Popularly known as the Businessperson of Spain. Market data provided byFactset. 2 0 obj Insiders at PepsiCo own 0.1% of the company. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. E-commerce. FOX Business takes a look at Laguarta and his track to the C-Suite. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. 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: She will remain as chairman until early 2019. He spent nearly eight years performing various key roles. His appointment will become effective October 3, 2018. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our 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. 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. We and our partners use cookies to Store and/or access information on a device. He oversees business strategy and brands. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. He was born in 1963. [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. 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. 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. Learn More about insider trades at PepsiCo. Learn More on Ramon Laguarta's contact information. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational 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. 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. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . For Advertisement on our Site or to report a problem, kindly contact our team via email address. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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. 1. 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 . Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. "He is a terrific executive with a long and proven track record of growing businesses. 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. In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. The chief said that Laguarta was "exactly the right person to build on [Pepsi's] success. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. endobj Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Ramon Laguarta (age 58) is from Barcelona, Spain. In 12 years as CEO, Nooyi sought to expand PepsiCo's. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. His career started by working in the Spanish leading confectionary shop named Chupa Chups. All rights reserved. In an interview on CNBC during. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. 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. Ramon Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. 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. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. 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. Under his leadership, ESSA generated $10 billion in revenue in 2016. 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. 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. The FLNA segment consists of branded convenient food businesses in the United States and Canada. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". Read Also Story of TySimpkinsBiography & his Success Secrets. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. 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 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). 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. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. 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. 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. By Siddharth Cavale and Uday Sampath Kumar. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO endobj PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. He is also a director at Visa Inc. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. Overview. Powered and implemented byFactSet Digital Solutions. Ramon Laguarta Chairman and Chief Executive Officer . VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). 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. He is active on his Twitter handle @ramonlaguarta. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. 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. Also, the CEO made $63.8 billion USD profit. Learn More on Ramon Laguarta's trading history. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. 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. Chairman and Chief Executive Officer, PepsiCo. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. 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 . Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 4 0 obj Required fields are marked *. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. 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. 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. Learn More about Ramon Laguarta's net worth. Jan 10, 2019, 16:30 ET. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! Under Nooyi's watch, PepsiCo's revenues grew by 80%. 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. PepsiCo CEO Ramon Laguarta has shared a pleasantly surprising update on his company's Tesla Semi orders. The news is confirmed by the PepsiCo officially page by a tweet. PepsiCo can also be reached via phone at (914) 253-2000 and via email at [emailprotected] Learn More on Ramon Laguarta's contact information. Natasa Stankovic Height, Weight, Age, Boyfriend, Husband, Biography, Family & More, Lana Condor Height, Weight, Age, Boyfriend, Biography, Net worth, Family & Wiki, Dr. Stella Immanuel (MD) Age, Husband, Biography, Family & More, Abhishek Banerjee (Actor) Height, Age, Wife, Biography, Family & Facts, Jessalyn Grace Wiki, Height, Weight, Age, Bio, Net worth, Family, Affairs & Facts, Andretta Smothers Wiki, Age (Gervonta Davis Girlfriend) Biography, Family, Karen Gallman Wiki, Age, Height, Boyfriend, Biography, Family & More. In fact, the companys share price also rose to 78%. He obtained his MBA from Spains ESADE Business School. Enter your email address below to get our daily insider buying and selling report. Robert Scammell. 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). In September 2021 we launched a strategic, end-to-end transformation of our business. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. 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. He was born in 1963. [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. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. People Like Ramon Laguarta . 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 . Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. 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. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. In conversation with Ramon Laguarta. "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. Sign up for free newsletters and get more CNBC delivered to your inbox. Later, he was appointed as the CEO of the company in Europe. For a long time in the business world, sustainability was a buzzword. Lay's is already the worlds largest food brand. Bangkok, Krung Thep, Thailand View. He has three sons from his wife Maria. Prior to becoming CEO, Ramon was President of PepsiCo, with responsibility for shaping the companys corporate strategy, working closely with business units to deliver top-line growth, driving productivity to enable this growth, and investing in new areas of disruptive innovation, all in support of the company's previously announced Performance with Purpose (PwP) 2025 agenda. 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. Nooyi . The family was living in Geneva before moving to the US. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. 2023 FOX News Network, LLC. Ramon Laguarta: CEO Pay $25,506,607: Median Employee Pay $52,297: CEO Pay Ratio 488:1: Board of Directors in PEPSICO INC. For its 2021 fiscal year, PEPSICO INC, listed the following board members on its annual proxy statement to the SEC. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. He is the 6th CEO in the company. 1. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. He wants to dominate the convenient foods and beverages market. Mr. Laguarta owns 310,757 shares of PepsiCo stock worth more than $53,925,662 as of March 1st. Every Pepsi CEO has been promoted internally. A term often applied with little consistency and less intention to various disparate initiatives. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . Learn More on Ramon Laguarta's trading history. August 6, 2018, 10:45 AM. Ramon Laguarta ( Barcelona, 1963) s el director executiu de PepsiCo. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. 1 0 obj The 54-year-old Laguarta, who's going to be the sixth CEO in PepsiCo's 53-year history, will officially take over from Nooyi on October 3. Pepsico CEO Ramon Laguarta joins 'Closing Bell' to talk about the brands resiliency despite tightened economic conditions, beverage brands benefiting from consumers spending more time at home. In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. Between 2015 and 2017, Ramon served as Chief Executive Officer, Europe Sub-Saharan Africa ("ESSA"), one of PepsiCo's most complex businesses, with responsibility for leading the company's food and beverages businesses across Europe and its food business in Sub-Saharan Africa. Andy Morton. As we evolve our approach to sustainability, how we report our progress and success will also evolve. Your email address will not be published. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM [9] He is married with three children.[24]. 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. Ramon joined PepsiCo in January 1996. Heres how much it will cost. Got a confidential news tip? PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. Ramon Laguarta was born in 1962 in Barcelona, Spain. Chart Data in Insider Trading History Table. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. The exec was widely slated to take over from Nooyi following his promotion last year and will be the sixth chief executive in the Mountain Dew owner's 53-year history. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . 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 . 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. CEO in the company. "I also want to thank Nooyi for her overwhelming support. [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. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. 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.