Indra Nooyi:- Business Executive and former Chairman and Chief Executive Officer (CEO) of PepsiCo.


Indra Nooyi:- Business Executive and former Chairman and Chief Executive Officer (CEO) of PepsiCo.

Personal life

Indra Nooyi born October 28, 1955 is an Indian-American Business woman.  Indra Nooyi married Raj K. Nooyi, president at AmSoft Systems, in 1981. Indra Nooyi has two daughters and resides in Greenwich, Connecticut. Forbes ranked her at the 3rd spot among "World's Powerful Moms" list.

Her older sister is businesswoman and Grammy-nominated artist Chandrika Krishnamurthy Tandon.

In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.

Indra Nooyi was born in Madras (now known as Chennai), Tamil Nadu, India. Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. Nagar. 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.

Career

At the Beginning of her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton. In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant, and then worked at Motorola as Vice President and Director of Corporate Strategy and Planning, followed by a stint at Asea Brown Boveri.

She has consistently ranked among the world's 100 most powerful women. In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women, and was ranked the 2nd most powerful woman on the Fortune list in 2015. In 2017, she was ranked the 2nd most powerful woman once more on the Forbes list of The 19 Most Powerful Women in Business. She serves on the boards of Amazon and the International Cricket Council.

In 1978, Nooyi was admitted to Yale School of Management and moved to the USA where she earned a master's degree in Public and Private Management in 1980.

PepsiCo

Nooyi joined PepsiCo in 1994, and was became CEO in 2006, replacing Steven Reinemund, becoming the fifth CEO in PepsiCo's 44-year history. Prior to becoming CEO, Nooyi served as President and Chief Financial Officer, beginning in 2001, she also came in the list of  PepsiCo's Board of Directors. Between February 2000 and April 2001, Nooyi was Senior Vice President, and Chief Financial Officer of PepsiCo. 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 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! Brands. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella. 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. Nooyi also took the lead in the acquisition of Tropicana in 1998, and the merger with Quaker Oats Company, which also brought Gatorade in 2001. The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics. 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.[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. Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade – second in the sports drink segment. PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion.

Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008, and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. Forbes named her the 3rd most powerful woman in 2008. In 2014, she was ranked 13th by Forbes. Fortune ranked her the 1st most powerful woman in business in 2009 and 2010. On 7th October 2010, Fortune magazine ranked her the 6th  most powerful woman in the world. In Fortune's Most Powerful Women List of 2015, Nooyi ranked 2nd.

Awards and recognition

In 2018, Indra Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine.

Forbes magazine ranked Indra Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010.

In 2008, Indra Nooyi was ranked one of America's Best Leaders by U.S. News & World Report.

In 2008, Indra Nooyi was elected to the Fellowship of the American Academy of Arts and Sciences.

In January 2008, Indra Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry.

Indra Nooyi  in the year 2009 was the CEO of the Year by Global Supply Chain Leaders Group.

In 2009, Indra Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. After five years on top, PepsiCo's Indian American chairman and CEO Indra Nooyi has been pushed to the 2nd spot as most powerful woman in US business by Kraft's CEO, Irene Rosenfeld.

In 2013, Indra Nooyi was named one of the 25 Greatest Global Living Legends  by NDTV.

On 14 December 2013, Indra Nooyi was awarded by the President of India Pranab Mukherjee at the Rashtrapati Bhavan.

Indra Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011.

Indra Nooyi was selected as one of the 2019 American Portrait Gala honorees by the Smithsonian's National Portrait Gallery.

In 2019 Indara Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program.

In February 2020, Indra Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut.

Summarized Table of achievements made by INDRA NOOYI :

Year
Name
Awarding organization
2019
Honorary Doctorate of Humane Letters
Yale University
2018
Honorary Degree
Cranfield University State
2015
Honorary Doctorate of Humane Letters
 State University of New York at Purchase
2013
Honorary Degree
North Carolina  State University
2011
Honorary Doctor of Laws
Wake Forest University
2011
Honorary Doctor of Laws
University of Warwick
2011
Honorary Doctorate of Law
Miami University
2010
Honorary Doctorate of Humane Letters
Pennsylvania State University
2009
Honorary Degree
Duke University
2009
Barnard Medal of Honor
Barnard College
2008
Honorary Degree
New York University
2007
Padma Bhushan
President of India
2004
Honorary Doctor of Laws
Babson College

Memberships and associations

Indra Nooyi is a Successor Fellow of the Yale Corporation. She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst and the Lincoln Center for the Performing Arts. 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.

Indra Nooyi serves as an Honorary Co-Chair for the World Justice Project. 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.

From April 2015 until April 2020, Indra Nooyi was a director of Schlumberger Limited.
In June 2016, Indra Nooyi was part of the inaugural team on the Temasek Americas Advisory Panel.
In December 2016, Indra Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues.

In June 2018, Indra Nooyi joined the International Cricket Council Board as the organization's first independent female director.

Since February 2019, Nooyi has been a member of the board of directors at Amazon.
Nooyi also serves as the Class of 1951 Chair for the Study of Leadership at West Point, a Dean's Advisory Council member at MIT's School of Engineering,[86] and a member of the MIT Corporation.

Philanthropy

In 2016, Indra Nooyi gifted an undisclosed amount to her alma mater at  The Yale School of Management. Indra Nooyi became the school's biggest alumni donor in history and the first woman to endow a deanship at a top business school with her gift. 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.

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