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She is also a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. With examples of world-changing business leaders like Paul Polman, Hubert Joly, and Indra Nooyi, many aspiring purpose-driven leaders have examples to follow. 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 later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). She was educated at Holy Angels Anglo Indian Higher Secondary School. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. 2023 Forbes Media LLC. She moved to the United States to join Yale School of Management in 1978 and pursued a master's degree in Public and Private Management. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Her mother was the driving force behind her good grades. 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. 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. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. She has always denied supporting the so cold binding and conservative norms existing in society. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). [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. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. She graduated in 1974, and pursued mathematics, physics, and chemistry from Madras Christian College. For some people age is just a number, many great leaders didn't stop even at the age of 40 and 50 and even more. Nooyi played a pivotal part in getting these restaurants divested in 1997. Indra Nooyi Interview . 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. Work Life Balance India . 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. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! Image Credits: Dave Puente Photography. Her father was a bank official. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Qualification: B.S. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. [8][9] She also serves on the boards of Amazon and the International Cricket Council. In 2023, women now make up 8.8% of CEOs on the list. Citations for Medalists. However, Nooyi continued to serve as the chairman of the company until early 2019. [91][92] Nooyi and her husband Raj donated 187,000 Scholastic books to Connecticut's alliance school districts as part of the Partnership for Connecticut during the COVID-19 crisis. Indra Nooyi's daughters are both highly educated. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. 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. Famous People in USA Click to reveal She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. She also worked in PepsiCo as Senior Vice President, of Strategic Planning from 1994 to 1996. [6] In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women[7] and was ranked the second most powerful woman on the Fortune list in 2015 and 2017. 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. Under her guidance in 1997 divestiture Tricon, now known as Yum! Mrs. . Forbes named her the #3 most powerful woman in 2008. Copyright BlogzBite 2021. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. Her mother Shantha Krishnamurthy was a house maker. Brands, Inc., which is today one of the world's largest fast food restaurant companies. 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. 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. Her success caught the attention of recruiters across the US. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. She began her career in the product industry as a product manager for Johnson & Johnson and Mettur Beardsell. She was educated at Holy Angels Anglo Indian Higher Secondary School. ", "PepsiCo's CEO Indra Nooyi was right. 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 thoroughly enjoyed her learning experience at Yale and graduated in 1980. What changes did you see between when she attended and when you were a student? In my interview with Andrew Winston, we discuss how those leaders can prepare now for their future impact. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir. Get Tickets. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. For instance, in order to establish a personal connection, Nooyi wrote to the parents of her leadership team and visited their homes. The companys sales increased by 80% during her tenure. 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. 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. Brands. 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 born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. Laurie Spens Photography. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). She grew up in a close family with two siblings, her parents, and her grandparents. In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. In 1994, she was offered two jobs that stood out from the rest. Indra Nooyi entrepreneur . PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. in 1997. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. 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. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. 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). SOURCE: Paul Morigi / Getty Images for Fortune / AFP. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. 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. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. Brands, Inc.), as well as the spin-off of PepsiCos bottling operations. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. Nooyi spent the next six years as a consultant for the acclaimed Boston Consulting Group. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. There is an issue between Cloudflare's cache and your origin web server. 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. 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 legacy will continue to inspire future generations to strive for excellence in whatever they do, and to never give up on their dreams. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. [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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. 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. Work Life Balance for Women . Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. Indra Nooyi is an Indian-born American business executive currently serving as the Chairperson and Chief Executive Officer of PepsiCo, one of the largest food and beverage businesses in the world. PepsiCo CEO until 1994 and CFO until 2001, respectively. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Tuesday, Mar. In 2017, Forbes ranked her the second most powerful woman in business. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. Mrs. Nooyi is married and has two daughters. She is married to Raj Nooyi, a management consultant of Indian origin. Building a culture that encourages employees to stay with the company was the third part of Performance with a Purpose. She has attained this prestige as a strategist. She has been a very hard-working and innovative person. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. 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. [41] During her tenure, the company's sales grew 80%. Worked at British textile company Tootal in India . In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. In 1994, she joined PepsiCo. Education: Madras Christian College, B.S. Welcome to the BlogzBite.com Informational Article Web Page. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. In a middle-class but conservative family. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. 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. Nooyi has been constantly ranked among the world's most powerful 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.

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