[16] Please include the Ray ID (which is at the bottom of this error page). [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. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. Copyright BlogzBite 2021. Bachelor of Arts/Science, Madras Christian College; Master of Business Administration, Yale School of Management. She moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the "fun" offerings. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelors degrees in physics, chemistry, and mathematics. She has always denied supporting the so cold binding and conservative norms existing in society. As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. 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. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. From a skin care guru to big tech executives, meet the newest additions to Forbes latest list of the countrys most successful women entrepreneurs, executives and entertainers. Laurie Spens Photography. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. PepsiCo CEO until 1994 and CFO until 2001, respectively. She also held the positions of senior vice president for strategic planning at PepsiCo from 1994 to 1996 and senior vice president for corporate strategy and development from 1996 to 2000. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. Between 1986 and 1990, Mrs. Nooyi worked for Motorola, where she was Vice President and Director of Corporate Strategy and Planning, having joined the company as the business development executive responsible for its automotive and industrial electronics group. Indra Nooyi was born in Madras, Tamil Nadu, in 1955. She also aggressively pursued international expansion. 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. Indra Nooyi is an Indian born American business entrepreneur and former chairperson and CEO that is chief executive officer at PepsiCo. Updates? In 2006, Indra Nooyi became the CEO of PepsiCo. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. Image Credits: Dave Puente Photography. Your IP: This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. Nooyi served as the company's CEO (2006-18) and chairman of the board (2007-19). How To Create Folders Quickly Based On Cell Values In Excel? [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. Indra Nooyi's daughters are both highly educated. Nooyi resigned as CEO on August 6, 2018, and Ramon Laguarta, a 22-year PepsiCo veteran, took her place on October 3 and joined the board of directors. Her clients ranged from textiles and consumer goods companies to retailers and specialty chemicals producers. I can work with other women to figure out how to get them to C-suite positions, as a mentor and supporter,. How Jeff Bezos And Indra Nooyi Make Simple Their Superpower, The Celebrities On Forbes 2022 List Of Richest Self-Made Women, PepsiCos Indra Nooyi, The Queen Of Pop, Shares Her Tips For Bringing Compassionate Leadership To Work, To Become A Future Purpose-Driven Leader, Cultivate These Skills Now, 2021 Forbes Power Womens Summit: Power Pairing: Solving For The Care Crisis, Indra Nooyi: Why Paid Leave Is A Human Issue, Not A Political One, Forbes Announces 2021 Power Womens Summit, Recognizing Trailblazing Leaders Who Are Reshaping The World, Indra Nooyi: "We Need To Stop Talking About Childcare As A Female Issue" | Two Minute Takeaway | Forbes, Indra Nooyi Built This Foundational Skill To Become PepsiCo CEO, Indra Nooyi On Owning Her Authentic Self: "What You See Is What You Get" | Two Minute Takeaway | Forbes, Indra Nooyi To Big Business: "You Should Be Thanking Working Mothers For What We Do" | The Takeaway | Forbes, Dolly Parton, Indra Nooyi And The 13 Other Newcomers To Forbes 2021 List Of Americas Richest Self-Made Women, Indra Nooyis Passions: People, Performance & Purpose At PepsiCo And Beyond, Why PepsiCo's Indra Nooyi Will Be Hard To Replace, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Then, in 1986, she moved on to Motorola as a senior executive. [43] She will help draft the state's new economic development strategy. Forbes named her the #3 most powerful woman in 2008. [32] In 2014, she was ranked #13 by Forbes. In 2008, Forbes ranked her third among the most powerful women. In fact, it dates all the way back to Nooyis academic career which is just as illustrious as her professional one. Cloudflare monitors for these errors and automatically investigates the cause. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. 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. [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. She has been a member of the All-Girls Cricket Team. This is what a great leader does. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. She played guitar in a band and was also a member of an all-girls' cricket teamactivities girls in her social strata rarely participated in. She also went to the Yale School of Management for her further education. Nooyi resides in Greenwich, Connecticut, with her two daughters. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Forbes magazine ranked Nooyi in The World's 100 Most Powerful Women from 2008-2017. My life in full Indra nooyi 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. 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. Brands. At that time advertising for feminine hygiene products was banned in the country and Stayfree was struggling to gain a foothold. Nooyi held the position of senior vice president and chief financial officer at PepsiCo from February 2000 to April 2001. Our aim is to provide you all the latest informational articles related to different niches, [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. 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. Now what? There is an issue between Cloudflare's cache and your origin web server. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. In 2007, the Government of India awarded her the Padma Bhushan, the countrys 3rd highest civilian honor. Born into a middle-class family in Chennai, Nooyi has always been someone who refused to adhere to the conservative norms of the society. Which owns pizza hut and KFC, and in 1998 company could go for the acquisition of Tropicana and also merged with Quicker Oats. Indra Nooyi become CEO of PepsiCo when she was 50 years old, her diversified experience in different departments of different companies made her wise and far-sighted, and also increased her enthusiasm, and even after 12 years of service she maintained or even increased the quality and level of her enthusiasm this is a quality of a true leader. She is married to Raj Nooyi, a management consultant of Indian origin. 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. She was an excellent student, she earned her master's degree in Business Administration from the IIM, Calcutta, and also worked with Johnson & Johnson. The fifth chairman and CEO in PepsiCos 42-year history, Nooyi was the first woman to lead the soft-drink and snack-food giant and one of only 11 female chief executives of Fortune 500 companies. Citations for Medalists. In recognition of her impressive work with the company, Nooyi was promoted to chief financial officer in 2000 and the president in 2001. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. It was unheard of for a good, conservative, south Indian Brahmin girl to do this, Nooyi explained to Murray. 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. 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. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. Brands. It was a fascinating experience because you couldnt advertise personal protection in India, she recalled in an interview with Sarah Murray of the Financial Times. There is an issue between Cloudflare's cache and your origin web server. Everything goes old after a day, life keeps on going and getting upgraded. 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. 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 has been instrumental in the diversification and expansion of PepsiCos brands which had primarily been more focused on soft drinks. In 2009, She has been elected as CEO of the Year, by the Global Supply Chain Leaders Group. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. 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. [97], Her older sister Chandrika Krishnamurthy Tandon is a businesswoman and also a Grammy-nominated artist. In 1986, she moved to Motorola as a senior executive in the automotive division development team. 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.
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