Indra Nooyi, Shantanu Narayen named Top Gun CEOsJune 23rd, 2009 - 7:38 pm ICT by IANS
By Arun Kumar
Washington, June 23 (IANS) Two Indian-Americans, Indra Nooyi of PepsiCo and Shantanu Narayen of Adobe Systems, have been named among America’s “25 Top Gun CEOs” who put their companies on the path to success in the midst of a recession.
Nooyi, the only female listed this year, was ranked No. 17 among the top 25 chief executive officers for 2009 picked up by advisory agency Brendan Wood International, “based on their ability to make smart acquisitions, make themselves visible and expand the company’s value propositions, among other things.”
Nooyi, who has been president and chief executive officer of PepsiCo since October 2006, was named a Top Gun in part for her long-term strategic vision for PepsiCo and the acquisitions she has helped, US business magazine Forbes said.
She has led PepsiCo’s restructuring, including the divestiture of its restaurants into YUM! Brands, the acquisition of Tropicana and the merger with Quaker Oats. PepsiCo had annual sales of $43.25 billion in 2008, up from $39.47 billion the previous year.
“Indra K. Nooyi has had the right long-term strategic vision. She has executed very well. PepsiCo dominates the markets it operates in. She runs the business carefully, in good times and bad. I like how she thinks about managing the business,” the ranking agency’s CEO Brendan Wood was cited as saying by Forbes.
A notch above Nooyi at No. 16 was Shantanu Narayen, CEO of Adobe Systems. “Shantanu Narayen has been in the industry for a very long time and always has a strong sense of what the next key steps are in terms of positioning the company in the industry,” Wood said.
A total of 317 US companies were reviewed by 2,500 asset managers to determine the “Top Guns”. Chief executive officers were ranked quantitatively and qualitatively with data from past year.
Only three of this year’s top executives have made the list previously:
Andrew Gould of Schlumberger, Nicholas Chabraja of General Dynamics, and Mark Hurd of Hewlett-Packard.
Another chief executive honoured was John Stumpf of Wells Fargo & Co.. Wells Fargo made the news last year when the firm offered to acquire Wachovia.
Despite illness, Steve Jobs, Apple chief executive officer, became a Top Gun for the innovative products the company created under his guidance.
Robert Iger, CEO of Walt Disney Co., became a Top Gun for helping turn around ABC, a Disney acquisition, and he is capitalizing on ESPN’s strength.
(Arun Kumar can be contacted at firstname.lastname@example.org)
Edit: A comment below was removed at the request of Michael McGuire, Esq. (Hollyer Brady LLP)
- Indra Nooyi second most powerful woman in US business - Oct 01, 2011
- Three Indians among Forbes 500 top paid CEOs - May 02, 2010
- Indra Nooyi gets a raise, makes $17 mn in 2011 - Mar 24, 2012
- Sonia Gandhi ranked world's sixth most powerful woman - Aug 22, 2012
- Indians are head-and-shoulders above other immigrants in US: Forbes - Dec 22, 2009
- 'Hillary Clinton world's No.1 powerful mom' - May 13, 2012
- Indra Nooyi is again Fortune's most powerful woman - Sep 30, 2010
- Michelle Obama tops '2010 World's 100 Most Powerful Women' list - Oct 07, 2010
- Sonia Gandhi, Indra Nooyi among top ten world's most powerful women - Aug 25, 2011
- Nooyi, Shikha Sharma, Chanda Kocchar among 100 most powerful women - Oct 07, 2010
- Obama names Indian American to boost government efficiency - Mar 11, 2011
- Indra Nooyi among 18 women leading Fortune 500 - May 09, 2012
- India a leading market for PepsiCo : Nooyi - Nov 09, 2009
- Lady Gaga is on the Forbes powerful women's list - Oct 07, 2010
- Indra Nooyi, Sanjay Jha among highest paid CEOs in US: Report - May 10, 2011
Tags: adobe systems, advisory agency, andrew gould, arun kumar, asset managers, brendan wood international, chief executive officer, chief executive officers, divestiture, general dynamics, indra nooyi, nicholas chabraja, pepsico, quaker oats, shantanu narayen, smart acquisitions, strategic vision, top guns, value propositions, yum brands