Achievements: CEO of PepsiCo; Ranked No.4 on Forbes magazine's annual survey of the 100 most powerful women in the world. Indra Nooyi is the newly appointed CEO of PepsiCo-the world's second-largest soft drink maker. She joins the select band of women who head Fortune 500 companies. Presently, there are only 10 Fortune 500 companies that are run by women, and Indra Nooyi is the 11th to break into the top echelons of power. Prior to becoming CEO, Indra Nooyi was President, Chief Financial Officer and a member of the Board of Directors of PepsiCo Inc. Indra Nooyi spent her childhood in Chennai. Her father worked at the State Bank of Hyderabad and her grandfather was a district judge. She did her BSc. in Chemistry from Madras Christian College and subsequently earned a Master's Degree in Finance and Marketing from IIM Calcutta. Indra Nooyi also holds a Master's Degree in Public and Private management from the Yale School of Management. Before joining PepsiCo in 1994, Indra Nooyi was Senior Vice President of Strategy and Strategic Marketing for Asea Brown Boveri, and Vice President and Director of Corporate Strategy and Planning at Motorola. She also had stints at Mettur Beardsell and Johnson & Johnson. At PepsiCo, Indra Nooyi played key roles in the Tricon spin-off, the purchase of Tropicana, the public offering of Pepsi Cola bottling group and the merger with Quaker Foods. Indra Nooyi has been ranked No.4 on Forbes magazine's annual survey of the 100 most powerful women in the world.

Indra K. Nooyi Biography

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October 28, 1955 Madras, India Executive

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Nooyi, Indra K.. Najlah Feanny/Corbis SABA. Indra K. Nooyi is the president and chief financial officer of PepsiCo. Best known for its Pepsi soft drinks, the international powerhouse that Nooyi oversees is actually one of the world's largest snackfood companies. It makes and sells dozens of other products, including Doritos-brand chips, the Tropicana juice line, and Quaker Oats cereals. Nooyi is one of the top female executives in the United States, and is also believed to be the highest-ranking woman of Indian heritage in corporate America.

Joined Rock BandNooyi was born in Madras, India, in 1955, and was a bit of a rule breaker in her conservative, middleclass world as she grew up. In an era in India where it was considered unseemly for young women to exert themselves, she joined an all-girls' cricket team. She even played guitar in an all-female rock band while studying at Madras Christian College. After earning her undergraduate degree in chemistry, physics, and math, she went on to enroll in the Indian Institute of Management in Calcutta. At the time, it was one of just two schools in the country that offered a master's in business administration degree, or M.B.A. Nooyi's first job after earning her degree was with Tootal, a British textile company. It had had been founded in Manchester, England, in 1799, but had extensive holdings in India. After that, Nooyi was hired as a brand manager at the Bombay offices of Johnson & Johnson, the personal-care products maker. She was given the Stayfree account, which might have proved a major challenge for even an experienced marketing executive. The line had just been introduced on the market in India, and struggled to create an identity with its target customers. "It was a fascinating experience because you couldn't advertise personal protection in India," she recalled in an interview with the Financial Times 's Sarah Murray. Nooyi began to feel that perhaps she was underprepared for the business world. Determined to study in the United States, she applied to and was accepted by Yale University's Graduate School of Management in New Haven, Connecticut. Much to her surprise, her parents agreed to let her move to America. The year was 1978. "It was unheard of for a good, conservative, south Indian Brahmin girl to do this," she explained to Murray in the Financial Times. "It would make her an absolutely unmarriageable commodity after that." "Behind my cool logic lies a very emotional person."

Could Not Afford SuitNooyi quickly settled into her new life, but struggled to make ends meet over the next two years. Though she received financial aid from Yale, she also had to work as an overnight receptionist to make ends meet. "My whole summer job was done in a sari because I had no money to buy clothes," she told Murray. Even when she went for an interview at the prestigious business-consulting firms that hired business-school students, she wore her sari, since she could not afford a business suit. Recalling that the Graduate School of Management required all first-year students to takeand passa course in effective communications, she said in the Financial Times interview that what she learned in it "was invaluable for someone who came from a culture where communication wasn't perhaps the most important aspect of business at least in my time."

Pepsi v. CokeThe rivalry between Pepsi, the flagship product of Indra Nooyi's company, and its Atlanta, Georgiabased competitor, Coca-Cola, is one of corporate America's longest-running marketing battles. In the United States alone, the soft-drink industry is a $60 billion one, with the average American consuming a staggering fifty-three gallons of carbonated soft drinks every year. The battle between Coke and Pepsi dates back almost as long as each company's history. Both emerged as key players in early decades of the twentieth century, when soft drinks first came on the market in the United States. In the 1920s, Coca-Cola began moving aggressively into overseas markets, and even opened bottling plants near to places where U.S. service personnel were stationed during World War II. Pepsi only moved into international territory in the 1950s, but scored a major coup in 1972 when it inked a deal with the Soviet Union. With this deal, Pepsi became the first Western product ever sold to Soviet consumers. The battle for market share heated up after 1975, when both companies stepped up their already lavishly financed marketing campaigns to win new customers. Pepsi's standard cola products had a slightly sweeter taste, which prompted one of the biggest corporate-strategy blunders in U.S. business history: in 1985, Coca-Cola launched "New Coke," which had a slightly sweeter formulation. Coke consumers were outraged. The old formula was still available under the name "Coca-Cola Classic," but the New Coke idea was quickly shelved. This incident is often studied by businessschool curriculums in the United States and elsewhere, along with many other aspects of what is known as "the cola wars." Coke is the leader in market share for carbonated colas, but soft drinks remain its core business. Pepsi, on the other hand, began acquiring other businesses in 1965 when it bought the Texas-based Frito-Lay company, and has a larger stake in the food industry. Nooyi did not earn a second M.B.A. from Yale. Instead, her degree was a master of public and private management, which she finished in 1980. After commencement, she went to work at the Boston Consulting Group, a prestigious consulting firm. For the next six years she worked on a variety of international corporate-strategy projects, and went over to Motorola in 1986 as a senior executive. She remained there for four years, leaving in 1990 to join Asea Brown Boveri Inc. as its head of strategy. ABB, as the company was known, was a $6 billion Swiss-Swedish conglomerate that made industrial equipment and constructed power plants around the world. Nooyi's skill in helping ABB find its direction in North America came to the attention of Jack Welch, the head of General Electric. He offered her a job in 1994, but so did PepsiCo chief executive officer Wayne Calloway. As she told a writer for Business Week, the two men knew one another, but

Calloway made an appealing pitch for Nooyi's talent. He told her, she recalled, that "'Welch is the best CEO I know.... But I have a need for someone like you, and I would make PepsiCo a special place for you.'" Nooyi chose the soft-drink maker, and became its chief strategist. Soon, she was urging PepsiCo to reshape its brand identity and assets, and became influential in a number of important decisions. She was also a lead negotiator on the high-level deals that followed. The company decided to spin off its restaurant division in 1997, for example, which made its KFC, Pizza Hut, and Taco Bell holdings into a separate company. She also looked at the successful plan by Pepsi rival Coca-Cola, which had sold of its bottling operations a decade earlier, and had been rewarded with impressive profit margins on its stock performance. Pepsi followed suit, and the 1999 initial public offering of the Pepsi bottling operations was valued at $2.3 billion. The company kept a large share of stock in it, however.

Pointed Pepsi in the Right DirectionAt PepsiCo, Nooyi has been the chief dealmaker for two of its most important acquisitions: she put together the $3.3 billion-dollar-deal for the purchase of the Tropicana orange-juice brand in 1998, and two years later was part of the team that secured Quaker Oats for $14 billion. That became one of the biggest food deals in corporate history, and added a huge range of cereals and snack-food products to the PepsiCo empire. She also helped acquire the edgy beverage maker SoBe for $337 million, and her deal beat the one submitted by Coca-Cola.

Indra Nooyi (left) and other Pepsi-Co and Quaker Oats executives pose with products from both companies. PepsiCo purchased Quaker Oaks in 2001. AP/Wide World Photo. Reproduced by permission. For her impressive dealmaking talents, Nooyi was promoted to the job of chief financial officer at PepsiCo in February of 2000. It made her the highest-ranking Indian-born woman among the ranks of corporate America. A year later, she was given the title of president as well, when her longtime

colleague, Steven S. Reinemund, advanced to the position of board chair and chief executive officer. Reinemund had said he would only take the job only if Nooyi came onboard as his second in command. "'I can't do it unless I have you with me,'" she recalled him telling her, according to Business Week. Upon taking over as president and chief financial officer in May of 2001, Nooyi worked to keep the company on track with her vision: "For any part of the day we will have a little snack for you," she told Business Week in 2001. The company sold a dazzling range of snack foods and beverages, from Mountain Dew to Rice-a-Roni, from Captain Crunch cereal to Gatorade-brand sports drinks. It also owned the makers of Doritos-brand snacks and Aquafina bottled water.

One of Corporate America's Top VisionariesNooyi's success in the business world landed her on Time magazine's list of "Contenders" for its Global Business Influentials rankings in 2003. Many watchers predict that she will someday head one of the company's divisions, such as Frito-Lay, or its core brand, PepsiCo Beverages North America. In early 2004, there were mentions in the press that Nooyi, who still wears the occasional sari to work, was being considered for the top job at the Gucci Group, but she denied rumors that she had been talking with the Italian luxury-goods giant. Nooyi serves on the board of trustees at the Yale Corporation, the governing board of Yale University. She lives in Greenwich, Connecticut, not far from PepsiCo's headquarters across the state line in Purchase, New York. At home, she maintains a puja, or traditional Hindu shrine, and once she flew to Pittsburgh after a tough session with Quaker Oats executives to pray at a shrine there to her family's deity. Her predictions that her American graduate education would hamper her marriage prospects proved untrue, for she married an Indian man, Raj, who works as a management consultant. They have two daughters who are nearly a decade apart in ages, and Nooyi occasionally brings her younger child to work. The former rock guitarist is still known to take the stage at company functions to sing. Her job, however, remains a top priority. She watches championshipgame replays of the Chicago Bulls to study teamwork concepts, for example, and admitted to Forbes journalist Melanie Wells that she strategizes 24-7 sometimes. "I wake up in the middle of the night," she told the magazine, "and write different versions of PepsiCo on a sheet of paper."

For More InformationPeriodicalsKretchmar, Laurie. "Indra K. Nooyi, 35." Fortune (May 6, 1991): p. 112.

Murray, Sarah. "From Poor Indian Student to Powerful US Business-woman." Financial Times (January 26, 2004): p. 3. "Nooyi Denies Gucci Talks." WWD (February 27, 2004): p. 2. Pandya, Meenal. "No Going Back: Indian Immigrant Women Shape a New Identity." World and I (May 2001): p. 204. "A Potent Ingredient in Pepsi's Formula." Business Week (April 10, 2000): p. 180. "The Power of Two at Pepsi." Business Week (January 29, 2001): p. 102. Thottam, Jyoti. "The 'Iron Woman' Is Ready to Rock." Time (December 1, 2003): p. 73. "A Touch of Indigestion." Business Week (March 4, 2002): p. 66. Wells, Melanie. "A General in Waiting?" Forbes (January 20, 2003): p. 74.

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User Contributions:medhaFeb 2, 2010 @ 2:02 am 1

As a career woman who has chosen to be a full time mom , i am in awe of you dear Indra Nooyi! I dont know how you could mange both the home and the career front! As for me i had found it very difficult and now continue to be a full time mom even after having left a job 8 years ago! Though cant say i regret it i love and cherish every moment of my life with my daughter. All the best to you i will want my daughter to have you as her role model! medha

Read more: Indra K Nooyi Biography - life, family, parents, name, history, school, young, old, information, born, college http://www.notablebiographies.com/news/Li-Ou/Nooyi-IndraK.html#b#ixzz1mbtJGgSU

Indra NooyiFrom Wikipedia, the free encyclopedia

Indra Nooyi.

Nooyi at the World Economic Forum annual meeting in Davos, Switzerland, January 2010

Born

28 October 1955 (age 56) Chennai, Tamil Nadu, India

Citizenship

United States[1]

Alma mater

Madras Christian College IIM Calcutta Yale School of Management

Occupation

Chairman & CEO of PepsiCo

Predecessor

Steven Reinemund

Religion

Hindu

Awards

Padma Bhushan 2007

Indra Krishnamurthy Nooyi (Tamil: ) (born 28 October 1955) is an IndianbornAmerican business executive. She is the current Chairman and Chief Executive Officer of PepsiCo, the second largest food & beverage business in the world (by net revenue).[2] According to Forbes, she is consistently ranked amongWorld's 100 Most Powerful Women.[3]Contents[hide]

1 Early life and career 2 PepsiCo executive 3 Compensation 4 Honours, Awards and International Recognition 5 Memberships and Associations 6 Popular culture and shows 7 Personal life 8 Notes 9 External links

[edit]Early

life and career

Indra Nooyi was born in Chennai, Tamil Nadu, India. She completed her schooling from Holy Angels AIHSS, Chennai. 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. 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.[4] Graduating in 1980, Nooyi joined theBoston Consulting Group (BCG), and then held strategy positions at Motorola and Asea Brown Boveri.[5]

[edit]PepsiCo

executive

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,[6] and merger with Quaker Oats Company, which also brought Gatorade to PepsiCo. In 2007 she became the fifth CEO in PepsiCo's 44-year history.[7] According to BusinessWeek, since she started as CFO in 2000,[8] the company's annual revenues have risen 72%, while net profit more than doubled, to $5.6 billion in 2006. [9] Nooyi was named on Wall Street Journal 's list of 50 women to watch in 2007 and 2008,[10][11] 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.[12] 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. [13][14] [edit]Compensation While CEO of PepsiCo in 2008, Indra Nooyi earned a total compensation of $14,917,701, which included a base salary of $1,300,000, a cash bonus of $2,600,000, stocks granted of $6,428,538, and options granted of $4,382,569. [15] [edit]Honours,

Awards and International Recognition

Forbes magazine ranked Nooyi fourth on the 2008 and 2009 list of The World's 100 Most Powerful Women.[16] Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010.[17][18][19][20] In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report.[21] In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences.[22] 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.[23][24] Indra Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. [25] In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency. [26][27] 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".[28][29]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.[30] Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011.[31]

Year

Name

Awarding organization

Ref.

2011 Honorary Doctor of Laws

Wake Forest University.

2011 Honorary Doctor of Laws

University of Warwick.

[32]

2011 Honorary Doctorate of Law

Miami University.

[33]

2010 Honorary Doctorate of Humane Letters Pennsylvania State University.

[34]

2009 Honorary Degree

Duke University.

[35]

2009 Barnard Medal of Honor

Barnard College.

[36]

2008 Honorary Degree

New York University.

2007 Padma Bhushan

President of India.

[37]

2004 Honorary Doctor of Laws

Babson College.

[38]

[edit]Memberships

and Associations

Indra Nooyi is a Successor Fellow of the Yale Corporation.[39] She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst[40] 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 theRule of Law for the development of communities of opportunity and equity. [edit]Popular

culture and shows

Indra 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.[41] [edit]Personal

life

Indra Nooyi is married to Rajkantilal Nooyi. They have two daughters and reside in Greenwich, Connecticut.[42]

[edit]Notes

1. 2.

^ The TIME 100 ^ "PepsiCo, Inc. (NYSE:PEP) : Second Quarter 2010 Earnings Preview".IStock Analyst. 15 July 2010. Retrieved 11 December 2010.

3. 4. 5. 6. 7.

^ Sellers, Patricia (2012-10-02). "Forbes Magazine's List of The World's 100 Most Powerful Women". Forbes. ^ Sellers, Patricia (2006-10-02). "It's good to be the boss". CNN. ^ "Alumni Leaders - Indra Nooyi '80". Yale School of Management. Retrieved 2009-07-09. ^ Levine, Greg (2006-08-14). "'Power Women' Member Nooyi To Lead 'Platinum' Pepsi". Forbes. Retrieved 2007-09-10. ^ "Indra Nooyi, Chairman and CEO of PepsiCo, Named CEO of the Year by GSCLG". Marketwire. 2009-09-09. Retrieved 2009-07-09.

8. 9.

^ "Forbes Profile: Indra Nooyi". Retrieved 2007-12-09. ^ Brady, Diane (2007-06-11). "Indra Nooyi: Keeping Cool In Hot Water".BusinessWeek. Retrieved 2009-07-10.

10. ^ McKay, Betsy (2008-22-19). "The 50 Women to Watch 2007". Wall Street Journal. Retrieved 2009-07-10. 11. ^ Crittenden, Michael R. (2008-11-10). "The 50 Women to Watch 2008". Wall Street Journal. Retrieved 2009-07-10. 12. ^ The 100 Most Powerful Women, Forbes.com 13. ^ The 50 Most Powerful Women in Business, Fortune.com 14. ^ The World's 100 Most Powerful Women , peoplestar.co.uk, Retrieved on 2010-10-11. 15. ^ 2008 CEO Compensation for Indra K. Nooyi, Equilar.com 16. ^ "The 100 Most Powerful Women: #3". Forbes. 2008-08-27. Retrieved 2008-08-27. 17. ^ "50 Most Powerful Women 2006: #1". CNN. Retrieved 2009-09-22. 18. ^ Benner, Katie; Levenson, Eugenia; Arora, Rupali. "50 Most Powerful Women 2007: #1". CNN. Retrieved 2009-09-22. 19. ^ Shambora, Jessica; Kowitt, Beth (2008-10-16). "50 Most Powerful Women 2008: #1". CNN. Retrieved 2009-09-22. 20. ^ Shambora, Jessica; Kowitt, Beth (2009-09-15). "50 Most Powerful Women 2009: #1". CNN. Retrieved 2009-09-22. 21. ^ "America's Best Leaders: Indra Nooyi, PepsiCo CEO". Retrieved 2008-11-20. 22. ^ "Academy Announces 2008 Class of Fellows". American Academy of Arts & Sciences. 2008-04-28. Retrieved 2009-0709. 23. ^ "PepsiCos 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. 24. ^ "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. 25. ^ India-born Indra Nooyi named CEO of the year 26. ^ The Market's Best Managers - Forbes.com, Forbes.com 27. ^ Brendan Wood International Announces 24 TopGun CEOs in the US, Reuters.com

28. ^ Forbes. http://www.forbes.com/wealth/power-women. 29. ^ Shambora, Jessica; Kowitt, Beth (2010-09-30). "50 Most Powerful Women". CNN. 30. ^ "Indra Nooyi second most powerful woman in US business". Indiavision news. Oct. 1, 2011. 31. ^ The All-America Executive Team Best CEOs, InstitutionalInvestor.com 32. ^ "University of Warwick 2011: Citations for Medalists". 33. ^ "Miami University 2011: Citations for Medalists". 34. ^ "Pennsylvania State 2010: Citations for Medalists". 35. ^ "Duke University Commencement 2009: Citations for Medalists". 36. ^ "Barnard College Commencement 2009: Citations for Medalists". 37. ^ [|Tikku, Aloke] (2007-02-23). "Khushwant, Karnik, Nooyi, Remo, Mittal on Padma list". Hindustan Times. Retrieved 2009-07-09. 38. ^ "Babson College Commencement 2004: Citations for Medalists". 39. ^ "PepsiCo president Indra Nooyi elected to Yale Corporation". Yale Bulletin & Calendar. 30 August 2002. Retrieved 6 July 2009. 40. ^ "Board of Directors". Catalyst. Retrieved 2009-07-09. 41. ^ [1] 42. ^ Credeur, Mary Jane (15 August 2006). "Pepsi's Indra Nooyi Led Non-Soda Growth; Women CEO Exemplar". Bloomberg, L.P.. Retrieved 17 August 2011.

[edit]External

links

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