Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Information on this page was last updated on 10/26/2022. PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. 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. By Siddharth Cavale and Uday Sampath Kumar. 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 . 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. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Laguarta fue ascendiendo y ocupando cargos cada vez ms internacionales. Chart Data in Insider Trading History Table. He spent nearly eight years performing various key roles. Moreover, he will be joining the company as CEO and boards of membersin October 2018. 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. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. Learn More on Ramon Laguarta's contact information. 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. Learn More on Ramon Laguarta's trading history. (Recommended: Coca Cola CEO Email & Net Worth James Quincey). 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. [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. 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. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. [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. Omer Malik Vice President Beverages South East Asia. Overview. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. Laguarta will be just the sixth CEO of the company in its 53 years of business. In conversation with Ramon Laguarta. Later, he was appointed as the CEO of the company in Europe. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. 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. 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. 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%. Ramon Laguarta Chairman and Chief Executive Officer . People Like Ramon Laguarta . This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. 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. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. 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. He wants to dominate the convenient foods and beverages market. "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. Ramon Laguarta was born in 1962 in Barcelona, Spain. Continue with Recommended Cookies. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: You need to go small before you go big. Sign up for free newsletters and get more CNBC delivered to your inbox. Frankfurt, HE, DE View. Ramon is completely aligned with PepsiCos sustainable packaging vision. 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. Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. Heres how much it will cost. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. As per his marital status, we have information that Ramon is married. Believer in simplicity, accountability, executional excellence. 3 0 obj Ramon joined PepsiCo in January 1996. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 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. In 12 years as CEO, Nooyi sought to expand PepsiCo's. He has 4 childrenwith his wife but as of now, we do not know the names. 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. They sold a total of 52,535 shares worth more than $9,236,484.98. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. As we evolve our approach to sustainability, how we report our progress and success will also evolve. [5] As a result of the promotion, he moved to the United States. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. Andy Morton. E-commerce. Required fields are marked *. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. [9] He is married with three children.[24]. For Advertisement on our Site or to report a problem, kindly contact our team via email address. from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable company? PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. He is active on his Twitter handle @ramonlaguarta. Traveling, Reading, and Listening to music. Mr. Laguarta previously served as president from 2017 to 2018. He has three sons from his wife Maria. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM 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. 4ax*dCTVbEQ!R? x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20 oo0. "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. She is the current CEO of the company. [15] Since becoming CEO of PepsiCo, Laguarta established three priorities to lead the company: Accelerating the company's rate of organic revenue growth; becoming a stronger company; and becoming a better company. This role was effective in January 2015. 1. 1. [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. Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. Got a confidential news tip? 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. [14] Laguarta has been working at PepsiCo for over 20 years, his previous roles including CEO for Europe Sub-Saharan Africa, president for the PepsiCo Eastern Europe Region, commercial Vice President for PepsiCo Europe, general manager for Iberia Snacks and Juices and General Manager for Greece Snacks. 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. 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. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. On this Wikipedia the language links are at the top of the page across from the article title. 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. Join th. Listen to article This material may not be published, broadcast, rewritten, or redistributed. Ramon Luis Laguarta. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. endobj He is also a director at Visa Inc. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. Ramon spent the majority of his time in Barcelona. Author: max morland Created Date: 3/22/2021 2:28:38 PM . Approx. In an interview on CNBC during. A Division of NBCUniversal. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. endobj [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. All rights reserved. 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. PepsiCo CEO Ramon Laguarta has done MBA from ESADE Business School in Barcelona and Masters in International Management from Thunderbird School of Global Management. And that means we need to change what we do and how we do it. Tech. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. 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.". Linked companies : Visa Inc. - PepsiCo, Inc. He has three sons from his wife Maria. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. 2 0 obj Laguarta has also led attempts to reduce waste by acquiring SodaStream. 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. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. Under his leadership, ESSA generated $10 billion in revenue in 2016. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. Every Pepsi CEO has . Insiders at PepsiCo own 0.1% of the company. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. Mr. Laguarta previously served as president from 2017 to 2018. Most Popular. [20], In addition to being a member of the PepsiCo Board of Directors,[21] Ramon also currently serves as a director of Visa Inc.[22] He also currently serves as the Co-Chair of the World Economic Forum's Board of Stewards for the Food Systems Initiative. Positive Agriculture is about our aspiration to source crops and ingredients in a way that restores the earth, makes the soil healthier, sequesters carbon, and eliminates deforestation whilst also strengthening farming communities. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ Lay's is already the worlds largest food brand. PepsiCo's chief executive Indra Nooyi, who has been at the helm of the drinks giant for the past 12 years, is to step down from her role and pass the baton on to current president and former marketer Ramon Laguarta. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. endobj Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Age : 59. Laguarta's appointment marks the company's tradition. 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. He also holds a masters degree in International Management from theThunderbird School of Global Management. [11], Laguarta was named president of PepsiCo in September 2017. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. PepsiCo can also be reached via phone at (914) 253-2000 and via email at [emailprotected] Learn More on Ramon Laguarta's contact information. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. 1 0 obj He had his first job at the age of 14, working as a baker's assistant. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. He is the sixth person to take the responsibility of CEO of the company as his predecessor Indra Nooyi stepped down the position on October 3, 2018. He is the 6th CEO in the company. 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. Torben Nielsen Managing Director, Germany and Austria and Switzerland. The consent submitted will only be used for data processing originating from this website. We want to hear from you. With a product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. 380 talking about this. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> He is the 6th CEO in the company. In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. 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? [5][6] Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local [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. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. 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: Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. Nooyi's spell leading PepsiCo has been particularly strong, with net revenue growth rising from $35bn in 2006 to $63.5bn last year under year watch. He obtained his MBA from Spains ESADE Business School. 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. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Pepsico today is in a transaction on Friday, October 21st ramon Laguarta... Moved to the United States holds a Masters degree in International Management, Thunderbird of! As VP Business development of Snacks, Spain ; Masters in International Management from School! Una Maestra en Gestin Internacional de la Thunderbird School of Global Management governments and... Who will help lead our company into the Future CEO of the company in Europe [ ]... 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