Indra Krishnamurthy Nooyi ( born 28 October 1955) is an India-born, naturalized American, business executive and the current Chairperson and Chief Executive Officer of PepsiCo, the second largest food and beverage business in the world by net revenue. She has consistently ranked among the World’s 100 Most Powerful Women. In 2014, she was ranked 13 in the list of Forbes World’s 100 most powerful women.
Early life and career:
Nooyi was born to a Tamil-speaking family in Madras (now known as Chennai), Tamil Nadu, India. She was educated at Holy Angels Anglo Indian Higher Secondary School in Madras. She received bachelor’s degrees in Physics, Chemistry and Mathematics from Madras Christian College in 1974 and a Post Graduate Diploma in Management (MBA) from Indian Institute of Management Calcutta in 1976. Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. She was admitted to Yale School of Management in 1978 and earned a master’s degree in Public and Private Management. While at Yale, she completed her summer internship with Booz Allen Hamilton. Graduating in 1980, Nooyi joined the Boston Consulting Group (BCG), and then held strategy positions at Motorola and Asea Brown Boveri.
Wikinews has related news: PepsiCo names Nooyi CEO as Reinemund retires
Nooyi joined PepsiCo in 1994 and was named president and CFO in 2001. Nooyi has directed the company’s global strategy for more than a decade and led PepsiCo’s restructuring, including the 1997 divestiture of its restaurants into Tricon, now known as Yum! Brands. Nooyi also took the lead in the acquisition of Tropicana in 1998, and the merger with Quaker Oats Company, which also brought Gatorade to Pepsi Co. In 2006 she became the fifth CEO in Pepsi Co’s 44-year history. She was named as the 3rd Most Powerful Woman in Business by Fortune in 2014.
Since she started as CFO in 2001, the company’s annual net profit has risen from $2.7 billion to $6.5 billion.
Nooyi was named on Wall Street Journal’s list of 50 women to watch in 2007 and 2008, and was listed among Time’s 100 Most Influential People in The World in 2007 and 2008. Forbes named her the #3 most powerful woman in 2008. In 2014, she was ranked #13 by Forbes.Fortune ranked her the #1 most powerful woman in business in 2009 and 2010. On 7 October 2010 Fortune magazine ranked her the 6th most powerful woman in the world. In Fortune’s Most Powerful Women List of September 15, 2015, Nooyi ranked 2nd.
Nooyi’s strategic redirection of her company has been largely successful. She reclassified Pepsico’s products into three categories: “fun for you” (such as potato chips and regular soda), “better for you” (diet or low-fat versions of snacks and sodas), and “good for you” (items such as oatmeal). Her initiative was backed up with ample funding. She moved corporate spending away from junk foods and into the healthier alternatives, with the aim of improving the healthiness of even the “fun” offerings. In 2015, Nooyi removed aspartame from Diet Pepsi, furthering the shift towards healthier foods.
He is the founder of IKEA, a company that sells household items known for its low prices and cost-saving measures. He started out selling matches before he expanded to ballpens, decorations and seeds. IKEA was born after he added furniture to his items for sale.
She inherited her wealth from her late husband Andronico Luksic, the owner of Antofagasta, one of the biggest copper mines in the world. Aside from mining, the family also has interests in industrial, financial and beverage industries in Chile.
Isaac Larian ( born March 28, 1954 in Kashan, Iran) is the Chief Executive Officer of MGA Entertainment, the biggest privately owned toy company in the world.
Born to a Jewish family in Iran, Larian has 3 sisters and one brother.Larian arrived to the United States alone in 1971 at the age of 17. After graduating from California State University, Los Angeles in civil engineering, he started an import-export business. with his brother Fred in 1979 after his plans to return to Iran were ended by the 1979 Iranian Revolution. They then re-positioned the business into consumer electronics. In 1987, they became a distributor for Nintendo and in 1993, they became a licensee for the “Power Rangers.” In 1997, toys became their focus and they had their first internal success with the Singing Bouncy Baby. In 1998, he changed his company’s name to MGA Entertainment. In 2000, his brother sold his 45% stake in the company to Larian for $9 million and in 2001, MGA developed the “Bratz” doll.Two of the dolls bear the names of his children, son Cameron and daughter Jasmin (although her doll uses the Persian spelling Yasmin). In 2005, Bratz sales totaled $800 million well ahead of their main rival, Barbie with $445 million in sales. In 2004, Mattel sued MGA alleging that the designer of the Bratz doll had developed the concept while working for Mattel and that MGA had paid Mattel employees to work on MGA projects. MGA counter sued alleging that Mattel spied on its salesmen by masquerading as toy buyers, repositioned Bratz displays in retail stores to less favorable arrangements, and that Mattel paid retailers to favor Barbie over Bratz. On August 5, 2011 Mattel was also ordered to pay MGA $310 million for attorney fees, stealing trade secrets, and false claims. Due to a technical procedural issue having nothing to do with the merits of the claims, the Ninth circuit vacated without prejudice the $170 million portion of the judgment against Mattel for this misconduct. On January 13, 2014, MGA filed a complaint for these claims in State court in California seeking in excess of $1 billion and this lawsuit is currently pending. In November 2006, MGA purchased the manufacturer of infant and toddler toys, Little Tikes.In 2010, MGA released the highly successful “Lalaloopsy” doll.
He was named Ernst & Young Entrepreneur of the Year Award for the consumer products category in 2004.He was also named the overall national Ernst & Young Entrepreneur of the Year in 2007. His motto, “Fortune favors the bold” is displayed throughout MGA’s building.
Isha Mukesh Ambani (born 1991) is an Indian businesswoman. She is the daughter of Mukesh Ambani, chairman and managing director of Reliance Industries Limited (RIL) and Nita Ambani, founder of Reliance Foundation. After graduating in Psychology and South Asian studies from Yale University, in October 2014 she was inducted into the boards of directors of Jio and Reliance Retail.
In 2008, Ambani, with a net worth of Rs.471 Crores (US$70 million), was ranked 2nd on the Forbes’ Youngest Billionaire Heiresses list, and in 2015 was named among 12 powerful upcoming businesswomen in Asia.
In 2014, after receiving an undergraduate degree in Psychology and South Asian studies from Yale University, Ambani worked as a business analyst with the management consulting firm, McKinsey & Company. Later that year she was inducted into the boards of Reliance Jio and Reliance Retail.
In December 2015, she led the employee launch of Jio’s 4G services along with her brother in the presence of the brand’s ambassador, Shahrukh Khan.
In April 2016, Ambani launched AJIO, an online fashion retailer, at the 2016 edition of Lakme Fashion Week. She oversees the branding and management segments of AJIO, which is a subsidiary of Reliance Retail.
Ambani is a member of one of India’s richest families, Ambani family. She is the only daughter of Mukesh Ambani and Nita Ambani. Her twin brother, Akash Ambani, is a co-director at Jio and Reliance Retail. She has a younger brother, Anant Ambani, who is pursuing his undergraduate degree from Brown University.
Ambani is a sports enthusiast and used to play for her university’s soccer team. She is also a trained pianist.