Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. He took over the position of the Chairman of the Board of Directors on February 1, 2019. As leaders, we should continue investing in sustainable packaging and regenerative agriculture, making our supply chains more sustainable and ensuring our brands innovate in positive spaces. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Information on this page was last updated on 10/26/2022. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. Legal Statement. stream Laguarta will be just the sixth CEO of the company in its 53 years of business. He also holds a masters degree in International Management from theThunderbird School of Global Management. He obtained his MBA from Spains ESADE Business School. Learn More about insider trades at PepsiCo. Your email address will not be published. Some of the food, snack, and beverages companies that pose competition to the multinational giant PepsiCo include: (Related: First Watch CEO Email & Net Worth Chris Tomasso). In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. Torben Nielsen Managing Director, Germany and Austria and Switzerland. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. Popularly known as the Businessperson of Spain. [12][13][14] He officially took over the role on 3 October 2018 and became Chairman of the Board of Directors on 1 February 2019. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. Believer in simplicity, accountability, executional excellence. "double down" on marketing fizzy drinks brands. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. In addition to English, he is also fluent in Spanish, French, German and Greek. En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. An example of data being processed may be a unique identifier stored in a cookie. 4 0 obj Drinks including Gatorade and Mountain Dew help make up 22 brands that fall under Pepsis umbrella which combined generate over $1 billion in retail sales annually. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. 3 pepsico.com; gmail.com; intl.pepsico.com; 5+ +82 51-227-XXXX +66 61 391 XXXX +92 42 111 724XXXX +92 300 829XXXX +92 321 897XXXX +92 300 427XXXX; Juan Zapiain SVP Global Process Executive - PGT . All rights reserved. Also, the CEO made $63.8 billion USD profit. In that role, he successfully transformed ESSAs beverage portfolio, developed the companys juice business, led the acquisition and successful integration of the companys dairy business in Russia, and advanced the companys PwP mission. From 2002 to 2006, he was General Manager for Iberia Snacks and Juices, and from 1999 to 2001 a General Manager for Greece Snacks and Marketing Vice President for Spain Snacks. Maria, are the proud parents of three sons. 1. Required fields are marked *. PepsiCo can also be reached via phone at (914) 253-2000 and via email at [emailprotected] Learn More on Ramon Laguarta's contact information. Traveling, Reading, and Listening to music. By Siddharth Cavale and Uday Sampath Kumar. Learn More on Ramon Laguarta's trading history. Later, he was appointed as the CEO of the companyin Europe. Furthermore, Indra was serving the company for 12 years. He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. Did you know each EV battery contains up to 220 pounds of graphite and China controls more than 90% of the world's graphite trade? Ramon Laguarta (age 58) is from Barcelona, Spain. By advancing our pep+ goals, we believe we will be a consistent top market performer and a force for good by doing what's right for people and the planet. He learned a critical business lesson that going small before going big is essential after the failure of PepsiCos yogurt joint venture with Muller in 2015. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. The PBNA segment is composed of beverage concentrates, fountain syrups, and finished goods under various beverage brands such as Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Sierra Mist, and Mug. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . Perhaps unsurprisingly, e-commerce as a preferred way of shopping topped the list of pandemic-prompted changes that the exec expects as a permanent trend. 380 talking about this. As a result, it's something the company has . Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local He has 4 childrenwith his wife but as of now, we do not know the names. Ramon Laguarta (age 58) is from Barcelona, Spain. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. El barcelons Ramn Laguarta, CEO Global de PepsiCo, ha sido premiado con el galardn del Career Award de marketing que otorga el Club de Marketing Barcelona, presidido por Luis Torra. Purposeful leader. Laguarta has also led attempts to reduce waste by acquiring SodaStream. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. Now, amid a shift towards healthier lifestyles and changing consumer habits, Laguarta will have to strike the balance between the development and marketing healthier alternatives versus pumping spend into Pepsi's flagship products. Mr. Ramon Luis Laguarta is an Independent Director at Visa, Inc., a Chairman & Chief Executive Officer at PepsiCo, Inc. and a President & Chief Executive Officer at Pepsico . PepsiCo CEO Ramon Laguarta said on a call with investors on Tuesday that the company expects "ups and downs," with the potential for second waves of COVID-19 cases and new decisions about lockdowns. [5] As a result of the promotion, he moved to the United States. That means the chip you love will start with a sustainably grown potato on a regenerative field. Got a confidential news tip? Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. Esa es una de las caractersticas de Ramn Laguarta, barcelons de 58 aos, el CEO global de la multinacional PepsiCo.La clase empresarial catalana, ms pendiente siempre de no perder el control de sus negocios medianos que de buscar socios que permitan volar ms alto, mira con envidia a quien prefiere ver el mundo como una gran . He has a deep understanding of the changing preferences of consumers and other critical trends unfolding around the world, and he has demonstrated that he knows how to navigate them successfully. The news is confirmed by the PepsiCo officially page by a tweet. "Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief . <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Mr. Laguarta previously served as president from 2017 to 2018. [5][6] Frankfurt, HE, DE View. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. He will become the global giant's sixth CEO. Nooyi's spell leading PepsiCo has been particularly strong, with net revenue growth rising from $35bn in 2006 to $63.5bn last year under year watch. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. The corporate mailing address for Mr. Laguarta and other PepsiCo executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577. In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. The deal announced on Monday may be the last for PepsiCo Chief Executive Indra Nooyi, who will hand over to Ramon Laguarta later this year. This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. Ramon Laguarta has served as chief executive officer and director of PepsiCo since October 2018, and assumed the role of chairman of the board in February 2019. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. PepsiCo generated $70 billion in net revenue in 2020, driven by a complementary beverage and convenient foods portfolio that includes Lays, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: Mr. Laguarta owns 310,757 shares of PepsiCo stock worth more than $53,925,662 as of March 1st. I am confident that our reporting will only improve as we work toward a fully integrated structure, where we publish our Annual ESG Summary alongside our Annual Report. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. From a young age, he showed an interest and talent for business. It's a significant change for us, but we are starting from a position of strength, as Corporate Secretary has recognized us for best ESG reporting for the second year. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Heres how much it will cost. Listen to article If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. They want a more focused, more integrated approach that places sustainability at the heart of business operations. Powered and implemented byFactSet Digital Solutions. We put sustainability and human capital at the center of how we will create growth and value, by operating within planetary boundaries and inspiring positive change for the planet and people. In September 2017, he moved to the USA to be a President of the company. Meet PepsiCo's Next CEO: Ramon Laguarta Spaniard joined PepsiCo in 1996 and rose through the ranks in Europe; 'the future is not going to be easy,' he recently told staff. Ramon Laguarta Wiki, Wife, Age, Net worth, Family(PepsiCo CEO) Biography, Ethnicity, Height, Weight, Wealth, Kids, Personal Life Affairs, Girlfriend, House, Parents, Controversy & Profile:Ramon Laguarta (born in 1964) is a Spanish President of PepsiCo Inc fromBarcelona, Spain. 4ax*dCTVbEQ!R? Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. [23], Laguarta speaks English, Catalan, Spanish, French, German and Greek. Ramn Laguarta es el presidente. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Bangkok, Krung Thep, Thailand View. Mutual Fund and ETF data provided byRefinitiv Lipper. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. Ramon Laguarta said price elasticity around the world has fallen - with PepsiCo expecting to be able to pass through the cost inflation it is feeling. (Recommended: Coca Cola CEO Email & Net Worth James Quincey). Later, in September 2017, when he joined the company as President, his main job is to oversee the global operation, public affairs, government policy, and corporate strategy. FOX Business takes a look at Laguarta and his track to the C-Suite. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. Sign up for free newsletters and get more CNBC delivered to your inbox. PepsiCo's insider roster includes David Flavell (EVP), Marie Gallagher (SVP), Hugh Johnston (CFO), Ramkumar Krishnan (CEO), Ramon Laguarta (CEO), Laxman Narasimhan (CEO), Silviu Popovici (CEO), Gregg Roden (Exec. In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. For email communication, you can write to [emailprotected]. Therefore, his age isFifty-Four (54) years old as in 2018. New York: Indra Nooyi will step down as PepsiCo's CEO after leading the US food and beverage giant for 12 years, the company announced on Monday, with its Indian-origin top executive exuding confidence that the "best days are yet to come" for the soda and snacks firm. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. Insiders at PepsiCo own 0.1% of the company. Quotes displayed in real-time or delayed by at least 15 minutes. Ramon Laguarta is the Chief Executive Officer of PepsiCo. In fact, after graduation, he went toESADE business school for his MBA Degree. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. The impact of the earthquake is devastating. The family was living in Geneva before moving to the US. Join th. The APA, GRAPHITE: "Essential for America's National Defense". He has three sons from his wife Maria. Biography of Ramon Luis Laguarta. As per his marital status, we have information that Ramon is married. He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. ", "The investments we have made in pep+ aim to ensure the sustainability of our business and the hundreds of thousands of jobs we support across our global supply chains creating growth and value within planetary boundaries while inspiring positive change for people and the planet. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! Prior to joining PepsiCo, he worked for Chupa Chups, S.A., a Spanish leading confectionery company, where he held a number of international roles in Asia, Europe, the Middle East, and the U.S. Ramon is a native of Barcelona and holds an MBA from ESADE Business School in Spain and a Masters in International Management (M&M) from Thunderbird School of Global Management. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. Ramon Laguarta - Chairman and CEO Hugh Johnston - Vice Chairman and CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan. PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. [14] Laguarta has been working at PepsiCo for over 20 years, his previous roles including CEO for Europe Sub-Saharan Africa, president for the PepsiCo Eastern Europe Region, commercial Vice President for PepsiCo Europe, general manager for Iberia Snacks and Juices and General Manager for Greece Snacks. [15] Since becoming CEO of PepsiCo, Laguarta established three priorities to lead the company: Accelerating the company's rate of organic revenue growth; becoming a stronger company; and becoming a better company. We have no information about his parents but we will update you in the future. [9] Laguarta joined PepsiCo in January 1996. Get this delivered to your inbox, and more info about our products and services. $7.5 million US dollars (As of 2018). [3] s el sis CEO en la histria de l'empresa, [4] i el primer CEO espanyol d'una gran multinacional nord-americana. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. The marketer-turned-Pepsi CEO taking over from Indra Nooyi", "PepsiCo CEO Indra Nooyi to Step Aside; Veteran Set to Take Helm", "PepsiCo sets goal to become 'faster, stronger and better', "Strategic plastic use drives sustainable packaging at PepsiCo", "Visa Inc. - Corporate Governance Board of Directors", "Food System Initiative Shaping the Future of Food First Annual Report April 1 st 2019 December 31st 2019", https://en.wikipedia.org/w/index.php?title=Ramon_Laguarta&oldid=1127203815, Thunderbird School of Global Management alumni, Short description is different from Wikidata, Articles with unsourced statements from September 2021, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 December 2022, at 12:57. Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. 4 min. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. Laguarta fue ascendiendo y ocupando cargos cada vez ms internacionales. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. He will officially take over the position of CEO on after Indra Nooyi. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". The 54-year-old Laguarta, who's going to be the sixth CEO in PepsiCo's 53-year history, will officially take over from Nooyi on October 3. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. As we evolve our approach to sustainability, how we report our progress and success will also evolve. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. Ramon joined PepsiCo in January 1996. [5] [6] Education [ edit] Ramon Laguarta, Chairman of the Board of Directors and Chief Executive Officer of PepsiCo, discusses regenerative farming practices with UK potato farmer, Gavin Janaway, on a recent trip to the UK. endobj "PepsiCo remains committed to taking a leadership role in the creation of a more sustainable food system that preserves the planet and positively impacts people and communities across the world. Author: max morland Created Date: 3/22/2021 2:28:38 PM . This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. Through it all, climate change has continued to increase its impact on our fragile ecosystems, leading to extreme weather, crop failures, and changes in the range and abundance of certain plants and animals. 1. [17], This includes the company's effort to reduce absolute greenhouse gas emissions by at least 20 percent for their entire value chain over a 2015 baseline (roughly 30-35 million metric tons of GHG),[18] as well as their goals by 2025 to make 100% of their packaging recyclable, compostable, or biodegradable and use 25% recycled plastic content in all plastic packaging. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. endobj MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. Most Popular. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. Prior to serving as CEO of ESSA, Ramon also held a variety of positions of increasing responsibility in Europe, including as Commercial Vice President of PepsiCo Europe from 2006 to 2008, President, PepsiCo Eastern Europe Region from 2008 to 2012, President, Developing & Emerging Markets, PepsiCo Europe from 2012 to 2015and Chief Executive Officer, PepsiCo Europe in 2015. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. Ramon, a 22-year PepsiCo veteran, has served as President of PepsiCo since September 2017 with responsibility for shaping the company's corporate strategy, working . Watch Tuesday's full episode of Mad Money with Jim Cramer February 28, 2023, Watch Tuesday's full episode of Fast Money February 28, 2023, Pro Picks: Watch all of Tuesday's big stock calls on CNBC, Watch CNBCs full post-market discussion with Eaton Vances Aaron Dunn and Cresset Capitals Jack Ablin, Watch CNBCs full interview with JPMorgan's Matt Boss. In the report, PepsiCo CEO Ramon Laguarta says, "Even before the COVID-19 pandemic.the food system was under tremendous stress." He goes on to say, "systemic problems require systemic. Husband/dad. PepsiCos headquarters is in Harrison, New York. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. Jan 10, 2019, 16:30 ET. In conversation with Ramon Laguarta. Ramon Luis Laguarta. Every Pepsi CEO has been promoted internally. ", She added: "Laguarta has been a critical partner in running the company, and I'm confident he will take PepsiCo to new and greater heights in the years to come.". In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. In fact, the companys share price also rose to 78%. Mr. Laguarta earned a salary of $1,542,308.00, stock awards of $8,745,056.00, non-equity compensation of $10,222,640.00, and other compensation of $581,364.00. His appointment will become effective October 3, 2018. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. 2023 CNBC LLC. PURCHASE, N.Y., Jan. 10, 2019 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that its Board of Directors has unanimously elected Ramon Laguarta as the company . Ramon Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. "I'm incredibly humbled and privileged to be appointed the next chief executive of PepsiCo, and I want to thank the board of directors for the confidence they have placed in me with their decision," said Laguarta.
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