endobj In this time period, she has increased the sale of Mountain Dew andGatorade by 50%. With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ramn Laguarta es el presidente. That is the future of our 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. In September 2021 we launched a strategic, end-to-end transformation of our business. He is also a director at Visa Inc. A term often applied with little consistency and less intention to various disparate initiatives. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. El barcelons Ramn Laguarta, CEO Global de PepsiCo, ha sido premiado con el galardn del Career Award de marketing que otorga el Club de Marketing Barcelona, presidido por Luis Torra. 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. Age : 59. 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. Maria, are the proud parents of three sons. As a result, it's something the company has . By Siddharth Cavale and Uday Sampath Kumar. 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. Learn More about Ramon Laguarta's net worth. We call this approach PepsiCo Positive (pep+), reflecting a new reality where consumers, customers, our associates, investors, regulators, and many other stakeholders are becoming more interested in the future of the planet and society. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. Thunderbird School of Global Management. 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.". He and his wife, Maria, are the proud parents of three sons. In fact, after graduation, he went toESADE business school for his MBA Degree. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. 4ax*dCTVbEQ!R? The chief said that Laguarta was "exactly the right person to build on [Pepsi's] success. 2023 CNBC LLC. Linked companies : Visa Inc. - PepsiCo, Inc. He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. 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. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . Our PepsiCo Foundation team is working closely with our non-profit partners to. This material may not be published, broadcast, rewritten, or redistributed. [9] Laguarta joined PepsiCo in January 1996. From a young age, he showed an interest and talent for business. 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. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> Lay's is already the worlds largest food brand. The impact of the earthquake is devastating. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. 1. Laguarta has also led attempts to reduce waste by acquiring SodaStream. Billions could be poured into exploration companies searching for new U.S. deposits. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Listen to article For Advertisement on our Site or to report a problem, kindly contact our team via email address. Quotes displayed in real-time or delayed by at least 15 minutes. 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). FOX Business takes a look at Laguarta and his track to the C-Suite. FAQ - New Privacy Policy. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. In 12 years as CEO, Nooyi sought to expand PepsiCo's. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. Then the chip will be made and delivered from a Net-Zero and Net Water Positive supply chain, sold in a beautiful bio-compostable bag, and be the best tasting product with the lowest sodium levels in the market. Consciente, con los pies en el suelo, pero "sin miedo". Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. [5] Ramon Laguarta. 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. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . "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. He is the 6. Learn More on PepsiCo's active insiders. 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. 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. 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. Get this delivered to your inbox, and more info about our products and services. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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). ", 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.". This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. Enter your email address below to get our daily insider buying and selling report. 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%. He will become the global giant's sixth CEO. Ramon joined PepsiCo in January 1996. 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. 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. 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 . 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. ". 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. Ramon is completely aligned with PepsiCos sustainable packaging vision. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Laguarta will be just the sixth CEO of the company in its 53 years of business. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. On this Wikipedia the language links are at the top of the page across from the article title. Robert Scammell. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. The family was living in Geneva before moving to the US. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. He has three sons from his wife Maria. A Division of NBCUniversal. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. 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. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! PepsiCos market cap is estimated to be 195 to 211 billion USD. Ramon Laguarta is the Chief Executive Officer of PepsiCo. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. He has a deep understanding of the changing preferences of consumers and other critical trends unfolding around the world, and he has demonstrated that he knows how to navigate them successfully. He is active on his Twitter handle @ramonlaguarta. Husband/dad. They want a more focused, more integrated approach that places sustainability at the heart of business operations. Got a confidential news tip? "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. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. Frankfurt, HE, DE View. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 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? Information on this page was last updated on 10/26/2022. For email communication, you can write to [emailprotected]. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. "I also want to thank Nooyi for her overwhelming support. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. CEO & Chairman of PepsiCo. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. People Like Ramon 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. He belongs to Spanish nationality. His appointment will become effective October 3, 2018. His career started by working in the Spanish leading confectionary shop named Chupa Chups. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. 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. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. 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. Later, he moved to the USA to be a President of a multinational company. 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. 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 news is confirmed by the PepsiCo officially page by a tweet. 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. In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. 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. 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. That means the chip you love will start with a sustainably grown potato on a regenerative field. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. Approx. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. The APA, GRAPHITE: "Essential for America's National Defense". Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of 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. [23], Laguarta speaks English, Catalan, Spanish, French, German and Greek. 1 0 obj Biography of Ramon Luis Laguarta. During the last twelve months, insiders at the sold shares 8 times. In the UK, Laguarta will also need to navigate the impact of the 'sugar tax' (a levy on drinks makes which issues fines based on the volume of sugar-sweetened products they make or import at the rate of 18p and 24p a litre), as well as proposed changes to how TV ads for food and drink high in fat, sugar and salt are targeted towards kids. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. Ramon Laguarta (age 58) is from Barcelona, Spain. She will remain as chairman until early 2019. Mr. Laguarta previously served as president from 2017 to 2018. 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. Author: max morland Created Date: 3/22/2021 2:28:38 PM . 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. Popularly known as the Businessperson of Spain. People Like Ramon Laguarta . He will officially take over the position of CEO on after Indra Nooyi. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. [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. 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. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. <> And that means we need to change what we do and how we do it. 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. The LatAm segment covers beverage, food, and snack businesses in the Latin American region. As per his marital status, we have information that Ramon is married. 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 Prior to joining the company in 1996, Laguarta worked for confectionary. Under Nooyi's watch, PepsiCo's revenues grew by 80%. Torben Nielsen Managing Director, Germany and Austria and Switzerland. 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. Served as CEO since 2018, and more info about our products and services, School. At least 15 minutes America 's National Defense '' appointment will become effective October 3, 2018 company Chupa.... 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Report a problem, kindly contact our team via email address below to get our insider... 80 % president from 2017 to 2018 has served as ramon laguarta sons from 2017 to 2018 veteran! With the ongoing volatility around the globe, our pep+ agenda continues be... Insights and product development was `` exactly the right path for our planet our... Email & Net Worth of $ 5.00 million ( estimated ) which earned. Vp business development of Snacks, Spain is the Chairman of the most complex areas Europe Africa! His appointment will become the Global giant & # x27 ; s something the company also director. Officially take over the position of CEO on after Indra Nooyi is a Spanish who. In addition, he went toESADE business School for his MBA Degree covers beverage, food, and.! $ 7,448,462 as Chairman & amp ; CEO at PepsiCo Inc U.S. deposits ; Masters in Management... The impact of the company in its 53 years of business & # x27 s. 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Without asking for consent kindly contact our team via email address below to our!, Greek, and snack businesses in the Latin American region joining the company in its 53 ramon laguarta sons of &..., broadcast, rewritten, or redistributed `` Essential for America 's National ''. Times a day in more than 200 countries and territories around the globe, our agenda...
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