Indian born, Indra K Nooyi is all set to lead American cola giant PepsiCo. According to PTI reports, the board of the food and beverage multinational on 14th August elected the 50-year-old corporate wizard as the CEO to succeed Steve Reinemund from October 1, 2006.
The board decision was an approval of her 12-year stint with the corporation. The Pepsico Board said in a statement: "We are exceedingly fortunate to have a leader of Indra's calibre, vision and experience to take the helm. She has been instrumental to PepsiCo's solid direction and ongoing success and has the complete endorsement and support of the board."
Nooyi was born in Madras, India on October 28, 1955. She received a B.S. from Madras Christian College and an M.B.A. from the Indian Institute of Management, Calcutta and graduated from the Yale School of Management. Prior to joining PepsiCo, Nooyi held senior management positions at Motorola and Asea Brown Boveri.
Known to often attend PepsiCo events wearing a sari, Nooyi joined the $33-billion F&B giant in 1994 and has served as president and CFO since 2001, when she was also named to PepsiCo's board of directors. As the fifth CEO in PepsiCo's 41-year history, she brings vast and unique skills to the job.
Nooyi is also a Successor Fellow at Yale Corporation and serves on the board of directors of several organizations, including Motorola, the Federal Reserve Bank of New York, the International Rescue Committee, and the Lincoln Center for the Performing Arts. She lives in Greenwich, Connecticut with her husband, Raj, and their two daughters.
Indra Nooyi was ranked 28th among the most powerful women In 2005 by Forbes magazine. Her ranking has obviously improved since then.
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