summary on indra nooyi a corporate giant
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Explanation:
Indra Nooyi, born October 28, 1955, Madras [now Chennai, India, Indian-born American businesswoman who was instrumental in the lucrative restructuring and diversification of soft-drink manufacturer PepsiCo, Inc.’s brands. Nooyi served as the company’s CEO (2006–18) and chairman of the board (2007–19).
Nooyi earned a bachelor’s degree in chemistry from Madras Christian College in 1976 and a master’s degree in business administration from the Indian Institute of Management in Calcutta two years later. After moving to the United States, she received an additional master’s degree in public and private management from the Yale School of Management in 1980. For the next six years, Nooyi worked as a consultant for the Boston Consulting Group. She later held executive positions at Motorola, Inc., and the engineering firm Asea Brown Boveri
In 1994 Nooyi joined PepsiCo as senior vice president of corporate strategy and development. In 2001 she was named president and chief financial officer of the company. Nooyi was responsible for guiding a major restructuring, which included the company’s spin-off of its restaurants—which included KFC, Pizza Hut, and Taco Bell—into Tricon Global Restaurants (which later became Yum! Brands, Inc.), as well as the spin-off of PepsiCo’s bottling operations. In addition, she oversaw the acquisition (1998) of Tropicana Products and a merger in 2001 with the Quaker Oats Co. as part of the company’s strategy of diversifying into more healthful drinks and foods.
Answer:
- Profitable reorganization and brand diversification of Indian-born American soft drink maker PepsiCo, Inc. (born October 28, 1955 in Madras, India [now Chennai]).
- Nooyi received a bachelor's degree in chemistry from Madras Christian College in 1976 and a master's degree in business administration from the Indian Institute of Business Administration in Kolkata two years later.
- She moved to United States and received an additional Master's degree in public and private management from the Yale School of Management in 1980. For the next six years she worked as a consultant for the Boston Consulting Group. Since then, he has held 4,444 managerial positions at Motorola, Inc. and the engineering company Asea Brown Boveri (now ABB)
- She was appointed president and chief financial officer of the company in 2001. Nooyi was responsible for leading a major reorganization, including a spin-off of restaurants such as KFC, Pizza Hut and Taco Bell to Tricon Global Restaurants (later Yum! Brands, Inc.), and a spin-off of PepsiCo.
- She also oversaw the acquisition of Tropicana Products in 1998 and the merger with Quaker Oats Company in 2001 as part of the company's strategy to diversify into healthier beverages and foods.
- Nooyi became CEO in October 2006, became CEO of the following year, and was one of only 11 female CEOs of the Fortune 500 company.
- Analysts expressed surprise at the timing of Nooy's appointment as chairman (her predecessor Stephen Reinmund served only five years before suddenly deciding to retire), People praised the skills that brought to the work of Nooyi continued its strategy of transforming PepsiCo into a balanced consumer goods company that does not rely on the sale of its flagship soft drinks. She also actively promoted international expansion.
- Under her leadership, PepsiCo's revenues increased from $ 35 billion in 2006 to $ 63.5 billion in 2017. The following year, Nooyi resigned as CEO in October, and it was announced that she would resign in early 2019.
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