According to a list of top CEO compiled by the Equilar, a California-based, privately held company, that mainly provides information about total executive compensation packages of the top officers at publicly traded companies and nonprofit organizations, Indra Krishnamurthy Nooyi of Pepsico is 2nd on the list of the 10 highest paid women CEOs of 2015.
Ms Nooyi 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. The study reveals that Ms Nooyi is paid $22.2 million, up 16%, and stock returns are 9%. She topped the Indian Americans on the list at No. 8 with a total compensation of $22.2 million. She was ranked 8th on the list with a total pay of $22.2 million.
Ms Nooyi was born in Chennai, Tamil Nadu and 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 and a Post Graduate Diploma in Management (MBA) from Indian Institute of Management Calcutta. Ms Nooyi took over the reins of PepsiCo in 2006 after having been with the company since 1994, including a stint as president and chief financial officer from 2001. Her strategic redirection of the 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).