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Indra Nooyi

Indra Nooyi

Net Worth

$80,000,000

Born in (City)

Chennai

Born in (Country)

India

Date of Birth

28th December, 1955

Date of Death

-

Mother

Shantha Krishnamurthy

Father

Krishnamurthy

Children

  • Tara Nooyi
  • Preetha Nooyi

About

Indra Nooyi (née Indra Krishnamurthy) is an Indian-American business executive and former chairman and chief executive officer (CEO) of PepsiCo. She has consistently ranked among the world’s 100 most powerful women list. 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. In 2017, she was ranked the 2nd most powerful woman once more on the Forbes list of The 19 Most Powerful Women in Business. She serves on the boards of Amazon and the International Cricket Council.

Early Life

Nooyi was born in Madras (now known as Chennai), Tamil Nadu, India to parents Krishnamurthy and Shantha. Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School in T. Nagar. Nooyi received 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 the Indian Institute of Management Calcutta in 1976. In 1978, Nooyi was admitted to Yale School of Management and moved to the USA where she earned a master’s degree in Public and Private Management in 1980. Indra married Raj K. Nooyi who was the president at AmSoft Systems in 1981. Nooyi has two daughters and resides in Greenwich, Connecticut. Forbes ranked her at the 3rd spot among World's Powerful Moms list. Nooyi's older sister is a businesswoman and Grammy-nominated artist Chandrika Krishnamurthy Tandon. South Indian Carnatic musician Aruna Sairam is Indra’s aunt. In India, she used to play cricket and was in an all-girl rock band, where she played guitar.

Road to Success

Beginning her career in India, Nooyi held a couple of product manager positions at Johnson & Johnson and at a textile firm Mettur Beardsell. While attending the 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. 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 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 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. From April 2015 until April 2020, she was a director of Schlumberger Limited. In June 2016, she was part of the inaugural team on the Temasek Americas Advisory Panel. In June 2018, Nooyi joined the International Cricket Council Board as the organization's first independent female director. Since February 2019, Nooyi has been a member of the board of directors at Amazon. In February 2020, Nooyi was honored with the Outstanding Woman in Business award by the League of Women Voters of Connecticut.

Challenges

Nooyi was targeted by a not-for-profit organization Color of Change who is known for going after multinational corporations like Uber and Disney. As a woman of color, the organization condemned Nooyi for being on Donald Trump's advisory business council after Trump did not condemn white supremacist violence that took place in Virginia. The organization accused Nooyi of being "an enabler" of Trump's non-condemnation of white supremacist violence.

Achievements

Indra Nooyi was awarded the prestigious Padma Bhusan by the Indian Government in 2007.|In 2006, Indra Nooyi was the recipient of the CNN-IBN Indian of the Year Global Indian Award.

Quotes

  • I grew up with a mother who said, ‘I’ll arrange a marriage for you at 18,’ but she also said that we could achieve anything we put our minds to and encourage us to dream of becoming prime minister or president.
  • The biological clock and the career clock are in total conflict with each other.
  • I wouldn’t ask anyone to do anything I wouldn’t do myself.