New York: Indra Nooyi, India-origin CEO of Pepsico, has become the first woman to receive the Peterson Award, given to an individual with outstanding business leadership, a media report said.

"Nooyi, a Greenwich resident, was honored... At the biennial Peterson Business Award Dinner, which drew hundreds of business and community leaders. She is the sixth recipient of the award," said a report published in the online edition of Connecticut-based newspaper The Advocate.

According to the paper, Yale University President Richard Levin presented the award. Nooyi, a graduate of the Yale School of Management, serves on the university s governing board, it added.

"... Greenwich Library, which in 1992 received a 25 million dollar bequest from Clementine Lockwood Peterson, prompting the library to establish the award in her family's name," the report said.

Source : PTI