Ramon Laguarta Chairman and Chief Executive Officer . At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. 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. [5][6] "3 Things to Know About Pepsi's CEO Swap", "Who is Ramon Laguarta, the next CEO of PepsiCo- Business News", "Meet PepsiCo's Next CEO: Ramon Laguarta", "PepsiCo's Indra Nooyi to step down as CEO, President Ramon Laguarta to succeed her", "Ramn Laguarta, el canterano de Chupa-Chups que lanz la Pepsi Max", "5 Things to Know About the Next PepsiCo CEO", "Thunderbird Alumnus Ramon Laguarta Named PepsiCo CEO", "Pepsi's new CEO Ramon Laguarta: Five things to know", "Who is Ramon Laguarta? Traveling, Reading, and Listening to music. He is active on his Twitter handle @ramonlaguarta. 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: ", "The investments we have made in pep+ aim to ensure the sustainability of our business and the hundreds of thousands of jobs we support across our global supply chains creating growth and value within planetary boundaries while inspiring positive change for people and the planet. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. Ramn Laguarta es el presidente. 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. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> 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 can also be reached via phone at (914) 253-2000 and via email at [emailprotected] Learn More on Ramon Laguarta's contact information. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Required fields are marked *. Mr. Laguarta owns 310,757 shares of PepsiCo stock worth more than $53,925,662 as of March 1st. "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 Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. As we evolve our approach to sustainability, how we report our progress and success will also evolve. 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). He is the 6th CEO in the company. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! In fact, after graduation, he went toESADE business school for his MBA Degree. Continue with Recommended Cookies. Omer Malik Vice President Beverages South East Asia. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. 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 Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. 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. Bangkok, Krung Thep, Thailand View. Some of the food, snack, and beverages companies that pose competition to the multinational giant PepsiCo include: (Related: First Watch CEO Email & Net Worth Chris Tomasso). Under Nooyi, PepsiCo saw strong growth with its net revenue growing from $35bn in 2006 to $63.5bn . Laguarta also was elected to the company's board of directors, effective . 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. Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. 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%. Learn More about Ramon Laguarta's net worth. The news is confirmed by the PepsiCo officially page by a tweet. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. endobj We put sustainability and human capital at the center of how we will create growth and value, by operating within planetary boundaries and inspiring positive change for the planet and people. 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. 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. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. 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. Also, the CEO made $63.8 billion USD profit. 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. Manage Settings 1. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. 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. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. Most Popular. 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. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. In conversation with Ramon Laguarta. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. 4ax*dCTVbEQ!R? In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . 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. She is the current CEO of the company. We have no information about his parents but we will update you in the future. 1. <> Chart Data in Insider Trading History Table. "I also want to thank Nooyi for her overwhelming support. 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. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. PepsiCo CEO Ramon Laguarta has done MBA from ESADE Business School in Barcelona and Masters in International Management from Thunderbird School of Global Management. E-commerce. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. 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. 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 . endobj He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Sign up for free newsletters and get more CNBC delivered to your inbox. Every Pepsi CEO has been promoted internally. 2 0 obj 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. Those days are over. Quotes displayed in real-time or delayed by at least 15 minutes. [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. Information on this page was last updated on 10/26/2022. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 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. 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. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. "He is a terrific executive with a long and proven track record of growing businesses. Purposeful leader. [23], Laguarta speaks English, Catalan, Spanish, French, German and Greek. Believer in simplicity, accountability, executional excellence. ". VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). Between 2015 and 2017, Ramon served as Chief Executive Officer, Europe Sub-Saharan Africa (ESSA), one of PepsiCos most complex businesses, with responsibility for leading the companys food and beverages businesses across Europe and its food business in Sub-Saharan Africa. 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. 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.". Prior to joining the company in 1996, Laguarta worked for confectionary. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO His career started by working in the Spanish leading confectionary shop named Chupa Chups. The consent submitted will only be used for data processing originating from this website. 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 - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. He had his first job at the age of 14, working as a baker's assistant. A term often applied with little consistency and less intention to various disparate initiatives. "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. A Division of NBCUniversal. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 1 0 obj The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. 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. Ramon Laguarta - Chairman and CEO Hugh Johnston - Vice Chairman and CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. 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. In September 2021 we launched a strategic, end-to-end transformation of our business. Ramon Laguarta was born in 1962 in Barcelona, Spain. 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. 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. stream In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. PepsiCos market cap is estimated to be 195 to 211 billion USD. He oversees business strategy and brands. Overview. In 12 years as CEO, Nooyi sought to expand PepsiCo's. Under his leadership, ESSA generated $10 billion in revenue in 2016. 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