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Entrepreneur and Small Scale Business

Submitted To- Submitted By-


Mrs. Abha Kanwarpal Singh
UILS, PU CHD B.com LL.b 6th sem
267/15 Section-D
Indra Krishnamurthy Nooyi
Chairman and Chief Executive Officer of

PepsiCo
Introduction

• Indra Krishnamurthy Nooyi (born 28 October 1955) is an Indian American business executive and
the current Chairman and Chief Executive Officer of PepsiCo, the second largest food and beverage
business in the world by net revenue.

• She has consistently ranked among the world’s 100


most powerful women. In 2014, she was ranked
at number 13 on the Forbes list of The World’s 100
Most Powerful Women, and was ranked the 2nd
most powerful woman on the Fortune list in 2015.

• In February 2018, the International Cricket Council


announced that Nooyi would join the ICC Board as
its first independent female director in June.
Early life and career

Nooyi was born to a Tamil-speaking Brahmin family in Madras (now known as Chennai), Tamil
Nadu, India. She was educated at Holy Angels Anglo Indian Higher Secondary School.
She received bachelor's degrees in Physics, Chemistry and Mathematics from Madras Christian
College of the University of Madras in 1974 and a Post Graduate Programme (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 Allen Hamilton. 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 CFO in 2001. She was named President and CEO
in 2006, replacing Steven Reinemund. 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. Nooyi also took the lead in the acquisition of Tropicana in 1998,
and the merger with Quaker Oats Company, which also brought Gatorade to Pepsi Co. In 2006
she became the fifth CEO in Pepsi Co's 44-year history. She was named as the 3rd Most
Powerful Woman in Business by Fortune in 2014.
Since she started as CFO in 2001, the company's annual net profit has risen from $2.7 billion to
$6.5 billion.
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. In 2014, she was ranked #13 by Forbes. Fortune
ranked her the #1 most powerful woman in business in 2009 and 2010. On 7 October 2010
Fortune magazine ranked her the 6th most powerful woman in the world. In Fortune's Most
Powerful Women List of 15 September 2015, Nooyi ranked 2nd.
Continued…

Nooyi's strategic redirection of PepsiCo has been largely successful. She reclassified PepsiCo’s
products into three categories: "fun for you" (such as potato chips and regular soda), "better for
you" (diet or low-fat versions of snacks and sodas), and "good for you" (items such as oatmeal).
Her initiative was backed up with ample funding. She moved corporate spending away from
junk foods and into the healthier alternatives, with the aim of improving the healthiness of
even the "fun" offerings. In 2015, Nooyi removed aspartame from Diet Pepsi, furthering the
shift towards healthier foods, despite lack of evidence of aspartame's harmful effects.
Nooyi has stated an intent to develop a line of snacks marketed specifically for women, feeling
that it is a hitherto unexplored category.
In a radio interview, Nooyi stated that PepsiCo is getting ready to launch products designed and
packaged according to women's preferences, and based on behavioural differences in the way
men and women consume snacks.
Remuneration

While CEO of PepsiCo in 2011,


Nooyi earned $17 million, which
included a base salary of $1.9
million, a cash bonus of $2.5
million, pension value and
deferred remuneration of $3
million. By 2014, her total
remuneration had grown to
$19,087,832, including $5.5
million of equity.
Awards and recognition

In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council (USIBC). Nooyi leads
USIBC's Board of Directors, an assembly of more than 60 senior executives representing a cross-section
of American industry.
Nooyi has been named 2009 CEO of the Year by Global Supply Chain Leaders Group.
In 2009, Nooyi was considered one of "The Top Gun CEOs" by Brendan Wood International, an advisory
agency. After five years on top, PepsiCo's Indian American chairman and CEO Indra Nooyi has been
pushed to the second spot as most powerful woman in US business by Kraft's CEO, Irene Rosenfeld.
In 2013, Nooyi was named one of the "25 Greatest Global Living Legends" by NDTV. On 14 December
2013 she was awarded by the President of India Pranab Mukherjee at the Rashtrapati Bhavan.
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
Centre for the Performing Arts. She is also a member of the Board of Trustees of Eisenhower
Fellowships, and has served as Chairperson of the U.S.-India Business Council.
Nooyi serves as an Honorary Co-Chair for the World Justice Project. The World Justice Project
works to lead a global, multidisciplinary effort to strengthen the Rule of Law for the
development of communities of opportunity and equity.
In December 2016, Nooyi joined a business forum assembled by President-Elect Trump to
provide strategic and policy advice on economic issues
Personal life

Nooyi has two daughters and resides in Greenwich, Connecticut. One of her daughters is
currently attending the School of Management at Yale, Nooyi's alma mater.

Her older sister is singer Chandrika Krishnamurthy Tandon.

In India, she used to play cricket and guitar in a girl rock band.
THANK YOU

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