#85 Indra Nooyi on the 2022 America's Self-Made Women - PepsiCo's former chair and CEO Indra Nooyi retired in 2019 after 24 years with the company, half The two remain married and have two daughters. The Global Supply Chain Leaders Group named Nooyi the best CEO of 2009, and she has also been inducted in the National Women's Hall of Fame, as well as receiving no less than ten honorary degrees from the likes of Yale University, Boston College, and Duke University. Gallatin Medal New York University's highest honor for outstanding contributions to society. He told me he never wanted me to have to put my hand out and ask for money from anyone other than my parents. Motorola, where she worked first as an internal consultant in the automotive team before pivoting to broader corporate planning. One boss taught Nooyi a skill she calls . Women rights attorney Lisa Bloom quits as Harvey Weinsteins adviser. Amma served Thatha his midday meal on a large silver platter with little bowls for the various vegetables and accompaniments. + qs; All products featured on Vogue are independently selected by our editors. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Indra Nooyi tells the story of that journey in her memoir, My Life in Full (published by Hachette India) in 313 pages that are packed with her experiences of settling in America, negotiating the . Indras parents have played a major role in shaping her career. When I became PepsiCos CEO, in 2006, I laid out an extremely ambitious plan to address the underlying tensions in a company still rooted in selling soda and chips. "So you leave that crown in the garage.', 'My childhood was not a world of "Great job!" 27 quotes from Indra Nooyi: 'Listen to me," my mother replied. He is better known as the husband of Mrs. Indra Nooyi, the Chairman & Chief Executive Officer of Pepsi Co. Raj & Indra Nooyi Daughters and Family Details : Great Indra Nooyi and Raj K Nooyi. She suggested a book about international trade by Fred Hochberg, a former chairman of the Export-Import Bank. In 2018, Nooyi announced that she was stepping down from the CEO position. There, she specialized in science, receiving multiple bachelor's degrees in the fields of mathematics, chemistry, and physics in 1974. The grains were poured into glass or aluminum canisters in the kitchen, the paper folded, the twine made into a ball, and both left on the shelf to be used again. Under her leadership, the company increased its profitability while also working to improve environmental sustainability and the healthiness of its food offerings. She earned a spot at the prestigious Indian Institute of Management Calcutta, where she received her MBA in 1976. Companies lose out because productivity, innovation, and profit suffer when so many employees feel they cant bring their whole selves to work. These cookies ensure basic functionalities and security features of the website, anonymously. I had loads of energy and loved to play sports, climb trees and run around the house and garden, all in a society where girls were judged on their skin tone, beauty, calmness and homeliness. I overheard chitchat among relatives wondering how they would ever find someone to marry this tomboy. That still stings. He Earned an Engineering Degree from The University of Texas. Indra Nooyis family has a huge hand in her success, Lori Stokes leaves Channel 7: Whats next after Eyewitness News? She married fellow consultant Raj K Nooyi in 1981. When I was about 6, my sister, Chandrika, and I were assigned daily chores. Her older daughter, Tara, is a graduate of the University of Pennsylvania and the Yale School of Management. Madras is now Chennai. I think of Amma as busy all the time. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" Over time, that board was a comforting kaleidoscope of doodles and messages, a constant reminder of the people closest to me and those to whom I really belong. It is unclear if Nooyi will accept the nomination to succeed Jim Yong Kim. . First, I soon found that the research on work and family has been done. Indra Nooyis husband is Raj J. Nooyi. reinc: The story of a company founded by four US Womens National Team soccer players seeking to challenge norms and inspire lasting progress. [18] She established Tandon Capital Associates in 1992 [19] and has advised clients including Chase Manhattan Corporation, Comerica, Unibanco (Brazil), Suncorp-Metway Ltd. (Australia), Fleet Financial Group, Bank of America, Rabobank and ABN Amro. She worked at PepsiCo for 24 years, 12 of them as CEO, before stepping down in 2018. . I am also the woman who arrived in the US at age twenty-three to study and work and, somehow, rose to lead an iconic company, a journey that I believe is possible only in America. Polytechnic Medal recognizing her efforts for science and engineering. At the 2019 Women in the World Summit, Indra Nooyi, former chairman and CEO of PepsiCo, says that she demanded her children be allowed to spend time with her. When somebody gives me a complex problem, I become a student, Nooyi said during an interview with LinkedIn. She attended Madras Christian College at the University of Madras. Instead, I thought, I would devote every ounce of my experience and intellect to a manual for fixing how we mix work and family. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Wed sprinkle water on the floor around us hoping its evaporation would cool the place. Nooyi, one of the most powerful business leaders in the world, wrote a Valentines Day note for her husband Raj K Nooyi, appreciating him for having her back at all times. Large orders would be delivered to the house in more newspaper cones. Nooyi devised a successful workaround, directly marketing the products to female college students. I was lucky that my father, who I called Appa, was completely on board. Copyright e-Eighteen.com Ltd All rights resderved. The Indian businesswoman, who was CEO of PepsiCo for 12 years, has consistently ranked at the top of the world's most-powerful lists over the. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you. The house was eerily quiet when she wasnt home. In the months before I left PepsiCo, in 2018, I thought about how I would contribute in the years ahead, knowing that I am one in a chain of woman leaders who can help move us forward for generations to come. Getty. In 1994, at age 38, Nooyi began working at Pepsi, the company for which she would become famous for leading. Thats where my mother kept the household running, with the help of Shakuntala, a young woman who did the dishes at the outdoor sink and swabbed the floors. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Her strategic guidance was largely a success, with Pepsi offering more low-calorie options and cutting the corporate carbon footprint through leaner packaging and the use of renewable energy. Thomas Regional are part of Thomasnet.com. And, as a result, individuals who can help others make sense of that informationand turn it into actionable insightswill be rewarded. During an annual conference of the Indian Institute of Management, Calcutta, she also revealed that she still calls her mother 2-3 times a day. Thomas uses cookies to ensure that we give you the best experience on our website. Nooyi recalls when her parents surprisingly agreed to let her move to New Haven, Connecticut, in 1978. Yvonne B. Miller, her accomplishments, and leadership attributes, so they can apply persuasive techniques to amplify her accomplishments, leadership attributes, as well as those in leadership roles in their community, Well never share your email with anyone else, Indra Nooyi, a business leader and strategic thinker, is widely considered to be one of the top CEOs in the world. Nooyi spoke candidly during her years as CEO of the unrealistic expectations placed on women executives who are also caregivers. Investors were placing a higher value on their competitors stock price. This mission will require leadership that we dont often see. A good student investigates, analyzes, questions, and attempts to explain the issue to others who dont know the subject as well as the student does. Indra Nooyi's success began in her academic studies, and her impressive qualifications helped her obtain a job as a product manager in India with Johnson & Johnson. Connect and transact with thousands of top North American companies today. + qs; Children came and wenthanging out, reading or working on homework. At around 8 pm, we ate dinner together, although Amma would serve us first and eat later. Date accessed. After gaining much prominence as a strategist, she received several job offers from some of the leading firms, including General Electric and PepsiCo. As far as I could tell, she never missed a beat. Together, they have two daughters named Preetha Nooyi and Tara Nooyi. The twin demands that define me have always been my family and my work. Chennai-born Indra Nooyi not only broke the glass ceiling in corporate America when she was named CEO of global beverage giant PepsiCo in 2006 but, through her journey, inspired millions of young Indians who dreamed of and aspired to emulate the success the India-born woman achieved in America. She was ranked as one of the Best CEOs in the World by CEOWORLD magazine, as well as consistently classing highly on Forbes' lists of Most Powerful Women. PepsiCos CEO Was Right. I also felt that PepsiCo was a place that was open to changing with the times. Nooyi graduated, got married to her husband, Raj, and had two daughters, Preetha and Tara, all while working more than full time, eventually. Menaka Doshi, Polyester To PepsiCoIndra Nooyi's Life In Full, Bloomberg Quint, September 27, 2001, https://www.bloombergquint.com/business/polyester-to-pepsicoindra-nooyis-life-in-full. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", In one interview, Nooyi was asked for book recommendations. But she always cooked us fresh meals that were packed into neat tiffin carriers and sent warm to school. Then there would be more schoolwork, chores and lights out. This website uses cookies to improve your experience while you navigate through the website. We had to keep stocking stores and pantries with convenient, delicious snacks and beverages but account for the environmental impact of that growth. She became convinced, however, that she needed a more global business education and applied to Yale School of Management after reading about it in a magazine. We got an hour to snack and play until Appa came home at about 5:30 pm. A very Happy Valentine's Day, Raj today, you top the list, she wrote on LinkedIn on Monday. Nooyi instructed staff to give her daughter permission to play a video game when she called the office only after confirming that her homework and chores were completed. Look back at her ABC career, Parker McKenna Posey with former boyfriend Mandela Van Peebles, Parker McKenna Posey at Childrens Dream Awards 2011. By signing up you agree to our User Agreement and Privacy Policy & Cookie Statement. })(document); (function(d) { Her sister Chandrika is also a successful businesswoman as well as a Grammy-nominated musical artist. They had strong points of view about what government or companies should be doing to help citizens of the country. Shakuntala would spoon out the food while we sat under a tree in the playground. My grandparents had eight kids, but when I knew my grandmother before she died, they never seemed to speak. Her sister Chandrika Krishnamurthy Tandon is a singer. She grew up in a close family with two siblings, her parents, and her grandparents. He was born in 1883 in Palghat in the state of Kerala, which, under the British, was part of the Madras Presidency. She is a tough, driven woman who, like many daughters-in-law in those days, was blamed by the elders for family conflicts, even if she had nothing to do with them. Indra Nooyi, My Life in Full: Work, Family and Our Future (New York: Penguin Random House, 2001). When he talked, no one else did. My father, an unusual man for the times, was around too, assisting with the chores and helping care for the children. In this role, Ms Nooyi was the chief architect of Performance with Purpose, PepsiCo's pledge to do what's right for the business by being responsive to the needs of the world around it. We had no refrigerator. A brilliant student in high school, Nooyi developed interests considered unusual for girls in that time and place. In a recently published book, My Life in Full (2021), Nooyi focuses on the topic of work-life balance, admitting that there were many times when she felt that she fell short as a mother. Indra Nooyi, For Indra Nooyi, the First Lesson in Executive Ability Happened at Home, September 28, 2001, https://www.vogue.com/article/indra-nooyi-life-in-full. Theres a lot happening in the world. Indra Nooyi, a business leader and strategic thinker, is widely considered to be one of the top CEOs in the world for her leadership of the global behemoth PepsiCo for 12 years. Her elder sister, Chandrika Tandon, is an Indian-American musician and businesswoman who has received a Grammy nomination. He shopped for essentials, helped make beds, and he loved to compliment my mother when she made his favorite foods. She earned a spot at the prestigious Indian Institute of Management Calcutta, where she received her MBA in 1976. Mr. Raj K Nooyi is an experienced corporate executive. Talking about her mother, Indra said in an interview. Privacy Statement and Capturing mosquitos with a clap of the hands was a required survival skill. In fourteen years as a consultant and corporate strategist, I had never had a woman boss. Amma always wore flowers in her hair, a string of white or colorful blooms around her dark bun or ponytail. She told host . Indra Nooyi, the former chairman and CEO of PepsiCo who pushed for transformational change at the company through innovation of healthier products, once belonged to that small club. Shed be dressed and in the kitchen when the milk was carried in, and soon deliver the first cup of coffee to Thatha and my father. The world is growing more complex. var s = d.createElement('script'); s.type='text/javascript';s.async=true; But he spent almost all his time in the mens living room, a grand hall with windows all around and a wall clock that rang at the half hour and hour. To revist this article, visit My Profile, then View saved stories. This cookie is set by GDPR Cookie Consent plugin. PepsiCo CEO Indra Nooyi. The two remain married and have two daughters. Her father worked at the State Bank of Hyderabad. 'https' : 'http'; My paternal grandfather, a retired district judge, had used all of his savings to design and construct this grand, two-story residence, with its terrace and balconies. In her new memoir,My Life in Full, former PepsiCo CEO Indra Nooyi credits her family, mentors, and former bosses for supporting her ambition. She handled those issues deftly and with a firm hand. A brilliant student in high school, Nooyi developed interests considered unusual for girls in that time and place. She grew up in a close family with two siblings, her parents, and her grandparents. Nooyi remains close to her family. Copyright 2023 Thomas Publishing Company. The truth is, there is no such thing as balancing work and family. She developed a reputation as a strategic long-term thinker and a skillful communicator, and just 14 years after graduating from Yale she was wooed simultaneously for executive-level posts at two top global companies: PepsiCo and General Electric. Accessed February 8, 2022. https://fortune.com/2016/01/12/pepsi-yale-alumni-donor-nooyi/, Companies Like Ours Are Little Republics, by Andrew Edgecliff-Johnson, Financial Times, October 22, 2021. He slept on the carved-wood divan with deep blue upholstery. If at all there is any regret, it is not spending as much time as she would have liked with her two daughters Preeta and Tara, and husband Raj Nooyi, of whom she writes with immense respect and love. You also have the option to opt-out of these cookies. Sometimes, wed be under a mosquito net. As a business leader, I always tried to anticipate and respond to the shifting culture. The final report was more than 300 pages. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. She has been elected to the Fellowship of the American Academy of Arts and Sciences and appeared on Institutional Investor's Best CEOs list too. Now What? by Jennifer Reingold, Fortune, June 5, 2015. By clicking Accept, you consent to the use of ALL the cookies. According to Nooyi, When you have a competence that nobody else has, you become more valuable., This is a BETA experience. 2023 Minnesota Public Radio. Nooyi, a mother of two daughters, said "I don't think women can have . You may opt-out by. We lit candles and lanterns. None of us liked that at all. On Valentines Day 2022, she published a note to her husband Raj sharing credit for her successes with him: the truth is, there is no such thing as balancing work and family. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); On very hot days, we drank kanji, a mix of cooked rice soaked in water overnight, and then blended with diluted buttermilk. Her donation to her alma mater Yale School of Management makes her the schools largest alumni donor and the first woman to have endowed a Chair at a top business school. Over the years, I met thousands of people worried about how to be true to their families, their jobs, and their ambitions to be good citizens. Nooyi's grandfather, Thatha, with Nooyi (left) and her siblings. A big part of Nooyi's success over the years has been her heart-centered approach. Once in a while, on weekends, she tucked flowers into our pigtails. Indra Nooyi is the former Chairman and Chief Executive Officer of PepsiCo (2006-2019); a Fortune 50 company with operations in more than 180 countries. He checked our work regularly. I wasnt upset when I was excluded from the customs of male power; I was just happy to be included at all. We lit candles and lanterns. In 2006 Indian-born executive Indra K. Nooyi (born 1955) was named chief executive officer of PepsiCo, parent company of the ubiquitous Pepsi-Cola, the giant multinational drink and snack-food maker. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you. Indra Nooyi. National Womens History Museum. Mosquitos buzzed around, loving the dark and feasting on all of us. After 24 years with the company and serving a 12-year-run as its chief executive, she will depart this fall on October 3rd. Many young people, worried about how they will manage it all, are choosing not to have children. Company. We had to attract and retain the very best thinkers in their fields but ensure that PepsiCo was also a terrific place to work for a quarter of a million people. On many days, we also wrote out two pages in handwriting notebooks to practice cursive usually the phrase the quick brown fox jumps over the lazy dog because it includes all 26 letters of the alphabet. Thatha once had my sister and me read Nicholas Nickleby, the almost 1000-page novel by Charles Dickens. Accessed February 16, 2022. https://fortune.com/2015/06/05/pepsico-ceo-indra-nooyi/, Snacks for a Fat Planet: PepsiCo Takes Stock of the Obesity Epidemic, by John Seabrook,The New Yorker, May 9, 2011. Is It Even Possible to Share Parenting Responsibilities Evenly in a Heterosexual Relationship?