Wishesh Magazine November_2018 Wishesh Magazine November 2018 | Page 50

NRI PROFILE
Indra Nooyi is an
Indian-born American
business executive
currently serving
as the Chairperson
and Chief Executive
Officer of PepsiCo,
one of the largest
food and beverage
businesses in the
world.
ranked 2nd.
Step Down as PepsiCo’s CEO
50
$3 million. By 2014, her total
remuneration had grown to
$19,087,832, including $5.5
million of equity.
On 6 August 2018, PepsiCo Inc
confirmed that Nooyi would step
Awards and Recognition
down as the CEO and Ramon
Laguarta, a 22-year veteran of
PepsiCo, would replace her on Forbes magazine ranked Nooyi
on the 2008 through 2017 lists of
October 3.
The World’s 100 Most Powerful
Women. Fortune magazine has
However, Nooyi will continue
named Nooyi number one on its
to serve as the chairwoman
annual ranking of Most Powerful
of the company until early
Women in business for 2006,
2019. During her tenancy,
2007, 2008, 2009 and 2010. In
the company’s sales grew 80
2008, Nooyi was named one of
percent. Nooyi served as CEO
America’s Best Leaders by the
for 12 years, 7 years longer
United States News & World
than the average CEO tenure
at large companies according to Report. In 2008, she was elected
to the Fellowship of the American
an Equilar study.
Academy of Arts and Sciences.
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
WWW.WISHESH.NET | NOVEMBER 2018
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
TopGun 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 a most powerful
woman in U.S. 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.