Wikipedia:VideoWiki/Indra Nooyi

Introduction
Indra Nooyi is an Indian American business executive and former CEO of PepsiCo. In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women.



Early life
Nooyi was born to a Tamil-speaking family on 28 October 1955 in Madras (now known as Chennai) Tamil Nadu India. Nooyi did her schooling in Holy Angels Anglo Indian Higher Secondary School.

Education
Nooyi received a bachelor's degrees in Physics, Chemistry and Mathematics from Madras Christian College of the University of Madras in 1974, and a Post Graduate Programme Diploma from Indian Institute of Management Calcutta in 1976.

Yale
In 1978, Nooyi was admitted to Yale School of Management where she earned a master's degree in Public and Private Management in 1980.





Career
Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell.

Internship
While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton.



Boston Consulting Group
In 1980, Nooyi joined the Boston Consulting Group as a strategy consultant, and then worked at Motorola as Vice President and Director of Corporate Strategy and Planning, followed by a stint at Asea Brown Boveri.



PepsiCo Executive
Nooyi joined PepsiCo in 1994 and was named CEO in 2006, replacing Steven Reinemund, becoming the fifth CEO in PepsiCo's 44-year history.



Tricon
Nooyi has directed the company's global strategy for more than a decade and led PepsiCo's restructuring, including the 1997 divestiture of Tricon, now known as Yum Brands. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its umbrella



Acquisition
Nooyi also took the lead in the acquisition of Tropicana in 1998, and the merger with Quaker Oats Company, which also brought Gatorade in 2001,







Net profit rise
PepsiCo's annual net profit rose from 2 point 7 billion dollar to 6 point 5 billion dollar.



Aspartame removal
In 2015, Nooyi removed aspartame from Diet Pepsi, furthering the shift towards healthier foods, despite lack of evidence of aspartame's harmful effects.

Succession
On 6 August 2018, PepsiCo Inc confirmed that Nooyi would step down as the CEO, and Ramon Laguarta, a 22-year veteran of PepsiCo, would replace her on 3 October. During her tenure, the company's sales grew 80%. Nooyi served as CEO for 12 years, 7 years longer than the average CEO tenure at large companies according to an Equilar study.



Remuneration
While CEO of PepsiCo in 2011, Nooyi earned $17 million, which included a base salary of 1 point 9 million dollar, a cash bonus of 2 point 5 million dollar, pension value and deferred remuneration of $3 million. By 2014, her total remuneration had grown to $19087832, including $5 and half million of equity.



Connecticut public service
In 2019 Nooyi became the co-director of the newly created Connecticut Economic Resource Center, a public-private partnership with the Connecticut Department of Economic and Community Development.

Awards and recognition
In 2018, Nooyi was named one of the "Best CEOs In The World" by the CEOWORLD magazine. Forbes magazine ranked Nooyi on the 2008 through 2017 lists 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 to 2010.

American Academy of Arts and Sciences
In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences.



Honorary degrees
Nooyi has been awarded several honorary degrees, including doctorates, by universities such as, Yale University, Cranfield University, University of Warwick, Pennsylvania State University, Duke University, and New York University, among several others.

Padma Bhushan
She has been awarded the Padma Bhusan in 2007 by the President of India.

Memberships and associations
Nooyi 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.



WJP
Nooyi serves as an Honorary Co-Chair for the World Justice Project, a body that works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the development of communities of opportunity and equity.