2010-09-12

Indra Nooyi

From Wikipedia,

Born October 28, 1955 (1955-10-28)
Chennai, Tamil Nadu, India
Citizenship United States
Education Madras Christian College
IIM Calcutta
Yale School of Management
Occupation CEO, PepsiCo
Salary 2006:
Salary - $964,413
Cash Bonus - $3,000,000
Perks/Other - $153,506
Stock Awards - $1,033,505
Option Awards - $1,078,942
Total - $6,230,366
Term 2006-Present
Predecessor Steven Reinemund
Board member of Lincoln Center for the Performing Arts
International Rescue Committee
Religion Hindu


Indra Krishnamurthy Nooyi (Tamil: இந்திரா கிருஷ்ணமூர்த்தி நூயி born October 28, 1955) is an Indian American executive and is the Chairperson and Chief Executive Officer (CEO) of PepsiCo Incorporated.[3] On August 14, 2006, Nooyi was named the successor to Steven Reinemund as chief executive officer of the company effective October 1, 2006.[4][5] On February 5, 2007, she was named Chairperson, effective May 2, 2007.

She is a Successor Fellow of the Yale Corporation. She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst and the Lincoln Center for the Performing Arts. She is also a member of the Board of Trustees of Eisenhower Fellowships, and currently serves as Chairperson of the U.S.-India Business Council.

In 2009, Nooyi was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.

Early life and career
Indra Nooyi was born in Chennai, Tamil Nadu, India. She completed her schooling from Holy Angels AIHSS, Chennai. She received a Bachelor's degree in Commerce from Madras Christian College in 1974 and a Post Graduate Diploma in Management (MBA) from Indian Institute of Management Calcutta in 1976. Beginning 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. While at Yale, she completed her summer internship with Booz & Company.Graduating in 1980, Nooyi joined the Boston Consulting Group (BCG), and then held strategy positions at Motorola and Asea Brown Boveri.

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 a 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,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.

According to BusinessWeek, since she started as CFO in 2000, the company's annual revenues have risen 72%, while net profit more than doubled, to $5.6 billion in 2006.

Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008, 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. Fortune ranked her the #1 most powerful woman in business in 2009.

Compensation
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.

Personal Life and Recognition
At its 2009 commencement, Barnard College awarded Nooyi the Barnard Medal of Honor, the College's highest award.

Forbes magazine ranked Nooyi third on the 2008 and 2009 list of The World's 100 Most Powerful Women. Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008 and 2009.In 2008, Nooyi was named one of America's Best Leaders by U.S. News & World Report.

In 2007, she was chosen as a recipient of the Padma Bhushan award by the Government of India. In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences.

In January 2008, Nooyi was elected Chairwoman 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.

Indra Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group.


http://www.businessweek.com/magazine/content/07_24/b4038067.htm

JUNE 11, 2007
SPECIAL REPORT

Indra Nooyi: Keeping Cool In Hot Water
The CEO's smart moves have helped PepsiCo cut down on junk food


At PepsiCo Inc. (PEP ), Indra Nooyi has long been known for two things: a prescient business sense and an irreverent personal style. The combination became obvious soon after she joined the company as its chief strategist 13 years ago. She pushed Chief Executive Roger Enrico to spin off Taco Bell (YUM ), Pizza Hut (YUM ), and KFC (YUM ) in 1997 because she didn't feel PepsiCo could add enough value to the fast food business. She later was instrumental in the purchase of Tropicana, the spinoff of Pepsi's bottling business, and the $13 billion merger with Quaker Oats Co. Each of these moves has paid off.

All the while, Nooyi has proved comfortable enough with her leadership presence to patrol the office barefoot at times and even sing in the halls, perhaps a holdover from her teen days in an all-girl rock band in her hometown of Chennai, India. She gave Enrico a karaoke machine before he left in 2001 and hired a live "Jam-eoke" band to help senior executives belt out tunes at a management conference earlier this year.

"Indra can drive as deep and hard as anyone I've ever met," Enrico says, "but she can do it with a sense of heart and fun."

Nooyi learned early on to embrace rather than hide her differences in the corporate world. She headed to the U.S. after working for a time in India, long fascinated by the opportunities and culture of America (pal Henry Kissinger notes that Nooyi is "a wild New York Yankees fan," recalling a visit with her to Prague, where "she would pull out her cell phone every 20 minutes to check the score"). Coming out of Yale in 1980 with a master's in public and private management, Nooyi wore a sari to an interview at Boston Consulting Group and was offered the job. She later held corporate strategy posts at Motorola Inc. (MOT ) and what is now ABB Group (ABB ). What drew her to PepsiCo was the chance to make a difference in a company that was struggling.

Over the past decade, she says, "PepsiCo has transformed itself to become among the best food companies and one of the better corporations in the world." Since 2000, when she became chief financial officer, the company's annual revenues have risen 72%, while net profit more than doubled, to $5.6 billion last year. As chairman and CEO, Nooyi promotes the concept of "performance with purpose," trying to make PepsiCo a ground-breaker in areas like selling healthy food and diversifying its workforce.

The slogan may sound like the kind of marketing ploy that's in vogue these days, especially coming from a company that's best known for making soda and potato chips. But Nooyi says that by emphasizing baked whole-grain snacks and vitamin-enhanced water, Pepsi can lead the industry's push toward better nutrition. That, she argues, would benefit not just consumers, but investors, too.


http://leadership.bcg.com/americas/nooyi.aspx
" leaders must have fundamentally different skills from those required of executives in the past. These include the ability to work closely with public officials and to exhibit emotional intelligence toward employees. She stresses the need for leaders to have direct personal understanding of the markets and cultures in China, India, and other growth spots. Nooyi herself spent two weeks in China last summer, making sure to get out of conference rooms and into the countryside and people’s homes."

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