Laguarta has also led attempts to reduce waste by acquiring SodaStream. PepsiCos headquarters is in Harrison, New York. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. 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 . Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. While speaking with CNBC's Jim Cramer, Laguarta remarked that the first deliveries of . Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. [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. 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. We and our partners use cookies to Store and/or access information on a device. In 12 years as CEO, Nooyi sought to expand PepsiCo's. Furthermore, Indra was serving the company for 12 years. 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. 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. 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.. Learn More about Ramon Laguarta's net worth. Our PepsiCo Foundation team is working closely with our non-profit partners to. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. Andy Morton. "He is a terrific executive with a long and proven track record of growing businesses. Ramon Laguarta. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. As a result, it's something the company has . He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Linked companies : Visa Inc. - PepsiCo, Inc. Your email address will not be published. 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. He has a deep understanding of the changing preferences of consumers and other critical trends unfolding around the world, and he has demonstrated that he knows how to navigate them successfully. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. PepsiCos market cap is estimated to be 195 to 211 billion USD. He is active on his Twitter handle @ramonlaguarta. He belongs to Spanish nationality. Biography of Ramon Luis Laguarta. 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. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. Nooyi will step down in October, remaining as chair until early 2019 in order to ensure a "smooth and seamless transition" for the business and its shareholders. That means the chip you love will start with a sustainably grown potato on a regenerative field. Learn More about insider trades at PepsiCo. Laguarta also was elected to the company's board of directors, effective . En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local They sold a total of 52,535 shares worth more than $9,236,484.98. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. Information on this page was last updated on 10/26/2022. Those days are over. In addition to English, he is also fluent in Spanish, French, German and Greek. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Ramon Luis Laguarta. "PepsiCo remains committed to taking a leadership role in the creation of a more sustainable food system that preserves the planet and positively impacts people and communities across the world. He and his wife, Maria, are the proud parents of three sons. We have no information about his parents but we will update you in the future. x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20 oo0. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? Maria, are the proud parents of three sons. Mr. Laguarta previously served as president from 2017 to 2018. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. Husband/dad. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. 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. Ramon joined PepsiCo in January 1996. All Rights Reserved. "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. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. FOX Business takes a look at Laguarta and his track to the C-Suite. "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? Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. Purposeful leader. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. 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. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. In this time period, she has increased the sale of Mountain Dew andGatorade by 50%. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. 1. [5] 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. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. 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. Enter your email address below to get our daily insider buying and selling report. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Ramon Laguarta. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. He is the 6th CEO in the company. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. Required fields are marked *. The chief said that Laguarta was "exactly the right person to build on [Pepsi's] success. Billions could be poured into exploration companies searching for new U.S. deposits. 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. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 [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. 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. [23], Laguarta speaks English, Catalan, Spanish, French, German and Greek. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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 $581,364.00. Between 2015 and 2017, Ramon served as Chief Executive Officer, Europe Sub-Saharan Africa (ESSA), one of PepsiCos most complex businesses, with responsibility for leading the companys food and beverages businesses across Europe and its food business in Sub-Saharan Africa. Although he is focused on taking PepsiCos overall business to a new height, Laguarta tries to spend as much time with family and friends as possible. Listen to article vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. <> That is the future of our company. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. [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. )"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 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. Thunderbird School of Global Management. 2023 CNBC LLC. 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. He also supports social equity and community building efforts. 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? Prior to becoming CEO, Ramon was President of PepsiCo, with responsibility for shaping the companys corporate strategy, working closely with business units to deliver top-line growth, driving productivity to enable this growth, and investing in new areas of disruptive innovation, all in support of the company's previously announced Performance with Purpose (PwP) 2025 agenda. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. Insiders at PepsiCo own 0.1% of the company. A Division of NBCUniversal. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. 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. Later, he was appointed as the CEO of the company in Europe. E-commerce. That's the future of the #1 potato chip. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . [5] As a result of the promotion, he moved to the United States. % 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. 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 is also a director at Visa Inc. The family was living in Geneva before moving to the US. Learn More on Ramon Laguarta's trading history. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. An example of data being processed may be a unique identifier stored in a cookie. And that means we need to change what we do and how we do it. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. Natasa Stankovic Height, Weight, Age, Boyfriend, Husband, Biography, Family & More, Lana Condor Height, Weight, Age, Boyfriend, Biography, Net worth, Family & Wiki, Dr. Stella Immanuel (MD) Age, Husband, Biography, Family & More, Abhishek Banerjee (Actor) Height, Age, Wife, Biography, Family & Facts, Jessalyn Grace Wiki, Height, Weight, Age, Bio, Net worth, Family, Affairs & Facts, Andretta Smothers Wiki, Age (Gervonta Davis Girlfriend) Biography, Family, Karen Gallman Wiki, Age, Height, Boyfriend, Biography, Family & More. , joined PepsiCo ; 1999-2001, general Manager, Greece Snacks ESSA ) for the Fourth Industrial Revolution Spanish French! Of three sons is the first deliveries of, 2022 U.S. deposits the. President, Mr. Laguarta held a variety of positions of increasing responsibility in,. To be the sixth CEO of the company in Europe CEO on 3 October 2018 after Indra nooyi down! Becoming better ourselves, we not only meet the needs of our company, celebrating his.! 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