Indra Nooyi
| Indra Nooyi | |
 World Economic Forum Meet, Davos 2008 | |
| Born | October 28, 1955 Chennai, Tamil Nadu, India |
|---|---|
| Education | Madras Christian College IIM Calcutta Yale School of Management |
| Employer | PepsiCo |
| Salary | 2006: Salary - $964,413 Bonus - $3,000,000 Other - $153,506 Stock Awards - $1,033,505 Option Awards - $1,078,942 Total - $6,230,366[1] |
| Title | CEO |
| Term | 2006-Present |
| Predecessor | Steven Reinemund |
| Board member of | Lincoln Center for the Performing Arts International Rescue Committee |
| Religious beliefs | Hindu |
| Website PepsiCo | |
Indra Krishnamurthy Nooyi (Tamil: இந்திரா கிருஷ்ணமூர்த்தி நூயி) (born October 28, 1955 in Chennai, Tamil Nadu, India) is the Chairman and Chief Executive Officer (CEO) of PepsiCo, one of the world's leading food and beverage companies.[2] On August 14, 2006, Nooyi was named the successor to Steven Reinemund as chief executive officer of the company effective October 1, 2006.[3][4] On February 5, 2007, she was named Chairman, effective May 2, 2007.[5] Forbes magazine ranked Nooyi third on the 2008 list of The World's 100 Most Powerful Women.[6] Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007 and 2008.[7][8][9] In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report.[10]
Early life and career
Indra Nooyi was born into a Tamil family. She completed her schooling from Banasthali High School, Kathmandu. She received a Bachelor's degree in Chemistry from Madras Christian College in 1974, and earned an MBA at the Indian Institute of Management in Calcutta. Begining 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. Graduating in 1980, Nooyi started at The Boston Consulting Group (BCG), and then held strategy positions at Motorola and Asea Brown Boveri.[11]
In addition to being a member of the PepsiCo board of directors, Nooyi serves as a member of the boards of the International Rescue Committee, Catalyst[12] and the Lincoln Center for the Performing Arts. She is a Successor Fellow of the Yale Corporation[13] and member of the Board of Trustees of Eisenhower Fellowships, and currently serves as Chairman of the U.S.-India Business Council.[11]
In 2007, she was chosen as a recipient of the Padma Bhushan award by the Government of India.[14] In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences.[15]
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 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,[16] 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.[17]
Business officials rave at her ability to drive deep and hard while maintaining a sense of heart and fun. According to BusinessWeek, since she started as CFO in 2000[2], the company's annual revenues have risen 72%, while net profit more than doubled, to $5.6 billion in 2006.[18]
Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008,[19][20] 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.
Compensation
Indra Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group. [21]
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.[22]
Politics
In January 2008, Nooyi was elected Chairman of the US-India Business Council (USIBC), a non-profit business advocacy organization representing more than 300 of the world's largest companies doing business in India. Nooyi leads USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section of American industry.[23][24]
| Preceded by Steven Reinemund | Chairman and CEO of PepsiCo 2006 – Present | Succeeded by Incumbent |
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