[66], In 2021, Nooyi was inducted into the National Women's Hall of Fame. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. As a result, the web page can not be displayed. 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. Indra Nooyi Interview . Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. She also went to the Yale School of Management for her further education. 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SOURCE: Paul Morigi / Getty Images for Fortune / AFP. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! [16] Qualification: B.S. In 2008, Forbes ranked her third among the most powerful women. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. [48], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. Cloudflare monitors for these errors and automatically investigates the cause. 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. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut. 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. In between February 2000 to April 2001, she was promoted as Senior Vice President and Chief Financial Officer of PepsiCo. In 1994, she was offered two jobs that stood out from the rest. Till now she has been reflected to be a great asset for many prestigious companies and by the time, she started getting golden offers for head positions in many largest companies in the world. The couple has two daughters. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. 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. 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. in 1997. As an employee of PepsiCo, Nooyi is credited to have directed the companys global strategy, leading to its extensive expansion and restructuring including the divestiture of its restaurants. 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. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. 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 was born in Madras, Tamil Nadu, in 1955. 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. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. 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. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. 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. WATCH Oct 13, 2021 Indra. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. President and Chief Financial Officer of Pepsico. 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. 0, Last Updated on December 13, 2022 by admin. 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. from Madras Christian College in 1974 P.G.D.M. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Work Life Balance for Women . In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. 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. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. Nooyi joined the board of Amazon in 2019. Mrs. Nooyi is married and has two daughters. 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. Indra Nooyi has always been highly innovative . Indra was born in Madras, India. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. 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. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. Work Life Balance India . Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. 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. 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. In 2001, she was named president and chief financial officer. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. 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. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Her mother was the driving force behind her good grades. Performance with a Purpose, Nooyis strategic reorientation of PepsiCo, has been largely successful, resulting in long-term growth and a positive impact on society and the environment. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. While every effort has been made to follow citation style rules, there may be some discrepancies. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. She has been a very hard-working and innovative person. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. 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. What do PepsiCo, Motorola and Amazon have in common? She was consistently . She was honored with the Padma Bhushan by the President of India in 2007. 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. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. In this position, she worked on a variety of strategy projects for the next six years. In spite of her very hectic corporate career, Indra always prioritizes her family and maintains close relations with her mother. Read an excerpt here. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. Awards and Milestones. Famous People in USA List of Important National and International Holidays, Days and Dates in Year 2022 | 2022 Download Free PDF, Rajasthan Government Health Scheme (RGHS) Registration Process | . Ms Nooyi is married and has two daughters. Associate Editor, Encyclopdia Britannica. Education: Madras Christian College, B.S. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. Indra Nooyi's daughters are both highly educated. Nooyi is 67 years old as of 2022. My Life in Full: Work, Family and Our Future. Thereafter she became the CEO of it in 2006. Then, in 1986, she moved on to Motorola as a senior executive. The following year it was announced that Nooyi would be stepping down as CEO in October and as chairman of the board in early 2019. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. Indra Nooyi Education . She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. In 2007, and 2008, Nooyi was selected for the Wall Street Journal's list of 50 women to watch, as well as Time's list of the 100 Most Influential People in the World. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. 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 is the former Chairman and Chief Executive Officer of PepsiCo (2006-2019); a Fortune 50 company with operations in more than 180 countries. In keeping up with this belief, she led PepsiCos acquisition of Tropicana and the merger with Quaker Oats Company. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. Indra Nooyi joined PepsiCo in 1994 as senior vice president of corporate strategy and development. Her father was a bank official. Welcome to the BlogzBite.com Informational Article Web Page. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. She did it anyway, with ample support from her parents. She also serves on the International Advisory Council of Temasek; is an independent director of the International Cricket Council; and a trustee at the National Gallery of Art. Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019. 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. 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. 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. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. [96] She is a devout Hindu who abstains from alcohol and is a vegetarian because of her adherence to the religion's teachings and traditions.
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