She was born on 28 October 1955 in Chennai, India. She is married to Raj Nooyi, a management consultant of Indian origin. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Instead, she encouraged her daughters to and promised them that if they did well, she wouldnt marry them off at 18. 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. Forbes has been consistently listing Indra Nooyi's name among the world's top 100 most powerful women. She was part of the top management team responsible for the companys U.S. business as well as its worldwide industrial businesses, representing about $10 billion of ABBs $30 billion in global sales. 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. Education. In 1980, Nooyi started working as a strategy consultant at the Boston Consulting Group (BCG) and then joined Motorola on the designation of Vice President and Director of Corporate Strategy and Planning, then she moved to join Johnson & Johnson on the designation of a product manager. because we know knowledge is power and we want to be your medium of power. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Nooyi resides in Greenwich, Connecticut, with her two daughters. Prior to Motorola, she spent six years directing international corporate strategy projects at The Boston Consulting Group. She also used to play guitar in a band. In 1981, Indra tied the knot with AmSoft Systems president Raj K. Nooyi. Aruna Sairam, a carnatic musician from South India, is Indras aunt. 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. [53], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. I had the privilege of talking with the companys former Chairman and CEO to learn her secret sauce. 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. Born into a middle-class family in Chennai, she came a very long way. Indra Nooyi Net Worth . Qualification: B.S. The pathway to where she is today began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. As an Indian-American, she has achieved success within the corporate sphere, most notably as the former CEO and executive of PepsiCo. She enjoyed being a learner and graduated in 1980. https://www.britannica.com/biography/Indra-Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi, National Women's History Museum - Indra Nooyi. In 2017, Forbes ranked her the second most powerful woman in business. Indra Nooyi Interview . [94] Nooyi has two daughters and resides in Greenwich, Connecticut. She deserves recognition as a corporate visionary, an outstanding leader, a change agent, and a talent maven. [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. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. I was a middle child . In 1994, she joined PepsiCo. Nooyi's family was middle class and, like most of their neighbors, devout Hindus and relatively conservative. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. [83], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. An experienced leader in the business world, Indra Nooyi has held executive positions at major companies all over the world. Her father was a bank official, and her mother was a house wife. In 1990, she was senior vice president and director of corporate strategy and strategic marketing at Asea brown Boveri. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. Her father was Krishnamurthy and would work in the State Bank of Hyderabad. Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. When asked why women fail to reach the top echelons of management, Indra Nooyi said that the only way up was to prove your mettle..Indra Nooyi . After getting her degree, she joined the Boston Consulting Group as a director of international corporate strategy projects. 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. Nooyi is a resident of Connecticut and a Yale SOM classmate of Connecticut Governor Ned Lamont. In her childhood, she was a rebellious young girl and was known to be "wild". Nooyi led a major restructuring, which included getting KFC, Pizza Hut, and Taco Bell divested into Tricon Global Restaurants now known as Yum! She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class family. Indra Krishnamurthy Nooyi: Indra Nooyi, the former chair and CEO of PepsiCo, left the company in 2019 after serving for 24 years half of which she served in the top position. 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. As recent as 1995, there were no female CEOs on the Fortune 500 list. In addition, she oversaw the acquisition (1998) of Tropicana Products and a merger in 2001 with the Quaker Oats Co. as part of the companys strategy of diversifying into more healthful drinks and foods. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. In 1974, she graduated from Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. [3][4][5], She has consistently ranked among the world's 100 most powerful women. In addition, Nooyi was in charge of the Tropicana acquisition in 1998 and the merger with the Quaker Oats Company that led to Gatorade in 2001. [41] During her tenure, the company's sales grew 80%. Nooyi eventually introduced itself in the country by directly taking the support of young females by marketing to female students at schools and colleges. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. 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. 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. Indra Nooyi Education. [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. This job required Nooyi to integrate a group of around 15 diverse businesses into a cohesive operation. She played an instrumental role in PepsiCos acquisition of Tropicana and merger with Quaker Oats Company. On October 7, 2010, Fortune magazine ranked her the 6th most powerful woman in the world. 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. [51], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. Her father was a bank official. She also served as PepsiCo's senior vice president for corporate strategy and development from 1996 until 2000, and as PepsiCo's senior vice president for strategic planning from 1994 until 1996. 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. Indra Nooyi is the former Chairman and CEO of PepsiCo (2006-2019). Nagar. The chairman and chief executive officer of PepsiCo explains how tomorrow's leaders must develop a personal understanding of the markets and cultures in China, India, and other emerging markets. began before she assumed her first and second jobs in India as a project manager at Mettur Beardsell, Ltd. and Johnson & Johnson respectively. Brands. [25] The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. [81] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[82] and the Lincoln Center for the Performing Arts. During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCos total shareholder return was 162% beating the S&P over the same period. . Our aim is to provide you all the latest informational articles related to different niches, 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. PepsiCo CEO until 1994 and CFO until 2001, respectively. Performance with a Purpose, Nooyis strategic reorientation of PepsiCo, has been largely successful, resulting in long-term growth and a positive impact on society and the environment. PepsiCos acquisition over Tropicana and merger with Quaker Oats Company was because of Nooyi and her significant contribution. Over the next couple of years, she worked closely with the new CEO, Roger Enrico, and worked on shaping the companys future expansion and growth strategies. After joining PepsiCo, Nooyi has made her prominent and significant contributions which lead the companys global strategy and focused on extensive expansion and restructuring process, all the restaurants were divestiture. Tuesday, Mar. [98] South Indian Carnatic musician Aruna Sairam is Indra's aunt. PepsiCo at that time owned KFC, Pizza Hut, and Taco Bell restaurant chains. In 1986, she then started working as a senior executive in the automotive division development team in Motorola, and soon in 1988, because of her diligence, she was promoted to the designation of vice president and director of corporate strategy and planning. 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. 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. Forbes ranked her 13th in 2014. After this, she worked as a director of international corporate strategy projects at the Boston Consulting Group. This strategic move gave PepsiCo leverage against Coca-Cola, which owns Powerade, the second-largest sports drink company, just like the Tropicana acquisition did. Let us know if you have suggestions to improve this article (requires login). In 2011, Nooyi earned $17 million as CEO of PepsiCo, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value, and deferred remuneration of $3 million. Ms Nooyi is married and has two daughters. Before joining PepsiCo in 1994, Ms Nooyi spent four years as Senior Vice President of Strategy, Planning and Strategic Marketing for Asea Brown Boveri, a Zurich-based company. Ms Nooyi is now a member of the board of Amazon, where she chairs the audit committee. [16] [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. 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. Indra Nooyi Autobiography . In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. From April 2015 until April 2020, she was a director of Schlumberger Limited. As an employee of PepsiCo, Nooyi is credited to have directed the companys global strategy, leading to its extensive expansion and restructuring including the divestiture of its restaurants. Awards and Milestones. Indra Nooyi, Former Chairman & CEO at PepsiCo, and Anne-Marie Slaughter, CEO of New America, join Maggie McGrath to discuss "Solving For The Care Crisis. This is what a great leader does. A CEOs most lasting contribution is oftentimes the intangible. Till now she has been reflected to be a great asset for many prestigious companies and by the time, she started getting golden offers for head positions in many largest companies in the world. Omissions? In 2017, Forbes ranked her, the second most powerful woman in business. A natural born leader. In 2009 and 2010, Fortune ranked her first on its list of the Most Powerful Women in Business. Mrs. . In 1994, Indra Nooyi started giving her services as senior vice president of corporate strategy and development at PepsiCo. 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. [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. 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. Please include the Ray ID (which is at the bottom of this error page). In 1986, she moved to Motorola as a senior executive in the automotive division development team. 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. ", "Follow Indra Nooyi's example: Be a leader people want to follow", "PepsiCo CEO Indra Nooyi's long-term strategy put her job in jeopardy but now the numbers are in, and the analysts who doubted her will have to eat their words", "Indra Nooyi on making Pepsico 'good for you', "Indra Nooyi's Passions: People, Performance & Purpose At PepsiCo And Beyond", "PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New", "PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO", "PepsiCo CEO Indra Nooyi is stepping down", "Connecticut Governor Names Indian American Executive Indra Nooyi to CERC Board of Directors to Improve Economic Strategy", "A Wall Street exec volunteers, and Lamont readily accepts", "NE governors promise to cautiously ease COVID-19 restrictions", PepsiCo CEO Nooyi gets $17 mn in compensation, "PEPSICO INC Executive Salaries & Other Compensation", "PepsiCo's Indra K. Nooyi Elected Chairman of U.S.-India Business Council", "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal", "Academy Announces 2008 Class of Fellows", "America's Best Leaders: Indra Nooyi, PepsiCo CEO", India-born Indra Nooyi named CEO of the year, Brendan Wood International Announces 24 TopGun CEOs in the US, "Indra Nooyi second most powerful woman in US business", "Lin-Manuel Miranda, Jeff Bezos, Anna Wintour, and More in the National Portrait Gallery's Newest Additions", "League of Women Voters salutes Greenwich resident Nooyi", "Michelle Obama, Mia Hamm chosen for Women's Hall of Fame", "Wings Publication announces winners of India's most prestigious book award", "Indra Nooyi '80 Presented with Honorary Doctorate at Yale Commencement", Commencement Recipients Indra Krishnamurthy Nooyi, Freelon to Speak at NC State Commencement, Olympics, Weirdstones, Pepsi and New York feature in Warwick's Honorary Degrees, Miami University Miami Awards 3,967 Degrees at 2011 Commencement, "PepsiCo leader Nooyi to receive honorary degree from Penn State" | Penn State University, "Duke to award degrees to more than 4,400 graduates on Sunday, May 10" |, commencement 2009. In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems.