PepsiCo leader Nooyi to receive honorary degree from Penn State

March 19, 2010

University Park, Pa. — The woman who oversees the world's largest portfolio of billion-dollar food and beverage brands will receive an honorary doctorate of humane letters from Penn State. Penn State's Board of Trustees today (March 19) approved Indra K. Nooyi, chairman and CEO of PepsiCo, to receive the degree at a future University commencement ceremony.

Nooyi directs a corporation with 285,000 employees worldwide and annual revenue nearing $60 billion, generated from businesses including Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade.

Named president, chief financial officer and member of PepsiCo's board of directors in 2001, president and CEO in 2006 and chairman in May 2007, Nooyi has overseen the company's global strategy for more than a decade. She led the corporation's restructuring, which included acquiring Tropicana and merging with Quaker Oats, among other strategic undertakings. She also is credited as the chief architect of PepsiCo's long-term growth strategy, termed Performance with Purpose, which aims to bring the corporation continued success using health-minded and ecologically sustainable practices.

Chair of the U.S.-India Business Council, Nooyi serves as a member of the boards of The Consumer Goods Forum, Catalyst and Lincoln Center for the Performing Arts. She also is Successor Fellow of Yale Corporation.

Before her arrival at PepsiCo in 1994, Nooyi was a member of the senior strategic leadership team for Zurich-based industrials company Asea Brown Boveri, Motorola and The Boston Consulting Group. She began her career in India in product management for Johnson & Johnson and textile firm Mettur Beardsell Ltd.

Nooyi earned her undergraduate degree from Madras Christian College, an MBA from the Indian Institute of Management in Calcutta and a master of public and private management from Yale University.

  • Indra K. Nooyi

    IMAGE: Penn State

(Media Contacts)

Last Updated November 18, 2010