In 2006 Indian-born executive Indra K. Nooyi (born 1955) was named chief executive officer of PepsiCo, parent company of the ubiquitous Pepsi-Cola, the giant multinational drink and snack-food maker. As the CEO of the company, Indra Nooyi classified PepsiCo’s products into three categories, namely ‘fun for you’, ‘better for you’ and ‘good for you’. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox. Create a free website or blog at WordPress.com. Vision “Performance with a statements are covered in more detail with a particular emphasis on customer- … Consistently listed as one of Time’s 100 Most Influential People and Fortune’s Most Powerful Women, she is praised largely as a forward-thinking leader. Nooyi also led PepsiCo’s restructuring efforts, including the 1997 divestiture of its restaurants into Yum! In 2007, she was awarded Padma Bhushan by Govt of India. Indra Nooyi is known for her ability to have extreme drive and still maintain a sense of heart and fun. Indra Nooyi is stepping down as chief executive of Pepsico after 12 years leading the soft drinks giant. Updates? Indra Krishnamurthy Nooyi is the chairwoman and CEO of PepsiCo, which is the world's fourth-largest food and beverage company. How much passion does Indra Nooyi seem to bring to her role as CEO of PepsiCo? In the U.S., we tend to follow very organized processes and then launch. After moving to the United States, she received an additional master’s degree in public and private management from the Yale School of Management in 1980. ( Log Out /  Indra K. Nooyi presided over a significant expansion of PepsiCo’s business, with revenue growing to $63.5 billion last year, from $35 billion in 2006, when she took the helm. ( Log Out /  NEW YORK: Chennai-born Indra Nooyi not only broke the glass ceiling in corporate America when she was named CEO of global beverage giant PepsiCo … She was appointed as CEO and Chairman in 2006. Since Indra Nooyi has such strong strategic intuition, she can be a much greater leader than the others. Indra style Indra Nooyi Moda Ejecutiva Jefe De Operaciones Vestirse Para El Éxito Pepsi Mujeres Poderosas Moda Para El Trabajo Sostenibilidad Nooyi assumed the title of CEO in October 2006 and the next year became chairman of the board as well. Nooyi earned a bachelor’s degree in chemistry from Madras Christian College in 1976 and a master’s degree in business administration from the Indian Institute of Management in Calcutta two years later. Change ), Interview With Former Medtronic CEO Bill George, Technology Outlook For 2010: The Dawning of The Age of Information Management And Dominance, My Calls For 2010: Good to bad to possibly worse. 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. Then she later held positions at The Boston Consulting Group (BCG), Motorola and Asea Brown Boveri. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri (now ABB). Their marriage took place in 1980 in Tamil Nadu, India, after they both had already settled in United States Of America. https://www.nytimes.com/2019/03/21/business/indra-nooyi-corner-office-pepsi.html Today’s entry highlights the accomplishments of Indra Nooyi, an accomplished woman from humble beginnings. In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. Leadership Behaviors 4.1. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. In addition to being a member of the PepsiCo board of directors, Nooyi serves as a member of the boards of the International Rescue Committee, Catalyst and the Lincoln Center for the Performing Arts. Indra Nooyi … Nooyi is the 11th to break into the top echelons of power. Nooyi often made the lists of the most powerful women in corporate America when she was CEO of the New York-based PepsiCo from 2006 until her retirement in 2018. Presently, there are only 10 Fortune 500 companies that are run by women. * MBA Public and Private Management, Yale School of Management, 1980. Nooyi, 64, will be succeeded as CEO by PepsiCo's president Ramon Laguarta, 54, on Oct. 3 but she … Indra Krishnamurthy Nooyi was born into a Tamil family on October 28, 1955 in Chennai, India. * BS Chemistry, Madras Christian College, 1974. The corporate world will lose a prominent woman leader when Indra Nooyi steps down as CEO of PepsiCo in October, after a 24-year stint at the food and beverage giant. India does have huge potential, real question is speed of growth: Indra Nooyi Nooyi, in October last year, stepped down as the CEO of the global beverage giant, after 24 years with the company. ( Log Out /  From the time of Nooyi’s appointment as CEO, the beverage and snacks giant’s stock price more than tripled and its revenue had grown from $35 billion to $63.5 billion at the end of 2017. On Tuesday, Indra Nooyi, the chief executive of PepsiCo, joined a call with other prominent corporate chieftains who — like her — had agreed to advise President Trump. 1994, Indra Nooyi (then the new head of corporat e strategy) and Roger Enrico (then the new head of global restaurants) had begun to take a hard look at Pe psiCo’s troubled restaurant sector. She didn’t just make a mark, but also broke all the rules to transform PepsiCo’s positioning. Companies; ... everyone in corporate America could take a share of the blame, deserved or not. She has vast experience, at the very top, in just about the most cut-throat corporate environment. Indra Nooyi: When a woman CEO steps down, there’s often a man waiting to fill her shoes Jeff Green - 7 August, 2018 In my “Executive Summary” I’ll introduce a short bio of a top executive personality. Meet extraordinary women who dared to bring gender equality and other issues to the forefront. Nooyi has been named 2009 CEO of the Year by Global Supply Chain leaders Group. PepsiCo Chief Executive Indra Nooyi told investors on an earnings call that its beverage business will take a couple of quarters to recover after battling a "confluence of factors" in 2017. The Cola giant chairperson serves as an Honorary Co-Chair for the World Justice Project. Nooyi continued the strategy of making PepsiCo a well-balanced consumer-products company that was less reliant on sales of its flagship soft drinks. In 2007 she became the fifth CEO in PepsiCo’s 44-year history. How Indian women have climbed the American corporate ladder Indian women have made steady progress over the past several years by ascending to senior positions in blue-blooded American companies. * MBA, Indian Institute of Management in Calcutta, India. Nooyi joined the company in 1994 and was named CFO in 2001. PepsiCo CEO Indra Nooyi: We have a job to do: rebuild trust. Omissions? Nooyi has stepped down after 12 years at the helm of the global beverage giant. This is a new series of blog entries that I will post from time to time. Indra Nooyi (Indra Krishnamurthy Nooyi) is an Indian Born American business executive. A multi-millionaire, she is consistently ranked among the top 100 most powerful women in the world. The following year it was announced that Nooyi would be stepping down as CEO in October and as chairman of the board in early 2019. https://www.britannica.com/biography/Indra-Nooyi. She represents that all with intelligence, hard work and determination that a woman can succeed in a predominantly man’s corporate world. While serving as PepsiCo’s CFO fom 2001 to 2006, annual revenues rose 72% while net profit more than doubled to $5.6 billion. Nooyi leads USIBC’s Board of Directors, an assemblyof more than 60 senior executives representing a cross-section of American industry. Indra Nooyi is a very kind and considerate leader, some one says it is partly because she is a woman, and some one thinks it is because the Asian culture and her religion. Every CEO could learn a lot from Ms. Nooyi. Nooyi has been named the ‘Most Powerful Business Woman in the world’ in 2006 and 2007 by Fortune magazine. Few people in the corporate world command the respect that Indra Nooyi receives. Read here to learn more about the history of PepsiCo, Inc., including its mergers, acquisitions, and products. She is also bringing social responsibility into PepsiCo’s corporate culture and encourages her employees to “Lead With Purpose.” If you launch quickly, you have more failures, but that’s OK because the cost of failure in those markets is low. In January 2008, Nooyi was elected Chairman of the US-India Business Council (USIBC), a non-profit business advocacy organization representing more than 300 of the world’s largest companies doing business in India. Let’s go through her journey of success. 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 ranks 3rd on Forbes Magazine’s 2008 list of The World’s 100 Most Powerful Women, 1st on Fortune Magazine’s annual ranking of the most powerful women in business for the last four years running, and was named one of America’s best leaders by U.S. News & World Report in 2008. Nooyi has two daughters and resides in Greenwich, Connecticut. Packets of PG Tips tea bags, produced by Unilever, sit displayed for sale inside a … * 2007 – Recipient of the Padma Bhushan Award by the Indian Government* 2008 – Elected to the Fellowship of The American Academy of Arts and Sciences. Please refer to the appropriate style manual or other sources if you have any questions. She broke the mould at PepsiCo as all previous CEOs were white American men. WASHINGTON, D.C. — Indra Krishnamurthy Nooyi, who shattered the glass ceiling in corporate America in 2006 when she became chief executive officer at PepsiCo, is stepping down after nearly a quarter century at the company. Change ), You are commenting using your Twitter account. COMPANY HISTORY PepsiCo, Inc., was established in 1965 when PepsiCola and Frito-Lay shareholders agreed to a merger between the salty-snack icon and soft-drink giant. Supportive Leadership Behavior. The lady with a fizz, Indra Krishnamurthy Nooyi was the chairman and CEO of PepsiCo, the world's fourth-largest food and Beverage Company for 12 Years. Gender inequality has always been a highly debated topic, and I doubt if that will change in the years to come. The Chennai native, 62, said her departure from the Fortune 500 conglomerate becomes effective Oct. 3. PepsiCo, Inc., American food and beverage company that is one of the largest in the world, with products available in more than 200 countries. Not only responsible for one of the largest beverage and snack businesses in the world, Indra Nooyi is a very respected member of the community. Indra Nooyi is stepping down as chief executive of Pepsico after 12 years leading the soft drinks giant. Exhibit 2 tracks PepsiCo’s market performance between 2004 and July 2014. Get a Britannica Premium subscription and gain access to exclusive content. The global food and beverages giant now had a portfolio featuring 22 brands, including famous names such as Quaker, … NEW YORK — PepsiCo gave CEO Indra Nooyi a pay package worth $12.6 million last year, which is down 11 percent from the previous year, as the soda-and-snack food giant changed the way it … Indra Nooyi (née Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chairperson and chief executive officer (CEO) of PepsiCo.. She has consistently ranked among the world's 100 most powerful women. A rebellion was brewing. The chapter begins with the first step in the strategic management process with a PepsiCo’s Indra Nooyi: discussion of the role of vision, mission, and values in strategic management. Nooyi served as the company’s CEO (2006–18) and chairman of the board (2007–19). Raj & Indra Nooyi Daughters & Family Details : Currently, in his mid-sixties, Mr. Raj Nooyi is married to his wife Mrs. Indira Nooyi. Under her leadership, PepsiCo’s goals included focusing more on countries outside the U.S., developing healthier snacks, having a net-zero impact on the environment, and creating a better working environment. Lot of fuel still left in my tank, want to do something different with life: Indra Nooyi. Corrections? She has directed the company’s global strategy for more than decade now. Confidence & Risk Taker: In this light - any light, really - Nooyi's name is not meant to be gimmicky or a box-ticker. Summary. Associate Editor, Encyclopædia Britannica. INDRA KRISHNAMURTHY NOOYI Business Executive, the current Chairperson and Chief Executive Officer of PepsiCo Childhood Of Indra Nooyi • She was born as Indra Krishnamurthy on 28 October 1955, in Madras (now Chennai), Tamil Nadu, India, into a conservative middle-class … She is a Successor Fellow of the Yale Corporation and member of the Board of Trustees of Eisenhower Fellowships. Not so much in the U.S., but China and Japan are lead horses for that process—test, prove, launch. 4. Her older sister is businesswoman and Grammy-nominated artist Chandrika Krishnamurthy Tandon. Indra Nooyi, PepsiCo chairman and CEO, doesn't like obese Americans, nay obese consumers anywhere, burdening the public health system. Under her leadership, PepsiCo’s revenues increased from $35 billion in 2006 to $63.5 billion in 2017. She, therefore, began a nutrition movement within her company, and her consumers, for she knew the $65 billion food and beverage giant couldn't continue the way it always did. The fifth chairman and CEO in PepsiCo’s 42-year history, Nooyi was the first woman to lead the soft-drink and snack-food giant and one of only 11 female chief executives of Fortune 500 companies. Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981. Indra Nooyi has stepped down after 12 years as CEO, President Ramon Laguarta to succeed her. Mrs. Nooyi began her business career in India holding product manager positions at Johnson & Johnson and Mettur Beardsell. Summary: Indra Nooyi is the leaders' leader. Indra Nooyi joined PepsiCo in 1994 and was named President and CFO in 2001. Indra Nooyi on her upbringing in India, the importance of diversity, and what it takes to run a giant company in a meritocracy. Indra Nooyi is known for her ability to have extreme drive and still maintain a sense of heart and fun. She is one of the most well-known faces among Indian women entrepreneurs. PepsiCo has announced the appointment of Ramon Laguarta to succeed Indra Nooyi as CEO of the multinational food, snack, and beverage corporation. Nooyi relies on advisors such as the ex-CEOs of PepsiCo. First, it was Pepsico’s Indra Nooyi’s “Women can’t have it all” statement, followed by the much-hyped Microsoft CEO’s words about how women should “wait for karma”, instead of asking for a … Image Courtesy: PepsiCo. When Indra Nooyi became CEO of PepsiCo in 2006, she unveiled a bold plan to introduce wholesome offerings into the company's line of sugary beverages and snacks. Britannica now has a site just for parents! While every effort has been made to follow citation style rules, there may be some discrepancies. Her thinking was long term. In 2001 she was named president and chief financial officer of the company. Today, she’s the Chairman and Chief Executive Officer (CEO) of PepsiCo. Over 30 allied organizations spanning the globe partnered with RAN on a Global Solidarity Action to stand in #SolidarityWithPalmOilWorkers and send a message directly to PepsiCo’s CEO Ms. Indra Nooyi. CEO Indra Nooyi believes that each PepsiCo product must engage customers so directly and personally that they fall in love with it. 6. Is that part of what you’re trying to do? The China-Japan model may have to come to the … The company also announced that 64-year-old Nooyi will step down on October 3, 2018, after a 12-year tenure as CEO. True North Synopsis. It makes and sells dozens of other products, including Doritos-brand chips, the Tropicana juice line, and Quaker Oats cereals. In this important book, acclaimed former Medtronic CEO Bill George shares the wisdom of over 125 outstanding leaders and provides a comprehensive and very personal program for finding your own True North and leadership success. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. Indra Nooyi, who became the first female CEO of PepsiCo, poured her heart out and explained how she had to work harder to make a mark in male-dominated environment. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. When I picture design thinking, I think about rapid prototyping and testing. By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica. Change ), You are commenting using your Google account. In January 2008, Nooyi was elected Chairman of the US Indian Business Council ( USIBC). Our editors will review what you’ve submitted and determine whether to revise the article. Let us know if you have suggestions to improve this article (requires login). A summary of PepsiCo’s financial performance for 2004 through 2013 is shown in Exhibit 1 . * 2009 – Selected as CEO of the Year by Global Supply Chain Leaders Group. The fifth chairman and CEO in PepsiCo’s 42-year history, Nooyi was the first woman to lead the soft-drink and snack-food giant and one of only 11 female chief executives of Fortune 500 companies. She is also bringing social responsibility into PepsiCo’s corporate culture and encourages her employees to “Lead With Purpose.”. CEO Indra Nooyi had stated during the previous earnings conference call that Coca-Cola’s (KO) higher marketing spending on its flagship beverages had given the rival an upper hand. Forbes ranked her at the 3rd spot among "World's Powerful Moms" list. She was among the first of a handful of India-born executives to helm global companies. In 2006 PepsiCo got a new CEO, Indra Nooyi, who began reorganizing PepsiCo to focus on several different initiatives. From Indra Nooyi to Naina Lal Kidwai, these women are balancing both work and home. Indra Nooyi to step down as PepsiCo chief executive Her mother required her to prepare speeches on important topics of the day; her grandfather, a judge, practised maths problems with Ms Nooyi … Brands, Inc.), as well as the spin-off of PepsiCo’s bottling operations. Change ), You are commenting using your Facebook account. ( Log Out /  Indra Nooyi, Chairman and CEO of PepsiCo, shows the impact great leaders truly have – things like creating a vision, having courage of your convictions, and unleashing the power of your people. Her success story is inspirational to others. PEPSICO EXECUTIVE Nooyi joined PepsiCo as senior vice president, corporate strategy and development in 1994 and was named president and CFO in 2001. From overcoming oppression, to breaking rules, to reimagining the world or waging a rebellion, these women of history have a story to tell. Indra K. Nooyi is the president and chief financial officer of PepsiCo. Indra Nooyi is an Indian-American businesswoman and Chief Executive Officer of PepsiCo, the second largest food and beverage business in the world by net revenue. 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. Although analysts expressed surprise at the timing of Nooyi’s appointment as chairman (her predecessor, Steven Reinemund, had served just five years before abruptly deciding to retire), many praised the skills that she would bring to the job. Her adaptive response during her 12-year tenure as CEO of PepsiCo helped revenues grow from US$35 billion to US$63.5 […] PepsiCo CEO and Chairman Indra Nooyi, among the world's most prominent female business leaders, will step down after 12 years leading the beverage and snack giant. According to Business Week, since she started as CFO in 2000, the companys annual revenues have risen 72%, while net profit more than doubled, to $5.6 billion in 2006. Brands. Indra Nooyi Nooyi has been the CEO of PepsiCo - the second-largest food and beverage comapny in the world by net revenue - since 2006. Consider the activism by investor Nelson Pletz against Indra Nooyi of Pepsico, which dragged on for about two years before they reached a truce in … And she took the lead in the acquisition of Tropicana and Quaker Oats, which also brought Gatorade to the PepsiCo family. She also aggressively pursued international expansion. Nooyi is one of the top female executives in the United States and is consistently ranked among the World's 100 Most Powerful Women. Indra Nooyi is a leader who through trust and respect for her colleagues enables her to drive the goals of her company is a leader. Activists around the world took photo petitions to pressure PepsiCo to take action, and eliminate Conflict Palm Oil from its supply chain. 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