PepsiCo’s India-born CEO Indra Nooyi has made the largest alumni donation for the prestigious Yale School of management and became the first woman to endow deanship at a Reputed business School, after she gifted an undisclosed amount.
60-year-old Nooyi gifted this undisclosed amount to the deanship of the school and also inaugurated the Fifth Decade Innovation Fund. The school will name its deanship in honor of Indra Nooyi as she became the most generous graduate of Yale School of Management in terms of lifetime giving to the B-School.
“My experience at the Yale School of Management forever altered the course of my life. My gift to this wonderful institution pales in comParison with the gift that Yale gave me-the fundamental understanding that leadership requires an expansive worldview and a deep appreciation of the many points of intersection between business and society,” said Chennai-born Nooyi, who graduated from Yale in 1980.
“Business issues are never just business issues, and my most ardent hope is that this endowment will teach future generations of leaders that the most successful companies of tomorrow will do more than make money. They will make a difference and create shareholder value by improving the quality of life in every market in which they operate,” said Nooyi.
Indra Nooyi served as CEO of PepsiCo since 2006 and has been chairperson since 2007.
