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. 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. Join th. Manage Settings To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. 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. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. Those days are over. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Drinks including Gatorade and Mountain Dew help make up 22 brands that fall under Pepsis umbrella which combined generate over $1 billion in retail sales annually. CEO in the company. 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 . The impact of the earthquake is devastating. 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. 1. In fact, the companys share price also rose to 78%. Ramon Luis Laguarta. Also, the CEO made $63.8 billion USD profit. [5][6] Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. 2 0 obj "Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief . The deal announced on Monday may be the last for PepsiCo Chief Executive Indra Nooyi, who will hand over to Ramon Laguarta later this year. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Mutual Fund and ETF data provided byRefinitiv Lipper. Following the completion of the sale, the chief executive officer now directly owns 310,757 shares of the company's stock, valued at $53,788,929.13. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 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. Information on this page was last updated on 10/26/2022. Ramon is completely aligned with PepsiCos sustainable packaging vision. 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. Furthermore, Indra was serving the company for 12 years. 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 . August 6, 2018, 10:45 AM. He was born in 1963. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. He is seen as one of the most successful Businessperson of all times. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. That is the future of our company. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. Believer in simplicity, accountability, executional excellence. In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. Ramon joined PepsiCo in January 1996. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. endobj He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. 1. 3 0 obj Billions could be poured into exploration companies searching for new U.S. deposits. 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. 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 She is the current CEO of the company. <> Learn More on Ramon Laguarta's contact information. Laguarta's appointment marks the company's tradition. [3] s el sis CEO en la histria de l'empresa, [4] i el primer CEO espanyol d'una gran multinacional nord-americana. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. Market data provided byFactset. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. FAQ - New Privacy Policy. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. Ramon Laguarta. 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. [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. His career started by working in the Spanish leading confectionary shop named Chupa Chups. 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 . The consent submitted will only be used for data processing originating from this website. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . Some of our partners may process your data as a part of their legitimate business interest without asking for consent. He has 4 childrenwith his wife but as of now, we do not know the names. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. Insiders at PepsiCo own 0.1% of 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. Later, he was appointed as the CEO of the company in Europe. Approx. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. All rights reserved. He will become the global giant's sixth CEO. Your email address will not be published. We want to hear from you. 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. 5+ pepsico.com; gmail.com; yahoo.dk; kraftheinzcompany.com; atkearney.com; arla.com; 5+ +55 21 96621-XXXX +45 21 63 5XXXX +45 29 42 1XXXX +45 89 38 1XXXX +45 33 69 3XXXX +45 33 69 3XXXX . Powered and implemented byFactSet Digital Solutions. 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. He belongs to Spanish nationality. 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. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. endobj Learn More on Ramon Laguarta's trading history. Data is a real-time snapshot *Data is delayed at least 15 minutes. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Investors seem pleased with the handoff, Pepsis shares rose following the announcement. Ramon Laguarta (age 58) is from Barcelona, Spain. Thunderbird School of Global Management. Therefore, his age isFifty-Four (54) years old as in 2018. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 %PDF-1.7 On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. Age : 59. He has three sons from his wife Maria. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. He also holds a masters degree in International Management from theThunderbird School of Global Management. She will remain as chairman until early 2019. Traveling, Reading, and Listening to music. In September 2017, he moved to the USA to be a President of the company. I dont believe we should do that. FOX Business takes a look at Laguarta and his track to the C-Suite. 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. 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: Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. This role was effective in January 2015. FOX Business takes a look at Laguarta and his track to the C-Suite. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . 380 talking about this. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Ramon spent the majority of his time in Barcelona. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). For a long time in the business world, sustainability was a buzzword. 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. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. The PBNA segment is composed of beverage concentrates, fountain syrups, and finished goods under various beverage brands such as Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Sierra Mist, and Mug. 4ax*dCTVbEQ!R? 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. Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. 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. 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. 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. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. Ramon Laguarta is the Chief Executive Officer of PepsiCo. Mr. Laguarta owns 310,757 shares of PepsiCo stock worth more than $53,925,662 as of March 1st. During the last twelve months, insiders at the sold shares 8 times. Laguarta fue ascendiendo y ocupando cargos cada vez ms internacionales. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. Learn More about insider trades at PepsiCo. 2023 FOX News Network, LLC. He has three sons from his wife Maria. [11], Laguarta was named president of PepsiCo in September 2017. 4 0 obj [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. Salary: $1,542,308: Bonus: $0: Value of Stock Awards: $8,745,056: Value of Option Awards: $0: Non-Equity Incentive Plan Compensation: $10,222,640: Change in Pension . Laguarta will be just the sixth CEO of the company in its 53 years of business. PepsiCo CEO Ramon Laguarta said on a call with investors on Tuesday that the company expects "ups and downs," with the potential for second waves of COVID-19 cases and new decisions about lockdowns. PepsiCos headquarters is in Harrison, New York. He also supports social equity and community building efforts. "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. He and his wife, Maria, are the proud parents of three sons. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. [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. 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 has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. In an interview on CNBC during. Legal Statement. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Ramon Laguarta, Chairman of the Board of Directors and Chief Executive Officer of PepsiCo, discusses regenerative farming practices with UK potato farmer, Gavin Janaway, on a recent trip to the UK. Laguarta has also led attempts to reduce waste by acquiring SodaStream. Learn More about Ramon Laguarta's net worth. 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. Later, he moved to the USA to be a President of a multinational company. He took over the position of the Chairman of the Board of Directors on February 1, 2019. 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. For Advertisement on our Site or to report a problem, kindly contact our team via email address. 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. <> He is active on his Twitter handle @ramonlaguarta. 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. The Summary includes how we're leveraging our brands, people, and scale to create positive change, and illustrates progress with the latest real-life examples. Pepsi's new CEO, Ramon Laguarta had said in an earnings call last week that Pepsi was already "relentlessly automating and merging the best of our optimized business models with the best new. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. 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%. Biography of Ramon Luis Laguarta. 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. Required fields are marked *. PepsiCos market cap is estimated to be 195 to 211 billion USD. Public asset : 54,221,664 USD. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. Prior to joining the company in 1996, Laguarta worked for confectionary. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. Listen to article [9] He is married with three children.[24]. In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters.
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