DNA - World - US Fortune smiles on six Indian-origin CEOs - Daily News & Analysis

DNA - World - US Fortune smiles on six Indian-origin CEOs - Daily News & Analysis

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US Fortune smiles on six Indian-origin CEOs
PTI
Sunday, April 22, 2007 10:58 IST


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NEW YORK: Cola queen Indra Nooyi is not the only person of Indian origin heading a behemoth like PepsiCo in the US, she is in company with five others at the top of the latest Fortune league of American corporate giants.

Besides PepsiCo, the global soft drink giant, persons of Indian origin are running another five companies figured in the expanded Fortune 1000 list of the biggest firms in the US, published in the latest issue of US-based business magazine.

While PepsiCo tops the list of the Indian-run firms in the US at 63rd rank, it also features Hartford Financial Services, Rohm & Haas, Sigma-Aldrich, Tellabs and LSI Corporation, all of which have an India-born as the CEO.

The US-based cola giant is led by Indra K Nooyi as its President and CEO, a position she assumed last year.

Chennai-born Nooyi was elected to PepsiCo's board and became President and Chief Financial Officer in May 2001 after serving as Senior VP and CFO since February 2000.

The list also has at 82nd rank, Hartford, a diversified insurance and financial services firm, which has an IIT-Mumbai alumni Ramani Ayer as Chairman, President and CEO.

Rohm & Haas, a US-based global specialty materials company, is also led by an another IIT graduate, Rajiv L Gupta, as the company's Chairman, President and CEO. The company has been ranked at 292nd position in the Fortune list published in the April 30 issue of the magazine.

Joining ranks with them in the exclusive club of Indian origin CEOs of Fortune-listed US firms are chemicals maker Sigma-Aldrich's Jai Nagarkatti, semiconductors and storage device firm LSI Corporation's Abhijit Y Talwalkar and telecom equipments maker Tellabs' Krish A Prabhu, who is the third IIT-alumni on the list.

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