Thunderbird School of Global Management. In some ways, sustainability used to be a side project or a distraction: a drain on precious resources and a potential drag on the bottom line. 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. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. 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. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. endobj Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. Ramon spent the majority of his time in Barcelona. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. In September 2017, he moved to the USA to be a President of the company. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. 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). Nooyi . <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. 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 said price elasticity around the world has fallen - with PepsiCo expecting to be able to pass through the cost inflation it is feeling. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. 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 Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. 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. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. % The impact of the earthquake is devastating. He is seen as one of the most successful Businessperson of all times. 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. All rights reserved. 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. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. Laguarta will be just the sixth CEO of the company in its 53 years of business. For Advertisement on our Site or to report a problem, kindly contact our team via email address. Ramon Laguarta was born in 1962 in Barcelona, Spain. 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. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. [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. 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. The FLNA segment consists of branded convenient food businesses in the United States and Canada. 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. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. 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 . 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. Moreover, he will be joining the company as CEO and boards of membersin October 2018. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. 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.. In fact, after graduation, he went toESADE business school for his MBA Degree. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. A Division of NBCUniversal. He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. He is the 6th CEO in the company. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO 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. endobj Jan 10, 2019, 16:30 ET. 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. Between 2015 and 2017, Ramon served as Chief Executive Officer, Europe Sub-Saharan Africa (ESSA), one of PepsiCos most complex businesses, with responsibility for leading the companys food and beverages businesses across Europe and its food business in Sub-Saharan Africa. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. 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 . Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ramon Laguarta (age 58) is from Barcelona, Spain. I need a financial help of 2.6 lacs to pay credit card, Your email address will not be published. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. He is the 6th CEO in the company. 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. CEO in the company. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. 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. Linked companies : Visa Inc. - PepsiCo, Inc. Mr. Laguarta owns 310,757 shares of PepsiCo stock worth more than $53,925,662 as of March 1st. 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 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 min. 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? 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%. [5] As a result of the promotion, he moved to the United States. 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. 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. 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. He will officially take over the position of CEO on after Indra Nooyi. Learn More on PepsiCo's active insiders. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . 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 . They want a more focused, more integrated approach that places sustainability at the heart of business operations. He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. "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. He is active on his Twitter handle @ramonlaguarta. 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. Tech. Omer Malik Vice President Beverages South East Asia. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. Mutual Fund and ETF data provided byRefinitiv Lipper. 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. "He is a terrific executive with a long and proven track record of growing businesses. Ramon Laguarta. His career started by working in the Spanish leading confectionary shop named Chupa Chups. The family was living in Geneva before moving to the US. [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. Those days are over. 2 0 obj During the last twelve months, insiders at the sold shares 8 times. That means the chip you love will start with a sustainably grown potato on a regenerative field. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. 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 has 4 childrenwith his wife but as of now, we do not know the names. Later, he moved to the USA to be a President of a multinational company. Manage Settings Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. [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. E-commerce. For email communication, you can write to [emailprotected]. 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. 4 0 obj Sign up for free newsletters and get more CNBC delivered to your inbox. He will become the global giant's sixth CEO. August 6, 2018, 10:45 AM. Continue with Recommended Cookies. Learn More on Ramon Laguarta's trading history. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. In 12 years as CEO, Nooyi sought to expand PepsiCo's. Learn More about Ramon Laguarta's net worth. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . 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. Market data provided byFactset. "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. 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. He belongs to Spanish nationality. Laguarta's appointment marks the company's tradition. Ramon Luis Laguarta. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. Learn More on Ramon Laguarta's salary. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local Legal Statement. x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20 oo0. Also, the CEO made $63.8 billion USD profit. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 By Siddharth Cavale and Uday Sampath Kumar. She will remain as chairman until early 2019. He is also a director at Visa Inc. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. CEO & Chairman of PepsiCo. Ramon Laguarta ( Barcelona, 1963) s el director executiu de PepsiCo. Learn More about Ramon Laguarta's net worth. 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. Ramon is completely aligned with PepsiCos sustainable packaging vision. PepsiCos market cap is estimated to be 195 to 211 billion USD. Consciente, con los pies en el suelo, pero "sin miedo". 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. Communities, governments, and CEO, Ramon Laguarta was born in 1962 in Barcelona, ;! As a result of the business 's stock in a strong position continued. 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