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Indra Nooyi
IndraNooyiDavos2010ver2.jpg
Nooyi at the World Economic Forum annual meeting in Davos, Switzerland, January 2010
Born (1955-10-28) 28 October 1955 (age 57)
Madras, Tamil Nadu, India
Citizenship United States[1]
Alma mater Madras Christian College
IIM Calcutta
Yale School of Management
Occupation Chairperson & CEO of PepsiCo
Employer PepsiCo
Predecessor Steven Reinemund
Religion Hinduism
Awards Padma Bhushan
2007

Indra Krishnamurthy Nooyi (born 28 October 1955) is an Indian-American business executive and the current Chairperson and Chief Executive Officer of PepsiCo, the second largest food and beverage business in the world by net revenue.[2] According to Forbes, she is consistently ranked among World's 100 Most Powerful Women.[3]

Contents

Early life and career [edit]

Nooyi was born in Madras (presently Chennai), Tamil Nadu, India. She was educated at Holy Angels Anglo Indian Higher Secondary School in Madras. She received a Bachelor's degree in Physics, Chemistry and Mathematics from Madras Christian College in 1974 and a Post Graduate Diploma in Management (MBA) from Indian Institute of Management Calcutta in 1976.[4] Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. She was admitted to Yale School of Management in 1978 and earned a Master's degree in Public and Private Management. While at Yale, she completed her summer internship with Booz Allen Hamilton.[5] Graduating in 1980, Nooyi joined the Boston Consulting Group (BCG), and then held strategy positions at Motorola and Asea Brown Boveri.[6]

PepsiCo executive [edit]

Nooyi joined PepsiCo in 1994 and was named president and CFO in 2001. Nooyi has directed the company's global strategy for more than a decade and led PepsiCo's restructuring, including the 1997 divestiture of its restaurants into Tricon, now known as Yum! Brands. Nooyi also took the lead in the acquisition of Tropicana in 1998,[7] and merger with Quaker Oats Company, which also brought Gatorade to PepsiCo. In 2006 she became the fifth CEO in PepsiCo's 44-year history.[8]

According to BusinessWeek, since she started as CFO in 2000,[9] the company's annual revenues have risen 72%, while net profit more than doubled, to $5.6 billion in 2006.[10]

Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[11][12] and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. Forbes named her the #3 most powerful woman in 2008.[13] Fortune ranked her the #1 most powerful woman in business in 2009 and 2010. On the 7th of October 2010 Forbes magazine ranked her the 6th most powerful woman in the world.[14][15]

Compensation [edit]

While CEO of PepsiCo in 2011, Nooyi earned a total compensation of $17 million which included a base salary of $1.6 million, a cash bonus of $2.5 million, pension value and deferred compensation was $3 million.[16]

Honours, awards and international recognition [edit]

Forbes magazine ranked Nooyi fourth on the 2008 and 2009 list of The World's 100 Most Powerful Women.[17] Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010.[18][19][20][21] In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report.[22] In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences.[23]

In January 2008, Nooyi was elected Chairwoman of the US-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.[24][25]

Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group.[26]

In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.[27][28] In 2010 she was named #1 on Fortune's list of the "50 Most Powerful Women" and #6 on Forbes' list of the "World's 100 Most Powerful Women".[29][30] 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.[31]

Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011.[32]

Year Name Awarding organization Ref.
2011 Honorary Doctor of Laws Wake Forest University.
2011 Honorary Doctor of Laws University of Warwick. [33]
2011 Honorary Doctorate of Law Miami University. [34]
2010 Honorary Doctorate of Humane Letters Pennsylvania State University. [35]
2009 Honorary Degree Duke University. [36]
2009 Barnard Medal of Honor Barnard College. [37]
2008 Honorary Degree New York University.
2007 Padma Bhushan President of India. [38]
2004 Honorary Doctor of Laws Babson College. [39]

Memberships and Associations [edit]

Nooyi is a Successor Fellow of the Yale Corporation.[40] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[41] 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.

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.

Popular culture and shows [edit]

Nooyi has also been mentioned in two episodes of the hit CW show, Gossip Girl, where one of the main characters, Blair Waldorf plans to get an internship under her.[42]

Personal life [edit]

Nooyi is married to Raj K. Nooyi. They have two daughters and reside in Greenwich, Connecticut. One of her daughters is currently attending the School of Management at Yale, Nooyi's alma mater.[43] Forbes ranked her at the 3rd spot among 'World's Powerful Moms' list.[44] Her elder sister Chandrika Krishnamurthy Tandon is a well-known singer.

Notes [edit]

  1. ^ The TIME 100
  2. ^ "PepsiCo, Inc. (NYSE:PEP) : Second Quarter 2010 Earnings Preview". IStock Analyst. 15 July 2010. Retrieved 11 December 2010. 
  3. ^ Sellers, Patricia (2012-10-02). "Forbes Magazine's List of The World's 100 Most Powerful Women". Forbes. 
  4. ^ Notable Biographies
  5. ^ Sellers, Patricia (2006-10-02). "It's good to be the boss". CNN. 
  6. ^ "Alumni Leaders — Indra Nooyi '80". Yale School of Management. Retrieved 2009-07-09. 
  7. ^ Levine, Greg (2006-08-14). "'Power Women' Member Nooyi To Lead 'Platinum' Pepsi". Forbes. Retrieved 2007-09-10. 
  8. ^ "Indra Nooyi, Chairman and CEO of PepsiCo, Named CEO of the Year by GSCLG". Marketwire. 2009-09-09. Retrieved 2009-07-09. 
  9. ^ "Forbes Profile: Indra Nooyi". Retrieved 2007-12-09. 
  10. ^ Brady, Diane (2007-06-11). "Indra Nooyi: Keeping Cool In Hot Water". BusinessWeek. Retrieved 2009-07-10. 
  11. ^ McKay, Betsy (2008-22-19). "The 50 Women to Watch 2007". Wall Street Journal. Retrieved 2009-07-10. 
  12. ^ Crittenden, Michael R. (2008-11-10). "The 50 Women to Watch 2008". Wall Street Journal. Retrieved 2009-07-10. 
  13. ^ The 100 Most Powerful Women, Forbes.com
  14. ^ The 50 Most Powerful Women in Business, Fortune.com
  15. ^ « The World's 100 Most Powerful Women », peoplestar.co.uk, Retrieved on 2010-10-11.
  16. ^ [1]
  17. ^ "The 100 Most Powerful Women: #3". Forbes. 2008-08-27. Retrieved 2008-08-27. 
  18. ^ "50 Most Powerful Women 2006: #1". CNN. Retrieved 2009-09-22. 
  19. ^ Benner, Katie; Levenson, Eugenia; Arora, Rupali. "50 Most Powerful Women 2007: #1". CNN. Retrieved 2009-09-22. 
  20. ^ Shambora, Jessica; Kowitt, Beth (2008-10-16). "50 Most Powerful Women 2008: #1". CNN. Retrieved 2009-09-22. 
  21. ^ Shambora, Jessica; Kowitt, Beth (2009-09-15). "50 Most Powerful Women 2009: #1". CNN. Retrieved 2009-09-22. 
  22. ^ "America's Best Leaders: Indra Nooyi, PepsiCo CEO". Retrieved 2008-11-20. 
  23. ^ "Academy Announces 2008 Class of Fellows". American Academy of Arts & Sciences. 2008-04-28. Retrieved 2009-07-09. 
  24. ^ "PepsiCo’s Indra K. Nooyi Elected Chairman of U.S.-India Business Council" (PDF) (Press release). U.S. Chamber of Commerce. 2009-01-23. Retrieved 2009-07-09. 
  25. ^ "USIBC Leads U.S. Commercial Nuclear Executives to Help Implement Historic Nuclear Deal" (Press release). U.S. Chamber of Commerce. 2009-01-16. Retrieved 2009-07-09. 
  26. ^ India-born Indra Nooyi named CEO of the year
  27. ^ The Market's Best Managers - Forbes.com, Forbes.com
  28. ^ Brendan Wood International Announces 24 TopGun CEOs in the US, Reuters.com
  29. ^ Forbes http://www.forbes.com/wealth/power-women |url= missing title (help). 
  30. ^ Shambora, Jessica; Kowitt, Beth (2010-09-30). "50 Most Powerful Women". CNN. 
  31. ^ "Indra Nooyi second most powerful woman in US business". Indiavision news. Oct. 1, 2011. 
  32. ^ The All-America Executive Team Best CEOs, InstitutionalInvestor.com
  33. ^ "University of Warwick 2011: Citations for Medalists". 
  34. ^ "Miami University 2011: Citations for Medalists". 
  35. ^ "Pennsylvania State 2010: Citations for Medalists". 
  36. ^ "Duke University Commencement 2009: Citations for Medalists". 
  37. ^ "Barnard College Commencement 2009: Citations for Medalists". 
  38. ^ [Aloke] (2007-02-23). "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list". Hindustan Times. Retrieved 2009-07-09. 
  39. ^ "Babson College Commencement 2004: Citations for Medalists". 
  40. ^ "PepsiCo president Indra Nooyi elected to Yale Corporation". Yale Bulletin & Calendar. 30 August 2002. Retrieved 6 July 2009. 
  41. ^ "Board of Directors". Catalyst. Retrieved 2009-07-09. 
  42. ^ [2]
  43. ^ Credeur, Mary Jane (15 August 2006). "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar". Bloomberg, L.P. Retrieved 17 August 2011. 
  44. ^ "Clinton, Nooyi, Sonia among 'World's Powerful Moms' list". 13 May 2012. 

External links [edit]

Preceded by
Steven Reinemund
Chairwoman and CEO of PepsiCo
2006 – Present
Succeeded by
Incumbent

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Indra_Nooyi — Please support Wikipedia.
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1198 news items

The Nation

Indian Express
Wed, 22 May 2013 13:15:36 -0700

UPA Chairperson Sonia Gandhi and India-origin PepsiCo chief Indra Nooyi figure among the top 10 in the global list of most powerful women, in the league of leaders like Angela Merkel, Michelle Obama and Hillary Clinton. Gandhi is ranked ninth while ...
 
PR Newswire (press release)
Tue, 14 May 2013 07:03:26 -0700

ARLINGTON, Texas, May 14, 2013 /PRNewswire/ -- The Bowling Proprietors' Association of America (BPAA), the bowling industry's premier trade organization today announced that PepsiCo Chairman and CEO Indra Nooyi will be the keynote speaker at the ...
 
Sacramento Bee
Fri, 10 May 2013 00:27:06 -0700

PURCHASE, N.Y., May 9, 2013 -- /PRNewswire/ -- PepsiCo, Inc. (NYSE: PEP) today announced that Chairman and Chief Executive Officer Indra Nooyi will present at the Sanford Bernstein Strategic Decisions Conference in New York City on Wednesday, May ...
 
Breakingviews
Fri, 03 May 2013 09:50:39 -0700

Pepsi chief Indra Nooyi has argued there are $1 billion of synergies from keeping the firm whole. Having the same trucks deliver Doritos and Mountain Dew cuts costs. Moreover, Pepsi is widely sold in developing nations - that's a ready-made ...
 
Fortune (blog)
Tue, 21 May 2013 09:10:57 -0700

But who would have expected these women chiefs to have STEM backgrounds?... PepsiCo's (PEP) Indra Nooyi studied chemistry, physics, and math at Madras Christian College in India before getting her graduate degree at Indian Institute of Management.
 
Rochester Business Journal
Tue, 21 May 2013 11:46:21 -0700

A grand opening celebration will be attended by executives including PepsiCo CEO Indra Nooyi; Theo Muller, owner of the Theo Muller Group; and U.S. Sen. Chuck Schumer, D-NY. The $206 million yogurt manufacturing plant in Batavia, Genesee County will ...

Smart Business Network

Smart Business Network
Tue, 30 Apr 2013 18:12:42 -0700

“When I met Pepsi CEO Indra Nooyi, she said, 'You're a Marine on active duty in San Diego, you go to an Executive MBA program in Los Angeles and you have a family in Murrieta, Calif. How do you do this?' I commute 40,000 miles a year and I'm working ...
 
Puget Sound Business Journal (Seattle) (blog)
Tue, 21 May 2013 09:46:24 -0700

“To be recognized by these future business leaders is a significant honor and deeply humbling,” said Schultz, in a statement. The school said other recent honorees include: Indra Nooyi, chairman and chief executive officer of PepsiCo; Wendy Kopp ...
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