In 1986, she moved to Motorola as a senior executive in the automotive division development team. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. 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. 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 Americas childcare crisis. Her determination and dedication to her job have shown that anything is possible with the right mindset. Then, in 1986, she moved on to Motorola as a senior executive. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCo's pledge to do what's right for the business by being responsive to the needs of the world around it. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! In 2006, Indra Nooyi became the CEO of PepsiCo. Indra Nooyi has always been highly innovative . Awards and Milestones. [3][4][5], She has consistently ranked among the world's 100 most powerful women. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. In 2020, company-operated U.S. facilities are using 100% renewable electricity. On this Wikipedia the language links are at the top of the page across from the article title. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. She studied physics, chemistry and mathematics before graduating in 1974. WATCH Oct 13, 2021 Indra. 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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. [8][9] She also serves on the boards of Amazon and the International Cricket Council. Eventually she moved on to work with Johnson & Johnson as a product manager. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. She applied to Yale Universitys Graduate School of Management to pursue a masters degree in public and private management. There is an issue between Cloudflare's cache and your origin web server. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson 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. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. Cloudflare monitors for these errors and automatically investigates the cause. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. 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! She holds a B.S. Laurie Spens Photography. Her total remuneration had increased to $19,087,832 by 2014, including $5.5 million in equity. ", "Follow Indra Nooyi's example: Be a leader people want to follow", "PepsiCo CEO Indra Nooyi's long-term strategy put her job in jeopardy but now the numbers are in, and the analysts who doubted her will have to eat their words", "Indra Nooyi on making Pepsico 'good for you', "Indra Nooyi's Passions: People, Performance & Purpose At PepsiCo And Beyond", "PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New", "PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO", "PepsiCo CEO Indra Nooyi is stepping down", "Connecticut Governor Names Indian American Executive Indra Nooyi to CERC Board of Directors to Improve Economic Strategy", "A Wall Street exec volunteers, and Lamont readily accepts", "NE governors promise to cautiously ease COVID-19 restrictions", PepsiCo CEO Nooyi gets $17 mn in compensation, "PEPSICO INC Executive Salaries & Other Compensation", "PepsiCo's Indra K. Nooyi Elected Chairman of U.S.-India Business Council", "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal", "Academy Announces 2008 Class of Fellows", "America's Best Leaders: Indra Nooyi, PepsiCo CEO", India-born Indra Nooyi named CEO of the year, Brendan Wood International Announces 24 TopGun CEOs in the US, "Indra Nooyi second most powerful woman in US business", "Lin-Manuel Miranda, Jeff Bezos, Anna Wintour, and More in the National Portrait Gallery's Newest Additions", "League of Women Voters salutes Greenwich resident Nooyi", "Michelle Obama, Mia Hamm chosen for Women's Hall of Fame", "Wings Publication announces winners of India's most prestigious book award", "Indra Nooyi '80 Presented with Honorary Doctorate at Yale Commencement", Commencement Recipients Indra Krishnamurthy Nooyi, Freelon to Speak at NC State Commencement, Olympics, Weirdstones, Pepsi and New York feature in Warwick's Honorary Degrees, Miami University Miami Awards 3,967 Degrees at 2011 Commencement, "PepsiCo leader Nooyi to receive honorary degree from Penn State" | Penn State University, "Duke to award degrees to more than 4,400 graduates on Sunday, May 10" |, commencement 2009. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Cloudflare Ray ID: 7a2b1030c8fe1085 The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Her father was a bank official, and her mother was a house wife. Indra receiving her masters degree from the Indian Institute of Management Calcutta. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. 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. All rights reserved. ", "PepsiCo's CEO Indra Nooyi was right. Nooyi played a pivotal part in getting these restaurants divested in 1997. Former PepsiCo CEO Indra Nooyi discusses her personal brand of authenticity and how shes distinguished herself in corporate America by being unapologetically herself. Forbes ranked her 13th in 2014. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Brands. 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 Net Worth . Tuesday, Mar. In her childhood, she was a rebellious young girl and was known to be "wild". In 2007 She was awarded the third-highest civilian award " Padma Bhushan" by the President of India. [83][87], Nooyi also serves as the Class of 1951 Chair for the Study of Leadership at West Point,[88] a Dean's Advisory Council member at MIT's School of Engineering,[89] and a member of the MIT Corporation. 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. Both of these ventures proved to be highly profitable to the company. 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. Initially, her career began as product manager positions at Johnson & Johnson and Mettur Beardsell which was a textile company. 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. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. Jobs at Mettur Beardsell, Ltd. and Johnson & Johnson followed suit after her graduation in 1976. She had her second daughter Tara in 1992. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Updates? [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Qualification: B.S. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. 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. 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. In 2017, Forbes ranked her, the second most powerful woman in business. However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. She also aggressively pursued international expansion. Level Up Your Small Business with Digital Marketing: Tips, Tricks, and Best Practices, Breaking the Smoking Habit: How to Quit Smoking for Good, List of Important National and International Holidays, Days and Dates in Year 2023 | 2023 Download Free PDF. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. Eve 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. Forbes rated her 13th in 2014. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. 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. This is what a great leader does. Her father was a bank official. Then she proceeded to the Yale School of Management to further her education and worked with Boston Consulting Group (BCG), Motorola and Asea Brown Boveri. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. She was educated at Holy Angels Anglo Indian Higher Secondary School. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. 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.
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