Alyza Behar & Nathalie Pludwinski
Indra Nooyi, PepsiCo CEO
Indra Krishnamurthy Nooyi is an Indian-born, business executive and current Chairperson and Chief Executive Officer of PepsiCo, the second largest food and beverage business in the world by net revenue. She was born on October 27, 1955 in Madras, India to a very conservative middle class indian family.She was a bit of a rebel, and tended to break rules as a young adult and child. She joined an all girls cricket team and became a part of an all girls rock band playing guitar. She studied at Madras Christian College where she received her undergraduate degree in chemistry, math and physics. She then applied for the Indian institute of Management in Calcutta, where she graduated and
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Nooyi also used her amazing negotiating skills to acquire SoBe, the beverage company including different teas and energy drinks. All of this was done in the effort to bring in healthier options to the PepsiCo’s brand. By the year 2000, a report was let out about an increase in total sales due to all of Indra Nooyi’s improvements, showing that she was really leading PepsiCo in an amazing direction, and it was then that she was promoted to CFO in 2001. From the years 2001 to 2006, the PepsiCo 's annual revenue increased by 9 billion dollars, going from $24 billion to $33 billion. On August 14, 2006, she became the fifth CEO of PepsiCo and the first woman CEO of PepsiCo. In the year 2006, PepsiCo surpassed Coca Cola for the first time.
In the year 2010, Nooyi earned $13.78 million, which included her salary of $1.3 million dollars, annual incentives of $3 million, stock option grants of $3.23 million and performance bonus of $6.25 million. In the year 2011, Nooyi earned as CEO, a compensation of seventeen million dollars which consisted of a base salary of one and a half million dollars, plus a cash bonus of two and a half million, and a pension plus another three million. This was one of her most recent publicized salaries. PepsiCo has a net revenue of around sixty million dollars a year, and employs over 300,000 employees. She
3. What aspects of McDonald’s management ensure that it was able to deliver a consistent
According to PepsiCo “Organic revenue grew 5 percent in the fourth quarter and in the full year, reported net revenue declined 1 percent for the quarter and 1.5 percent for the full year, reflecting the impact of previously announced structural changes” (PepsiCo, 2013). The cost of running the business paid off from a revenue standpoint but overall net revenue fell by one percent. Additionally, Pepsi remained exceedingly concentrated on generating appealing returns for shareholders, and returned $6.5 billion to shareholders in 2012 “through a combination of share repurchases and dividends,” (Pepsi, 2013) This increased costs for the company but the cost spending implemented paid off for shareholders who would be more willing to invest more in the company in the future.
However, no matter what the advertisements claim, the statistics concerning the shares and value of each company cannot lie. The Coca-Cola Company dominates the soft-drink market by owning four of the global top five soft-drink brands, which include Coca-Cola, Diet Coke, Fanta, and Sprite. The Coca-Cola Company makes or licenses more than 400 drink products in more than 200 nations. In 2006, Coca Cola’s sales reached 24,088 million dollars and had a net income of about 5,080 million dollars, with 71,000 employees working in the company. PepsiCo, Incorporated is the largest snack maker and second largest soft-drink maker in the world. It sells beverages and snacks in approximately 200 nations as well. In 2006, its sales reached 35,137 million dollars and had a net income of $5,642 dollars with 168,000 employees working in the company. With these numbers, one can assume that Pepsi is earning more profit if wages payouts are not considered, but Pepsi has a large number of workers working for
Indra Nooyi is one of those legends, she was able to grow up in one of the poorest, most populated countries in the world, India, and then move to a foreign territory and still make it to the top of the pyramid by hard work alone. Indra Nooyi, now the CEO of PepsiCo is one of the richest beverage companies in the world, has shown us that it doesn’t matter where you start from it matters where you go and how you get there.
Indra Krishnamurthy Nooyi a daughter, a sister, a wife and a mother and an inspiration leader. Her personal mantra ‘is that there no limits to what you do ‘. From a young woman born in India and immigrating to Unites States of America . Through sheer determination and ambition becoming at the age of 50 the first CEO of PepsiCo which under her management is now positioned at the 2nd biggest snack and beverage business worldwide by net revenue. Her goal is to define PepsiCo as a defining coporaration of the 21st Century. Atricles in the Wall Street Journel has claimed she is more powerful than Anglea Merkel. Indra Nooyi like a star rising ,has risen to the pinnacle of both her personnel life and global career making her one of the most
Pepsi –cola was started in the summer of 1898 in New Bern, North Carolina by Pharmacist Caleb Bradnham. PepsiCo Inc. started in 1965 with the merger of Pepsi-Cola and Frito-Lay. Since then, PepsiCo has continued to grow, adding new brands and product lines meeting the demands of the market. Throughout the years, they have strived and worked toward environmental sustainability. The ability to be financial stable gives PepsiCo the ability to give back and donate to those communities they are located in. PepsiCo’s mission to provide performance with purpose means delivering sustainable growth by investing in a healthier future for people and our planet. PepsiCo is continually increasing their triple bottom line.
Mrs.Indra Nooyi was born and raised in a middle class family from Southern India. She started her career as a Manager in a British firm after her Management education from Indian Institute Of Management, Calcutta, India. Her interest in the field of Management got her into Yale school of Management. Her approach to critical issues and excellent problem solving skills was soon realized by the corporate world, specifically by PepsiCo which was struggling to compete with Coca-Cola in the early 90’s. PepsiCo appointed her as the senior vice-president, corporate strategy and development in 1994 and named her president and CFO in 2001. Since then she
CEO of PepsiCo, Indra Nooyi, indicates that the world is a cycle of unprecedented change, and that all must change (You Tube, 2017). Therefore, restructuring its performances with a purpose provides PepsiCo the opportunity to transform its product portfolio, the planet, and its people. Pepsi implements organizational changes that create a divisional, regional that heightens integration of its global operations structure, which differs from its previous top-down hierarchy structure (Ezz, 2017). The changes enhance how Pepsi generates its products to leverage profitability. These organizational changes, includes focuses that reach its regional market needs, constructing corporate control over its global structure; nonetheless, creates disadvantages, and limits flexibility (Dudovskuiy, 2016). For instance, the single global division limits response time to its Frito-Lay market. According to Dudovskuiy (2016), by division of this single global unit into regional markets, “PepsiCo could enhance its responses to market variations around the world.” Additionally, this provides PepsiCo an opportunity to grow its food brand within the industry, through offers of healthier competitive product line. According to Wharton (2012), “companies can be socially responsible, provide more nutrition and healthier products and still be profitable, but it requires careful management of board and Wall Street expectations.”
Indra Nooyi serves as the Chairman and Chief Executive Officer (CEO) of PepsiCo. Nooyi was named President and CEO in 2006 and became a member of the Board in 2007. Nooyi has been with PepsiCo since 1994. Before becoming President in 2006, Nooyi served as the Senior Vice President and Chief Financial Officer of PepsiCo Other members of management include: John Banner (Executive Vice President, Communications), Oswald Barckhahn (President, North American Nutrition), and Umran Beba (Senior VP, Chief HR officer).
PepsiCo is one of the famous brand in FOOD and manufacturing of consumer goods From beverages to food to snacks, they offer wide range of products choices to the consumers from simple treat to healthful offerings. This brand was founded in New Bern, North Carolina,U.S in 1965 by donald Kendall and Herman Lay. The chairperson and CEO of PepsiCo is Indra Nooyi.
Indra Nooyi, born on 28 October 1955, is among the inspirational leaders who have made considerable turn around in the Fortune 500 companies (Morris, 2008). She is the current Chief Executive Officer and chairperson of PepsiCo. She is among the most powerful women in the world as ranked by Fortune and Forbes. In 2014, Forbes ranked her 13 out of the 100 most powerful women in the world. In the same year, Fortune ranked her third most powerful woman. Nooyi is a chief architect of the company’s policy of performance with purpose. Under her leadership, the company does what is good for the business by concentrating on its target market (Deresky, 2014).
Weak innovation Strategy: PepsiCo CEO Indra Nooyi said: “We don’t believe we are delivering enough incremental innovation” (Fortune, June 11, 2012, Pg.152).
In year 1965, PepsiCo Inc. is founded by Donald M. Kendall and Herman Lay. PepsiCo Inc. was merged by Pepsi-Cola and Frito-Lay in 1965. PepsiCo is an American multination industry that selling food and beverage. PepsiCo Inc. is the second-largest organisation that produces food and beverage in the world.
Indra Nooyi serves as the Chairman and Chief Executive Officer (CEO) of PepsiCo. Nooyi was named President and CEO in 2006 and became a member of the Board in 2007. Nooyi has been with PepsiCo since 1994. Before becoming President in 2006, Nooyi served as the Senior Vice President and Chief Financial Officer of
McDonald’s, as we know it today was founded and incorporated by Ray Kroc in 1955. Mr. Kroc bought the rights from the originators brothers Maurice (Dick) and Mac McDonald. Today the McDonald 's Corporation is the leading global foodservice retailer with more than 35,000 local restaurants serving nearly 70 million people in more than 100 countries each day. - Getting to Know Us. Retrieved December 15th, 2014