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. in 1997. Her younger daughter, Tara, graduated from Yale University. She has been looking for an upgrade, expanding, and diversifying PepsiCo's products and brand by more focusing on . Cloudflare monitors for these errors and automatically investigates the cause. . However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. 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. from Madras Christian College, an M.B.A. from the Indian Institute of Management in Calcutta, and a Master of Public and Private Management from Yale University. 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. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. She changed the packaging to make it less wasteful, used less water, switch to renewable energy, and recycled. Her inspiring story has set an example for people of all ages and backgrounds. She enjoyed being a learner and graduated in 1980. 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. Performance & security by Cloudflare. It would make her an absolutely unmarriageable commodity after that.. Indra Nooyi | National Women's History Museum Our editors will review what youve submitted and determine whether to revise the article. [37] She reclassified PepsiCo's products into three categories: "fun for you" (such as potato chips and regular soda), "better for you" (diet or low-fat versions of snacks and sodas), and "good for you" (items such as oatmeal). She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. Please refer to the appropriate style manual or other sources if you have any questions. What experiences do you share in common? 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 has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. In addition, she oversaw the acquisition (1998) of Tropicana Products and a merger in 2001 with the Quaker Oats Co. as part of the companys strategy of diversifying into more healthful drinks and foods. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. How I made $290 million while raising two children - The Telegraph In 2017, Forbes ranked her the second most powerful woman in business. Initially, she faced the problem and struggled with her job at Johnson & Johnson as she was assigned the work of introducing Stayfree sanitary napkins in India. Her mother Shantha Krishnamurthy was a house maker. Write in eighth-grade language to reach the broadest audience. [16] [40], On August 6, 2018, Nooyi stepped down as CEO, and Ramon Laguarta, a 22-year veteran of PepsiCo, replaced her on October 3, as well as becoming a member of the board of directors. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. This will save you time, money, and strength. 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. In 2001, she was named president and chief financial officer. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. In 2017, Forbes ranked her, the second most powerful woman in business. (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). In her childhood, she was a rebellious young girl and was known to be "wild". December 8, 2022 Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! [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. ", Former PepsiCo CEO and Power Women listee Indra Nooyi writes for Forbes on how paid leave fueled her path to power: "I wouldnt have been there without paid leave.". 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. She has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. She studied physics, chemistry and mathematics before graduating in 1974. At the time, Indra was working for top consultancy BCG in Chicago. 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. Forbes named her the #3 most powerful woman in 2008. [35], As part of Performance with a Purpose, Nooyi also focused on environmental concerns and sustainability, redesigning packaging to reduce waste, conserving water, switching to renewable energy sources and recycling. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. Nooyi during her tenure made sure she set realistic goals for her employees that they can attain and help the company to grow. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. In 2001 she was named president and chief financial officer of the company. In 2008, Forbes ranked her third among the most powerful women. 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. Indra Nooyi Net Worth . [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. 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. 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. In 1990 she again changed her job and went, to Asea Brown Boveri (ABB) on the designation of senior vice president and director of the corporate strategy and strategic marketing. She possessed a rebellious streak as a young girl, and was known to be wild. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. In this position, she worked on a variety of strategy projects for the next six years. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. Indra Nooyi | National Women's History Museum In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. 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. Nooyi was a member of the girl's cricket team. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. Welcome to the BlogzBite.com Informational Article Web Page. Her father was a bank official, and her mother was a house wife. Indra Nooyi. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. 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 2023, women now make up 8.8% of CEOs on the list. 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. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. Beginning in 2001, she was also appointed to the Board of Directors of PepsiCo. [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. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. She chose to join PepsiCo in 1994 and quickly rose up the ranks to be named its CEO in 2006, Notable Alumni: Indian Institute Of Management, Calcutta, Madras Christian College, education: Yale University, University Of Madras, Indian Institute Of Management, Calcutta, Madras Christian College, awards: CNN-IBN Indian of the Year Global Indian, See the events in life of Indra Nooyi in Chronological Order, http://landing.ju.edu/globalcitizen/current.html, https://timesofindia.indiatimes.com/sports/cricket/news/icc-appoints-indra-nooyi-as-its-first-independent-female-director/articleshow/62848619.cms, https://www.beveragedaily.com/Article/2018/10/03/Indra-Nooyi-Five-lessons-I-ve-learned-as-PepsiCo-CEO, https://www.theceomagazine.com/business/management-leadership/spotlight-on-pepsico-ceo-indra-nooyi/, https://www.hindustantimes.com/world-news/ex-pepsico-ceo-indra-nooyi-says-it-ll-cause-third-world-war-if-she-join-politics/story-gsXPzIT88jSocNYPGYYGdP.html, http://www.new-corner.com/the-pepsi-challenge-indra-nooyi-ceo-pepsico/, http://desiceo.com/shinning-star-indra-nooyi/.