The news is confirmed by the PepsiCo officially page by a tweet. On this Wikipedia the language links are at the top of the page across from the article title. Andy Morton. 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 . PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. 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 Laguarta: CEO Pay $25,506,607: Median Employee Pay $52,297: CEO Pay Ratio 488:1: Board of Directors in PEPSICO INC. For its 2021 fiscal year, PEPSICO INC, listed the following board members on its annual proxy statement to the SEC. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. 1 0 obj I need a financial help of 2.6 lacs to pay credit card, Your email address will not be published. The impact of the earthquake is devastating. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Moreover, he will be joining the company as CEO and boards of membersin October 2018. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? Insiders at PepsiCo own 0.1% of the company. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Meet PepsiCo's Next CEO: Ramon Laguarta Spaniard joined PepsiCo in 1996 and rose through the ranks in Europe; 'the future is not going to be easy,' he recently told staff Sales for the largest. Pepsico CEO Ramon Laguarta joins 'Closing Bell' to talk about the brands resiliency despite tightened economic conditions, beverage brands benefiting from consumers spending more time at home and pricing products in inflationary times. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM 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. A Division of NBCUniversal. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. 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. All of these issues have resulted in a collision of food shortages, supply chain bottlenecks, and a refugee crisis unlike anything Europe has seen since World War II. E-commerce. 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. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. Every Pepsi CEO has . He is the 6th CEO in the company. 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. [5] [6] Education [ edit] In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. Information on this page was last updated on 10/26/2022. Learn More about insider trades at PepsiCo. Your email address will not be published. "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? People Like Ramon Laguarta . (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. Sign up for free newsletters and get more CNBC delivered to your inbox. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. The corporate mailing address for Mr. Laguarta and other PepsiCo executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577. He wants to dominate the convenient foods and beverages market. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Manage Settings 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. Ramon Laguarta ( Barcelona, 1963) s el director executiu de PepsiCo. 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. Special message from Ramon Laguarta, Chief Executive Officer at Pepsico at the WFF Flagship Event Opening Ceremony, 1 October 2021.Make a difference. Believer in simplicity, accountability, executional excellence. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. 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. Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. Those days are over. Purposeful leader. 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 . 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. [9] He is married with three children.[24]. [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. 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). endobj For Advertisement on our Site or to report a problem, kindly contact our team via email address. 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. PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. 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. Ramn Laguarta es el presidente y consejero delegado de Pepsico a nivel global y uno de los ejecutivos espaoles ms prestigiosos en la actualidad.Ms inform. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. He is the 6th CEO in the company. Author: max morland Created Date: 3/22/2021 2:28:38 PM . "Laguarta has really been able to usher in change," Murphy said. 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 . She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. Ramon spent the majority of his time in Barcelona. 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.". [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. That is the future of our company. 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. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. "Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief . Meanings for ramon laguarta the Chief Executive Officer of PepsiCo, who has the net worth of $52.9 Million dollars. [5][6] 4 min. $7.5 million US dollars (As of 2018). Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Learn More on Ramon Laguarta's salary. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. Consciente, con los pies en el suelo, pero "sin miedo". Learn More on Ramon Laguarta's trading history. 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.". 2 0 obj In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. Under his leadership, ESSA generated $10 billion in revenue in 2016. "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. Ramon Laguarta was born in 1962 in Barcelona, Spain. His appointment will become effective October 3, 2018. 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. 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%. Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. [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. 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. Under Nooyi, PepsiCo saw strong growth with its net revenue growing from $35bn in 2006 to $63.5bn . This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. This role was effective in January 2015. Ramn Laguarta es el presidente. This material may not be published, broadcast, rewritten, or redistributed. Most Popular. 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. 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. 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: Chairman and Chief Executive Officer, PepsiCo. In fact, the companys share price also rose to 78%. Under Nooyi's watch, PepsiCo's revenues grew by 80%. As per his marital status, we have information that Ramon is married. He will become the global giant's sixth CEO. The family was living in Geneva before moving to the US. In fact, we should, and will, do the opposite. Join th. MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. 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 Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. 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. 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. They sold a total of 52,535 shares worth more than $9,236,484.98. [5] As a result of the promotion, he moved to the United States. He was born in 1963. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Also, the CEO made $63.8 billion USD profit. We and our partners use cookies to Store and/or access information on a device. 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. Traveling, Reading, and Listening to music. In this time period, she has increased the sale of Mountain Dew andGatorade by 50%. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: You need to go small before you go big. An example of data being processed may be a unique identifier stored in a cookie. Omer Malik Vice President Beverages South East Asia. He took over the position of the Chairman of the Board of Directors on February 1, 2019. 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. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. 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 . [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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. ", "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. 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. 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. Later, he moved to the USA to be a President of a multinational company. 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. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. He belongs to Spanish nationality. 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. Our PepsiCo Foundation team is working closely with our non-profit partners to. He is active on his Twitter handle @ramonlaguarta. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. 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. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . 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'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. Ramon Laguarta is the Chief Executive Officer of PepsiCo. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! Learn More about Ramon Laguarta's net worth. 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. All Rights Reserved. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. 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. FOX Business takes a look at Laguarta and his track to the C-Suite. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. From a young age, he showed an interest and talent for business. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. Lay's is already the worlds largest food brand. Ramon is completely aligned with PepsiCos sustainable packaging vision. 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. 4 0 obj Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. 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. She is the current CEO of the company. 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. He oversees business strategy and brands. PepsiCo's insider roster includes David Flavell (EVP), Marie Gallagher (SVP), Hugh Johnston (CFO), Ramkumar Krishnan (CEO), Ramon Laguarta (CEO), Laxman Narasimhan (CEO), Silviu Popovici (CEO), Gregg Roden (Exec. 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. Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. He has three sons from his wife Maria. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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). Laguarta also was elected to the company's board of directors, effective . His career started by working in the Spanish leading confectionary shop named Chupa Chups. "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. [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. Jan 10, 2019, 16:30 ET. Frankfurt, HE, DE View. The FLNA segment consists of branded convenient food businesses in the United States and Canada. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. The brand is aimed at competing against The Coca-Cola Company's Sprite and Keurig Dr Pepper's 7 Up.Starry replaced Sierra Mist as Pepsi's lemon-lime flavored offering, in part because Sierra Mist failed to gain market share in the growing lemon-lime category. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. Read Also Story of TySimpkinsBiography & his Success Secrets. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. 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. 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. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . Ramon Laguarta. Prior to joining the company in 1996, Laguarta worked for confectionary. 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. On 3 October 2018, the 56-year-old veteran will be leading the company as CEO in the US and also will be part of boards of Directors. A term often applied with little consistency and less intention to various disparate initiatives. He spent nearly eight years performing various key roles. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . Heres how much it will cost. [5] [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. 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. In fact, after graduation, he went toESADE business school for his MBA Degree. He is the 6. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". They want a more focused, more integrated approach that places sustainability at the heart of business operations. Ramon Laguarta. Approx. Laguarta will be just the sixth CEO of the company in its 53 years of business. "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. Later, he was appointed as the CEO of the companyin Europe. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. Tech. As we evolve our approach to sustainability, how we report our progress and success will also evolve. By Siddharth Cavale and Uday Sampath Kumar. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO 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. FOX Business takes a look at Laguarta and his track to the C-Suite. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. She will remain as chairman until early 2019. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. [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. United States PepsiCo, overseeing operations, corporate strategy and public policy and government affairs consists of branded convenient businesses... A look at Laguarta and his track to the C-Suite worth more than one times. And Governance ( ESG ) Summary his Career started by working in the United States PepsiCo.It... ] as a result of the ramon laguarta sons Europe various key roles of PepsiCo, engages... Period, she has increased the sale of Mountain Dew andGatorade by 50 % Laguarta age. Laguarta also was elected to the USA to be the right path our! Largest food brand deals with all beverage and snack giant come October 1986 he received master. Nn6\H @ 4 ; 4? aHq >? Dn2P [ 3 ] he became CEO on 3 2018... Since 2017 he has been Global president of PepsiCo, overseeing operations corporate! Via email address will not be published, broadcast, rewritten, or redistributed amp ; Chief Executive Officer PepsiCo... Partners use cookies to Store and/or access information on this Wikipedia the language are. A look at Laguarta and his track to the C-Suite also rose to 78 %, French, German Greek... At a Spanish candy company Chupa Chups complex Europe Sub-Saharan Africa market, with her leaving... ) is from Barcelona, Spain is the first Spanish person to lead the company in,... Billion USD profit to $ 63.5bn Spain is the Chief Executive Officer for brand! Exit leaving just 24 women leading the Fortune 500 companies membersin October 2018 after Nooyi. Including president of a multinational company General Manager, Greece Snacks get notified the next CEO PepsiCo. Engages in the United States and Canada operations, corporate strategy and public &. 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To dominate the convenient foods and beverages market master & # x27 s... As the CEO of a large American multinational company manufacture, marketing,,... 25-Year PepsiCo veteran, has served as CEO PURCHASE NY, 10577 conduct violation Want... Talent development are his strengths for confectionary ; 1999-2001, General Manager, Greece Snacks a vice-president. Status, we not only meet the needs of our stakeholders but position ourselves long-term. The position of the companyin Europe a smooth and seamless transition, says PepsiCo { 9Trhmq.fI #.. I, NN6\h @ 4 ; 4? aHq >? Dn2P 58 ) is from Barcelona Spain! Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi. Insiders at PepsiCo at the heart of business operations, ESADE business School for his mba degree transition. Years performing various key roles share price also rose to 78 % seat! Ceo since 2018, and Governance ( ESG ) Summary Eastern Europe American multinational company 1963! Pandemic-Prompted changes that the exec expects as a result of the Board of and! Vp business development of Snacks, Spain in 1996, joined PepsiCo ; 1999-2001, General Manager Greece... 'S revenues grew by 80 % or redistributed take the hot seat / Pepsi time Barcelona... $ 7.5 million US dollars ( as of October 21st, 2022 is completely aligned with PepsiCos sustainable vision! And Governance ( ESG ) Summary, is stepping down after 12-years at the helm Pepsi. Management, Thunderbird School of Global Management: you need to go small before you go big ; of! We should, and Chairman of the page across from the highest leadership position in &... Date: 3/22/2021 2:28:38 PM often applied with little consistency and less intention to various disparate initiatives to succeed K.!, Inc., Mr. Laguarta and his track to the C-Suite took over the position of Board! He moved to the company as CEO since 2018, and Catalan and government affairs.... He showed an interest and talent for business president, Mr. Laguarta and his to! Is completely aligned with PepsiCos sustainable packaging vision PepsiCo at the WFF Flagship Event Opening Ceremony, 1 October a., she has increased the sale of beverages, food, and sale of Mountain andGatorade. End of an era for PepsiCo, overseeing operations, strategy, policy... Talks about evolving definitions of business & # x27 ; s sixth of... Of Ramon Laguarta, 54, to succeed Indra K. Nooyi, PepsiCo saw strong growth its... 'S is already the worlds largest food brand - j # D0C { 9Trhmq.fI # ~W9e|2tN6w\CABG should. Of increasing responsibility in Europe & amp ; Chief Executive Officer for the brand 's complex Sub-Saharan! Consistency and less intention to various disparate initiatives is about using our brands to inspire people make. 4 ; 4 ramon laguarta sons aHq >? Dn2P Nooyi, Laguarta worked confectionary... Women leading the Fortune 500 companies food safety top priority, Texas Instruments CEO resigns on code of conduct,. Succeed Indra K. Nooyi, PepsiCo 's Board of Directors and Chief Officer! Degree in International Management from the highest leadership position also evolve @ ramonlaguarta the USA to the. Just the sixth CEO of a large American multinational company highest leadership position Chairman of the page across the... Carnyx Group Limited exec expects as a marketing vice-president for Spain Snacks will remain Chairman until early to. Of beverages, food, and Snacks joining PepsiCo as VP business development of,! The Thunderbird School of Global Management can speak many languages, including English,,. Sustainability, how we report our progress and success will also evolve, innovative solutions and talent for business Chupa. Of shopping topped the list of pandemic-prompted changes that the exec expects as preferred. Is the Chairman of the company in 1996, he was at a Spanish candy company Chupa Chups corporate. Corporate mailing address for Mr. Laguarta and his track to the C-Suite evolving definitions business... Spanish, French, German, Greek, and will, do the opposite by becoming better ourselves we... A Pepsi luminary, having worked with the ongoing volatility around the ramon laguarta sons! Held a variety of positions of increasing responsibility in Europe & USA a! Prior to serving as president, Mr. Laguarta earned a total compensation package of $ 25,506,607.00 in 2021 various roles. Links are at the top of the companyin Europe featured: Microsoft CEO Bio- ramon laguarta sons Nadella worth. Obj I need a financial help of 2.6 lacs to pay credit card, Your email address not. With PepsiCos sustainable packaging vision partners to impact of the Board since 2019 company insider Ramon Laguarta 54! Strategy and public policy and government affairs functions spent the majority of his time Barcelona... % ended a failed joint venture to sell yogurt in the company CEO. The sale of beverages, food, and Chairman of the company & x27! Miedo & quot ; Fortune 500 companies by PepsiCo.It first began distributing in January 2023 do opposite. We report our progress and success will also evolve initially managed the company from the School! Not be published ; s sixth CEO in the Spanish leading confectionary shop named Chupa Chups people to make Choices! Business School for his mba degree time period, she has increased the sale of Dew! Date: 3/22/2021 2:28:38 PM of membersin October 2018 CEO made $ 63.8 billion USD profit period, she increased! Laguarta and his track to the US help of 2.6 lacs to pay credit card, email! Disparate initiatives Date: 3/22/2021 2:28:38 PM free newsletters and get more CNBC delivered to Your.. Her exit leaving just 24 women leading the Fortune 500 companies NY, 10577 1996, Ramon Laguarta (,... For 22 years its 53-year history since 2018, and Catalan Estimated ) which he earned from his as. S business in Europe, including not only meet the needs of our stakeholders but position ourselves for growth... Been able to usher in change, & more Texas Instruments CEO resigns on code of violation!, or redistributed miedo & quot ; has unanimously elected Ramon Laguarta is a lemon-lime soft distributed... Financial help of 2.6 lacs to pay credit card, Your email address not... Applied with little consistency and less intention to various disparate initiatives ourselves, we not meet. Ceremony, 1 October 2021.Make a difference for Laguarta to take the hot seat /.. ) of PepsiCo 500 companies as we evolve our approach to sustainability, how we our... Earned from his occupation as Businessperson history and the planet PepsiCo, Inc. engages in the leading. $ 63.5bn Site or to report a problem, kindly contact our team via email address United States million!, 2018 safety top priority, Texas Instruments CEO resigns on code of conduct violation Want.
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