28 October 1955
|Alma mater|| Madras Christian College (BS)|
Indian Institute of Management, Calcutta (MBA)
Yale University (MS)
|Occupation||Board Member, Amazon|
|Salary||$29.8 million (2016)|
Raj K. Nooyi(m. 1981)
|Relatives||Chandrika Tandon (sister)|
Indra Nooyi (née Krishnamurthy; born 28 October 1955) is an Indian Americanbusiness executive, serving on the board of directors of Amazon, the largest eCommerce business in the world by net revenue.
Amazon.com, Inc., is an American multinational technology company based in Seattle, Washington that focuses on e-commerce, cloud computing, digital streaming and artificial intelligence. It is considered one of the Big Four technology companies along with Google, Apple and Facebook.
She has consistently ranked among the world's 100 most powerful women.In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women, and was ranked the 2nd most powerful woman on the Fortune list in 2015.
Since 2004, Forbes has compiled a list of the 100 most powerful women in the world. It is edited by notable Forbes journalists, including Moira Forbes, and is based on visibility and economic impact. German Chancellor Angela Merkel has remained at the top spot since 2006, with the brief exception of 2010 where she was temporarily supplanted by then U.S. First Lady Michelle Obama.
In February 2018, the International Cricket Council announced that Nooyi would join the ICC Board as its first independent female director in June.
The International Cricket Council (ICC) is the global governing body of cricket. It was founded as the Imperial Cricket Conference in 1909 by representatives from Australia, England and South Africa. It was renamed as the International Cricket Conference in 1965, and took up its current name in 1989.
Nooyi was born to a Tamil-speaking familyin Madras (now known as Chennai), Tamil Nadu, India. Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T.Nagar.
Tamil is a Dravidian language predominantly spoken by the Tamil people of India and Sri Lanka, and by the Tamil diaspora, Sri Lankan Moors, Douglas, and Chindians. Tamil is an official language of three countries: India, Sri Lanka and Singapore. It is also the official language of the Indian state of Tamil Nadu and the Union Territory of Puducherry. It is used as one of the languages of education in Malaysia, along with English, Malay and Mandarin. Tamil is spoken by significant minorities in the four other South Indian states of Kerala, Karnataka, Andhra Pradesh and Telangana and the Union Territory of the Andaman and Nicobar Islands. It is one of the 22 scheduled languages of India.
Chennai is the capital of the Indian state of Tamil Nadu. Located on the Coromandel Coast off the Bay of Bengal, it is the biggest cultural, economic and educational centre of south India. According to the 2011 Indian census, it is the sixth-most populous city and fourth-most populous urban agglomeration in India. The city together with the adjoining regions constitute the Chennai Metropolitan Area, which is the 36th-largest urban area by population in the world. Chennai is among the most-visited Indian cities by foreign tourists. It was ranked the 43rd-most visited city in the world for the year 2015. The Quality of Living Survey rated Chennai as the safest city in India. Chennai attracts 45 percent of health tourists visiting India, and 30 to 40 percent of domestic health tourists. As such, it is termed "India's health capital". As a growing metropolitan city in a developing country, Chennai confronts substantial pollution and other logistical and socio-economic problems.
Tamil Nadu, formerly Madras State, is one of the 29 states of India. Its capital and largest city is Chennai. Tamil Nadu lies in the southernmost part of the Indian subcontinent and is bordered by the union territory of Puducherry and the South Indian states of Kerala, Karnataka, and Andhra Pradesh. It is bounded by the Eastern Ghats on the north, by the Nilgiri Mountains, the Meghamalai Hills, and Kerala on the west, by the Bay of Bengal in the east, by the Gulf of Mannar and the Palk Strait on the southeast, and by the Indian Ocean on the south. The state shares a maritime border with the nation of Sri Lanka.
Nooyi received a bachelor's degrees in Physics, Chemistry and Mathematics from Madras Christian College of the University of Madras in 1974 and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976.In 1978, Nooyi was admitted to Yale School of Management where she earned a master's degree in Public and Private Management in 1980.
The Madras Christian College (MCC) is an arts and sciences college based in Madras (Chennai), Tamil Nadu, India. Consistently ranked among the top ten colleges in India, it is considered to be one of the most prestigious colleges in India. Founded in 1837, MCC is one of Asia's oldest extant colleges. The college is affiliated to the University of Madras but functions as an autonomous institution from its main campus in Tambaram, Chennai.
University of Madras is a public state university in Chennai, Tamil Nadu, India. Established in 1857, it is one of the third oldest universities in India immediately after University of Calcutta and University of Mumbai .The university was incorporated by an act of the Legislative Council of India.
Indian Institute of Management Calcutta is a public business school located in Joka, Kolkata, West Bengal, India. It was the first Indian Institute of Management to be established. IIM Calcutta is the first and only triple accredited management school from India (and one amongst 86 such business schools globally. It offers a two-year full-time Post Graduate Diploma in Management, Fellow Program in Management, and Executive Post Graduate Diploma in Management. It is one of the top B-schools in India and is counted among the topmost "ABC" IIMs — the other two being IIM Ahmedabad and IIM Bangalore.
Beginning her career into India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton.In 1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant, and then worked at Motorola as Vice President and Director of Corporate Strategy and Planning, followed by a stint at Asea Brown Boveri.
Johnson & Johnson is an American multinational medical devices, pharmaceutical and consumer packaged goods manufacturing company founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is ranked No. 37 on the 2018 Fortune 500 list of the largest United States corporations by total revenue. J&J is one of the world's most valuable companies.
The Yale School of Management is the graduate business school of Yale University in New Haven, Connecticut. The School awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master's Degree in Systemic Risk, Master's Degree in Global Business & Society, Master's Degree in Asset Management, and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University. As of August 2015, 668 students were enrolled in its MBA program, 114 in the EMBA program, 63 in the MAM program, and 51 in the PhD program; 122 students were pursuing joint degrees. In the 2017–18 school year, the school launched a one-year Master of Management Studies degree in Systemic Risk. The School has 86 full-time faculty members, and the dean is Edward A. Snyder.
Booz Allen Hamilton Holding Corporation is the parent of Booz Allen Hamilton Inc., an American management and information technology consulting firm, headquartered in McLean, Virginia, in Greater Washington, D.C., with 80 other offices around the globe. The company's stated core business is to provide consulting, analysis and engineering services to public and private sector organizations and nonprofits.
Nooyi joined PepsiCo in 1994 and was named CEO in 2006 [ citation needed ] Acquiring Tropicana allowed PepsiCo to gain a competitive edge; Tropicana at the time captured 44% of the chilled orange juice segment, the fastest growing segment of the juice market, an especially positive metric when compared to Coca-Cola's Minute Maid which captured less than half of Tropicana's market share.[ citation needed ] The Quaker Oats Company's ownership of Gatorade was a positive strategic move for PepsiCo, since Gatorade was responsible for 80% of sports drink sales at the time.[ citation needed ] Similar to the Tropicana acquisition, this strategic move gave PepsiCo leverage against Coca-Cola, owner of Powerade – second in the sports drink segment.[ citation needed ] PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion.. She was named President and CEO in 2006 replacing Steven Reinemund, becoming the fifth CEO in PepsiCo's 44-year history. . Nooyi has directed the company's global strategy for more than a decade and led PepsiCo's restructuring, including the 1997 divestiture of Tricon, now known as Yum! Brands. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella . The financial gains from this spinoff allowed the company to increase the pace of its share buyback strategy, thereby giving it more leverage to pursue future acquisitions without as much shareholder backlash . Nooyi also took the lead in the acquisition of Tropicana in 1998, and the merger with Quaker Oats Company, which also brought Gatorade in 2001, The $3.3 billion acquisition of Tropicana initially faced opposition from other PepsiCo executives and Wall Street critics.
Nooyi was named on Wall Street Journal 's list of 50 women to watch in 2007 and 2008, 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. In 2014, she was ranked #13 by Forbes. Fortune ranked her the #1 most powerful woman in business in 2009 and 2010. On 7 October 2010 Fortune magazine ranked her the 6th most powerful woman in the world. In Fortune's Most Powerful Women List of 15 September 2015, Nooyi ranked 2nd.
Nooyi's strategic redirection of PepsiCo has been largely successful.She reclassified PepsiCo's products into three categories: "fun for you" (such as potato chips and regular soda), "better for you" (diet or low-fat versions of snacks and sodas), and "good for you" (items such as oatmeal). Her initiative was backed up with ample funding. She moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the "fun" offerings. In 2015, Nooyi removed aspartame from Diet Pepsi, furthering the shift towards healthier foods, despite lack of evidence of aspartame's harmful effects.
Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling that it is a hitherto unexplored category. In a radio interview, Nooyi stated that PepsiCo is getting ready to launch products designed and packaged according to women's preferences, and based on behavioral differences in the way men and women consume snacks.
On 6 August 2018, PepsiCo Inc confirmed that Nooyi would step down as the CEO and Ramon Laguarta, a 22-year veteran of PepsiCo, would replace her on 3 October. Ramon Laguarta replaced her on that day, as well as becoming a member of the board of directors. However, Nooyi will continue to serve as the chairwoman of the company until early 2019.During her tenure, the company's sales grew 80%. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study.
In 2019 Nooyi became the co-director of the newly created Connecticut Economic Resource Center, a public-private partnership with the Connecticut Department of Economic and Community Development.She will help draft the states new economic development strategy. Nooyi is a resident of Connecticut and a college classmate of Connecticut Governor Ned Lamont.
While CEO of PepsiCo in 2011, Nooyi earned $17 million, which included a base salary of $1.9 million, a cash bonus of $2.5 million, pension value and deferred remuneration of $3 million.By 2014, her total remuneration had grown to $19,087,832, including $5.5 million of equity.
In 2018, Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine. Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100 Most Powerful Women. Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010. In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report. In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences.
In January 2008, Nooyi was elected chairwoman of the U.S.-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.
Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group.
In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.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.
In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. On 14 December 2013 she was awarded by the President of India Pranab Mukherjee at the Rashtrapati Bhavan.
Nooyi was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey in 2008 to 2011.
The Yale School of Management will name its deanship in honour of Nooyi as she gifted an undisclosed amount, becoming the school's biggest alumni donor and the first woman to endow a deanship at a top business school.
|2019||Honorary Doctorate of Humane Letters||Yale University|
|2018||Honorary Degree||Cranfield University|
|2015||Honorary Doctorate of Humane Letters||State University of New York at Purchase|
|2013||Honorary Degree||North Carolina State University|
|2011||Honorary Doctor of Laws||Wake Forest University||[ citation needed ]|
|2011||Honorary Doctor of Laws||University of Warwick|
|2011||Honorary Doctorate of Law||Miami University|
|2010||Honorary Doctorate of Humane Letters||Pennsylvania State University|
|2009||Honorary Degree||Duke University|
|2009||Barnard Medal of Honor||Barnard College|
|2008||Honorary Degree||New York University|
|2007||Padma Bhushan||President of India|
|2004||Honorary Doctor of Laws||Babson College|
Nooyi is a Successor Fellow of the Yale Corporation.She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst 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.
In December 2016, Nooyi joined a business forum assembled by Donald Trump to provide strategic and policy advice on economic issues.
Indra married Raj K. Nooyi, president at AmSoft Systems, in 1981.Nooyi has two daughters and resides in Greenwich, Connecticut. One of her daughters is currently attending the School of Management at Yale, Nooyi's alma mater. Forbes ranked her at the 3rd spot among 'World's Powerful Moms' list.
Her older sister is businesswoman and Grammy-nominated artist Chandrika Krishnamurthy Tandon.
In India, she used to play cricket and was also in an all-girl rock band, where she played guitar.
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo has interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi to a broader range of food and beverage brands, the largest of which included an acquisition of Tropicana Products in 1998 and the Quaker Oats Company in 2001, which added the Gatorade brand to its portfolio.
Sheryl Kara Sandberg is an American technology executive, activist, author, and billionaire. She is the chief operating officer (COO) of Facebook and founder of Leanin.org. In June 2012, she was elected to Facebook's board of directors by the existing board members, becoming the first woman to serve on its board. Before she joined Facebook as its COO, Sandberg was vice president of global online sales and operations at Google, and was involved in launching Google's philanthropic arm Google.org. Before Google, Sandberg served as chief of staff for United States Secretary of the Treasury Lawrence Summers.
Ursula M. Burns, is an American businesswoman. She is the chairman and CEO of VEON, a senior advisor to Teneo, and a non-executive director of Diageo since April 2018. She is also a member of the board of directors of Uber. In 2009, Burns became CEO of Xerox, the first among black women to be a CEO of a Fortune 500 company, and the first woman to succeed another as head of a Fortune 500 company. Burns served as CEO of Xerox from 2009 to 2016 and Xerox chairwoman from 2010 to 2017. In 2014, Forbes rated her the 22nd most powerful woman in the world. Among other civic positions, she was a leader of the STEM program of the White House from 2009 to 2016, and head of the President's Export Council from 2015 until 2016.
Christopher A. Sinclair is an American businessman. He is the chairman of Reckitt Benckiser plc, the consumer health and household products company. He is the former chairman and CEO of Mattel, Inc., the American toy company. Previously, he was chairman and CEO of Pepsi-Cola, the beverage company.
Safra A. Catz is an Israeli-born American business executive and co-CEO of Oracle Corporation. She has been an executive at Oracle Corporation since April 1999, and a board member since 2001. In April 2011, she was named co-President and Chief Financial Officer (CFO), reporting to founder Larry Ellison. On September 18, 2014, Oracle announced that Larry Ellison would step down as CEO and that Mark Hurd and Catz had been named as the new Chief Executives.
Padmasree Warrior is the former Chief Executive Officer of NIO U.S as well as a member of its board of directors. In these capacities, she was responsible for the brains of NIO's autonomous electric vehicles and the overall user experience. Prior to this she held senior executive positions in Motorola and Cisco.
Brenda Czajka Barnes was an American businesswoman who served as president, chairman and chief executive of Sara Lee, and was the first female CEO at PepsiCo.
Irene Blecker Rosenfeld was the chairman and chief executive officer (CEO) of Mondelēz International. Rosenfeld's career began at Dancer Fitzgerald Sample a New York City advertising agency; she later joined General Foods consumer research, and then led Frito-Lay as CEO and chairwoman.
Carol M. Meyrowitz is the Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading off-price retailer in the United States. As of 2015, she is listed as the 76th most powerful woman in the world by Forbes. As of 2014, she was also ranked as the 12th most powerful woman in the world by Fortune.
Ellen J. Kullman is a United States business executive. She was formerly Chair and Chief Executive Officer of E. I. du Pont de Nemours and Company ("DuPont") in Wilmington and is a former director of General Motors. Forbes ranked her 31st of the 100 Most Powerful Women in 2014. On October 5, 2015, DuPont announced that Kullman would retire on October 16, 2015.
Chanda Kochhar is the former MD and chief executive officer of ICICI Bank. She is widely recognised for her role in shaping retail banking in India. However, on 4th October 2018 she stepped down from her position following allegations of corruption. Amidst investigations related to Videocon bad loans, she was forced by the board of ICICI Bank to take indefinite leave. The Central Bureau of Investigation named Chanda Kochhar and her husband as beneficiaries in the financial fraud. The Justice B N Shrikrishna probe panel reported that Kochhar had violated ICICI Bank's Code of Conduct, following which her service was terminated with all her entitlements and benefits revoked. After her exit, Sandeep Bakhshi, who was the interim Managing Director and CEO became the full time MD and CEO.
Virginia Marie "Ginni" Rometty is an American business executive. She is the current chair, president, and CEO of IBM, and the first woman to head the company. Prior to becoming president and CEO in January 2012, she first joined IBM as a systems engineer in 1981 and subsequently headed global sales, marketing, and strategy. While general manager of IBM's global services division, in 2002 she helped negotiate IBM's purchase of PricewaterhouseCoopers IT consulting business, becoming known for her work integrating the two companies. Since becoming CEO, she has focused IBM on analytics, cloud computing, and cognitive computing systems.
Rosalind G. Brewer is an American businesswoman who is the COO of Starbucks and the former President and CEO of Sam's Club, a division of Wal-Mart Stores Inc. USA Today referred to her as "one of corporate America's most prominent women and black female executives." She became the first woman and the first African-American to fill the role of CEO at one of Wal-Mart Stores' divisions. In 2018 she was listed as the 34th in Forbes' ranking of the most powerful women.
Mary Teresa Barra is the Chairwoman and CEO of General Motors Company. She has held the CEO position since January 15, 2014, and she is the first female CEO of a major global automaker. On December 10, 2013, GM named her to succeed Dan Akerson as Chief Executive Officer, and prior to that, Barra served as the Executive Vice President of Global Product Development, Purchasing, and Supply Chain at General Motors.
Marillyn Adams Hewson is the chairman, president and chief executive officer of Lockheed Martin. She has consistently been named among the most powerful women in the world by business media.
Mallika Srinivasan is the Chairperson and Chief Executive Officer of Tractors and Farm Equipment Limited, a tractor major incorporated in 1960 at Chennai, India. She is on the Board of AGCO Corporation - United States, Tata Steel Limited and Tata Global Beverages Limited. She is a member of the Executive Board of the Indian School of Business, Hyderabad, the Governing Board of the Rural Technology And Business Incubator of the Indian Institute of Technology, Chennai and the Bharathidasan Institute of Management, Trichy.
Debra Ann Crew is a board member of Mondelez International and former president and chief executive officer of R. J. Reynolds Tobacco Company. She previously held senior management positions at PepsiCo, Mars, Incorporated, and Dreyer's. She was named to the Fortune list of the 50 Most Powerful Women in Business in 2014 and 2015.
Ramon Laguarta is the chief executive officer of PepsiCo. He became CEO on October 3, 2018 after his predecessor Indra Nooyi stepped down. He is the sixth holder of the position.
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| Chairwoman and CEO of PepsiCo |
2006 – Present