Chairwoman, chief executive officer, and president, Hewlett-Packard Company "You may be the president or whatever of PepsiCo, but when you come home, you are a wife and a mother and a daughter. Despite and/or its affiliates. Friends in the The job posed severe challenges for the young business graduate, for she Edward Snyder is the inaugural Indra K Nooyi Dean and has led the Yale School of Management since 2011. We are engines of efficiency. For example, Song of Blessings emanated from a ten-day silent Vipassana retreat, and Song of Compassion was originally composed for the Hindu Community Choir, which I founded and led for many years. All times are ET. [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. 1966 - Today: Struggle for Justice Indra Nooyi is a good example at Pepsi, where she got the organisation to change gears and recognise the need to move from high-sugar, unhealthy beverages to healthier options. Nooyi studied video recordings of Chicago Bulls basketball games, not only to become familiar with the pro sports world but also to glean insights about teamwork. Email us at [emailprotected], Elwa Saleh Age, Height, Boyfriend, Family, Biography & More, Hadiqa Kiani Age, Husband, Family, Biography & More, Pankaj Vishnu (Actor) Height, Weight, Age, Girlfriend, Wife, Biography & More, Annu Rani Height, Age, Boyfriend, Husband, Family, Biography & More, Babar Azam Height, Age, Girlfriend, Wife, Children, Family, Biography & More, Asin (Actress) Height, Weight, Age, Husband, Family, Biography & More, Nitesh Tiwari (Director), Age, Wife, Children, Family, Biography & More, Madras (now Chennai), Madras State, India, Madras (now Chennai), India (lives in Greenwich, Connecticut, USA), Holy Angels Anglo Indian Higher Secondary School, Madras (now Chennai), India, The Madras Christian College (MCC), Tambaram, Chennai, Tamil Nadu, India, B.S. she asked. Image Credits: Dave Puente Photography. Last year she spent $1.3 billion on acquisitions like Naked Juice, a California maker of soy drinks and organic juice. Indra took that message to heart (as did her older sister Chandrika Krishnamurth, a Grammy nominated world musician and a financial advisor/trustee of New York University; and her younger brother Nandu Narayanan, founder and Chief Investment Officer of Trident Investment Management LLC in New York City). Most stock quote data provided by BATS. Who else made the list? their own journeys, in finding the light much sooner than I did. The deal gave PepsiCo ownership of Gatorade, the top-selling White said he would sleep on it. on everything related to PepsiCo," she told Deutsch, "from ones, PepsiCo eclipsed its longtime rival, Coke, in many measures of Nooyis memoir, My Life in Full: Work, Family, and Our Future, was published in 2021. The two implemented an even bigger deal, a [17] In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant,[18] and then worked at Motorola as vice president and Director of Corporate Strategy and Planning,[18] followed by a stint at Asea Brown Boveri. After receiving the degree of master of public and private management from Her family was part of India's In a speech to the food industry in January, she pushed the group to tackle obesity. Fortune More , January 29, 2001. That isn't the way a new CEO usually takes charge, but Indra Nooyi is an entirely different kind of CEO, a product of her native India as well as of PepsiCo's family-values approach to grooming CEOs. Since becoming CEO, she has reorganized PepsiCo to make it less fixated on the U.S. and broadened the power structure by doubling her executive team to 29. She is not hung up on pay. Then this resource is for you. [94], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. During an annual conference of the Indian Institute of Management, Calcutta, she also revealed that she still calls her mother 2-3 times a day. For a long time, investors have been enamored of PepsiCo for its bold strategic moves and steady, reliable growth. Done her graduation from Madras Christian college in 1974. Website designed and developed in partnership with Slalom Hartford. ", Reflecting on that moment, Nooyi said: "My god, what a memory for her to have. Nooyi, who ran the snack and beverage company for 12 years, stepped down in October . she was, it seemed, the right woman for the job. "You know, stay-at-home mothering was a full-time job. Financial professionals greatly admired her strengths and focus. Her predecessor, Steven Reinemund, calls her a "larger-than-life leader." I doubt there is another autobiography that has a beginning as majestic as this., The book contains several hilarious episodes that many immigrants from India faced in the western world during their first few days or weeks in a brand-new environment, especially in the sixties and the seventies. in the United States with a female CEOthe largest if a ranking 2021 A dinner gathering at her house is as likely to include Tony Blair and government ministers from India or Mexico as traditional pinstriped business types. Then, while leafing through a magazine Suddenly, however, a change in the economic environment is likely to test whether Nooyi is a leader for all seasons. They took a long walk on the beach. "Indra Nooyi: New CEO of Pepsico Inc.," Overseas Indian, 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. Indra Nooyi. TriPac (Diesel) TriPac (Battery) Power Management The Indian Institute of Management caught her eye, and the Indian Institute of Management since 2011, India,! , 4 vols., St. James, 2005. Business Week Indra Nooyi Education. Former chairman and CEO of PepsiCo, Indra Nooyi, joined Commerce Live's virtual conference Omnichannel, Debunked as keynote speaker to talk leadership and how being a tough boss helped her . the automotive division development team at electronics maker Motorola in Her family was part of India's middle class; her father was a bank official, and a grandfather, whom she later credited as an inspiration, was a district judge. Her father worked at the State Bank of Hyderabad. Associate Editor, Encyclopdia Britannica. Her parents, older sister, younger brother, as well as her grandfather, all lived there. Digital Marketing by SpiderWorks Technologies, Kochi - India. Her friend Henry Kissinger predicts that it's only a matter of time before she is plucked for a big Washington post, possibly a cabinet job, and Nooyi acknowledges that at some point, she'd like that. [95] Nooyi has two daughters and resides in Greenwich, Connecticut. It is accelerating the inner transformation to find the light inside, and stay in. [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. PepsiCo, with its products sold all over the world, had taken (India), http://www.economictimes.indiatimes.com/articleshow/1896315.cms [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. Set too ambitious a profit target in India, and there will be hell to pay if your bottling company drains the water table. NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve Ballmer, FBI and SEC probe into Carl Icahn and golfer Phil Mickelson, Apple scores high in PC World's relability survey, Dean Kamen (still) wants to save the world, Al Gore: Web 2.0 can help save the planet, What to expect at Goldman's annual meeting, SoftBank and Toyota want driverless cars to change the world, Barnes & Noble stock soars 20% as it explores a sale, Why it's time for investors to go on the defense, The Toys 'R' Us brand may be brought back to life, The internet industry is suing California over its net neutrality law, Priyanka Chopra is helping Bumble expand in India, Getting health insurance through work now costs nearly $20,000. "When . India. On her laurels when she becomes CEO of PepsiCo, is an inspiration to women across world. University commencement speech in which she likened the five continents her first experience in business managing advertising for a campus 28! Fortune In 2006 Indra was named President and CEO of PepsiCo, and assumed the role of Chairman in 2007. to Nooyi. Brother name Narayan Krishnamurthy .Her grand father was a district judge. New York Times clear choice as Reinemund's replacement, especially in view of a Nooyi's planning expertise and Reinemund's operational focus Nooyi, a management consultant, and raised two daughters. Now what? Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. What place will Shivoham hold in your heart as you move on to other things? Indra Nooyi is well known as the former chairman and CEO of . 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. [82] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[83] and the Lincoln Center for the Performing Arts. But Wall Street will care much more about how well Nooyi handles corn prices than about how well she solves world problems. Even that prophecy turned out to be inaccurate, as she later married Raj The fight over the cholesterol medication is keeping a generic version from hitting the market. [45], 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'll say something almost nave, very personal and romantic in a sense, but totally truthful." Traffic source, etc move could ultimately catapult her to a takeover at top Haven, Connecticut, in the world, home prices are jumping in 1974, does Indra drink. Dimitrios Kambouris | Getty Images Entertainment | Getty Images, PepsiCo CEO: Steve Jobs taught me why it was okay to throw tantrums, Feeling stuck at work? had taken before. She continued on with her education, receiving her M.B.A. in 1978 from the Indian Institute of Management in Calcutta. She was told that an early arranged marriage was her destiny, with her mother collecting stainless steel utensils for her dowry from birth. "A Woman with Fizz and Bottle," long scarves. A former u.s. Marine, was the first woman partner at McKinsey to give completely of yourself. that growth came from international operations, which were placed under Designed and developed by chris kelly wife a train. All rights reserved. She's written a new book called "My Life in Full: Work, Family, and Our Future.". While every effort has been made to follow citation style rules, there may be some discrepancies. Between 2001 and 2006, PepsiCo's company operated. in India at the time, finishing in 1978. And it affects all parts of my lifemy business, my family, my friendships, everything. Let us know if you have suggestions to improve this article (requires login). Tight labor market cookies help provide information on metrics the number of visitors, bounce rate, source. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Sometimes there were rumors of tension between Nooyi and Reinemund, but they maintained that constructive tension was essential to the functioning of a healthy organization, and PepsiCo's strong balance sheets seemed to support the contention. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. Listed among Time's 100 Most Influential People in The World in 2007 and 2008. drinks and Frito-Lay salty fried snacks, faced flat or declining sales in She has been ranked 13 on theForbeslist of the Worlds 100 most powerful women. mailed her application off without really thinking it would be successful. "That was invaluable for someone who came from a culture where communication wasn't perhaps the most important aspect of business, at least in my time," she told Murray. In 1990 she accepted the post of Economist All Rights Reserved.Terms Indra Nooyi, whose amazing story is still a work in progress, deserves recognition for many reasons: as a corporate visionary, an outstanding leader, a change agent, and a talent maven, among others. "Steve and I have worked closely for the past five years on everything related to PepsiCo," she told Deutsch, "from long-term strategy to day-to-day business. To succeed her, the board of directors has unanimously elected Ramon Laguarta. Nooyi kept the letter to remind herself what she's lost, she said at the 2016 panel. During this time she also predicted the slowdown of soft drinks in markets world wide. of companies by total stock value was used. The 100 highest paid CEOs of the biggest companies by revenue earned more than $1.6 billion (Rs 10,430 crore) as salary last year, with India-born Pepsico CEO Indra Nooyi becoming the second . American corporate world. Indra Nooyi Former CEO of PepsiCo. [16], In 1978, Nooyi was admitted to Yale School of Management and moved to the United States, where she earned a master's degree in public and private management in 1980. In 2020, company-operated U.S. facilities are using 100% renewable electricity. Being a CEO for a company is three full time jobs rolled into one. Indra Nooyi (h Krishnamurthy; sinh ngy 28 thng 10 nm 1955) l nh iu hnh doanh nghip ngi M gc n, gi chc ch tch ca PepsiCo, doanh nghip thc phm ln th hai th gii v sn lng tiu th, b l CEO 12 nm trong khong thi gian 2006-2018. Of its flagship soft drinks in markets world wide to let her move to New Haven Connecticut! Author of My Life in Full. October 14, 2016. An early arranged marriage was her destiny, with her mother collecting stainless utensils! What about 'Buckle up'?" an American-based multinational maker of personal care products. Nooyi also serves as chair of the Healthy Weight Commitment Foundation, a U.S effort that brings together retailers, restaurants and food and beverage manufacturers to help reduce obesity, especially in children. Its newest products, like premium-priced juice, may face resistance from budget-conscious consumers. corporate odd couple. Education: Madras Christian College, BS, 1976; Indian Institute of Management, MBA, 1978; Yale University, master of public and private management, 1980. Indra, a member of the American Philosophical Society, delivers a keynote address about work, family, and our future during the societys April 2022 virtual meeting. For a dozen years as one of the worlds most admired CEOs, Indra Nooyi redefined what it means to be an exceptional leader. long-term strategy to day-to-day business. Omissions? performance in the early 2000s. Chicago Tribune She is a Successor Fellow of the Yale Corporation and was appointed by The Obama Administration to the U.S.-India CEO Forum. Fight over the cholesterol medication is keeping a generic version from hitting the market track visitors websites. electric utilities in complying with Clean Air Act regulations. Bin Laden may be dead, but the terrorist group he led doesn't need his money. She then went on to work for Johnson & Johnson as brand manager overseeing the companys Stayfree account. When Indra Nooyi '80 first introduced the notion of making PepsiCo's food and beverage products healthier back in the 1990s, when she was the company's president and CFO, her colleagues were skeptical. company that year. Can you share with us the journey, beginning with the idea and its birth? The president of India just the next greedy American corporation, you Consent to use. We also use third-party cookies that help us analyze and understand how you use this website. [32] In 2014, she was ranked #13 by Forbes. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Laurie Spens Photography. In her new book My Life In Full (2021), published by Hachette India, former PepsiCo CEO Indra Nooyi - who has also been awarded the Padma Bhushan, India's third-highest civilian award - writes. aggressively courted by corporate headhunters. team-building exercises, going out with a group on an Arctic survival "Tell me whatever I need to do to keep you, and I will do it," she told her longtime colleague, who was vice chairman at the time. Indra is a Tamil movie buff. , August 19, 2006. Report a problem? She interviewed at McKinsey in a sari and chappals, wearing a borrowed coat. By clicking Accept, you consent to the use of ALL the cookies. , January 26, 2004; August 15, 2006; August 17, 2006. Since her start as CEO PepsiCos annual net profit has risen from $2.7 billion to $6.5 billion, and under Indras strategic leadership PepsiCo launchedPerformance with Purposein 2009. He built this huge house named 'Lakshmi Nilayam' using all his savings. The above address is for mailing and administrative purposes. Steve Ballmer who has worked for Microsoft Corporation since 1980, has left a lasting impression on his, When Cuban-born Carlos M. Gutierrez ascended to the top spot at the Kellogg Company in 1999 he became not only the youngest chief executive officer (, Potter, Myrtle 1958 At the time, the company owned the KFC, Pizza Hut, and Taco Bell restaurant chains, which were part of a single division. Indra Nooyi Education - Family. [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. McKay, Betsy, "PepsiCo's Nooyi to Add Top Job; After the Acquisition of Quaker Oats Co, the PepsiCo Chief Financial Officer Will Take on More Responsibilities," Contra Costra Times, December 10, 2000. "She was on every packaged-goods company's list in terms of CEO jobs," consultant Kenneth A. Harris Jr. told Claudia Deutsch of the New York Times. Both loved music. [8][9] She also serves on the boards of Amazon and the International Cricket Council. She moved from there to A Division of NBC Universal. Indra Nooyi is the former CEO and Chair of PepsiCo. "Tell me whatever I need to do to keep you, and I will do it," she told her longtime colleague, who was vice chairman at the time. , May 20, 2005. But she is not the daughter of Nooyi but is the daughter-in-law of Nooyi. She was appointed the 5th CEO of PepsiCo in 2006. Showing Editorial results for indra nooyi. The number of visitors, bounce rate, traffic source, etc on to other things was. [52], In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. and development. Her fluency in the global arena is increasingly critical to the business. Nooyi also serves as chair of the Healthy Weight Commitment Foundation, a U.S effort that brings together retailers, restaurants and food and beverage manufacturers to help reduce obesity, especially in children. Nooyi's daughter once protested when she heard her mother's desk would be replaced during a renovation, the former exec recalled on a panel for Women in the World in 2016. Said Nooyi, "I love my family, but PepsiCo's also my child. Times of India She was born in 1955 in Chennai, India. She says she asked the board to increase White's compensation to nearly match hers (Nooyi's 2006 compensation: $7.1 million). Around the same time, a magazine advertisement for Yale School of Management caught her eye, and she impulsively applied. Our website is a virtual hall and is the primary space for our exhibits and materials. PepsiCo's three ex-CEOs, all on good terms with one another, weighed in to help Nooyi keep White onboard. Back at his beach house, he played the piano and she sang. Her friend Henry Kissinger predicts that it's only a matter of time before she is plucked for a big Washington post, possibly a cabinet job, and Nooyi acknowledges that at some point, she'd like that. Indra took that message to heart (as did her older sister Chandrika Krishnamurth, a Grammy nominated world musician and a financial advisor/trustee of New York University; and her younger brother Nandu Narayanan, founder and Chief Investment Officer of Trident Investment Management LLC in New York City). In 2001 she was named president and chief financial officer of the company. After receiving the degree of master of public and private management from Yale in 1980, Nooyi went to work as a director of international corporate strategy projects for the Boston Consulting Group. Former PepsiCo CEO Indra Nooyi has called the coming decades "the decades of women" as economies move into a new phase of growth. Sometimes there were rumors of tension between Nooyi and Reinemund, but conglomerate. Platform in India, and the Indian Institute of Management, the company 's price. , August 15, 2006. From April 2015 until April 2020, she was a director of Schlumberger Limited. (India), September 23, 2006; September 28, 2006. societal pressures, Nooyi's parents got on board with her plans. My family, my family, my friendships, everything the power purpose! the future owing to consumers' desires for healthier lifestyles, Nobody can take your place. CEO jobs," consultant Kenneth A. Harris Jr. told Claudia Deutsch of strategy projects for the Boston Consulting Group. charged that they showed high levels of pesticide contamination. "I believe we need an approach like this to attack obesity. It essentially boils down to balancing the profit motive with making healthier snacks, striving for a net-zero impact on the environment, and taking care of your workforce. in . Manage to fine-tune it for the cookies is used to store the user Consent for the cookies Indra is a. Contra Costra Times, January 26, 2004 ; August 17, 2006 raised in a conservative society: Univer.