, Meet Chandrika Tandon businesswoman andGrammy nominated musician. For me, its become almost a meditation. We are engines of efficiency. Not only has the city (and state) stood by the new global CEO of PepsiCo by passing the cola banning buck to the Centre, her mother is justifiably fizzing with joy. I never saw a woman sit in that room in front of my grandfather, who I called Thatha. Inspired by theirPerformance with Purposeinitiative, PepsiCo launchedFood for Good, a social enterprise within PepsiCo whose mission is to make healthy food physically and financially accessible for low-income families through sustainable, business-driven solutions. The company, that is, not the beverage. Indra took that message to heart (as did her older sister Chandrika Krishnamurth, a Grammy nominated world musician and a financial advisor/trustee of New York University; and her younger brother Nandu Narayanan, founder and Chief Investment Officer of Trident Investment Management LLC in New York City). P.G.D.M. A dinner gathering at her house is as likely to include Tony Blair and government ministers from India or Mexico as traditional pinstriped business types. How IIT Delhis Programme in Entrepreneurship Development will help to build businesses? It might sound like a better idea to save your conclusion for the . Indra Nooyi: A taste of Pepsi Cola 1. Eventually, in 1973, she made it to business school, one of only eight women in her batch at the Indian Institute of Management, Ahmedabad (IIM-A). By continuing to use our website, you agree We grew up in a very simple home in a very old city, where Vedic traditions are performed to this day. Ad Choices, Actor Graham McTavish Planned a Scottish Castle Wedding for His Bride Garance Dor, 70 Incredible Forgotten Photos From Vintage Oscar Nights, Phil Ohs Best Street Style Photos From the Fall 2023 Shows in Paris. The company's stock has more than doubled since 2003 and now hovers around $70 a share, up about 10% since she took over. She celebrates her Indian upbringing, acknowledges her privilege, and is all about show, dont tell. In October 2006, her hard work, vision, strategic alignment, and business experience won her the title of CEO, and the following year, she also became chairman of the board. My father, an unusual man for the times, was around too, assisting with the chores and helping care for the children. December 29, 2021. The best music comes when I dont exist. In the fourth quarter of 2007, revenue went up 17%, to $12.3 billion, and operating profits rose 9%, to $1.7 billion. Indra Nooyi, PepsiCo CEO, is stepping down - CNN October 20, 2022. Suri notes that like Nooyi, good leaders demonstrate a you-come-first attitude. In 2009, she received the Walter Nichols Medal from NYU Stern for representing the highest ideals of business, service and integrity - prior recipients include Rockefeller, Greenspan and Welch. It is accelerating the inner transformation to find the light inside, and stay in. They lived in different parts of the house. Growing up as the first girl child in a traditional Tamil Brahmin family in Chennai, she was made to understand that an early arranged marriage was her destiny, with her mothergathering stainless steel utensilsfrom birth,for her eventual trousseau right when she was sixteen. For Tandon, the joy is in being able to be a mentor to so many young people in the schools and colleges she supports. 2. Nobody can take that place. Often, there would be power cuts and the house was plunged into darkness. "If all you want is to screw this company down tight and get double-digit earnings growth and nothing else, then I'm the wrong person," she says. Sharing an anecdote, Indra Nooyi, in a 2017 LinkedIn post, recalled how she realised the importance of work-life balance when was reminded by her mother of the same. The rest is up to you. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Indra Nooyi and Chandrika Tandon - Forbes Can you share with us the journey, beginning with the idea and its birth? 'Didn't know who Navya Nanda was', but Indra Nooyi can't stop gushing Leaders embracing a business approach driven by purpose are likely to be more profitable in the long-term than an attempt to maximise shareholder value, Suri sums up. Learning from Indra Nooyi: 3 Leadership Lessons for Enduring Success Who else made the list? Indra began her career with PepsiCo in 1994 as Senior Vice President of Strategic Planning and was promoted in 1996 to Senior Vice President of Corporate Strategy and Development. "They said, 'We're a soda-and-chips company,'" Nooyi told a Yale School of Management student audience on . from IIM Calcutta in 1977 M.A. We are little republics. She listened to Carnatic music and sang along. They took a long walk on the beach. Indra Nooyi Age, Biography, Husband & More StarsUnfolded For the past 12 years, Indra Nooyi has called the shots as chairman and CEO of PepsiCoone of the most recognized brands in the world. She also gave the actress a message from her mother. I am on a quest to lose myself. The most relentless began near dawn, when, on many days, one of us climbed out of our shared bed at the first sound of a grunting, bawling water buffalo at the front door. In 2011, Nooyi received $17 million as CEO of PepsiCo, which includes a basic salary of $1.9 million, a cash bonus of $2.5 million, a pension value of $2.5 million, and $3 million in deferred remuneration. At a personal level, Tandon has pursued her artistic talents through tough situations. In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women and was ranked the second most powerful woman on the Fortune list in . Her belief in education as a game-changer has made her take a pro-active role in higher education, especially for those in need. 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. The first woman, person of color, and immigrant to run a Fortune 50 company - and one of the foremost strategic thinkers of our time - Nooyi transformed PepsiCo with a unique vision, a vigorous pursuit of excellence, and a deep sense of purpose. All rights reserved. Motley Fool co-founder and CEO Tom Gardner talks with Indra Nooyi, ex-CEO of PepsiCo, to discuss: Other CEOs she's learned from. When Indra Nooyi's mom wanted Priyanka Chopra to tie the knot soon Photograph by John Loomis / Redux. He read newspapers and books, lounging in an easy chair with a canvas seat. ; She received the Bower Award for Business Leadership from the Franklin Institute Awards Program in 2019.; The CEOWORLD magazine named her Best CEO in the World in 2018.; She was named number one on the annual ranking of Most Powerful Women in business for 2006 . from Yale School of Management in 1978 School: Holy Angels Anglo Indian Higher Secondary School, Madras (now Chennai), India College: The Madras Christian College (MCC), Tambaram, Chennai, Tamil Nadu, India Indian Institute of Management Calcutta, Joka, Kolkata, West Bengal . Under Nooyi's leadership since 2006, PepsiCo has delivered strong results: Net revenue grew from $35 billion in 2006 to $63.5 billion in 2017, a compound annual growth rate of 5.5%. BJP leader, journalists booked for fake migrant workers attack reports in Tamil Nadu, WATCH: Sarpanches protesting at Chandigarh-Panchkula border against Haryana's e-tendering policy detained by police, CBSE Class 10th Science Question Paper 2023 easy with direct questions, check student and expert analysis. Had no idea who Navya Nanda was, only saw an extraordinary Apparel Manufacturers of India wraps up its 10th Edition of trade fair 4 View the employee, and their family, as part of your organisation: As someone who values her family above all, Nooyis book is a handbook on how to manage work and personal life. National Gallery of Art Board of Trustees Elects Indra Nooyi as New The CEO Who Sings the Beatles But Can't Impress Her Mum, Indra Nooyi on At the 2008 World Economic Forum in Davos she told Secretary of State Condoleezza Rice it was critically important that "we use corporations as a productive player in addressing some of the big issues facing the world.". Nooyi stepped down as the CEO of PepsiCo in 2018 after helming the company for almost a decade. They also made sure to instill the belief in Indra and her two siblings that they could become anything they wanted to be regardless of gender, encouraging all three of their children to dream big. Indra Nooyi was born on October 28, 1955, in Madras, Tamil Nadu, India. Success stories from the Indian-American community are par for the course, but Chandrika Tandon, with her rich and varied immigrant experience, redefines the word successful and adds multiple nuances to it. Aara Health is an organisation co-founded by Navya along with Mallika Sahney, Pragya Saboo and Ahilya Mehta in 2020. International Women's Day 2023: 3 Investment Options You Can Consider, Amitabh Bachchan's granddaughter, Navya Naveli Nanda turned entrepreneur, Know What Congress Leader Rahul Gandhi Says in Cambridge University in China, Jammu and Kashmir : Rahul Gandhi's statement on Pulwama attack. You may be the President of PepsiCo. All Rights Reserved.Terms Raj, 63, attended college in the United States. 2 Be open to feedback: Instead of fearing the critics slamming PepsiCo for unhealthy products, Nooyi learnt from them, changing the course of the company towards a more responsible and environmentally sustainable direction. The first woman of color and immigrant to run a Fortune 50 company and one of the foremost strategic thinkers of our time she transformed PepsiCo with a unique . Leadership Indra Nooyi reflects on her time as . He checked our work regularly. Nooyi took to LinkedIn on Monday, and wished her husband, 'a very happy Valentine's Day' and said that because it was a day of . community building. Former Chairman and CEO of PepsiCo Indra Nooyi speaks to Prannoy Roy about her upcoming book My Life In Full. #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 Children: Tara Nooyi, Preetha Nooyi. 1966 - Today: Struggle for Justice If I didnt know, hed say, "But you said youd read these pages. Then Id have to look up the word and write two sentences to show I understood it. She was surprised that her parents agreed to let her go abroad. We had to think of how to simplify complicated arrangements and produce similar sounds with fewer instruments. Please fill up the form for authorized use of the content. I adored and revered Thatha, whose full name was A. Narayana Sarma. Morningstar: 2018 I had no idea who Navya Nanda was when I was mentoring her. Author Talks: Indra Nooyi on leadership, life, and crafting a better Indra Nooyi and Chandrika Tandon. She's cosmopolitan, rigorously educated, and a strategic thinker - her background is Boston Consulting Group - much more interested in the burgeoning markets in Russia and China than in the noisy U.S. cola wars.