Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Her experience at Johnson & Johnson made her realize that she was still unprepared for the business world, and thus she decided to pursue further education. As a product manager at Johnson & Johnson, she was tasked to introduce Stayfree sanitary napkins to the Indian market. The divesture resulted in the creation of Tricon Global Restaurants, Inc., now renamed as Yum! Indra Nooyi Education. 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. The yearly net profit of PepsiCo increased from $2.7 billion to $6.5 billion. Indra is married to Raj Nooyi, Raj is a management consultant. Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. 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. from IIM Calcutta in 1977 M.A. Nooyi was president and chief financial officer before becoming CEO. Education: Madras Christian College, B.S. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. 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. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. READ: Meet Arvind Krishna: The Rising Star of the Corporate World. [93], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Her success caught the attention of recruiters . Today, shes doing just that while mothering her two children and prepping for the release of her much-anticipated memoir, My Life in Full: Work, Family and Our Future. [15], Nooyi received bachelor's degrees in physics, chemistry and mathematics from Madras Christian College of the University of Madras in 1975, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976. Then, in 1986, she moved on to Motorola as a senior executive. There is an unknown connection issue between Cloudflare and the origin web server. Indra Nooyi is an Indian-American business executive and previous CEO and president of PepsiCo, who also sits on the boards of the International Cricket Council and Amazon. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. 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. 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. Mrs. Nooyi is married and has two daughters. Indra's memoir, a New York Times bestseller, offers insight and a call-to-action from one of the world's most-admired business leaders on how our society can blend work and family and advance women in the 21st century. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. At the time, Indra was working for top consultancy BCG in Chicago. 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. Indra Nooyi Interview . [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. Nooyi resides in Greenwich, Connecticut, with her two daughters. Nooyi also focused on sustainability and environmental issues as part of Performance with a Purpose. 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. She has attained this prestige as a strategist. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. 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. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. The couple has two daughters. 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. Her initiative was backed up with ample funding. Indra Nooyi is an exemplary embodiment of modern business leadership. 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. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. because we know knowledge is power and we want to be your medium of power. Soon after, she shifted her focus to business and decided to pursue an MBA at the Indian Institute of Management in Calcutta which at the time, was just one of two schools in the country that offered the now career-transforming programme. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi. 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. [49][50], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. In a radio interview, Nooyi stated that PepsiCo is getting ready to launch products designed and packaged as per women's preferences, and based on behavioral differences in the way men and women consume snacks. She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. She also used to play guitar in a band. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. In her book 'My Life in Full', former PepsiCo CEO and Chair Indra Nooyi (above) makes a plea to men: Come to the table on gender equality.. And, no wonder. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. In her role as CEO, she prevented a plan to split up PepsiCo, nearly doubled sales, and brought healthier products and eco-friendly practices. Please include the Ray ID (which is at the bottom of this error page). By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. I was very honored to be included in the Smithsonian Institutions National Portrait Gallery with this painting by artist Jon R. Friedman. Indra Nooyi. There she had gained enough experience of working on diversifying strategic projects for 6 successive years. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. 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. [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. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. 2023 Forbes Media LLC. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. 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. Blogzbite has more than 50 experienced and budding content creators and bloggers under its umbrella and they work with a same mission to provide credible, correct and concise knowledge to the visitors. Image Credits: Dave Puente Photography. Our aim is to provide you all the latest informational articles related to different niches, because we know knowledge is power and we want to be your medium of power. ", 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.". Additional troubleshooting resources. 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. She was consistently . On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. PepsiCo benefited from The Quaker Oats Companys ownership of Gatorade, which at the time accounted for 80% of sales of sports drinks. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. It would make her an absolutely unmarriageable commodity after that.. [99], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.[100]. Brands, one of the largest fast food companies in the world. [86], Since February 2019, Nooyi has been a member of the board of directors at Amazon. Nooyi worked as CEO of PepsiCo for 12 years, which is 7 years longer than any average CEO tenure. Although analysts expressed surprise at the timing of Nooyis appointment as chairman (her predecessor, Steven Reinemund, had served just five years before abruptly deciding to retire), many praised the skills that she would bring to the job. WATCH Oct 13, 2021 Indra. Your IP: And then from 1996 to 2000, she served as Senior Vice President of Corporate Strategy and Development. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Her fortune stems from stock she was granted while working at PepsiCo. She possessed a rebellious streak as a young girl, and was known to be wild. Everything goes old after a day, life keeps on going and getting upgraded. My Life in Full: Work, Family and Our Future. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. 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. 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. [85], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Ms Nooyi is the recipient of 15 honorary degrees. Awards and Milestones. Despite taking on an assignment even a seasoned manager might struggle with, Nooyi came out on top. It was a monumental task the brand was struggling to become a household name, but Nooyi eventually succeeded in increasing its visibility. However, Nooyi continued to serve as the chairman of the company until early 2019. from Yale School of Management in 1978 School: Holy Angels Anglo Indian Higher Secondary School, Madras (now Chennai), India College: The Madras Christian College (MCC), Tambaram, Chennai, Tamil Nadu, India Indian Institute of Management Calcutta, Joka, Kolkata, West Bengal .