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Top Indian American CEOs steering major US companies
September 5, 2022
Updated: March 1, 2023
By Kiran N. Kumar
With his appointment as global coffee giant Starbucks’ next CEO, Indian-born Laxman Narasimhan, has joined a select group of Indian American CEOs heading US companies and steering them with a huge global reach.
They include Sundar Pichai, who heads Google and its parent company Alphabet, Microsoft’s Satya Nadella, IBM’s Arvind Krishna, Adobe’s Shantanu Narayen, Twitter’s Parag Agrawal, Albertsons’ Vivek Sankaran, Micron Technology’s Sanjay Mehrotra, FedEx’s Raj Subramaniam, and NetApp’s George Kurian.
The demand for Indian-Americans as CEOs of multinationals has rekindled new interest in their multicultural exposure and dedication to drive the growth of a global company reflecting in several studies being undertaken in management schools.
A report stated that seven top companies currently headed by them earned over $530 billion in 2020, greater than the GDP of all but 40 countries.
The situation was different three decades ago, when there were very few Indian Americans in the top echelons of corporate America until the glass ceiling was broken in the mid-1990s, by Raj Gupta, Ramani Ayer and Rakesh Gangwal, and Sanjay Mehrotra.
Gupta served as the Chairman and CEO of Rohm & Haas, which was later acquired by Dow Chemicals, for more than a decade.
Ayer served as the CEO and Chairman of The Hartford Financial Services Group, Inc. from 1997 to 2009. Gangwal was the president and CEO of the US Airways Group from 1998 to 2001.
Then in 2001, PepsiCo named Indra Nooyi as its CEO, and she became the first Indian American woman to head a Fortune 100 company.
Six years later, Vikram Pandit would start his tenure as CEO at Citigroup. Today, Indian Americans hold top-level positions in as many US companies across a spectrum of industries.
The following is a list of ten Indian American CEOs who are leading some top US companies.
Sundar Pichai, CEO, Alphabet Inc. and Google
Satya Nadella, CEO, Microsoft
Raj Subramaniam, CEO, FedEx
Vivek Sankaran, President and CEO, Albertsons
George Kurian, CEO, NetApp
Arvind Krishna, Chairman & CEO, IBM
Sanjay Mehrotra, President and CEO, Micron Technology
Laxman Narasimhan, CEO, Starbucks
Shantanu Narayen, Chairman and CEO, Adobe Inc.
Parag Agrawal, CEO, Twitter
https://www.americanbazaaronline.com/2022/09/05/top-indian-american-ceos-steering-us-corporates-450845/