[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). Indra Nooyi | Board of Director at Amazon | Former CEO of PepsiCo Nooyi managed to introduce the products to young women by directly marketing to female students at schools and colleges. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. [39] The third component of Performance with a Purpose involved creating a culture where workers were encouraged to stay with the company. Nooyi has been listed among the top female executives in the United States and the World's 100 Most Powerful Women. [84], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. In 1976, he graduated from the Indian Institute of Management Calcutta with a Post Graduate Programme Diploma. Nooyi grew up in India and got an MBA from Yale before becoming one of corporate America's few female CEOs in 2006. Pizza Hut, KFC, and Taco Bell were all under the Tricon umbrella. She was consistently . [91][92] 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. Image Credits: Dave Puente Photography. She earned $17 million in 2011, with a base salary of $1.95 million, according to her 2011 salary statement. Indra Nooyi Education Background In 1974, Nooyi graduated from the Madras Christian College of the University of Madras with bachelor's degrees in physics, chemistry, and mathematics. In 1986, she moved to Motorola as a senior executive in the automotive division development team. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked second. (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Radhakishan Damani (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Ajaypal Banga (His childhood, education, career, personal life, achievements, what can one learn from his life), Biography of Indra Nooyi (His childhood, education, career, personal life, achievements, what can one learn from his life). Indra Nooyi Bio, Age, Wife, Education, Salary, Net, PepsiCo A brilliant student, she earned a seat in one of Indias premier institutions, Indian Institute of Management Calcutta, from where she completed a Post Graduate Diploma in Management (MBA), in 1976. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. [67], In 2022, Nooyi was honored with Golden Book Awards.[68]. Nooyi has said that she is very proud of her daughters' accomplishments and that she is very grateful for their education. Indras memoir, a New York Times bestseller, offers insight and a call-to-action from one of the worlds most-admired business leaders on how our society can blend work and family and advance women in the 21st century. This will save you time, money, and strength. On April 5, 2007, she was awarded the Padma Bhushan award by the President of India Dr.APJ Abul Kalam Azad at the Rashtrapati Bhavan. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and the textile firm Beardsell Ltd. Her job with Johnson & Johnson was quite a challenging one as she was made responsible for managing the introduction of Stayfree sanitary napkins to India. How I made $290 million while raising two children - The Telegraph ; Indian Institute of Management, M.B.A.; Yale University, M.S. [16] 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. Nooyi is 67 years old as of 2022. But to get here and to stay here, lots of tradeoffs, lots of sacrifices under the water, a lot of collateral damage. She thoroughly enjoyed her learning experience at Yale and graduated in 1980. 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. Nooyi stopped using aspartame in Diet Pepsi in 2015. Nooyi completed her schooling at Holy Angels Anglo Indian Higher Secondary School. in 1997. She grew up in a close family with two siblings, her parents, and her grandparents. She was honored with the Padma Bhushan by the President of India in 2007. 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. She has been a very hard-working and innovative person. Through this incident, she realised that she wasn't completely prepared for the business world and decided to pursue further education at yale school of management in the U.S. in 1978. 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. [56][57][58][59], Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. In 1994, PepsiCos new senior vice president of corporate strategy and development started her tenure with a bang and kept pace throughout. Then, in 1986, she moved on to Motorola as a senior executive. 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 Americas childcare crisis. In 2007, and 2008, Nooyi was selected for the Wall Street Journal's list of 50 women to watch, as well as Time's list of the 100 Most Influential People in the World. [41] During her tenure, the company's sales grew 80%. [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. 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. [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. Indra Nooyi entrepreneur . Citations for Medalists. Not utilising 50% of population is loss to country: Indra Nooyi Indra Nooyi. Indra Nooyi announced she will step down as CEO of PepsiCo after 12 years. By 2020, all company-owned facilities in the United States will be powered entirely by renewable energy. Daughters- Tara Nooyi, Preetha Nooyi: Qualification: B.S. In 2020, company-operated U.S. facilities are using 100% renewable electricity. Between 1994 and 2000, Ms Nooyi directed corporate strategy and development for the company. Ms Nooyi began her career in India, where she held product manager positions at Johnson & Johnson and Mettur Beardsell, Ltd., a textile firm. Welcome to the BlogzBite.com Informational Article Web Page. Indra Nooyi Education. She proved to be a great success at this job and by the mid-1990s, she was aggressively being courted by corporate headhunters and offered lucrative positions in some of the worlds largest companies. She has worked with many prestigious organizations like Boston Consulting Group (BCG), Motorola, and Asea Brown Boveri. At Madras Christian College, Nooyi continued on the unconventional path her mother ensured she was entitled to. In her childhood, she was a rebellious young girl and was known to be "wild". [7][62], Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine in 2018. Please refer to the appropriate style manual or other sources if you have any questions. Indra Nooyi When you are given big responsibilities that, surely, it becomes hard to manage the balance between your work and your personal life. She is a revered role model for women and immigrants and celebrated for her empowering messages on inclusivity. Indra Nooyi is an Indian-born American business executive currently serving as the Chairperson and Chief Executive Officer of PepsiCo, one of the largest food and beverage businesses in the world. She was responsible for corporate functions, including finance, strategy, business process optimization, corporate platforms and innovation, procurement, investor relations and information technology. Businesswoman and Grammy nominee Chandrika Krishnamurthy Tandon is her older sister. In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. In 1994, Jack Welch, the head of General Electric, and Wayne Calloway, PepsiCo CEO, both offered her jobs in their respective companies. [10][11], Nooyi was born on October 28, 1955, in Madras (now known as Chennai), Tamil Nadu, India. She is married to Raj Nooyi, a management consultant of Indian origin. 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. Cloudflare Ray ID: 7a2b1030c8fe1085 [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. Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. Indra Nooyi Books . [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. With the goal of making even the fun offerings healthier, she switched corporate spending away from junk food and toward healthier options. She is a member of the American Academy of Arts of Sciences, the Academy of Science and the American Philosophical Society. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). Due to her devotion to the teachings and traditions of her faith, she is a devoted Hindu who abstains from alcohol and practises vegetarianism. SOURCE: Paul Morigi / Getty Images for Fortune / AFP. From Indra Krishnamurthy To Shahnaz Husain, Know India's Top Business Work Life Balance India . Ms Nooyi served as a member of the PepsiCo Board of Directors from 2001 to February 2019.
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