Indra Nooyi Yale’s most generous alumni donor

The prestigious Yale School of Management will name its deanship in honour of PepsiCo’s India-born CEO Indra Nooyi as she gifted an undisclosed amount to her alma mater, becoming its biggest alumni donor and the first woman to endow a deanship at a top b-school.

Yale did not disclose the amount gifted by Ms Nooyi but said her “landmark gift” to endow the deanship of the school and inaugurate an innovation fund has made her the “most generous graduate” of Yale School of Management in terms of lifetime giving to the school.

60-year-old Nooyi is also the first woman to endow the deanship at a top business school, the school said in a statement yesterday. The PepsiCo chairman, who graduated in 1980, credited her experience at the school for “forever” altering “the course of my life” and said her gift “pales in comparison with what 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.”