ale School of Management today announced that Indra K. Nooyi ’80, chairman and chief executive officer of PepsiCo, Inc., has made a landmark gift to endow the deanship of the school and inaugurate the Fifth Decade Innovation Fund. 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.
“My experience at the Yale School of Management forever altered the course of my life,” said Nooyi. “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. 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.”