(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). They write new content and verify and edit content received from contributors. Education, Family , Ethnicity & Boyfriend :-School Name: . 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. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Indra Nooyi is the former CEO of one of the largest food and beverage companies- PepsiCo. Education. Her eldest daughter, Preetha, graduated from the Wharton School of the University of Pennsylvania. Image Credits: Dave Puente Photography. Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! She grew up in a close family with two siblings, her parents, and her grandparents. She became a top alumni donor to Yale's business school after giving an undisclosed amount in 2016. Brands. Nooyi discusses her trajectory to become the first woman of color and immigrant to run a Fortune 50 company, the difficulties that came with managing a demanding job with a growing family, and what she learned along the way. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade second in the sports drink segment. Copyright BlogzBite 2021. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Nooyi always focused on learning whether it comes from a positive or negative experience, she would learn and move on, even on other days she always tried to keep herself updated through learning that a hallmark of a great leader. Nooyi was a member of the girl's cricket team. Both of these ventures proved to be highly profitable to the company. On April 5, 2007, she was awarded the Padma Bhushan award by the President of India Dr.APJ Abul Kalam Azad at the Rashtrapati Bhavan. Nooyi has an estimated net worth of $290 million. Indra Krishnamurthy was born on 28 October 1955, in Madras (now Chennai), Tamil Nadu. Indra Krisnamurthy was born in Madras (now called Chennai), India, on October 28, 1955. This is what a great leader does. 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. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. A natural born leader. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. Her mother Shantha Krishnamurthy was a house maker. [46], While CEO of PepsiCo in 2011, Nooyi earned $17 million, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value and deferred remuneration of $3 million. 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. 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. Nooyi came in second place on Fortunes 2015 list of the most influential women. Born Indra K. Nooyi, October 28, 1955, in Madras, India; married to Raj; children: two daughters. In 2006, PepsiCo CEO Steve Reinemund retired and Nooyi became the fifth CEO in PepsiCo's 44-year history. In 2017, Forbes ranked her the second most powerful woman in business. She was also co-chair of The Reopen Connecticut Advisory Group, developing recommendations and guidelines for reactivating the state's economy post-pandemic. 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 served as the company's CEO (2006-18) and chairman of the board (2007-19). Her mother was the driving force behind her good grades. How To Create Folders Quickly Based On Cell Values In Excel? For some people age is just a number, many great leaders didn't stop even at the age of 40 and 50 and even more. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. Mrs. . 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. Born into a middle-class family in Chennai, she came a very long way. Nagar. Her father was a bank official, and her mother was a house wife. Indra Nooyi always believed that we should spend time with our family and friends apart from our work and enjoy every moment with them. Laurie Spens Photography. Now what? Brands. A stay-at-home housewife, Nooyis mother did not get the college experience she hoped for due to financial reasons. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. 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. Given the changing food preferences of the consumers, she felt that it was important for PepsiCo to expand into more healthful snack options. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. https://www.thefamouspeople.com/profiles/indra-nooyi-6440.php. Welcome to the BlogzBite.com Informational Article Web Page. Her fortune stems from stock she was granted while working at PepsiCo. Indra Nooyi sharpened her ability to simplify complexity and communicate clearly. Worked at British textile company Tootal in India . She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. [95] Forbes ranked her at the third spot among "World's Powerful Moms" list. From April 2015 until April 2020, she was a director of Schlumberger Limited. My Life in Full: Work, Family, and Our Future. For her latest notes on work, family, and our future, subscribe to her newsletter, Insight. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. She has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. 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. Brands, one of the largest fast food companies in the world. 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. [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. As a result, the web page can not be displayed. 103.74.118.106 Write in eighth-grade language to reach the broadest audience. She did it anyway, with ample support from her parents. in 1997. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Image Credits: Dave Puente Photography. Indra Nooyi (ne Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo. Indra K. Nooyi is the Chairman of the Board of Directors and Chief Executive Officer at PepsiCo. Her visionary approach to problem-solving enabled her to craft effective strategies that had a profound impact on the companys trajectory. Nooyi currently resides in Greenwich, Connecticut, and has two daughters. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. She was consistently . There she had gained enough experience of working on diversifying strategic projects for 6 successive years. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Chennai, India, which is an all-girls Roman Catholic private convent school. 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. 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. 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. She gained much prominence as a strategist and received job offers from several prestigious companies including General Electric and PepsiCo. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. Mrs. Nooyi is married and has two daughters. Indra Nooyis business career has been driven by a passion to do whats right (purpose), the drive to exceed expectations (performance) and the desire to help others succeed (people). Cloudflare monitors for these errors and automatically investigates the cause. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. Her first job was with Tootal, a British textile company which had extensive holdings in India. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. Other executives at PepsiCo and critics on Wall Street initially opposed the $3.3 billion acquisition of Tropicana. 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. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. There is an issue between Cloudflare's cache and your origin web server. Instead, she encouraged her daughters to and promised them that if they did well, In 2006, Indra Nooyi became the CEO of PepsiCo. [3][4][5], She has consistently ranked among the world's 100 most powerful women. [90], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. 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. 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. Indra Nooyi's daughters are both highly educated. Omissions? She sits on the supervisory board of Philips and is a member of the nominating and corporate governance committee. Nooyi is a Successor Fellow of the Yale Corporation. Laurie Spens Photography. [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. [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. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. In 2007 and 2008, she was one of Times 100 Most Influential People in the World. In 1994, she was invited by Wayne Calloway, Jack Welch, the head of General Electric, and PepsiCo CEO, for jobs in their respective organisations. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Nooyi was one of the 50 women watched in 2007 and 2008 by the Wall Street Journal. The couple has two daughters. [94] Nooyi has two daughters and resides in Greenwich, Connecticut. She possessed a rebellious streak as a young girl, and was known to be wild. Indra with her husband Raj and daughters, Preetha and Tara. 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. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. Citations for Medalists. 2023 Forbes Media LLC. Through this incident, she realised that she wasn't completely prepared for the business world and decided to pursue further education at yale school of management in the U.S. in 1978. [28][29], Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[30][31] and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. Cloudflare Ray ID: 7a2b1030c8fe1085 Eve Nooyi was responsible for guiding a major restructuring, which included the companys spin-off of its restaurantswhich included KFC, Pizza Hut, and Taco Bellinto Tricon Global Restaurants (which later became Yum! A brilliant student, she completed her MBA from the Indian Institute of Management in Calcutta, and worked with Johnson & Johnson.