Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. [9] He is married with three children.[24]. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Moreover, he will be joining the company as CEO and boards of membersin October 2018. Nooyi . 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. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. Laguarta also was elected to the company's board of directors, effective . 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%. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. He is the 6. 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. Later, he was appointed as the CEO of the company in Europe. She is the current CEO of the company. FOX Business takes a look at Laguarta and his track to the C-Suite. Husband/dad. 4ax*dCTVbEQ!R? You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. Learn More about insider trades at PepsiCo. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. That's the future of the #1 potato chip. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Every Pepsi CEO has . 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. He and his wife, Maria, are the proud parents of three sons. 1. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. [5][6] Laguarta fue ascendiendo y ocupando cargos cada vez ms internacionales. 1. Learn More about Ramon Laguarta's net worth. 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. 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. He is active on his Twitter handle @ramonlaguarta. 4 0 obj 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. 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.. Those days are over. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Frankfurt, HE, DE View. 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. From a young age, he showed an interest and talent for business. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. 1. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. Jan 10, 2019, 16:30 ET. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. Ramon Laguarta (age 58) is from Barcelona, Spain. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . People Like Ramon Laguarta . In this context, we have been thinking hard about what it means to be a truly sustainable company, one that creates growth and value for all of our stakeholders. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). 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. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local [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. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Age : 59. [3] s el sis CEO en la histria de l'empresa, [4] i el primer CEO espanyol d'una gran multinacional nord-americana. Billions could be poured into exploration companies searching for new U.S. deposits. Under Nooyi's watch, PepsiCo's revenues grew by 80%. He has three sons from his wife Maria. He took over the position of the Chairman of the Board of Directors on February 1, 2019. 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. % 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.". By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. Required fields are marked *. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. 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. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. 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. For email communication, you can write to [emailprotected]. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). Under his leadership, ESSA generated $10 billion in revenue in 2016. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. He was appointed as a CEO of PepsiCo of Europe in 2014. Laguarta has also led attempts to reduce waste by acquiring SodaStream. PepsiCos headquarters is in Harrison, New York. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . 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. Powered and implemented byFactSet Digital Solutions. Later, he was appointed as the CEO of the companyin Europe. Our PepsiCo Foundation team is working closely with our non-profit partners to. He also supports social equity and community building efforts. Approx. And that means we need to change what we do and how we do it. 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. Heres how much it will cost. She will remain as chairman until early 2019. 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? from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable company? Furthermore, Indra was serving the company for 12 years. Overview. They sold a total of 52,535 shares worth more than $9,236,484.98. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. He has 4 childrenwith his wife but as of now, we do not know the names. By Siddharth Cavale and Uday Sampath Kumar. 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. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. Lay's is already the worlds largest food brand. endobj In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. 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. The family was living in Geneva before moving to the US. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. "Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief . Mutual Fund and ETF data provided byRefinitiv Lipper. PepsiCo generated $70 billion in net revenue in 2020, driven by a complementary beverage and convenient foods portfolio that includes Lays, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Manage Settings Learn More on PepsiCo's active insiders. )"eIt'9BY}/j&L,Q^=q*, >DQ;IsT1O&H&9ZlwzX|[)L"byzlTlea:/s1S_UKu\/~[*C~mPN4_y9>l9OJy"QUy/6x>AG:}P~es'E ZsSYVwD\I$F$D0cTI/rH=qvS00l/YN1 He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. 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.

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