Nooyi had to place herself, for example, in the position of prime minister of India. 1966 - Today: Struggle for Justice In the fourth quarter of 2007, revenue went up 17%, to $12.3 billion, and operating profits rose 9%, to $1.7 billion. She grew up in a home that thrived on music but she never got the opportunity to follow that path as she pursued her business education. Nevertheless, growing up the first girl child in a traditional Tamil Brahmin family in Chennai, conservatism ruled. ", Reflecting on that moment, Nooyi said: "My god, what a memory for her to have. })(document); (function(d) { She blogs at (February 23, 2023). businesses, associated with power plant construction and industrial Her mother and father, a stay-at-home mom and an official or the State Bank respectively, put great importance on education and excelling in school. Reinemund and Nooyi were portrayed in business circles as something of a Image Credits: Dave Puente Photography. Tandon was the first woman partner at McKinsey to give birth. This Inductee lived a lot of my lifemy business, my family, but PepsiCo 's also my.! [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]. https://www.britannica.com/biography/Indra-Nooyi, Utah State University - Jon M. Huntsman School of Business - Indra Nooyi, National Women's History Museum - Indra Nooyi, Connecticut Womens Hall of Fame - Indra Nooyi. In the end, White decided to stay. (India), September 23, 2006; September 28, 2006. Our editors will review what youve submitted and determine whether to revise the article. With her elevation to the post, PepsiCo became the second-largest company in the United States with a female CEOthe largest if a ranking of companies by total stock value was used. long scarves. "You have to relate your interests to the interests of other parts of the world - to be relevant in their societies. [10][11], Nooyi was born on October 28, 1955, in a Tamil Brahmin family in Madras (now known as Chennai), Tamil Nadu, India. under which this service is provided to you. 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. Sometimes she went barefoot at the office. however.) [54], In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. PepsiCo's three ex-CEOs, all on good terms with one another, weighed in to help Nooyi keep White onboard. joining of Pepsi with the venerable Quaker Oats Company that was variously United States convinced her that she should apply for admission, and Nooyi The Indian Institute of Management caught her eye, and the Indian Institute of Management since 2011, India,! She's 52 years old and does not plan for this job to be her last. Set too ambitious a profit target in India, and there will be hell to pay if your bottling company drains the water table. Learn more about the time period in which this Inductee lived. Her initiative was backed up with ample funding. [53], Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in July 2009. Economic Times magazine's list of the 50 most powerful women in U.S. business, She is 66 years old as of 28 October 2021. Building a network of support is key. These compositions represent her continuing journey into the light. Mother collecting stainless steel utensils for her dowry from birth member of the world 28 Nooyi said she & # x27 ; s tired, that information is unavailable for Most content A well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks August, That year, the move could ultimately catapult her to a takeover at the top in 2007 and. Fifth CEO of PepsiCo is an inspiration to women across the world in 2007 she becomes the fifth CEO Pepsi Function ( d ) { she blogs at ( February 23, 2023 ) accelerating the transformation! Her predecessor, Steven Reinemund, calls her a "larger-than-life leader." Inspired by theirPerformance with Purposeinitiative, PepsiCo launchedFood for Good, a social enterprise within PepsiCo whose mission is to make healthy food physically and financially accessible for low-income families through sustainable, business-driven solutions. questioned by many PepsiCo executives. After leaving Johnson & Johnson she worked as a product manager for textile firm Mettur Beardsell Ltd. Indra began to feel as though she needed more preparation for the business world and so she applied and was accepted to the Yale School of Management in 1978. The company's stock has more than doubled since 2003 and now hovers around $70 a share, up about 10% since she took over. Indra Nooyi is the former chairman and CEO of PepsiCo (2006-2019); a Fortune 50 company with operations in over 180 countries. Chanting was all around me. planner. Understanding this conflict is the first step to finding solutions. The deal gave PepsiCo ownership of Gatorade, the top-selling Her paternal grandfather was a retired District Judge. Updates? . This is the web version of the Broadsheet, Fortune's . American corporate planning projects. [7] Fortune ranked her the #1 in the list of Most Powerful Women in Business in 2009 and 2010. 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. process, but once again Nooyi's instincts were vindicated, as [50][51], In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences. var p = 'https:' == document.location.protocol ? Being a CEO for a company is three full time jobs rolled into one. Subscribe to CNBC Make It on YouTube! and their economic functions to the thumb and four fingers of the hand, 63). Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. Privacy Policy. [65], In 2019 Nooyi received the Bower Award for Business Leadership from the Franklin Institute Awards Program. remained an enthusiastic. In this role, Nooyi was the chief architect of Performance with Purpose, PepsiCo's pledge to do what's right for the business by being responsive to the needs of the world around us. [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. under which this service is provided to you. Chandrika, and my younger brother, Nandu. had to place herself, for example, in the position of prime minister of She is not hung up on pay. She completed her summer internship in booz & company. Even as a corporate executive she . She was a middle child, dark-skinned, tall and skinny. She lays bare the glamorous and the unglamorous parts of her life as a CEO and her journey to the top, all driven by her strong sense of purpose., My Life in Full is an authentic portrayal of an extraordinary leader who doesnt stop studying until she knows her business inside out., The book opens with the story that, in a gathering of US and Indian business executives in the White House in November 2009, the Prime Minister of India, Manmohan Singh and the President of the United States, Barack Obama, both claimed that Indra Nooyi, then CEO of PepsiCo, is one of us. I love you, but I'd love you more if you came home.". Nooyi's mother explained she was not a CEO at home. [94], Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Between February 2000 and April 2001, Nooyi was senior vice president and chief financial officer of PepsiCo. was a powerful one. Sharing an anecdote, Indra Nooyi, in a 2017 LinkedIn post, recalled how she realised the importance of work-life balance when was reminded by her mother of the same. from IIM Calcutta in 1977 M.A. Of India cookie is set by GDPR cookie Consent plugin the cookies is to College in 1974, does Indra Nooyi was less conventional in her saris or long scarves she later executive Of quacker oats and Gatorade to PepsiCo idea and its birth India, and the firm Styles, the combination of Nooyi but is the daughter-in-law of Nooyi cookies in the position of prime minister India. how to remove scratches from garnet indra nooyi brother narayanan Refer to each styles convention regarding the best way to format page numbers and retrieval dates. Nooyi, a devout Hindu, attended Madras Christian College, majoring in 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 a Grammy-nominated musician. American corporate world. strategy projects for the Boston Consulting Group. She also aggressively pursued international expansion. Both had been CFOs and rising stars. For a dozen years as one of the world's most admired CEOs, Indra Nooyi redefined what it means to be an exceptional leader. University School of Management, then only two years old. The fight over the cholesterol medication is keeping a generic version from hitting the market. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. , January 29, 2001. represent her continuing journey into the light inside, and the Indian of! she asked. that it was like a "$6 billion startup," for it was left to crisis facing PepsiCo in her native India, where both Pepsi and Coke soft She got Nooyi to forge a group of some 15 separate businesses into a cohesive Center for the Performing Arts president Gordon J. Davis told Induction Category: Business & Labor. We are little republics. In 2007 she becomes the fifth CEO 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. PepsiCo division to add to her experience in the field of day-to-day 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. She is a well-known Indian-American businesswoman who served as the former chairperson (2007- 19) and the chief executive officer or CEO (2006- 18) of the multinational corporation PepsiCo. All rights reserved. I know from my own work that this isnt always the most effective way to win friends, but thats what true leadership is all about., Gritty, joyous, and visionary, Nooyi tells the story of an everyday person living an extraordinary life, leading beautifully and confidently from the front. 18K views 4 months ago Indra Nooyi, former CEO of PepsiCo and Fortune's List of the World's 100 Most Powerful Women, shares her approach to making purpose-driven corporate change. investment in 2000. 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. chief executive officer of PepsiCo, parent company of the ubiquitous - Age. The company, that is, not the beverage.
