Those days are over. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. By Siddharth Cavale and Uday Sampath Kumar. endobj 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.. 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. 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. 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. New York: Indra Nooyi will step down as PepsiCo's CEO after leading the US food and beverage giant for 12 years, the company announced on Monday, with its Indian-origin top executive exuding confidence that the "best days are yet to come" for the soda and snacks firm. He is the 6th CEO in the company. 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. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. 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. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. 4ax*dCTVbEQ!R? In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . Later, he was appointed as the CEO of the company in Europe. [5] Furthermore, Indra was serving the company for 12 years. ". Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. That is the future of our company. 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. 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. FOX Business takes a look at Laguarta and his track to the C-Suite. Consciente, con los pies en el suelo, pero "sin miedo". With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. 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. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). Every Pepsi CEO has . Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20 oo0. Got a confidential news tip? All Rights Reserved. They sold a total of 52,535 shares worth more than $9,236,484.98. Insiders at PepsiCo own 0.1% of the company. Investors seem pleased with the handoff, Pepsis shares rose following the announcement. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. 4 min. Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. Information on this page was last updated on 10/26/2022. I need a financial help of 2.6 lacs to pay credit card, Your email address will not be published. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. Required fields are marked *. 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. Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. [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. She will remain as chairman until early 2019. Therefore, his age isFifty-Four (54) years old as in 2018. stream (Recommended: Coca Cola CEO Email & Net Worth James Quincey). He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. Tech. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. Continue with Recommended Cookies. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. Along with fending off rival Coke, Laguarta will be tasked with steering the companys Frito-Lay snack business, which accounts for nearly half of the companys profits. The most recent insider tranaction occured on October, 26th when CEO Paula Santilli sold 2,787 shares worth more than $500,628.81. Ramon Laguarta. 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). PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat. He is seen as one of the most successful Businessperson of all times. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. [9] He is married with three children.[24]. We want to hear from you. Under his leadership, ESSA generated $10 billion in revenue in 2016. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. 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 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 . Country of residence : Unknown. He was born in 1963. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. Learn More on Ramon Laguarta's salary. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. FAQ - New Privacy Policy. <>/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 6. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. Laguarta also was elected to the company's board of directors, effective . Laguarta's appointment marks the company's tradition. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . The family was living in Geneva before moving to the US. 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. They want a more focused, more integrated approach that places sustainability at the heart of business operations. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. In 12 years as CEO, Nooyi sought to expand PepsiCo's. En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. That's the future of the #1 potato chip. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. Traveling, Reading, and Listening to music. The consent submitted will only be used for data processing originating from this website. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. Learn More on Ramon Laguarta's contact information. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. 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. Ramon spent the majority of his time in Barcelona. Learn More about insider trades at PepsiCo. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. 1. 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. The APA, GRAPHITE: "Essential for America's National Defense". 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. %PDF-1.7 Chart Data in Insider Trading History Table. Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . And that means we need to change what we do and how we do it. [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. [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. Torben Nielsen Managing Director, Germany and Austria and Switzerland. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo Purchase, New York, United States 198K followers 48 connections Join to follow PepsiCo Esade About CEO of PepsiCo, a global food and. 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. He is active on his Twitter handle @ramonlaguarta. Later, he was appointed as the CEO of the companyin Europe. 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. 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. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. Our PepsiCo Foundation team is working closely with our non-profit partners to. Chairman and Chief Executive Officer, PepsiCo. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. endobj He belongs to Spanish nationality. 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%. That means the chip you love will start with a sustainably grown potato on a regenerative field. Read Also Story of TySimpkinsBiography & his Success Secrets. 1. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO August 6, 2018, 10:45 AM. In September 2017, he moved to the USA to be a President of the company. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? Age : 59. 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. Public asset : 54,221,664 USD. 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. 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