Former PepsiCo CEO Indra Nooyi joined Amazon’s board on Monday after an eventful 24 years at the helm of the beverage maker.
Nooyi left her position as chairperson and chief executive of Pepsi in January 2019.
The experienced business manager is the second high profile addition to Amazon’s board this month.
Amazon recently enlisted the services of Starbucks’ Chief Operations Officer (COO) Rosalind Brewer as the company adopts the National Football League’s (NFL) Rooney Rule which requires teams to consider minority candidates for coaching and high level roles.
Ms Brewer was Walmart’s Sam’s Club CEO from 2012 to 2017. She was also the first black woman to lead a Walmart (WMT) division.
Until January, Indra Nooyi was the chairperson of PepsiCo’s board of directors.
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Between October 2006 and October 2018, she was both the chairperson of the board and CEO of the second largest food and beverage business in the world.
She joined PepsiCo in 1994 and was named Chief Finance Officer (CFO) in 2001.
The corporate magnate has a Bachelor of Science from Madras Christian College, a Masters in Business Administration from The Indian Institute of Management, Calcutta as well as a Masters in Public and Private Management from Yale University.
She has consistently ranked among the world’s 100 most powerful women. In 2014, she was ranked at number 13 on the Forbes list of The World’s 100 Most Powerful Women and was ranked the 2nd most powerful woman on the Fortune list in 2015.
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Nooyi was named on Wall Street Journal’s list of 50 women to watch in 2007 and 2008. Forbes named her the third most powerful woman in 2008.
During her stint as CFO, the company’s annual net profit rose from Ksh276 billion to Ksh665 billion.
She was largely responsible for the company’s strategy for more than a decade and led PepsiCo’s restructuring, including the 1997 divestiture of Tricon, now known as Yum! Brands, a fast food company. She was also in charge of the acquisition of Tropicana, a juice maker in 1998.
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