Indra Nooyi becomes Yale's biggest alumni donor

New York: 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 the school's biggest alumni donor and the first woman to endow a deanship at a top B-school.
Yale did not disclose the amount gifted by 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.
She is also the first woman to endow the deanship at a top business school, the school said in a statement on Tuesday.
The PepsiCo chairman, who graduated from the school in 1980, credited her experience at the school for "forever" altering "the course of my life" and said her gift "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," she said in a statement.
"They will make a difference and create shareholder value by improving the quality of life in every market in which they operate," she said.