To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Her success caught the attention of recruiters across the US. 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. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. I'm very fortunate to have a wonderful husband, two great kids, a very tight-knit family, an awesome job with a great team. [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. [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. The couple has two daughters. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. A Conversation with Indra Nooyi. 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 is the former Chairman and CEO of PepsiCo (2006-2019). Her fortune stems from stock she was granted while working at PepsiCo. [citation needed] The Quaker Oats Company's ownership of Gatorade was a positive strategic move for PepsiCo, since Gatorade was responsible for 80% of sports drink sales at the time. Then, in 1986, she moved on to Motorola as a senior executive. My Life in Full: Work, Family, and Our Future. The company was able to accelerate its share buyback strategy thanks to the financial benefits of this spinoff, giving it more leverage to pursue acquisitions in the future without as much shareholder opposition. Performance & security by Cloudflare. 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. WATCH Former PepsiCo CEO Indra Nooyi with Moira Forbes on her trailblazing career, the future of work, and solving for our childcare crisis. Under her leadership, PepsiCos revenues increased from $35 billion in 2006 to $63.5 billion in 2017. WATCH Oct 13, 2021 Indra. 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. She changed her job yet again in 1990, this time accepting the post of senior vice president and director of corporate strategy and strategic marketing at Asea Brown Boveri (ABB). She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). What experiences do you share in common? One offer came from General Electric, the other from PepsiCo. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. When it comes to leadership, the odds have always been stacked against women. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. While studying at the Yale University, she worked as a receptionist from midnight till sunrise. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. She became the school's biggest alumni donor in history and the first woman to endow a deanship at a top business school with her gift. She couldnt afford to purchase professional workwear and spent most of her summer job in a sari. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. She would play guitar in a band and be often referred to as rebellion or wild. A CEOs most lasting contribution is oftentimes the intangible. Ms Nooyi is married and has two daughters. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. Associate Editor, Encyclopdia Britannica. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. In 2006, Indra Nooyi became the CEO of PepsiCo. 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. Everything goes old after a day, life keeps on going and getting upgraded. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. Nooyi resides in Greenwich, Connecticut, with her two daughters. She also aggressively pursued international expansion. This lovely couple has 2 daughters. Her inspiring story has set an example for people of all ages and backgrounds. Using the advice of a professor she confided in, she took on her next interview in a sari and nailed it. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. Then, in 1986, she moved on to Motorola as a senior executive. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. 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. Now what? 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. 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 has always been highly innovative . Indra Nooyi Autobiography . In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. 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. The annual net profit of PepsiCo increased to $6.5 billion from $2.7 billion. Awards and Milestones. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. PepsiCo's main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola. In its global food and beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual retail sales. Indra will be speaking on Wednesday, January 12, from 10:00 - 11:15 a.m. PST. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. 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. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). However, up until the beginning of 2019, Nooyi maintained his position as the companys chairman. 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. . Indra Nooyi also serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst, and the Lincoln Center for the Performing Arts. Indra Nooyi is an icon of success, resilience, and hard work. Indra Nooyi Biography is very inspiring. 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. 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. She has consistently ranked on Forbes magazines list of The World's 100 Most Powerful Women. A natural born leader. 21, 2023 7:30 P.M. at Texas Hall. She was an excellent and bright student, through which she got admission to one of India's prestigious institute named the Indian Institute of Management in Calcutta, she completed her Post Graduation in Management (MBA), in 1976. She has attained this prestige as a strategist. She has been offered a job by many prestigious organizations including General Electric and PepsiCo. She did it anyway, with ample support from her parents. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. In 2020, company-operated U.S. facilities are using 100% renewable electricity. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Laurie Spens Photography. [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. Growing up in Madras (now Chennai), Tamil Nadu, India, Nooyis academic beginnings started at Holy Angels Anglo Indian Higher Secondary School. She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. She was born on 28 October 1955 in Chennai, India. Thereafter she became the CEO of it in 2006. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. As CEO, she thwarted a bid to break up PepsiCo, nearly doubled sales and introduced healthier products and environmentally friendly practices. Nooyi came in second place on Fortunes 2015 list of the most influential women. Nooyi served as the companys CEO (200618) and chairman of the board (200719). She grew up in a close family with two siblings, her parents, and her grandparents. Nooyi has been constantly ranked among the world's most powerful women. Read an excerpt here.For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. Prior to becoming CEO, Ms Nooyi served as PepsiCos president and chief financial officer and was a member of the companys board of directors. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. Please include the Ray ID (which is at the bottom of this error page). [54][55], Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. Holy Angels Anglo Indian Higher Secondary School, Indian Americans in the New York City metropolitan area, "2007 Outstanding American by Choice Recipients", United States Citizenship and Immigration Services, "Indra Nooyi and Chandrika Tandon - pg.7", "PepsiCo CEO Indra Nooyi Is Stepping Down After 12 Years", "PepsiCo, Inc. (NYSE:PEP): Second Quarter 2010 Earnings Preview", "Forbes Magazine's List of The World's 100 Most Powerful Women", "The 19 Most Powerful Women In Business 2017: CEOs And More With Ambitious Goals", "PepsiCo's former CEO Indra Nooyi joins Amazon's Board of Directors", "ICC appoints Indra Nooyi as Independent Director", "Indra Nooyi: The Indian executive who broke glass ceiling in corporate America", "Indra Nooyi, Chairman and Periya thala of PepsiCo, Named CEO of the Year by GSCLG", "Departing PepsiCo CEO Indra Nooyi Did It Her Way", "How Indra Nooyi changed the face of PepsiCo", "PepsiCo: Is It One Of The Best Dividend Stocks?