[11], Laguarta was named president of PepsiCo in September 2017. Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. 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. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. "He is a terrific executive with a long and proven track record of growing businesses. [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. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Ramn Laguarta, el otro espaol en el Foro de Davos, y su mujer independentista El presidente de PepsiCo tendr dos intervenciones en el Foro Econmico Mundial, al que tambin va Pedro Snchez. He was born in 1963. Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Moreover, he will be joining the company as CEO and boards of membersin October 2018. 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . [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. In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. Ramon Laguarta. He has 4 childrenwith his wife but as of now, we do not know the names. [10] While working in Europe, Laguarta helped lead the acquisition in 2010 of Russian dairy and juice company Wimm-Bill-Dann, a deal valued at $5.4 billion, the company's second largest acquisition after its purchase of Quaker Oats in 2001. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. That means the chip you love will start with a sustainably grown potato on a regenerative field. 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. He wants to dominate the convenient foods and beverages market. The revamped digital format seamlessly directs stakeholders to the most relevant information, sitting atop a wealth of detailed data, updated regularly on our time-stamped ESG Topics A-Z resource. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . Lay's is already the worlds largest food brand. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. He was born in 1963. 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 . Natasa Stankovic Height, Weight, Age, Boyfriend, Husband, Biography, Family & More, Lana Condor Height, Weight, Age, Boyfriend, Biography, Net worth, Family & Wiki, Dr. Stella Immanuel (MD) Age, Husband, Biography, Family & More, Abhishek Banerjee (Actor) Height, Age, Wife, Biography, Family & Facts, Jessalyn Grace Wiki, Height, Weight, Age, Bio, Net worth, Family, Affairs & Facts, Andretta Smothers Wiki, Age (Gervonta Davis Girlfriend) Biography, Family, Karen Gallman Wiki, Age, Height, Boyfriend, Biography, Family & More. The QFNA segment includes cereals, rice, and pasta under the Quaker, Pearl Milling Company, Quaker Chewy, Cap'n Crunch, Life, and Rice-A-Roni brands. He also supports social equity and community building efforts. PepsiCo (NASDAQ:PEP) CEO Ramon Laguarta is brushing aside economists' predictions of a coming global recession and voiced his optimism for the next 12 months. Ramon Laguarta is the Chairman and CEO of PepsiCo, one of the world's leading food and beverage companies, with products enjoyed by consumers in more than 200 countries and territories. [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. Ramon Laguarta Chairman and Chief Executive Officer . He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. They sold a total of 52,535 shares worth more than $9,236,484.98. endobj The family was living in Geneva before moving to the US. This material may not be published, broadcast, rewritten, or redistributed. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. Read Also Story of TySimpkinsBiography & his Success Secrets. As a result, it's something the company has . The family was living in Geneva before moving to the US. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Ramon Laguarta was born in 1962 in Barcelona, Spain. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 August 6, 2018, 10:45 AM. In an interview on CNBC during. While speaking with CNBC's Jim Cramer, Laguarta remarked that the first deliveries of . 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. Ramon Luis Laguarta. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. The consent submitted will only be used for data processing originating from this website. Ramon is completely aligned with PepsiCos sustainable packaging vision. Ramon Laguarta (age 58) is from Barcelona, Spain. We call this approach PepsiCo Positive (pep+), reflecting a new reality where consumers, customers, our associates, investors, regulators, and many other stakeholders are becoming more interested in the future of the planet and society. He is the 6th CEO in the company. 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 . Later, he was appointed as the CEO of the company in Europe. [5][6] Ramon Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Also, the CEO made $63.8 billion USD profit. Frankfurt, HE, DE View. "I also want to thank Nooyi for her overwhelming support. I dont believe we should do that. Guided by our philosophy of 'Performance with Purpose' delivering sustained performance while making more nutritious products, limiting our environmental footprint and lifting up all the communities we serve we've made a more meaningful impact in people's lives than I ever dreamed possible.". Powered and implemented byFactSet Digital Solutions. [5] As a result of the promotion, he moved to the United States. Overview. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat. With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. 2023 CNBC LLC. Ramon Laguarta. For email communication, you can write to [emailprotected]. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. Y aunque poco a dado a conocer de su vida privada, se conoce que obtuvo una licenciatura y realiz su MBA en la escuela de negocios ESADE en Barcelona. We and our partners use cookies to Store and/or access information on a device. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. Ramon joined PepsiCo in January 1996. 5+ pepsico.com; gmail.com; yahoo.dk; kraftheinzcompany.com; atkearney.com; arla.com; 5+ +55 21 96621-XXXX +45 21 63 5XXXX +45 29 42 1XXXX +45 89 38 1XXXX +45 33 69 3XXXX +45 33 69 3XXXX . 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. Later, he was appointed as the CEO of the companyin Europe. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. Between 2015 and 2017, Ramon served as Chief Executive Officer, Europe Sub-Saharan Africa ("ESSA"), one of PepsiCo's most complex businesses, with responsibility for leading the company's food and beverages businesses across Europe and its food business in Sub-Saharan Africa. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". "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. Ramon L Laguarta, Pepsico Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology, innovation and. Andy Morton. From a young age, he showed an interest and talent for business. [9] He is married with three children.[24]. Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. A term often applied with little consistency and less intention to various disparate initiatives. That is the future of our company. 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. 2023 FOX News Network, LLC. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. 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. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. Approx. People Like Ramon Laguarta . He has three sons from his wife Maria. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. 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 - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. Manage Settings Pepsico CEO Ramon Laguarta joins 'Closing Bell' to talk about the brands resiliency despite tightened economic conditions, beverage brands benefiting from consumers spending more time at home. % In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. Laguarta has also led attempts to reduce waste by acquiring SodaStream. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. Therefore, his age isFifty-Four (54) years old as in 2018. 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. (Recommended: Coca Cola CEO Email & Net Worth James Quincey). He oversees business strategy and brands. He will become the global giant's sixth CEO. Bangkok, Krung Thep, Thailand View. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. 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. [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. Furthermore, Indra was serving the company for 12 years. FAQ - New Privacy Policy. He was appointed as a CEO of PepsiCo of Europe in 2014. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. Pepsico CEO Ramon Laguarta joins 'Closing Bell' to talk about the brands resiliency despite tightened economic conditions, beverage brands benefiting from consumers spending more time at home. All Rights Reserved. [1], Laguarta was unanimously voted in as PepsiCo's next CEO on 6 August 2018, the same day Indra Nooyi announced she was stepping down. He and his wife, Maria, are the proud parents of three sons. 3 0 obj Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. The FLNA segment consists of branded convenient food businesses in the United States and Canada. Jan 10, 2019, 16:30 ET. Prior to becoming CEO, Ramon was President of PepsiCo, with responsibility for shaping the companys corporate strategy, working closely with business units to deliver top-line growth, driving productivity to enable this growth, and investing in new areas of disruptive innovation, all in support of the company's previously announced Performance with Purpose (PwP) 2025 agenda. This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. 4 min. His appointment will become effective October 3, 2018. PepsiCos headquarters is in Harrison, New York. But now that the U.S. has classified it as "essential for America's National Defense" one little-known company could become America's ONLY fully integrated graphite provider. With a product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. We want to hear from you. On 3 October 2018, the 56-year-old veteran will be leading the company as CEO in the US and also will be part of boards of Directors. Got a confidential news tip? 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. 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. Consciente, con los pies en el suelo, pero "sin miedo". In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. He had his first job at the age of 14, working as a baker's assistant. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. 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. No en vano, es presidente y consejero delegado de PepsiCo, la multinacional estadounidense de los refrescos (Pepsi, Kas y Mountain Dew) y los snacks (Fritos, Lays o Doritos), que en 2018 factur. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. 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. Purposeful leader. 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 . By Siddharth Cavale and Uday Sampath Kumar. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. In the UK, Laguarta will also need to navigate the impact of the 'sugar tax' (a levy on drinks makes which issues fines based on the volume of sugar-sweetened products they make or import at the rate of 18p and 24p a litre), as well as proposed changes to how TV ads for food and drink high in fat, sugar and salt are targeted towards kids. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. 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. Ramon Laguarta (age 58) is from Barcelona, Spain. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. In 12 years as CEO, Nooyi sought to expand PepsiCo's. Required fields are marked *. She has been with the firm for 24 years, joining first as senior vice-president of strategic planning and then becoming chief financial officer before taking the top seat. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. "3 Things to Know About Pepsi's CEO Swap", "Who is Ramon Laguarta, the next CEO of PepsiCo- Business News", "Meet PepsiCo's Next CEO: Ramon Laguarta", "PepsiCo's Indra Nooyi to step down as CEO, President Ramon Laguarta to succeed her", "Ramn Laguarta, el canterano de Chupa-Chups que lanz la Pepsi Max", "5 Things to Know About the Next PepsiCo CEO", "Thunderbird Alumnus Ramon Laguarta Named PepsiCo CEO", "Pepsi's new CEO Ramon Laguarta: Five things to know", "Who is Ramon Laguarta? Mr. Laguarta previously served as president from 2017 to 2018. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. PepsiCo CEO Ramon Laguarta has done MBA from ESADE Business School in Barcelona and Masters in International Management from Thunderbird School of Global Management. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. An example of data being processed may be a unique identifier stored in a cookie. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. Listen to article She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. All of these issues have resulted in a collision of food shortages, supply chain bottlenecks, and a refugee crisis unlike anything Europe has seen since World War II. On this Wikipedia the language links are at the top of the page across from the article title. Age : 59. 2 0 obj 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. 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