Nooyi becomes Yale’s biggest alumni donor

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

The 60-year-old 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 .“