indra nooyi education

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As one example, Nooyi wrote to the parents of her leadership team and visited their homes to create the personal connection. 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. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. Philadelphia, PA 19103, Questions or concerns? Indra Krishnamurthy Nooyi is the Chairperson and CEO of PepsiCo. Dates of … With visionary foresight, Nooyi prepared the company for a changing consumer base—one that was seeking healthier products and lifestyles. Nooyi began her education at Holy Angels Anglo Indian Higher Secondary School. 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 … PepsiCo Has a Plan to Change That. Indra Nooyi Education. Indra Nooyi is one of the top female executives in the United States, and the highest–ranking female executive of Indian descent. 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. [79] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[80] and the Lincoln Center for the Performing Arts. from IIM Calcutta in 1977 M.A. Now what? [45], Nooyi is also the co-chair of Connecticut-based nonprofit organization AdvanceCT. [65], In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut.[66]. 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. Indra Nooyi, who served as the chairperson and CEO of PepsiCo, is an inspiring and visionary leader for many reasons. Nooyi helped lead the PepsiCo Foundation’s efforts to address issues of global concern, like racial and gender equality. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study. [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. Citations for Medalists. [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. 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. [40], On August 6, 2018, Nooyi stepped down as CEO, and Ramon Laguarta, a 22-year veteran of PepsiCo, replaced her on October 3, as well as becoming a member of the board of directors. [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. [63], Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery. But Nooyi wasn’t concerned: She was hired to do a job and was singularly focused on doing it better than anybody else. [3][13][14] Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. [81], In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. [41] During her tenure, the company's sales grew 80%. [26] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade – second in the sports drink segment. [17], Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. [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. During her tenure, PepsiCo grew net revenue more than 80%, and PepsiCo’s total shareholder return was 162%. While in India, she worked as a product manager with a couple of reputable firms After completing her education at Yale, she joined the Boston Consulting Group … [91], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Nooyi’s legacy will live on well past her departure. She transformed the snacks, beverages, and restaurant divisions, which included KFC, Taco Bell, Pizza Hut, and California Pizza Kitchen, by orchestrating the acquisition of popular brands like Tropicana, Quaker Oats, Gatorade, and Naked. Nooyi attended Holy Angels Anglo Indian Higher Secondary School in Madras. Nooyi was not a typical Madras woman: at the time, women were discouraged from taking active roles in sports, entertainment, and business. 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. Nooyi is a Successor Fellow of the Yale Corporation. Many colleagues questioned why Nooyi had been hired to a senior level position given what they perceived to be her limited experience. Nooyi was ranked 86 th in the Most Powerful Woman’s list by Fortune as well. 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. [57][58], Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. Nooyi recognized the need to build PepsiCo’s portfolio around good-for-you products. By visiting The Franklin Institute, the guest voluntarily assumes all risks related to potential exposure to COVID-19 in or about The Franklin Institute. PepsiCo chief executive officer Indra Nooyi came in at No. Nooyi serves as an Honorary Co-Chair for the World Justice Project. The company now offers on-site services, such as daycare, to support employees with families. 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. [64], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. [82], In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues. She was born in a Tamil-speaking family. [48], In 2018, Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine. [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. 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. [27] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion. On 14 December 2013, she was awarded by the President of India Pranab Mukherjee at the Rashtrapati Bhavan. [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. Indra Nooyi: An Inspiring Female Leader. Nooyi’s tenacity and talent caught the eye of both General Electric and PepsiCo and soon the two were vying to take her on board. Indra Nooyi’s zodiac sign is Scorpio. 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. Learn more about our commitment to safety. Indra Nooyi: Recycling Rates Are Declining. Between February 2000 and April 2001, Nooyi was Senior Vice President, and Chief Financial Officer of PepsiCo. Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011. Coming to the U.S. was tougher financially than Nooyi had expected. The gift is expected to serve 20,000 young women by funding education and job training. In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. 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. PepsiCo has worked toward empowering women and minorities by hiring diverse personnel to senior level positions. 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. 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. Early Life and Education . She studied at Holy Angels Anglo-Indian Higher Secondary School in Madras. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry. 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: [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]. [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. The conversation gave Nooyi the confidence she needed. 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. Interesting Facts and Insights about Indra Nooyi. 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. She was accepted and moved to the US for a Master’… [59], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. The Franklin Institute [32] In 2014, she was ranked #13 by Forbes. She was born on 28 th October, 1955 in Madras, now known as Chennai in Tamil Nadu, India. [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. [33][34] In Fortune's Most Powerful Women List of 2015, Nooyi ranked 2nd. 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. Indra Nooyi Education: She did schooling from Holy Angels Indian Higher Secondary School, Theagaraya Nagar, Chennai, Tamil Nadu & completed her Graduation in Physics, Chemistry and Maths from Madras Christian College in 1974. Nooyi's first job after earning her degree was with Tootal, a British textile company. She was responsible for launching a new line of feminine hygiene products—which could not be advertised or even sold in public. She climbed trees, played cricket, and rocked out on her guitar in local halls as her parents watched from the front row. Her experience at Johnson & Johnson made her realize that she was still unprepared for the business world, and thus she decided to pursue further education. The experience was mortifying but serendipitous: An employee in career development saw her leaving the interview in tears and asked what Nooyi normally wore to interviews in India. Both Nooyi and Ko will also co-chair the Reopen Connecticut Advisory Group. 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. 222 North 20th Street 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. It had had been founded in Manchester, England, in 1799, but had extensive holdings in India. It was stylish to “go organic” and purchase natural products. Cricket: While in India, she cricket for sport. 8 on Equilar’s top 100 highest paid CEOs list. [8] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. [96], In India, she used to play cricket and was also in an all-girl rock band, where she played guitar. Indra Nooyi was born Indra Krishnamurthy Nooyi on October 28 1955 in Chennai, Tamil Nadu in India. The oil on canvas work created in 2019 by Jon R. Friedman was commissioned by the museum to be part of the collection. 271 North 21st Street [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. ", "PepsiCo's CEO Indra Nooyi was right. From April 2015 until April 2020, she was a director of Schlumberger Limited. [47] By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity. That prepared her to thrive … Hard work and courteousness came naturally, but the expectation to do without professional success was tougher to swallow. [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. [10], She serves on the boards of Amazon[11] and the International Cricket Council. [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). 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. Nooyi has directed the company's global strategy for more than a decade and led PepsiCo's restructuring, including the 1997 divestiture of Tricon, now known as Yum! [94], Her older sister is businesswoman and Grammy-nominated artist Chandrika Krishnamurthy Tandon. Although she grew up in a conservative South Indian family in Madras, India, Nooyi embodies the same instinct for innovation. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. [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. Indra Nooyiwas an okay, but very hard-working student from childhood. However, Nooyi continued to serve as the chairman of the company until early 2019. ... That support will help 25 million families by providing critical recycling education and single and multi-family home recycling programs. 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