NEW YORK, NY - Indra Nooyi, chairperson and CEO of PepsiCo, and Padmasree Warrior, chief technology and strategy officer at Cisco Systems, have once again made it to the Forbes list of The World’s 100 Most Powerful Women. Nooyi is placed at number 13, ahead of Yahoo CEO Marissa Mayer (18), while Warrior, of San Jose, California is listed 71st on the list.
Last year Nooyi was placed 10th on the list and Warrior was at the 57th position. Nooyi, 58, of Greenwich, Connecticut, has, once again, exceeded analyst’s expectations and dour forecasts, Forbes said. Despite a global decline in the consumption of sugary drinks, the company’s shares have increased 3.1 percent, while the S&P 500 Index added less than 1 percent. According to Forbes, Nooyi achieved the feat by thinking “outside the soda can.” In 2013, PepsiCo products accounted for nine of the top 50 new food and beverage introductions in the U.S.
Aside from new products, recent Nooyi-led innovations include smaller package sizes. She did not give way to recent pressure to split the company to slash costs and spur growth. Instead, she pledges to keep the company undivided while improving performance and cutting $5 billion in costs over five years starting in 2015, the magazine said. Warrior’s name frequently comes up as a most likely successor to Cisco CEO John Chambers when he steps down in the next few years, Forbes said, adding that Chambers has called Warrior “among the sharpest technology persons in the world.” In her five years at the $48 billion technology company, the 53-year-old has helped Cisco grow through partnerships and acquisitions, including nine in 2013 totaling $4.2 billion. The innovation pro has also been busy joining the boards of file-sharing service Box and Gap. Warrior still finds the time to mentor other women in the tech industry, stay in touch with her 1.46 million Twitter followers and for a nightly meditation routine, the magazine said. A Cornell-trained engineer, she believes a STEM education informs creativity: “Increasingly it’s not about knowing all the answers but asking the right questions and figuring out how to get the right answer.” Also named on the list are Arundhati Bhattacharya, chair and managing director of State Bank of India (36); Chanda Kochhar, CEO and managing director of ICICI Bank (43) and Kiran Mazumdar-Shaw, founder and chair of Biocon Ltd (96). (Agencies)
Aside from new products, recent Nooyi-led innovations include smaller package sizes. She did not give way to recent pressure to split the company to slash costs and spur growth. Instead, she pledges to keep the company undivided while improving performance and cutting $5 billion in costs over five years starting in 2015, the magazine said. Warrior’s name frequently comes up as a most likely successor to Cisco CEO John Chambers when he steps down in the next few years, Forbes said, adding that Chambers has called Warrior “among the sharpest technology persons in the world.” In her five years at the $48 billion technology company, the 53-year-old has helped Cisco grow through partnerships and acquisitions, including nine in 2013 totaling $4.2 billion. The innovation pro has also been busy joining the boards of file-sharing service Box and Gap. Warrior still finds the time to mentor other women in the tech industry, stay in touch with her 1.46 million Twitter followers and for a nightly meditation routine, the magazine said. A Cornell-trained engineer, she believes a STEM education informs creativity: “Increasingly it’s not about knowing all the answers but asking the right questions and figuring out how to get the right answer.” Also named on the list are Arundhati Bhattacharya, chair and managing director of State Bank of India (36); Chanda Kochhar, CEO and managing director of ICICI Bank (43) and Kiran Mazumdar-Shaw, founder and chair of Biocon Ltd (96). (Agencies)