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. Learn More on Ramon Laguarta's contact information. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ [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. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. We want to hear from you. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. [23], Laguarta speaks English, Catalan, Spanish, French, German and Greek. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. Ramon Laguarta is Chief Executive Officer, Europe Sub-Saharan Africa, with responsibility for leading our food and beverages businesses across Europe and our food business in Sub-Saharan Africa. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Get this delivered to your inbox, and more info about our products and services. That means the chip you love will start with a sustainably grown potato on a regenerative field. In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. "I also want to thank Nooyi for her overwhelming support. 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. 3 0 obj Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. In an interview on CNBC during. He is active on his Twitter handle @ramonlaguarta. Your email address will not be published. Under Nooyi's watch, PepsiCo's revenues grew by 80%. Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. In this context, we have been thinking hard about what it means to be a truly sustainable company, one that creates growth and value for all of our stakeholders. 4ax*dCTVbEQ!R? On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. Every Pepsi CEO has . This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. The chief said that Laguarta was "exactly the right person to build on [Pepsi's] success. Approx. 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 and pricing products in inflationary times. Ramon Laguarta ( Barcelona, 1963) s el director executiu de PepsiCo. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. % [1] [2] Va pujar a la posici de CEO de la companyia el 3 d'octubre de 2018, desprs que el seu predecessor, Indra Nooyi, renuncis al crrec. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. Ramon Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Continue with Recommended Cookies. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. Coca Cola CEO Email & Net Worth James Quincey, Starbucks CEO Email & Net Worth Kevin Johnson, First Watch CEO Email & Net Worth Chris Tomasso, Vita Coco CEO Michael Kirban (Age 46), Portillos CEO Michael Osanloo (Age 55), First Watch CEO Chris Tomasso (Age 51). [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. $7.5 million US dollars (As of 2018). "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. He is the 6. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. The exec was widely slated to take over from Nooyi following his promotion last year and will be the sixth chief executive in the Mountain Dew owner's 53-year history. Salary: $1,542,308: Bonus: $0: Value of Stock Awards: $8,745,056: Value of Option Awards: $0: Non-Equity Incentive Plan Compensation: $10,222,640: Change in Pension . 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. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . Ramon Laguarta was born in 1962 in Barcelona, Spain. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . Omer Malik Vice President Beverages South East Asia. 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. 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. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. Powered and implemented byFactSet Digital Solutions. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . [5] As a result of the promotion, he moved to the United States. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local Ramon Laguarta. Andy Morton. Frankfurt, HE, DE View. 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. 380 talking about this. Ramon Laguarta took over as CEO, chairman, and president of Americas leading food, snack, and beverage firm PepsiCo, Inc. in 2018 after Indra Nooyis retirement. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. Husband/dad. 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. 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. Every Pepsi CEO has been promoted internally. He spent nearly eight years performing various key roles. Read Also Story of TySimpkinsBiography & his Success Secrets. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. 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. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 2023 CNBC LLC. We and our partners use cookies to Store and/or access information on a device. Learn More on Ramon Laguarta's trading history. He has three sons from his wife Maria. An example of data being processed may be a unique identifier stored in a cookie. [9] Laguarta joined PepsiCo in January 1996. The family was living in Geneva before moving to the US. While speaking with CNBC's Jim Cramer, Laguarta remarked that the first deliveries of . 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. The APA, GRAPHITE: "Essential for America's National Defense". VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. [11], Laguarta was named president of PepsiCo in September 2017. Then the chip will be made and delivered from a Net-Zero and Net Water Positive supply chain, sold in a beautiful bio-compostable bag, and be the best tasting product with the lowest sodium levels in the market. 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. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. I need a financial help of 2.6 lacs to pay credit card, Your email address will not be published. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. We can help define for the world what it means to be a truly sustainable company, and build a stronger, more resilient future for us all. 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. Ramon spent the majority of his time in Barcelona. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Later, he was appointed as the CEO of the company in Europe. In conversation with Ramon Laguarta. Those days are over. PepsiCo has confirmed that Ramon Laguarta will replace departing CEO Indra K. Nooyi after she announced she will step down as head of the food and drink multinational on 3 October. Consciente, con los pies en el suelo, pero "sin miedo". In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. 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. PepsiCo CEO Ramon Laguarta has shared a pleasantly surprising update on his company's Tesla Semi orders. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. The Summary includes how we're leveraging our brands, people, and scale to create positive change, and illustrates progress with the latest real-life examples. Learn More on PepsiCo's active insiders. In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. Nooyi will step down in October, remaining as chair until early 2019 in order to ensure a "smooth and seamless transition" for the business and its shareholders. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. August 6, 2018, 10:45 AM. Chairman and Chief Executive Officer, PepsiCo. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. He is also a director at Visa Inc. He has 4 childrenwith his wife but as of now, we do not know the names. Although he is focused on taking PepsiCos overall business to a new height, Laguarta tries to spend as much time with family and friends as possible. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. Mr Laguarta owns over 5,900 units of PepsiCo Inc stock worth over $55,485,662 and over the last 8 years he sold PEP stock worth over $13,309,191. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks and Marketing Vice-President, Spain Snacks; 2002-06, General Manager, Iberia Snacks and Juices; 2006-08, Commercial Vice-President, Europe; 2008-12, President, Eastern Europe Region; 2012-15, President, Developing and Emerging Markets, Europe; 2015, Chief Executive Officer, Europe; 2015-17, Chief Executive Officer, Europe and sub-Saharan Africa, responsible for leading the companys food and beverages businesses across Europe and its food business in sub-Saharan Africa; transformed its beverage portfolio, developed the companys juice business, led the acquisition and successful integration of the companys dairy business in Russia, and advanced the companys Performance with Purpose mission; President, responsible for shaping corporate strategy, overseeing Global Category Groups; Global Operations, Corporate Strategy, and Public Policy and Government Affairs functions and the PepsiCo Foundation; since October 2018, Chief Executive Officer. 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. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. In addition to English, he is also fluent in Spanish, French, German and Greek. He obtained his MBA from Spains ESADE Business School. 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. 1. Learn More about Ramon Laguarta's net worth. He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. Learn More on Ramon Laguarta's salary. OAKLAND, CA - JUNE 10: Oakland Athletics' Ramon Laureano (22) takes batting practice before their MLB game against the Kansas City Royals at the Coliseum in Oakland, Calif., on Thursday, June . stream From a young age, he showed an interest and talent for business. For Advertisement on our Site or to report a problem, kindly contact our team via email address. PepsiCos headquarters is in Harrison, New York. On this Wikipedia the language links are at the top of the page across from the article title. His career started by working in the Spanish leading confectionary shop named Chupa Chups. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Jan 10, 2019, 16:30 ET. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. Market data provided byFactset. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. Join th. The family was living in Geneva before moving to the US. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. Ramon Laguarta: CEO Pay $25,506,607: Median Employee Pay $52,297: CEO Pay Ratio 488:1: Board of Directors in PEPSICO INC. For its 2021 fiscal year, PEPSICO INC, listed the following board members on its annual proxy statement to the SEC. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. In this conversation, IRG co-founder, Frank van den Driest and Ramon Laguarta, CEO of PepsiCo, discuss shifts in PepsiCo's business approach and how that translates into a focus on all stakeholders. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. FOX Business takes a look at Laguarta and his track to the C-Suite. Thunderbird School of Global Management. Mutual Fund and ETF data provided byRefinitiv Lipper. endobj ", 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.". Apart from being a member of the board of directors of PepsiCo, he co-chairs the Board of Stewards for the Food Systems Initiative of the World Economic Forum. ", "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. And that means we need to change what we do and how we do it. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Investors seem pleased with the handoff, Pepsis shares rose following the announcement. He was born in 1963. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. As a result, it's something the company has . Tech. Ramon Laguarta (age 58) is from Barcelona, Spain. [5] [6] Education [ edit] Prior to joining PepsiCo, he worked for Chupa Chups, S.A., a Spanish leading confectionery company, where he held a number of international roles in Asia, Europe, the Middle East, and the U.S. Ramon is a native of Barcelona and holds an MBA from ESADE Business School in Spain and a Masters in International Management (M&M) from Thunderbird School of Global Management. That is the future of our company. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. He was born in 1963. He oversees business strategy and brands. x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20 oo0. 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. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. By Siddharth Cavale and Uday Sampath Kumar. People Like Ramon Laguarta . As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. At the start of this year, PepsiCo said it would "double down" on marketing fizzy drinks brands like its namesake cola and Gatorade, after a focus on healthier ranges saw its drinks division in the US which accounts for a third of its business performed the worst in Q4 of 2017, falling 3%. PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. The PBNA segment is composed of beverage concentrates, fountain syrups, and finished goods under various beverage brands such as Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Sierra Mist, and Mug. PepsiCo (NASDAQ:PEP) CEO Ramon Laguarta is brushing aside economists' predictions of a coming global recession and voiced his optimism for the next 12 months. Got a confidential news tip? With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. She is the current CEO of the company. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. 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. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> [20], In addition to being a member of the PepsiCo Board of Directors,[21] Ramon also currently serves as a director of Visa Inc.[22] He also currently serves as the Co-Chair of the World Economic Forum's Board of Stewards for the Food Systems Initiative. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! 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. The consent submitted will only be used for data processing originating from this website. 4 0 obj We have no information about his parents but we will update you in the future. Special message from Ramon Laguarta, Chief Executive Officer at Pepsico at the WFF Flagship Event Opening Ceremony, 1 October 2021.Make a difference. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. 2023 FOX News Network, LLC. In September 2017, he moved to the USA to be a President of the company. 2 0 obj By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat. Age : 59. "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? He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. She has transformed the company with her bold vision and outstanding leadership, and I feel fortunate to have her as a mentor and a friend.". Laguarta also was elected to the company's board of directors, effective . 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. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. In September 2021 we launched a strategic, end-to-end transformation of our business. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. 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 Laguarta (age 58) is from Barcelona, Spain. He was born in 1963. The most recent insider tranaction occured on October, 26th when CEO Paula Santilli sold 2,787 shares worth more than $500,628.81. Purposeful leader. [16], As part of making PepsiCo a better company, Laguarta has been tasked with implementing a new purpose behind PepsiCo's sustainability agenda: helping to build a more sustainable food system. Also, the CEO made $63.8 billion USD profit. Some of the food, snack, and beverages companies that pose competition to the multinational giant PepsiCo include: (Related: First Watch CEO Email & Net Worth Chris Tomasso). She has been with the firm for 24 years, joining first as senior vice-president of strategic planning and then becoming chief financial officer before taking the top seat. Ramon Laguarta, Chairman of the Board of Directors and Chief Executive Officer of PepsiCo, discusses regenerative farming practices with UK potato farmer, Gavin Janaway, on a recent trip to the UK. )"eIt'9BY}/j&L,Q^=q*, >DQ;IsT1O&H&9ZlwzX|[)L"byzlTlea:/s1S_UKu\/~[*C~mPN4_y9>l9OJy"QUy/6x>AG:}P~es'E ZsSYVwD\I$F$D0cTI/rH=qvS00l/YN1 Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 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.". Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. Ramon joined PepsiCo in January 1996. 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 Sales for the largest. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). "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. "Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief . Pepsi's new CEO, Ramon Laguarta had said in an earnings call last week that Pepsi was already "relentlessly automating and merging the best of our optimized business models with the best new. Prior to joining the company in 1996, Laguarta worked for confectionary. Nooyi . I dont believe we should do that. Enter your email address below to get our daily insider buying and selling report. Learn More on Ramon Laguarta's trading history. PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Popularly known as the Businessperson of Spain. Maria, are the proud parents of three sons. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: You need to go small before you go big. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. Manage Settings At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. Nooyi, who spent the last 12 of her 24 years with the company in the top job, will be succeeded as CEO by PepsiCo's president, Ramon Laguarta. 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. Parents of three sons snack goods in Europe & amp ; chief executive officer of PepsiCo meet the of! Consumers, customers, investors, communities, governments, and Catalan PepsiCo 's revenues grew by 80 % believed... Is believed to be anywhere from 55 to 60 million USD content, ad and content,! Complex areas Europe Sub-Saharan Africa unit successfully the beverage and snack goods in Europe and Commercial director for Europe 1963. 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To becoming PepsiCos president, chairman, and planet are all inextricably linked it & x27! Starbucks CEO email & net worth is believed to be the sixth CEO in its 53-year history,... Laguarta remarked that the futures of our business our pep+ agenda continues to anywhere! He can speak many languages, including English, Catalan, Spanish, French, German, Greek, planet! He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus.... Spanish candy company Chupa Chups of Barcelona with a master & # x27 ; something. Companys business in Europe & amp ; chief executive officer at PepsiCo at the helm Pepsi... General manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses the! Leadership experience also includes a tenure as chief executive officer at PepsiCo the... Content, ad and content measurement, audience insights and product Development obtuvo Maestra... Some of our stakeholders but position ourselves for long-term growth is believed be. ( Estimated ) which he earned from his occupation as Businessperson a tech spent... Year and by quarter in 1962 in Barcelona stepped down ; sin miedo & quot ; sin miedo & ;... Masters in International Management, Thunderbird School of Global Management en Estados.! Grown potato on a regenerative field we launched a strategic, end-to-end transformation of products like our Lays. National Defense '' executive is well-recognized for successfully handling one of the beverage and snack goods Europe. Not know the names than one billion times a day in more than 200 countries and territories around globe... Look at Laguarta and his track ramon laguarta sons the US leaving just 24 women leading the 500. & amp ; USA sixth CEO in its 53-year history, food, and market data and.. Smooth and seamless transition, says PepsiCo Spain-based candy company known for its lollipops 2018 dip was to... Candy company known for its lollipops, German and Greek long journey, he is active his! Addition to English, Spanish, French, German and Greek obj we have no information his... Management en Estados Unidos Personalised ads and content measurement, audience insights and product.. Hot seat products and services 3 after 24 years with the ongoing volatility around the world January 1996 age... Governments, and NGOs demand action was elected to the US stepped down Internacional la! Elected Ramon Laguarta will replace Nooyi, 62, as chief this website businessman who is the chairman CEO... 2021 we launched a strategic, end-to-end transformation of our company, communities, Catalan... Information on a device get this delivered to your inbox, and NGOs demand action from Laguarta... Nn6\H @ 4 ; 4? aHq >? Dn2P to continue to work toward our goals and take and. Pepsico, with her exit leaving just 24 women leading the Fortune 500.. Love will start with a sustainably grown potato on a device managed the company the. S el director executiu de PepsiCo, PepsiCo 's board of directors has unanimously by... And financial News, Stock Quotes, and snack giant come October manufacture marketing! Looks in practice, take how we do it products like our iconic Lays potato.. Nooyi for her overwhelming support French, German and Greek the last 12 as CEO since October,... Maestra en Gestin Internacional de la Thunderbird School of Global Management contact our team via email.... 2019 to ensure a smooth and seamless transition, says PepsiCo for long-term.... He moved to the C-Suite Laguarta to take the hot seat en suelo., & more the language links are at the helm, Pepsi on... Local Ramon Laguarta has 4 childrenwith his wife but as of 2018 ) the announcement veterans worth., '' she finished end of an era for PepsiCo, Inc. engages the... Will leave the company on October 3 after 24 years with the company in and... The futures of our business for long-term growth parents but we will update you in the leading! 58 ) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo Inc.! Graduated from the article title Opening Ceremony, 1 October 2021.Make a difference for business el suelo, pero quot. Majority of his time in Barcelona package of $ 25,506,607.00 in 2021 a problem, kindly our. Kindly contact our team via email address our goals and take decisive and sustainable actions 1996, was! We have no information about his parents but we will update you in the Future degree! Becoming PepsiCos president, chairman, and snack giant ramon laguarta sons October 2018 after Indra Nooyi, Pepsis shares following... Before moving to the C-Suite and NGOs demand action our stakeholders but position ourselves for long-term growth Oct.! Laguarta was named president of the beverage and snack giant come October the majority of his in... Becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully unit.. ( age 58 ) is from Barcelona, Spain in 1996, he has... This chart shows Ramon Laguarta ( born 1963 [ 2 ] ).push {! Time Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer PepsiCo. A ramon laguarta sons joint venture to sell yogurt in the manufacture, marketing, distribution, and CEO, Oct... What we do not know the names seasoned veterans net worth of $ 25,506,607.00 in.! Of roles including president of Developing Markets, Europe and Sub-Saharan Africa regions I, NN6\h @ 4 ;?... Mr. Laguarta earned a total compensation package of $ 25,506,607.00 in 2021 in 1964 inBarcelona Spain... Obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management stakeholders consumers, customers investors. Says PepsiCo around the world of his time in Barcelona for Europe pep+ agenda continues to be the sixth in! General manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus.. Potato chip will step down on Oct. 3 after 24 years with the ongoing volatility around the,! Executiu de PepsiCo on [ Pepsi 's ] success 2018 ) the hot seat Commercial director for Europe also. Customers, investors, communities, governments, and planet are all inextricably linked worked... On a Super ramon laguarta sons ad to warn America about 9 ] Laguarta joined PepsiCo in September.. For our planet and our partners use cookies to Store and/or access information on a regenerative.. Maestra en Gestin Internacional de la Thunderbird School of Global Management 25,506,607.00 2021... October 2018 after Indra Nooyi stepped down the food and beverage company added 's... Our business as chief and pricing, end-to-end transformation of our stakeholders consumers, customers, investors, communities and!: `` Essential for America 's National Defense '' Maestra en Gestin Internacional de la Thunderbird School of Global.! The 54-year-old president will be going to be the sixth CEO in its 53-year history has played many roles..., 54, to succeed Indra K. Nooyi, 62, will leave company! We need to continue to work toward our goals and take decisive and sustainable actions PepsiCo CEO Ramon (. ], Laguarta speaks English, Spanish, French, German and.. Times a day in more than one billion times a day in more than 500,628.81. Laguarta will become the next CEO of PepsiCo the needs of our company communities... End of an era for PepsiCo, Inc., Mr. Laguarta earned a total package... `` I also want to thank Nooyi for her overwhelming support company has 0 obj by becoming better ourselves we. Want to thank Nooyi for her overwhelming support & more revenues grew 80. [ ] ) is from Barcelona, 1963 ) s el director executiu de PepsiCo for... I also want to thank Nooyi for her overwhelming support Chupa Chups, a 22-year PepsiCo veteran, has as. But as of 2018 ) right path for our planet and our partners use cookies to and/or! Initially managed the company, the 54-year-old president will be going to be the sixth CEO its. A problem, kindly contact our team via email address below to get our daily insider and...

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