Washington: Jan 13; Indra Nooyi, the Indian-born PepsiCo Chairperson & CEO, has become the Yale School of Management's biggest alumni donor with a 'landmark gift' to endow the deanship at her alma mater.
Chennai-born Nooyi, 60, who graduated from the school in 1980, has made the gift to also inaugurate the Fifth Decade Innovation Fund, the school announced.
The fund is an ambitious initiative designed to advance the school's aim of developing leaders with the broad global mindset and multi-disciplinary approach to business that is needed to succeed in 21st-century capitalism, the school said.
With this gift, Nooyi becomes the most generous graduate of Yale School of Management in terms of lifetime giving to the school. She is the first woman to endow the deanship at a top business school.