Pepsi's Indra Nooyi among Journal's 50 women to watch
The president of PepsiCo is named among 50 women in the world to be watched by Wall Street Journal.india Updated: Oct 31, 2005 12:53 IST
Indra Nooyi, president and chief financial officer of PepsiCo, was Sunday named by the Wall Street Journal among 50 women in the world to be watched.
In a special report, the Journal listed Nooyi among those women "in line to lead," highlighting her many achievements while rising from the ranks at the soft drinks giant.
Nooyi, who, the Journal noted, is known for her razor-sharp wit and singing at work, is also a tough plainspoken and fiercely competitive boss.
The list led with eBay's Margaret Whitman, the woman at the helm of the most successful online auction company.
Nooyi is known for "her strategic thinking and deal-making skills" which have led to the "remaking" of the company in the last 10 years, according to the Journal. She was instrumental in expanding Pepsi to include restaurant and bottling businesses, as well as the acquisition of juice maker Tropicana and Quaker Oats.
She was appointed to a coveted Board seat in May 2001, getting the title of president, placing her directly in the running as the successor of the current chair and CEO Steve Reinemund.
This year, she was awarded multimillion-dollar restricted stock awards that she can encash only in 2009, committing her to remain with Pepsi.
Born in India in 1955, Nooyi joined Pepsi in 1994 and has enjoyed a meteoric rise in the company.