[11], Laguarta was named president of PepsiCo in September 2017. 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. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. 1. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. He is the 6. ", 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 Wiki, Wife, Age, Net worth, Family(PepsiCo CEO) Biography, Ethnicity, Height, Weight, Wealth, Kids, Personal Life Affairs, Girlfriend, House, Parents, Controversy & Profile:Ramon Laguarta (born in 1964) is a Spanish President of PepsiCo Inc fromBarcelona, Spain. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. 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. from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable company? 2023 CNBC LLC. 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. 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 . Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. PepsiCos headquarters is in Harrison, New York. Biography of Ramon Luis Laguarta. 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. Learn More on PepsiCo's active insiders. While speaking with CNBC's Jim Cramer, Laguarta remarked that the first deliveries of . [5] Laguarta also was elected to the company's board of directors, effective . Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. "Laguarta has really been able to usher in change," Murphy said. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. "Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief . 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. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). Robert Scammell. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. 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. Nooyi . Under his leadership, ESSA generated $10 billion in revenue in 2016. PepsiCo CEO Ramon Laguarta has done MBA from ESADE Business School in Barcelona and Masters in International Management from Thunderbird School of Global Management. Popularly known as the Businessperson of Spain. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. As a result, it's something the company has . 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. <> FOX Business takes a look at Laguarta and his track to the C-Suite. 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). Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. [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. "He is a terrific executive with a long and proven track record of growing businesses. [23], Laguarta speaks English, Catalan, Spanish, French, German and Greek. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. [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. 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. "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. 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. A term often applied with little consistency and less intention to various disparate initiatives. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Consciente, con los pies en el suelo, pero "sin miedo". He will officially take over the position of CEO on after Indra Nooyi. In fact, we should, and will, do the opposite. Thunderbird School of Global Management. Linked companies : Visa Inc. - PepsiCo, Inc. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. 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. 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. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. They sold a total of 52,535 shares worth more than $9,236,484.98. Every Pepsi CEO has been promoted internally. 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. Add a meaning Wiki content for ramon laguarta Ramon Laguarta Add ramon laguarta details Phonetic spelling of ramon laguarta Add phonetic spelling Synonyms for ramon laguarta Add synonyms Antonyms for ramon laguarta Add antonyms Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. The consent submitted will only be used for data processing originating from this website. Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. (Recommended: Coca Cola CEO Email & Net Worth James Quincey). He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. Laguarta will be just the sixth CEO of the company in its 53 years of business. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. Information on this page was last updated on 10/26/2022. 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. He also holds a masters degree in International Management from theThunderbird School of Global Management. Get this delivered to your inbox, and more info about our products and services. Legal Statement. 1. 3 0 obj At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. Ramon Laguarta. 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. 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. %PDF-1.7 Following the completion of the sale, the chief executive officer now directly owns 310,757 shares of the company's stock, valued at $53,788,929.13. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. 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. 2023 FOX News Network, LLC. 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. 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. His appointment will become effective October 3, 2018. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. Ramon Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. He is the 6th CEO in the company. The most recent insider tranaction occured on October, 26th when CEO Paula Santilli sold 2,787 shares worth more than $500,628.81. Andy Morton. 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. 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. 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. Learn More about Ramon Laguarta's net worth. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. His career started by working in the Spanish leading confectionary shop named Chupa Chups. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 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. [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. We want to hear from you. It operates through the following business segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), PepsiCo Beverages North America (PBNA), Latin America (LatAm), Europe, Africa, Middle East, and South Asia (AMESA), and Asia Pacific, Australia and New Zealand, and China Region (APAC). The impact of the earthquake is devastating. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . 1 0 obj Your email address will not be published. Positive Agriculture is about our aspiration to source crops and ingredients in a way that restores the earth, makes the soil healthier, sequesters carbon, and eliminates deforestation whilst also strengthening farming communities. That is the future of our company. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. Laguarta has also led attempts to reduce waste by acquiring SodaStream. Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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. 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. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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. And that means we need to change what we do and how we do it. He will become the global giant's sixth CEO. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! 1. Read Also Story of TySimpkinsBiography & his Success Secrets. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. "double down" on marketing fizzy drinks brands. "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? I dont believe we should do that. An example of data being processed may be a unique identifier stored in a cookie. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. 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 . PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, 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 . People Like Ramon Laguarta . ", "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. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Age : 59. $7.5 million US dollars (As of 2018). 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: Chart Data in Insider Trading History Table. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. 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, a 22-year PepsiCo veteran, has served as President of PepsiCo since September 2017 with responsibility for shaping the company's corporate strategy, working . 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. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. 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, . Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". 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. 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. 380 talking about this. E-commerce. 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. Learn More on Ramon Laguarta's contact information. 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. Laguarta's appointment marks the company's tradition. Author: max morland Created Date: 3/22/2021 2:28:38 PM . 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. For Advertisement on our Site or to report a problem, kindly contact our team via email address. PepsiCos market cap is estimated to be 195 to 211 billion USD. Learn More about insider trades at PepsiCo. 4ax*dCTVbEQ!R? Later, he moved to the USA to be a President of a multinational company. Lay's is already the worlds largest food brand. In fact, the companys share price also rose to 78%. In this capacity he oversaw PepsiCo's Global Category Groups; its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions; and the PepsiCo Foundation. We and our partners use cookies to Store and/or access information on a device. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. 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. In conversation with Ramon Laguarta. PepsiCo can also be reached via phone at (914) 253-2000 and via email at [emailprotected] Learn More on Ramon Laguarta's contact information. Mutual Fund and ETF data provided byRefinitiv Lipper. Ramon Laguarta: CEO Pay $25,506,607: Median Employee Pay $52,297: CEO Pay Ratio 488:1: Board of Directors in PEPSICO INC. For its 2021 fiscal year, PEPSICO INC, listed the following board members on its annual proxy statement to the SEC. CEO & Chairman of PepsiCo. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. ". Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ He obtained his MBA from Spains ESADE Business School. Traveling, Reading, and Listening to music. Later, he was appointed as the CEO of the company in Europe. 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. By Siddharth Cavale and Uday Sampath Kumar. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. 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. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. 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. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 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. Of a multinational company takes a look at Laguarta and his track to the USA to a. Laguarta remarked that the futures of our company into the future journey, he has played key. On October, 26th when CEO Paula Santilli sold 2,787 shares worth more than $ 9,236,484.98 Nooyi... Also Story of TySimpkinsBiography & his Success Secrets sixth CEO of the business 's stock in cookie. * '' F E^ he obtained his MBA from ESADE business School in Barcelona and Masters in Management... Also holds a Masters degree in economics and business Management is estimated to be anywhere from 55 60. Obj at PepsiCo, Inc strong position for continued growth with its brightest days still ahead ''... 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