Indra Nooyi
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Indra Krishnamurthy Nooyi is chief executive officer and president of PepsiCo, the world's fourth-largest food and beverage company. On August 14, 2006 she was named the next to succeed Steve Reinemund as chief executive officer of the company. Reinemund, 58, will retire on October 1.
Early life and career
Nooyi was born in Madras, India on October 28, 1955. She received a bachelor's degree from Madras Christian College and a Post Graduate Diploma in Business Administration from the Indian Institute of Management, Calcutta and graduated from the Yale School of Management. Prior to joining PepsiCo, Nooyi started her career with The Boston Consulting Group, from where she moved on to hold senior management positions at Motorola and Asea Brown Boveri.
Nooyi is also a Successor Fellow at Yale Corporation and serves on the board of directors of several organizations, including Motorola, the Federal Reserve Bank of New York, the International Rescue Committee, and the Lincoln Center for the Performing Arts. She lives in Greenwich, Connecticut with her husband, Raj, and their two daughters.
Name
Her first name Indra stands for the Hindu male God of weather and war Lord Indra.
Pepsi executive
While at PepsiCo, Nooyi has played a vital role in starting Tricon . She also took the lead in the acquisition of Tropicana in 1998. Nooyi assumed her current role as president and CFO of PepsiCo in May of 2001. She was named on the Wall Street Journal's list of 50 women to watch in 2005. She was ranked #11 on Fortune Magazines list of most powerful women in Business. She joined Pepsico in 1994 and was named Chief Financial Officer in 2001. On August 14 2006 she was named the CEO of PepsiCo. She becomes the fifth CEO in Pepsico's 41 year history.
"Middle finger" analogy controversy
In May 2005 Nooyi started a controversy when she spoke to graduates of the Columbia Business School in New York City describing North America and implicitly the United States as "the long middle finger", adding the US "must be careful that when we extend our arm in either a business or political sense, we take pains to assure we are giving a hand . . . not the finger." An apology was later issued.[1][2]
Footnotes
- ^ Memmott, Mark (2006-08-14). "New Pepsi CEO is exec who sparked boycott effort". USA Today. Retrieved 2006-08-17.
{{cite news}}: Check date values in:|date=(help) - ^ "Columbia Business School Graduation Remarks: Indra Nooyi, President and CFO, PepsiCo" (PDF). 2005-05-15. Retrieved 2006-08-17.
{{cite web}}: Check date values in:|date=(help)
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