She was named President and CEO of PepsiCo in 2006 becoming the fifth CEO in PepsiCo’s 44-year history. Nooyi's husband is Raj K. Nooyi, who is president at AmSoft Systems, and they've been married for 37 years. On Aug. 06, she announced she would be stepping down as the company’s first foreign-born and first female CEO on Oct. 03. Quartz is owned by Uzabase, the business intelligence and media company. She said, 'he is tired'. Nooyi didn't suggest that either she or her husband was a "frontline parent." Working odd jobs to make ends meet, including as a receptionist, Nooyi managed to graduate with a master’s degree in public and private management from the Yale School of Management in 1980.
Criminal or Civil Court records found on Raj's Family, Friends, Neighbors, or Classmates View Details. She was ranked as the 3rd most powerful woman in business by Fortune in 2014 and as the 2nd most powerful women by Fortune in 2015. Her father worked for the government-run State Bank of Hyderabad; … Her mother wanted to get her married first, but her family eventually decided to let her go.
'", She added: "Would I have liked to have brought [the crown] in? It was in 1994 that Nooyi moved to PepsiCo as senior vice-president for strategic planning, starting off a 24 year-long career at the American food and beverage giant. She is regarded as one of the powerful women in the world. " For example, she said, "There's one [parent] that's more able to fall asleep at night than the other. Town: Greenwich.
After graduating from Yale in 1980 with a master’s degree in public and private management she went on to direct international corporate strategies for the Boston Consulting Group. By the mid-2000s, soda consumption in America—the world’s largest market for the product—began declining rapidly. : Not Known; Nooyi agreed that it was unfair, but also explained how it's been useful — not only for her, but also for her husband. Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981.
Brands into a separately listed entity in 1997. By 2006, PepsiCo was ready to announce her as head, making her its first female chief ever. After studying at the city’s Holy Angels Anglo Indian Higher Secondary School, Nooyi attended the Madras Christian College, where she played guitar in a band, excelled at cricket, and eventually graduated with a bachelor’s degree in physics, chemistry, and mathematics in 1974. I was going [anyway]!”. These are some of our most ambitious editorial projects. Despite speed bumps, PepsiCo has continued its journey towards launching healthier products, investing in packaging and bolstering investments in key markets, including India. “Every night at the dinner table, my mother would ask us to write a speech about what we would do if we were president, chief minister, or prime minister—every day would be a different world leader she’d ask us to play,” Nooyi recalled at an event decades later. In 2006 Indra was named President and CEO of PepsiCo, and assumed the role of Chairman in 2007. Subscriber : Not Known; Does Indra Nooyi drink alcohol? For Chandrika, that would mean becoming a partner at McKinsey, then a bank turnaround consultant, and then a Grammy-nominated musician. Website designed and developed in partnership with Slalom Hartford.
Indra was born in 1955 in Madras (now Chennai), India, to a conservative family in a society where males were favored and it was considered inappropriate for young girls to exert themselves. Inspired by their Performance with Purpose initiative, PepsiCo launched Food 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.
Armed with a masters degree, Nooyi kick-started what would become a dazzling career spanning consulting, corporate planning, and a chief financial officer (CFO) role. These acquisitions paved her way to the title of president and CFO in 2001.
Since her start as CEO PepsiCo’s annual net profit has risen from $2.7 billion to $6.5 billion, and under Indra’s strategic leadership PepsiCo launched Performance with Purpose in 2009. As her exit statement read, “Being a CEO requires strong legs and I feel like I ran two legs of a relay race and I want somebody else with nice strong legs and sharp eyes to come and lead this company.”. Our website is a virtual hall and is the primary space for our exhibits and materials. At present, they have two grown-up daughters. Born: 1955. In 1980, she joined the Boston Consulting Group where she spent six years working on international corporate strategy projects across consumer goods and chemical companies. And at a time when few women studied business, she then got admission to the fiercely competitive Indian Institute of Management Calcutta. Indra Nooyi was born into a middle-class Chennai family on Oct. 28, 1955. Photos | Summary | Follow. She currently resides in Greenwich, Connecticut with her husband of 35 years Raj K. Nooyi and has two daughters. Indra Nooyi was born into a middle-class Chennai family on Oct. 28, 1955. She continued on with her education, receiving her M.B.A. in 1978 from the Indian Institute of Management in Calcutta. She told host Stephen Dubner that her mother "believes that these jobs [like the job of CEO] give you crowns, and leave those crowns in the garage when you come home. Does Indra Nooyi smoke? Fine, I left it in the garage. To which she said 'leave that important news, just go buy some milk'. 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. She is a business woman, best known by being the chairwoman and the Chief Executive… This would essentially pivot the company into healthier products while reviving soda sales and finding better alternatives for sugary drinks. INDRA NOOYI: No, I have said this story many times. Raj K. Nooyi: Children: Sons- N/A Daughters- Tara Nooyi, Preetha Nooyi: Money Factor: Salary: $18.6 million (as in 2014) Net Worth: $144 million (as in December 2014) Some Lesser Known Facts About Indra Nooyi. Nobody will marry her because she’s now gone alone to the States. But as Nooyi sees it, everyone has to make some sacrifices to keep their marriage and family intact and for her, this was it.
Sign up for Innovation Inc. By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider She is a Successor Fellow of the Yale Corporation and was appointed by The Obama Administration to the U.S.-India CEO Forum. During This Time: 1966 - Today: Struggle for Justice Learn more about the time period in which this Inductee lived. At the Forbes Women’s Summit earlier this year, Nooyi said: “My parents were so sure I wouldn’t get any scholarship money [that] they said ‘of course you can go.’ And then when the loan money came by they were in sort of a dilemma, how do we send this young girl off to the states, who’s unmarried. Indra began her career with PepsiCo in 1994 as Senior Vice President of Strategic Planning and was promoted in 1996 to Senior Vice President of Corporate Strategy and Development. Consumer and activist concerns grew amid rising obesity levels, pushing soda sales down by 20% in the US between 2007 and 2013. CONNECTICUT WOMEN’S HALL OF FAME
Now, after over two decades, it’s Nooyi’s time to pass the baton. She has also received 14 honorary degrees and numerous awards including the 2007 Padma Bhushan Award from the President of India. Nooyi has two daughters and resides in Greenwich, Connecticut.
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.
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