Indra Nooyi, former CEO of PepsiCo, will be awarded an Honorary Doctorate Degree by Hult International Business School during the August 2024 commencement ceremony, in recognition of her impact on the business world.
Nooyi, who led PepsiCo as chair and CEO from 2006 to 2018, is renowned for her leadership and visionary approach. During her tenure, she spearheaded the "Performance with a Purpose" strategy, integrating environmental and social considerations with financial goals. Her efforts have earned her recognition as one of the world's most powerful individuals by prominent publications such as Forbes, Fortune, and Time.
Expressing her gratitude for the honor, Nooyi emphasized the importance of education and its role in shaping future leaders. "Having spent a career in business where I saw first-hand the impact of things like collaboration, innovation, learning by doing, shared purpose, and diversity of thought and perspectives, I am optimistic that students learning these skills today will become our strong, globally focused leaders of tomorrow. Thank you for this honor," Nooyi said in a statement.
Joining Nooyi in receiving the accolade is Tim Brown, chair of IDEO and a pioneer in design thinking. Hult International Business School president Matt Lilley expressed the institution's pride in honoring Nooyi and Brown. "We are proud to award those who exemplify what we teach and believe to be true: business leadership requires not just intelligence and vision, but a desire to use business as a platform to make the world a better place," Lilley stated.
The Hult Honorary Doctorate Degree is awarded annually to individuals who align with the school's mission of impactful leadership and inspiration. Previous recipients include Paul Polman, former Unilever CEO and sustainability advocate, and Azeem Azhar, a technology innovator and AI futurist.
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