indra Nooyi Joins Trump's Business Council", "Ex-PepsiCo CEO Indra Nooyi joins Amazon's board", "Class of 1951 Distinguished Lecture Series and Chair for Leadership Study", "MIT School of Engineering | Dean's Advisory Council", "MIT Corporation elects 12 term members, three life members", "Indra Nooyi becomes Yale's biggest alumni donor", "A gift that keeps giving: Indra Nooyi is 'most generous graduate' of Yale school of management - India News , Firstpost", "Distribution of 200K books to Connecticut students could start next week", "PepsiCo's CEO shares the trick that has helped her stay married for 37 years", "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar", "Clinton, Nooyi, Sonia among "World's Powerful Moms" list", "7 CEOs with notably devout religious beliefs", "Indra Nooyi on making Pepsico "good for you and me", PepsiCo names Nooyi CEO as Reinemund retires, The Pepsi Challenge, profile Indra Nooyi (Fortune), Reference for Business: Indra Nooho Leadership Biography, Video of discussion with Indra Nooyi at the Asia Society, New York, 4/14/2009, Harvard Business Review: Becoming a Better Corporate Citizen, https://en.wikipedia.org/w/index.php?title=Indra_Nooyi&oldid=1142689078, American chief executives of food industry companies, Indian Institute of Management Calcutta alumni, Recipients of the Padma Bhushan in trade and industry, American chief executives of Fortune 500 companies, Articles with dead external links from January 2018, Articles with permanently dead external links, Articles with dead external links from August 2021, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles with unsourced statements from June 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 21:20. Indra Nooyi. [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. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. 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 changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. Indra Nooyi has always been highly innovative . She also held the positions of senior vice president for strategic planning at PepsiCo from 1994 to 1996 and senior vice president for corporate strategy and development from 1996 to 2000. She also went to the Yale School of Management for her further education. The win, however, wasnt enough. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. 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. In 1994, she was offered two jobs that stood out from the rest. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. In 2014, she was at number 13 and in 2015, she was on the 2nd number, In 2017, she was the 2nd most powerful woman in the list of top 19 Most Powerful Women in Business. Nooyi discusses her trajectory to become the first woman of color and immigrant to run a Fortune 50 company, the difficulties that came with managing a demanding job with a growing family, and what she learned along the way. PepsiCo CEO until 1994 and CFO until 2001, respectively. To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. On Forbes' list of the " World's Powerful Moms ", Indra came in third place. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. She quickly rose through the ranks and was promoted to vice president and director of corporate strategy and planning in 1988. 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. 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. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. [35], Nooyi's strategic redirection of PepsiCo, called Performance with a Purpose,[36] has been largely successful and involved creating long-term growth while leaving a positive impact on society and the environment. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Former PepsiCo CEO Indra Nooyi discusses the trade-offs working mothers face and why both men and women have a role to play in solving for America's childcare crisis. Her mother was the driving force behind her good grades. Proud Mother And CEO: Indra Nooyi And Her Daughters Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. Indra Nooyi entrepreneur . She holds a B.S. However, Nooyis move was a step up to focus on championing workplace equality. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. [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. She was born on 28 October 1955 in Chennai, India. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. 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. Ms Nooyi is married and has two daughters. Thereafter she became the CEO of it in 2006. Indra Nooyi Education. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as 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.