Ramon Laguarta was born in 1962 in Barcelona, Spain. Jan 10, 2019, 16:30 ET. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. That is the future of our company. Ramon Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. 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). Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. He is the 6th CEO in the company. 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 was born in 1963. Ramon Laguarta (age 58) is from Barcelona, Spain. 380 talking about this. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Thunderbird School of Global Management. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. In fact, we should, and will, do the opposite. His career started by working in the Spanish leading confectionary shop named Chupa Chups. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. 1. That means the chip you love will start with a sustainably grown potato on a regenerative field. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. [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. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". This role was effective in January 2015. In conversation with Ramon Laguarta. She has been with the firm for 24 years, joining first as senior vice-president of strategic planning and then becoming chief financial officer before taking the top seat. ". [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. Also, the CEO made $63.8 billion USD profit. The impact of the earthquake is devastating. He will officially take over the position of CEO on after Indra Nooyi. Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. PepsiCo can also be reached via phone at (914) 253-2000 and via email at [emailprotected] Learn More on Ramon Laguarta's contact information. 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 belongs to Spanish nationality. He also supports social equity and community building efforts. Moreover, he will be joining the company as CEO and boards of membersin October 2018. We and our partners use cookies to Store and/or access information on a device. 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". 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. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. The consent submitted will only be used for data processing originating from this website. Later, he was appointed as the CEO of the company in Europe. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Insiders at PepsiCo own 0.1% of the company. Believer in simplicity, accountability, executional excellence. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! Andy Morton. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. He had his first job at the age of 14, working as a baker's assistant. He obtained his MBA from Spains ESADE Business School. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. 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. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. He has three sons from his wife Maria. endobj In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. Later, in September 2017, when he joined the company as President, his main job is to oversee the global operation, public affairs, government policy, and corporate strategy. 1. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . A Division of NBCUniversal. For email communication, you can write to [emailprotected]. [10] While working in Europe, Laguarta helped lead the acquisition in 2010 of Russian dairy and juice company Wimm-Bill-Dann, a deal valued at $5.4 billion, the company's second largest acquisition after its purchase of Quaker Oats in 2001. Learn More on Ramon Laguarta's contact information. People Like Ramon Laguarta . x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. Got a confidential news tip? Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. 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. Esa es una de las caractersticas de Ramn Laguarta, barcelons de 58 aos, el CEO global de la multinacional PepsiCo.La clase empresarial catalana, ms pendiente siempre de no perder el control de sus negocios medianos que de buscar socios que permitan volar ms alto, mira con envidia a quien prefiere ver el mundo como una gran . Every Pepsi CEO has . CEO in the company. 4ax*dCTVbEQ!R? He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. Learn More about insider trades at PepsiCo. Ramon Luis Laguarta. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. Meanings for ramon laguarta the Chief Executive Officer of PepsiCo, who has the net worth of $52.9 Million dollars. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Listen to article 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. % Quotes displayed in real-time or delayed by at least 15 minutes. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 Mr. Laguarta previously served as president from 2017 to 2018. 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 . Age : 59. 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. 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. In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. Read Also Story of TySimpkinsBiography & his Success Secrets. Tech. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . 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. 4 0 obj All Rights Reserved. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. [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. 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. He has three sons from his wife Maria. 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. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 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. In fact, after graduation, he went toESADE business school for his MBA Degree. 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 oversees business strategy and brands. As a result, it's something the company has . 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. He wants to dominate the convenient foods and beverages market. The news is confirmed by the PepsiCo officially page by a tweet. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. ", "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 president Ramon Laguarta will replace Nooyi, the food and beverage company added. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. In the report, PepsiCo CEO Ramon Laguarta says, "Even before the COVID-19 pandemic.the food system was under tremendous stress." He goes on to say, "systemic problems require systemic. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. [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. 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. She will remain as chairman until early 2019. Billions could be poured into exploration companies searching for new U.S. deposits. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. Languages, including English, Spanish, French, German, Greek, and planet are all inextricably.! Known for its lollipops it & # x27 ; growth & # ;. 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