[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. [39], Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. [60][61] After five years on top, PepsiCo's Indian American chairman and CEO Indra Nooyi has been pushed to the second spot as most powerful woman in US business by Kraft's CEO, Irene Rosenfeld.[62]. Indra Nooyi of PepsiCo - Case Study Indra Nooyi has brought a democratic leadership and a strong vision to PepsiCo. The conversation gave Nooyi the confidence she needed. It had had been founded in Manchester, England, in 1799, but had extensive holdings in India. ", "PepsiCo's CEO Indra Nooyi was right. [8][50] Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010. Indra Nooyi is chairman and former chief executive officer of PepsiCo. However, Nooyi continued to serve as the chairman of the company until early 2019. Nooyi helped lead the PepsiCo Foundation’s efforts to address issues of global concern, like racial and gender equality. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. She went to the Holy Angels Anglo Indian Higher Secondary School. [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. [12], Nooyi was born in Madras (now known as Chennai), Tamil Nadu, India. It was stylish to “go organic” and purchase natural products. That prepared her to thrive … [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. Nooyi’s tenacity and talent caught the eye of both General Electric and PepsiCo and soon the two were vying to take her on board. [97], Indian American business executive and former CEO of PepsiCo, Holy Angels Anglo Indian Higher Secondary School, Indians in the New York City metropolitan region, https://www.facebook.com/uscis/posts/indian-born-indra-k-nooyi-a-2007-uscis-outstanding-american-by-choice-is-one-of-/3080582295286303/, "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 CEO 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? Indra Nooyi (née Krishnamurthy; born October 28, 1955) is an Indian-American[3] business executive and former chairperson and chief executive officer (CEO) of PepsiCo. Indra Krishnamurthy Nooyi is the Chairperson and CEO of PepsiCo. She climbed trees, played cricket, and rocked out on her guitar in local halls as her parents watched from the front row. To pursue higher studies, she went to US with little money. 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. [citation needed] Acquiring Tropicana allowed PepsiCo to gain a competitive edge; Tropicana at the time captured 44% of the chilled orange juice segment, the fastest growing segment of the juice market, an especially positive metric when compared to Coca-Cola's Minute Maid which captured less than half of Tropicana's market share. Although she grew up in a conservative South Indian family in Madras, India, Nooyi embodies the same instinct for innovation. [83], In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. In 1978, after working for Johnson and Johnson, Nooyi applied to the Yale School of Management. She got her masters degree from Yale school of management. Her acceptance—one of five women admitted to a science program—was an exceptional achievement. Indra Nooyi is the former Chairman and CEO of PepsiCo. During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCo’s total shareholder return was 162%. She received Bachelor’s Degrees in Physics, Chemistry and Mathematics from Madras Christian College of the University of Madras in 1974. The business management bug bit Nooyi partway through her undergraduate program and, after completing her first master’s degree at the Indian Institute of Management in Calcutta, Nooyi accepted a position at Johnson & Johnson in India. [48], In 2018, Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine. Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. Citations for Medalists. Indra Nooyi Education. Nooyi stepped down from the company in early 2019, but during her tenure, sales increased by 80% and PepsiCo’s philanthropic and community initiatives expanded, leaving the company vastly more successful than when she joined. Originally published on Fortune. Indra Nooyi is an Indian American business executive and former CEO of PepsiCo. ... That support will help 25 million families by providing critical recycling education and single and multi-family home recycling programs. [7] In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women,[8] and was ranked the 2nd most powerful woman on the Fortune list in 2015. 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. The company now offers on-site services, such as daycare, to support employees with families. From April 2015 until April 2020, she was a director of Schlumberger Limited. Indra K. Nooyi, "Indra Krishnamurthy Nooyi Receives Honorary Doctorate From NYU", "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list", "Babson College Commencement 2004: Citations for Medalists", "PepsiCo president Indra Nooyi elected to Yale Corporation", "Amazon.com, Inc. - Officers and directors", "Temasek launches Americas Advisory Panel", "PepsiCo CEO Indra Nooyi Joins Trump's Business Council", "Ex-PepsiCo CEO Indra Nooyi joins Amazon's board", "Class of 1951 Distinguished Lecture Series and Chair for Leadership Study", "MIT School of Engineering | » Dean's Advisory Council", "MIT Corporation elects 12 term members, three life members", "Indra Nooyi becomes Yale's biggest alumni donor", "A gift that keeps giving: Indra Nooyi is 'most generous graduate' of Yale school of management - India News , Firstpost", "Distribution of 200K books to Connecticut students could start next week", "PepsiCo's CEO shares the trick that has helped her stay married for 37 years", "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar", "Clinton, Nooyi, Sonia among "World's Powerful Moms" list", "Indra Nooyi on making Pepsico "good for you and me, PepsiCo names Nooyi CEO as Reinemund retires, The Pepsi Challenge, profile Indra Nooyi (Fortune), Reference for Business: Indra Nooho Leadership Biography, Video of discussion with Indra Nooyi at the Asia Society, New York, 4/14/2009, Harvard Business Review: Becoming a Better Corporate Citizen, https://en.wikipedia.org/w/index.php?title=Indra_Nooyi&oldid=1000745760, American chief executives of food industry companies, Indian Institute of Management Calcutta alumni, Recipients of the Padma Bhushan in trade and industry, American chief executives of Fortune 500 companies, Articles with dead external links from January 2018, Articles with permanently dead external links, Articles with dead external links from September 2018, All Wikipedia articles written in American English, Articles with unsourced statements from June 2019, Articles with unsourced statements from September 2013, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 16 January 2021, at 14:20. In their largest grant to date in the New York City area, the PepsiCo Foundation committed $4 million to the Robin Hood Foundation to confront poverty among young women living in the Bronx, the city’s poorest borough. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Early Life and Education . Indra Nooyi, CEO Pepisco, about the importance of education and outreach to women executives and employees. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. from IIM Calcutta in 1977 M.A. Nagar. Nooyi was ranked 86 th in the Most Powerful Woman’s list by Fortune as well. Nooyi has 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! Advanced ticket purchase is required. [94], Her older sister is businesswoman and Grammy-nominated artist Chandrika Krishnamurthy Tandon. A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. Nooyi was born ... Education. In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. [88], In 2016, Nooyi gifted an undisclosed amount to her alma mater, The Yale School of Management. Many colleagues questioned why Nooyi had been hired to a senior level position given what they perceived to be her limited experience. Indra Nooyi with Narendra Modi. [29][38] In 2015, Nooyi removed aspartame from Diet Pepsi, furthering the shift towards healthier foods, despite lack of evidence of aspartame's harmful effects. In 1976, she left Chennaifor an M.B.A program offered by IIM, Calcutta(now, Kolkata). [44], In April 2020, it was announced that Nooyi – along with Yale epidemiologist Dr. Albert Ko – will represent Connecticut on the six-state working group planning for the careful easing of COVID-19 restrictions. Now what? After that, Nooyi was hired as a brand manager at the Bombay offices of Johnson & Johnson, the personal-care products maker. India: Indra Nooyi was born in Madras, present-day Chennai. [91], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. [57][58], Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. She received degrees in Physics, Chemistry, and Math. Between February 2000 and April 2001, Nooyi was Senior Vice President, and Chief Financial Officer of PepsiCo. For her visionary leadership of PepsiCo, where her focus on global growth, nutrition and healthier products, science and engineering education and training, and the empowerment of women and girls positioned the food and beverage giant as a leading force in worldwide business and social responsibility. [32] In 2014, she was ranked #13 by Forbes. “Whether you are from the IITs or the IIMs, the Indian education system dishes to … Hard work and courteousness came naturally, but the expectation to do without professional success was tougher to swallow. After taking a top management position at Pepsico in 1994, Nooyi oversaw major decisions that affected the direction of the food and beverage giant. [23] Nooyi also took the lead in the acquisition of Tropicana in 1998,[24] and the merger with Quaker Oats Company, which also brought Gatorade in 2001. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked 2nd. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. Nooyi received bachelor's degrees in physics, chemistry and mathematics from Madras Christian College of the University of Madras in 1974, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976. [79] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[80] and the Lincoln Center for the Performing Arts. [81][85], Nooyi also serves as the Class of 1951 Chair for the Study of Leadership at West Point,[86] a Dean's Advisory Council member at MIT's School of Engineering,[87] and a member of the MIT Corporation. As a young girl, she played the guitar in a band and was also a member of an all-girls’ cricket team. The campaign was a hard-fought success and, in many ways, prepared Nooyi for obstacles she would face when she moved to the United States in 1978 to pursue a second master’s degree at Yale. 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