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. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. [12][13][14] He officially took over the role on 3 October 2018 and became Chairman of the Board of Directors on 1 February 2019. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! Got a confidential news tip? Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. 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 president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. From 2002 to 2006, he was General Manager for Iberia Snacks and Juices, and from 1999 to 2001 a General Manager for Greece Snacks and Marketing Vice President for Spain Snacks. %PDF-1.7 Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. [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. Thunderbird School of Global Management. Learn More on Ramon Laguarta's salary. 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 Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. "Laguarta has really been able to usher in change," Murphy said. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. They want a more focused, more integrated approach that places sustainability at the heart of business operations. 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. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20 oo0. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. 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. stream "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. Those days are over. Robert Scammell. Every Pepsi CEO has . He has three sons from his wife Maria. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. He was appointed as a CEO of PepsiCo of Europe in 2014. "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? The corporate mailing address for Mr. Laguarta and other PepsiCo executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577. August 6, 2018, 10:45 AM. The impact of the earthquake is devastating. Billions could be poured into exploration companies searching for new U.S. deposits. He will officially take over the position of CEO on after Indra Nooyi. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. He oversees business strategy and brands. 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. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". Ramon joined PepsiCo in January 1996. 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. 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. 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. 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. The news is confirmed by the PepsiCo officially page by a tweet. And that means we need to change what we do and how we do it. 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. He is the 6th CEO in the company. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. 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. In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. [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. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. Ramon Luis Laguarta. 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. endobj 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. [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. 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. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. Later, he was appointed as the CEO of the companyin Europe. By advancing our pep+ goals, we believe we will be a consistent top market performer and a force for good by doing what's right for people and the planet. Ramon Laguarta is the Chief Executive Officer of PepsiCo. On this Wikipedia the language links are at the top of the page across from the article title. Your email address will not be published. [9] He is married with three children.[24]. 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. 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. 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. 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. 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. Continue with Recommended Cookies. [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. 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. All rights reserved. Legal Statement. Ramon Laguarta (age 58) is from Barcelona, Spain. But now that the U.S. has classified it as "essential for America's National Defense" one little-known company could become America's ONLY fully integrated graphite provider. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. He belongs to Spanish nationality. PepsiCos headquarters is in Harrison, New York. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 He also supports social equity and community building efforts. Ramon spent the majority of his time in Barcelona. Consciente, con los pies en el suelo, pero "sin miedo". Bangkok, Krung Thep, Thailand View. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. 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. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . People Like Ramon Laguarta . 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. Purposeful leader. Quotes displayed in real-time or delayed by at least 15 minutes. Chairman and Chief Executive Officer, PepsiCo. Moreover, he will be joining the company as CEO and boards of membersin October 2018. Husband/dad. He was born in 1963. "double down" on marketing fizzy drinks brands. 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. Frankfurt, HE, DE View. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. Learn More about Ramon Laguarta's net worth. 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. Insiders at PepsiCo own 0.1% of 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. 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. Country of residence : Unknown. Ramon is completely aligned with PepsiCos sustainable packaging vision. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. Our PepsiCo Foundation team is working closely with our non-profit partners to. 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. Manage Settings 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. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Sign up for free newsletters and get more CNBC delivered to your inbox. Ramon L Laguarta, Pepsico Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology, innovation and. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). Andy Morton. He is also a director at Visa Inc. Read Also Story of TySimpkinsBiography & his Success Secrets. 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. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. 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. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. For email communication, you can write to [emailprotected]. 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. He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. Age : 59. This role was effective in January 2015. Ramon Laguarta is Chief Executive Officer, Europe Sub-Saharan Africa, with responsibility for leading our food and beverages businesses across Europe and our food business in Sub-Saharan Africa. Meanings for ramon laguarta the Chief Executive Officer of PepsiCo, who has the net worth of $52.9 Million dollars. Omer Malik Vice President Beverages South East Asia. Mr. Laguarta previously served as president from 2017 to 2018. 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] The family was living in Geneva before moving to the US. 4ax*dCTVbEQ!R? x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. The APA, GRAPHITE: "Essential for America's National Defense". 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. 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. from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable company? Data is a real-time snapshot *Data is delayed at least 15 minutes. 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: For Advertisement on our Site or to report a problem, kindly contact our team via email address. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. ", 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.". Listen to article 2 0 obj 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. Ramon Laguarta. Laguarta's appointment marks the company's tradition. PepsiCo can also be reached via phone at (914) 253-2000 and via email at [emailprotected] Learn More on Ramon Laguarta's contact information. The chief said that Laguarta was "exactly the right person to build on [Pepsi's] success. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. "He is a terrific executive with a long and proven track record of growing businesses. Traveling, Reading, and Listening to music. 380 talking about this. PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. [5][6] 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. 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