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). The news is confirmed by the PepsiCo officially page by a tweet. <> 1. 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. 2023 FOX News Network, LLC. Later, he was appointed as the CEO of the companyin Europe. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. [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. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. In September 2021 we launched a strategic, end-to-end transformation of our business. Author: max morland Created Date: 3/22/2021 2:28:38 PM . All rights reserved. Popularly known as the Businessperson of Spain. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. He is the 6. [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. Data is a real-time snapshot *Data is delayed at least 15 minutes. This role was effective in January 2015. [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. In conversation with Ramon Laguarta. People Like Ramon Laguarta . 3 0 obj Sign up for free newsletters and get more CNBC delivered to your inbox. FOX Business takes a look at Laguarta and his track to the C-Suite. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. He is also a director at Visa Inc. Investors seem pleased with the handoff, Pepsis shares rose following the announcement. The family was living in Geneva before moving to the US. 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 . Ramon Laguarta. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. Ramn Laguarta es el presidente. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . He has three sons from his wife Maria. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. Ramon Laguarta Chairman and Chief Executive Officer . Ramon joined PepsiCo in January 1996. Laguarta fue ascendiendo y ocupando cargos cada vez ms internacionales. He will officially take over the position of CEO on after Indra Nooyi. Torben Nielsen Managing Director, Germany and Austria and Switzerland. 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. 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. Ramon Laguarta is the Chief Executive Officer of PepsiCo. He has 4 childrenwith his wife but as of now, we do not know the names. Mr. Laguarta previously served as president from 2017 to 2018. 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 . Frankfurt, HE, DE View. 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 family was living in Geneva before moving to the US. An example of data being processed may be a unique identifier stored in a cookie. Mr. Laguarta previously served as president from 2017 to 2018. 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. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. 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 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. 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. ", 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.". Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. By Siddharth Cavale and Uday Sampath Kumar. 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%. endobj 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. Later, he was appointed as the CEO of the company in Europe. 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. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. The FLNA segment consists of branded convenient food businesses in the United States and Canada. 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. Nooyi . His career started by working in the Spanish leading confectionary shop named Chupa Chups. Listen to article 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. Believer in simplicity, accountability, executional excellence. endobj Learn More on Ramon Laguarta's trading history. Manage Settings He was appointed as a CEO of PepsiCo of Europe in 2014. Indra Nooyi to step down as PepsiCo CEO, Ramon Laguarta to succeed Nooyi, 62, who has been with the company for 24 years, will continue as chairman of the board until early 2019. Positive Value Chain is our focus on making products that build a circular and inclusive economy, including goals for reaching net-zero emissions, becoming net water positive, introducing more sustainable packaging, continuing our Racial Equality Journey, among others. In an interview on CNBC during. 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. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 4 0 obj Powered and implemented byFactSet Digital Solutions. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. He is seen as one of the most successful Businessperson of all times. COMPANY CONFORMED NAME: Laguarta Ramon CENTRAL INDEX KEY: 0001630253 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01183 FILM NUMBER: 171135008 MAIL ADDRESS: STREET 1: PEPSICO, INC., 700 ANDERSON HILL ROAD CITY: PURCHASE STATE: NY ZIP: 10577 ISSUER: COMPANY DATA: He has three sons from his wife Maria. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. Heres how much it will cost. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. Our PepsiCo Foundation team is working closely with our non-profit partners to. Mutual Fund and ETF data provided byRefinitiv Lipper. "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. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. Got a confidential news tip? 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. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. He has been with the company for 22 years, previously serving as Pepsis Europe and Sub-Saharan Africa CEO, and currently serving as President of the company. Continue with Recommended Cookies. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? 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. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. 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. 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. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> Ramon Laguarta. [citation needed] His first role was in the company's European business, and in 2014 became the CEO of the entire Europe and Sub-Saharan Africa (ESSA) sector. For Advertisement on our Site or to report a problem, kindly contact our team via email address. 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. 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. )"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 During the last twelve months, insiders at the sold shares 8 times. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. Maria, are the proud parents of three sons. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. ". Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. 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 . Suggested: Apple CEO Bio - Tim Cook Net Worth, Salary, Career, & More, American Express CEO - Stephen Squeri Net Worth, Salary, Age, & More, https://www.linkedin.com/in/ramonlaguarta, . In 12 years as CEO, Nooyi sought to expand PepsiCo's. Get this delivered to your inbox, and more info about our products and services. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. Thunderbird School of Global Management. He obtained his MBA from Spains ESADE Business School. Learn More on Ramon Laguarta's contact information. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. 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] [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. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. Legal Statement. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! [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. For email communication, you can write to [emailprotected]. E-commerce. [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. PepsiCo can also be reached via phone at (914) 253-2000 and via email at [emailprotected] Learn More on Ramon Laguarta's contact information. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. Learn More on PepsiCo's active insiders. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. 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. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. As per his marital status, we have information that Ramon is married. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. "Laguarta has really been able to usher in change," Murphy said. 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. PepsiCos market cap is estimated to be 195 to 211 billion USD. 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. Learn More about Ramon Laguarta's net worth. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . 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. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). From a young age, he showed an interest and talent for business. A term often applied with little consistency and less intention to various disparate initiatives. Furthermore, Indra was serving the company for 12 years. Laguarta has also led attempts to reduce waste by acquiring SodaStream. Billions could be poured into exploration companies searching for new U.S. deposits. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. 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 Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. [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. Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. [5] PepsiCo has confirmed that Ramon Laguarta will replace departing CEO Indra K. Nooyi after she announced she will step down as head of the food and drink multinational on 3 October. Pepsico CEO Ramon Laguarta joins 'Closing Bell' to talk about the brands resiliency despite tightened economic conditions, beverage brands benefiting from consumers spending more time at home. 2 0 obj PY$,*C2*g#yAdIaG)rO.QaB*"F E^ Ramon Laguarta. He was born in 1963. En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. 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. Biography of Ramon Luis Laguarta. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. We and our partners use cookies to Store and/or access information on a device. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world, and generated more than $63 billion in net revenue in 2017, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. Also, the CEO made $63.8 billion USD profit. The family was living in Geneva before moving to the US. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. 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Author: max morland Created Date: 3/22/2021 2:28:38 PM interest and talent development are his strengths as from... Businessman who is the chairman and chief executive officer of Europe in 2014 searching for new U.S... Started by working in the Spanish leading confectionary shop named Chupa Chups 2017 to 2018, Texas Instruments resigns... & quot ; Murphy said director at Visa Inc. Investors seem pleased the! And public policy and government affairs functions worth is believed to be anywhere from 55 to million. The Fourth Industrial Revolution will officially take over the position of CEO on after Indra.. ) which he earned from his occupation as Businessperson information on a device 173.09, a., 2022 born 1963 [ 2 ] ) is a Spanish businessman who is the chief executive officer of.! Obj PY $, * C2 * g # yAdIaG ) rO.QaB * '' F E^ ramon Laguarta will the...