Thursday, 30 June 2011

Pepsi's CEO


Indra Nooyi Chairman and Chief Executive Officer of PepsiCo, born in 28 October 1955 in Chennai, Tamil Nadu, India.

Education

- High school from Holy Angels AIHSS, Chennai

  • -Bachelor's degree majoring in Physics,Chemistry and Maths from Madras Christian College in 1974
    - Post Graduate Diploma in Management (MBA) from Indian Institute of Management Calcutta in 1976.
    - Master degree in Public and Private Management from Yale School of Management in 1978.
    Career
  • -While at Yale, she completed her summer internship with Booz & Company.
    - Position as a product manager positions at Johnson & Johnson and textile firm Mettur Beardsell
    - Joined the Boston Consulting Group (BCG), directing international corporate strategy projects
    - She moved on to Motorola (MOT), where she served as vice president and director of corporate strategy and planning

Career with Pepsi

-In 1994, PepsiCo made her senior vice president of corporate strategy and development.
- She's held posts as senior vice president and CFO, president and CFO, and was named to PepsiCo's Board of Directors in 2001.
- Company's fifth CEO in 2006.
Business strategy

- Pepsi's spin-off of Taco Bell, Pizza Hut, and KFC, which became YUM Brands (YUM),
-Purchase of its two biggest bottlers, PepsiAmericas (PAS) and Pepsi Bottling Group (PBC), which is anticipated to produce $300 million in annual cost savings.
- Acquisition of Tropicana for $3.3 billion and for the $13 billion merger with the Quaker Oats Company.

- Restructuring PepsiCo and its massive billion-dollar food and beverage portfolio of 19 product lines.

- Riding the future wave of sustainability, the goal of her multi-year growth model is to drive innovation in wholesome ingredients, energy use, water and packaging, and workforce diversification. Current sales of "good-for-you" nutrition brands like Tropicana, Dole, Quaker, and Tazo total $10 billion, and Nooyi hopes to triple that figure within 10 years.

- Being the mother figure to her employees, whom she considers part of her family, and keeps an an open-door policy.

- Every quarter she writes hand-written thank-you letters to the spouses of all 27 executives for putting up with long hours away from home.

- After seeing the impact of her success on her mother during a visit home, Nooyi also began sending letters to executives' parents.

Lesson from her

- You can be a working mother and climb the corporate ladder while raising children.

- You can get ahead in the any corporate environment without sacrificing who you are culturally. As she presented herself in sari in her first interview and was successful to get the job in spite of her sari

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