Market data provided byFactset. By Siddharth Cavale and Uday Sampath Kumar. 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. 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. People Like Ramon Laguarta . 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, 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. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. He has three sons from his wife Maria. While speaking with CNBC's Jim Cramer, Laguarta remarked that the first deliveries of . He was born in 1963. Thunderbird School of Global Management. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. FOX Business takes a look at Laguarta and his track to the C-Suite. 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. Chart Data in Insider Trading History Table. The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. CEO in the company. 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. A Division of NBCUniversal. 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 the Chief Executive Officer of PepsiCo. 2023 FOX News Network, LLC. Torben Nielsen Managing Director, Germany and Austria and Switzerland. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. He spent nearly eight years performing various key roles. Ramon Laguarta ( Barcelona, 1963) s el director executiu de PepsiCo. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. He also holds a masters degree in International Management from theThunderbird School of Global Management. Manage Settings PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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. 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. He and his wife, Maria, are the proud parents of three sons. MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. <> "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO Frankfurt, HE, DE View. 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 and pricing products in inflationary times. In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. Laguarta fue ascendiendo y ocupando cargos cada vez ms internacionales. 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. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. During the last twelve months, insiders at the sold shares 8 times. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. 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. Believer in simplicity, accountability, executional excellence. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. 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. Ramon Laguarta Chairman and Chief Executive Officer . Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. His career started by working in the Spanish leading confectionary shop named Chupa Chups. He took over the position of the Chairman of the Board of Directors on February 1, 2019. 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. All Rights Reserved. Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. This material may not be published, broadcast, rewritten, or redistributed. 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. 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. 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. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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. 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. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. People Like Ramon Laguarta . "I also want to thank Nooyi for her overwhelming support. Every Pepsi CEO has . The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. Learn More on Ramon Laguarta's trading history. (Recommended: Coca Cola CEO Email & Net Worth James Quincey). Suggested: Apple CEO Bio - Tim Cook Net Worth, Salary, Career, & More, American Express CEO - Stephen Squeri Net Worth, Salary, Age, & More, https://www.linkedin.com/in/ramonlaguarta, . Ramon Laguarta was born in 1962 in Barcelona, Spain. [citation needed] His first role was in the company's European business, and in 2014 became the CEO of the entire Europe and Sub-Saharan Africa (ESSA) sector. PepsiCo CEO Ramon Laguarta said on a call with investors on Tuesday that the company expects "ups and downs," with the potential for second waves of COVID-19 cases and new decisions about lockdowns. I am confident that our reporting will only improve as we work toward a fully integrated structure, where we publish our Annual ESG Summary alongside our Annual Report. Mr. Laguarta previously served as president from 2017 to 2018. August 6, 2018, 10:45 AM. Ramon spent the majority of his time in Barcelona. In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM In fact, after graduation, he went toESADE business school for his MBA Degree. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. In fact, the companys share price also rose to 78%. "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. "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. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. He was born in 1963. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: 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 . 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. 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. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. % 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%. 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. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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 is seen as one of the most successful Businessperson of all times. Ramon Laguarta took over as CEO, chairman, and president of Americas leading food, snack, and beverage firm PepsiCo, Inc. in 2018 after Indra Nooyis retirement. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. He was appointed as a CEO of PepsiCo of Europe in 2014. Ramon Laguarta (age 58) is from Barcelona, Spain. Omer Malik Vice President Beverages South East Asia. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. 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. "double down" on marketing fizzy drinks brands. [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. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. The impact of the earthquake is devastating. Popularly known as the Businessperson of Spain. Information on this page was last updated on 10/26/2022. Enter your email address below to get our daily insider buying and selling report. 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. <> Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". 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 . [11], Laguarta was named president of PepsiCo in September 2017. 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. 1 0 obj FAQ - New Privacy Policy. Ramon Luis Laguarta. [5] [6] Education [ edit] Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Country of residence : Unknown. 4 0 obj Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. 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 . PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. They sold a total of 52,535 shares worth more than $9,236,484.98. Andy Morton. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. On this Wikipedia the language links are at the top of the page across from the article title. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. 3 pepsico.com; gmail.com; intl.pepsico.com; 5+ +82 51-227-XXXX +66 61 391 XXXX +92 42 111 724XXXX +92 300 829XXXX +92 321 897XXXX +92 300 427XXXX; Juan Zapiain SVP Global Process Executive - PGT . The family was living in Geneva before moving to the US. 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. Legal Statement. [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. Laguarta's appointment marks the company's tradition. I dont believe we should do that. endobj Laguarta has also led attempts to reduce waste by acquiring SodaStream. 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. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. 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