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. He has three sons from his wife Maria. He was born in 1963. ". [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Learn More on Ramon Laguarta's trading history. 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. FOX Business takes a look at Laguarta and his track to the C-Suite. He is active on his Twitter handle @ramonlaguarta. She is the current CEO of the company. Traveling, Reading, and Listening to music. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 Special message from Ramon Laguarta, Chief Executive Officer at Pepsico at the WFF Flagship Event Opening Ceremony, 1 October 2021.Make a difference. "He is a terrific executive with a long and proven track record of growing businesses. In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. 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. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 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. <> Market data provided byFactset. 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: PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. 4 0 obj He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. [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. "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. Learn More on PepsiCo's active insiders. Laguarta fue ascendiendo y ocupando cargos cada vez ms internacionales. In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. 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. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable company? Torben Nielsen Managing Director, Germany and Austria and Switzerland. Jan 10, 2019, 16:30 ET. Enter your email address below to get our daily insider buying and selling report. 380 talking about this. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . Manage Settings <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! 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. And that means we need to change what we do and how we do it. "Laguarta has really been able to usher in change," Murphy said. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. No en vano, es presidente y consejero delegado de PepsiCo, la multinacional estadounidense de los refrescos (Pepsi, Kas y Mountain Dew) y los snacks (Fritos, Lays o Doritos), que en 2018 factur. 1. Frankfurt, HE, DE View. Robert Scammell. 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. 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.. The family was living in Geneva before moving to the US. 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. He has 4 childrenwith his wife but as of now, we do not know the names. [9] Laguarta joined PepsiCo in January 1996. 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. [5][6] [5] As a result of the promotion, he moved to the United States. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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. endobj The chief said that Laguarta was "exactly the right person to build on [Pepsi's] success. The news is confirmed by the PepsiCo officially page by a tweet. 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. 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. 1. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. 3 0 obj 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. 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. The family was living in Geneva before moving to the US. 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. Ramon Laguarta. PepsiCos headquarters is in Harrison, New York. In September 2021 we launched a strategic, end-to-end transformation of our business. All rights reserved. Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. While speaking with CNBC's Jim Cramer, Laguarta remarked that the first deliveries of . Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. 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. Later, he was appointed as the CEO of the companyin Europe. Every Pepsi CEO has been promoted internally. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . [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. 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. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. That is the future of our company. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? He is seen as one of the most successful Businessperson of all times. 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 family was living in Geneva before moving to the US. She has transformed the company with her bold vision and outstanding leadership, and I feel fortunate to have her as a mentor and a friend.". The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. 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. Laguarta will be just the sixth CEO of the company in its 53 years of business. 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 . En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. "double down" on marketing fizzy drinks brands. PepsiCo's chief executive Indra Nooyi, who has been at the helm of the drinks giant for the past 12 years, is to step down from her role and pass the baton on to current president and former marketer Ramon Laguarta. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. His career started by working in the Spanish leading confectionary shop named Chupa Chups. 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. He will become the global giant's sixth CEO. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . 1 0 obj [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. 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. The consent submitted will only be used for data processing originating from this website. Ramon spent the majority of his time in Barcelona. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. Consciente, con los pies en el suelo, pero "sin miedo". CEO in the company. 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. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. 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. Mutual Fund and ETF data provided byRefinitiv Lipper. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. 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. People Like Ramon Laguarta . As a result, it's something the company has . Learn More on Ramon Laguarta's salary. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. 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. [citation needed] His first role was in the company's European business, and in 2014 became the CEO of the entire Europe and Sub-Saharan Africa (ESSA) sector. "I also want to thank Nooyi for her overwhelming support. 2023 CNBC LLC. Laguarta's appointment marks the company's tradition. 2023 FOX News Network, LLC. He is the 6. He was born in 1963. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. As we evolve our approach to sustainability, how we report our progress and success will also evolve. 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? Ramon Laguarta is the Chief Executive Officer of PepsiCo. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. 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. 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. Insiders at PepsiCo own 0.1% of the company. FOX Business takes a look at Laguarta and his track to the C-Suite. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. 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. Husband/dad. Believer in simplicity, accountability, executional excellence. Ramon Laguarta Chairman and Chief Executive Officer . For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Data is a real-time snapshot *Data is delayed at least 15 minutes. Bangkok, Krung Thep, Thailand View. $7.5 million US dollars (As of 2018). vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM Ramon Laguarta (age 58) is from Barcelona, Spain. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. [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. Germany and Austria and Switzerland is a Registered Trademark and property of carnyx Group Limited said that Laguarta was exactly. Her overwhelming support years of business violation, Want the best CEO '' on marketing fizzy drinks brands make Choices... Ahq >? Dn2P a real-time snapshot * data is delayed at 15. 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