Indra Krishnamurthy Nooyi is the Chairperson and CEO of PepsiCo. [41] During her tenure, the company's sales grew 80%. [48], In 2018, Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine. Nooyi earned a bachelor’s degree in chemistry from Madras Christian College in 1976 and a master’s degree in business administration from the Indian Institute of Management in Calcutta two years later. Earlier Life and Education Indra Nooyi born to a Tamil-speaking family in Madras (now known as Chennai), Tamil Nadu, India. 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. 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. Many colleagues questioned why Nooyi had been hired to a senior level position given what they perceived to be her limited experience. Early life. [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]. She has embraced the promise of “Performance with Purpose”, built on the company's goals to help people live healthier lives, minimize environmental impact, and provide and safe, diverse workplace while providing opportunities for growth and development. “Whether you are from the IITs or the IIMs, the Indian education system dishes to … Forbes named her the #3 most powerful woman in 2008. [8] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. Indra Krishnamurthy Nooyi was born into a middle-class family in Chennai on October 18, 1955. [35], Nooyi's strategic redirection of PepsiCo, called Performance with a Purpose,[36] has been largely successful and involved creating long-term growth while leaving a positive impact on society and the environment. Nooyi was ranked 86 th in the Most Powerful Woman’s list by Fortune as well. Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. Nooyi's first job after earning her degree was with Tootal, a British textile company. [91], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. [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? Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. Nooyi was the motivating force behind the divesture of PepsiCo’s fast food brands. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. 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 … [94], Her older sister is businesswoman and Grammy-nominated artist Chandrika Krishnamurthy Tandon. From a young age, Nooyi was a powerhouse. On 7 October 2010, Fortune magazine ranked her the 6th most powerful woman in the world. Nooyi began her education at 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. [37] She reclassified PepsiCo's products into three categories: "fun for you" (such as potato chips and regular soda), "better for you" (diet or low-fat versions of snacks and sodas), and "good for you" (items such as oatmeal). For the past 12 years, Indra Nooyi has called the shots as chairman and CEO of PepsiCo—one of the most recognized brands in the world. Since its inception in 1965, PepsiCo has prided itself in its ability to evolve as tastes, trends, and lifestyles change across more than 200 countries and territories. PepsiCo aims to invest $100 million in initiatives to support 12.5 million women and girls worldwide in their pursuit of higher education and workforce readiness by 2025. 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. [19], Nooyi joined PepsiCo in 1994, and was named CEO in 2006,[20] replacing Steven Reinemund, becoming the fifth CEO in PepsiCo's 44-year history. Early Life and Education . [21] Prior to becoming CEO, Nooyi served as President and Chief Financial Officer, beginning in 2001, she was also named to PepsiCo's Board of Directors. After that, Nooyi was hired as a brand manager at the Bombay offices of Johnson & Johnson, the personal-care products maker. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. Indra Nooyi held this conversation with Teresa Carlson, AWS VP of Worldwide Public Sector, during a session at AWS re:Invent, a free three-week virtual cloud computing conference and learning event, open to anyone, anywhere in the world. Wanting to give consumers a whole range of products, Nooyi’s updated portfolio included “fun” (less healthy) and “better-for-you” (more healthy) products that were widely available and priced affordably. [92] Nooyi has two daughters and resides in Greenwich, Connecticut. Discussion about rising rates of obesity and the risks of sedentary lifestyles were becoming more commonplace. 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. It’s about creating a broader support network and it sounds like we have a potential candidate in 8 years for the Senate or maybe even another office. Citations for Medalists. Between February 2000 and April 2001, Nooyi was Senior Vice President, and Chief Financial Officer of PepsiCo. However, Nooyi continued to serve as the chairman of the company until early 2019. [22] The financial gains from this spinoff allowed the company to increase the pace of its share buyback strategy, thereby giving it more leverage to pursue future acquisitions without as much shareholder backlash. Nagar. 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. Advanced ticket purchase is required. Indra Nooyi: Recycling Rates Are Declining. Indra Nooyi is the former Chairman and CEO of PepsiCo. Indra Nooyi: An Inspiring Female Leader. She was born in a Tamil-speaking family. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade – second in the sports drink segment. [57][58], Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. From April 2015 until April 2020, she was a director of Schlumberger Limited. Washington, January 19 Pepsico's former CEO Indra Nooyi has advised Indian students in the US not to idolise people based on their positions, but to … [59], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. Indra Nooyi of PepsiCo - Case Study Indra Nooyi has brought a democratic leadership and a strong vision to PepsiCo. [16], In 1978, Nooyi was admitted to Yale School of Management, and moved to USA where she earned a Master's degree in Public and Private Management in 1980. [93] Forbes ranked her at the 3rd spot among "World's Powerful Moms" list. 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. In the future, she would wear a sari to interviews at high-powered U.S. firms. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world and generated more than $63 billion in net revenue in 2017. Nooyi’s legacy will live on well past her departure. [95] South Indian Carnatic musician Aruna Sairam is Indra's aunt. Indra Nooyi is a business executive named as one of the world’s most powerful women by Forbes, Fortune, The Wall Street Journal and other publications.. Born in India in 1955, she earned an MBA from Yale and made a series of upward career moves at various large corporations such as Johnson & Johnson and Motorola before joining PepsiCo in 1994. Hard work and courteousness came naturally, but the expectation to do without professional success was tougher to swallow. ... That support will help 25 million families by providing critical recycling education and single and multi-family home recycling programs. [15], 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. She went to the Holy Angels Anglo Indian Higher Secondary School. [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. She also served as PepsiCo's Senior Vice President, Corporate Strategy and Development from 1996 until 2000, and as PepsiCo's Senior Vice President, Strategic Planning from 1994 until 1996. Coming to the U.S. was tougher financially than Nooyi had expected. Indra Nooyi is a successful Indian-American businesswoman who serves as the Board Member for Amazon.She is best recognized as the former CEO of one of the world’s largest food and beverages company, PepsiCo Ltd.During her time with PepsiCo, she achieved many new heights including the purchase of Tropicana orange-juice brand for $3.3 billion in 1998, and the Quaker Oats for $14 billion … 271 North 21st Street Some felt she was too outspoken, challenging division presidents too often. 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. She received Bachelor’s Degrees in Physics, Chemistry and Mathematics from Madras Christian College of the University of Madras in 1974. But Nooyi wasn’t concerned: She was hired to do a job and was singularly focused on doing it better than anybody else. Philadelphia, PA 19103, Questions or concerns? During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCo’s total shareholder return was 162%. [49] Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Nooyi credits India’s pedigreed education system for picking out strong leaders. [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. Indra Nooyi with Narendra Modi. With visionary foresight, Nooyi prepared the company for a changing consumer base—one that was seeking healthier products and lifestyles. The next generation of women leaders will be well prepared due to Nooyi’s seemingly superhuman influence. [89][90] Nooyi and her husband Raj donated 187,000 Scholastic books to Connecticut's alliance school districts as part of the Partnership for Connecticut during the COVID-19 crisis. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Madras. Cricket: While in India, she cricket for sport. [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. [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. 8 on Equilar’s top 100 highest paid CEOs list. 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. [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. [81], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. Indra Nooyi’s zodiac sign is Scorpio. [3][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. [43] She will help draft the state's new economic development strategy. [56], In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). In 1978, after working for Johnson and Johnson, Nooyi applied to the Yale School of Management. [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. Nooyi was not a typical Madras woman: at the time, women were discouraged from taking active roles in sports, entertainment, and business. [9] In 2017, she was ranked the 2nd most powerful woman once more on the Forbes list of The 19 Most Powerful Women in Business. [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. The Franklin Institute is open Wed-Fri 10am-5pm & Sat-Sun 10am-6pm. [10], She serves on the boards of Amazon[11] and the International Cricket Council. Desperate, Nooyi purchased an ill-fitting outfit and, though the pants were too short and the jacket several sizes too big, she wore it to her first major interview. In 1976, she left Chennaifor an M.B.A program offered by IIM, Calcutta(now, Kolkata). The Franklin Institute Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. The conversation gave Nooyi the confidence she needed. Indian American Indra Nooyi served as the Chairman of Pepsico for 12 long years and stepped down in October 2018.; She is currently serving as a board member of US e-commerce giant Amazon. Early life and Education Nooyi was born ... Education. She received degrees in Physics, Chemistry, and Math. ", "PepsiCo's CEO Indra Nooyi was right. Indra Nooyiwas an okay, but very hard-working student from childhood. In 2020, company-operated U.S. facilities are using 100% renewable electricity. On 14 December 2013, she was awarded by the President of India Pranab Mukherjee at the Rashtrapati Bhavan. [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. Indra Krishnamurthy Nooyi: Born: 28 October 1955: Birth Place: Madras, India: Education: Madras Christian College, IIM Calcutta – Indian Institute of Management, Calcutta (MBA), Yale University (MS) Known for: CEO of PepsiCo: Husband: Raj Nooyi: Daughter: Tara Nooyi, Preetha Nooyi: Books: The Calloway Way: Results & Integrity: Awards and Achievements: 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. Although she grew up in a conservative South Indian family in Madras, India, Nooyi embodies the same instinct for innovation. [96], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar. To fund her studies at Yale, she started working as a receptionist from midnight till sunrise. She took part-time jobs and worked night shifts to earn just 50 cents more per hour, but was unable to afford a decent suit for job interviews. Joining PepsiCo in 1994 was an incredible achievement—at the time no foreign-born person or woman was on the executive floor—but came with a slew of fresh challenges. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. 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. She got her masters degree from Yale school of management. In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. Nooyi serves as an Honorary Co-Chair for the World Justice Project. Call or email us at 215.448.1200 or guestservices@fi.edu, Crayola IDEAWORKS: The Creativity Exhibition (Opens Feb 13), Bower Award and Prize for Achievement In Science. from IIM Calcutta in 1977 M.A. Respecting your elders, studying hard to get good grades, and marrying at age 18 were widely thought to be women’s main duties. An immigrant and a woman, she served as chief executive of PepsiCo for 12 years - … [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. Her acceptance—one of five women admitted to a science program—was an exceptional achievement. Learn more about our commitment to safety. [51][52][53][54] In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women. [32] In 2014, she was ranked #13 by Forbes. Philadelphia, PA 19103, The Franklin Institute A rebellious child brought up in a conservative family, Indra Nooyi moved to America in 1978 to study at Yale University. 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. In addition to launching new product lines, she has helped transform the company’s corporate culture—the business provides a wide variety of products at different price points to expand the consumer base, and increasingly focuses on environmental sustainability and work/life balance for employees. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. On October 28 1955 in Chennai on October 18, 1955 in Chennai, Tamil Nadu, India, was! Even sold in public the top spot at PepsiCo, Nooyi was named one of the 25... 25 ] the $ 3.3 billion acquisition of Tropicana initially faced opposition from PepsiCo... But it has now come out in a conservative South indra nooyi education Carnatic musician Aruna is. And Grammy-nominated artist Chandrika Krishnamurthy Tandon Nooyi played lead guitar in local as... Chemistry, and Taco Bell under its umbrella some felt she was too outspoken, challenging division presidents too.. 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