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. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. Ramon Luis Laguarta. [12][13][14] He officially took over the role on 3 October 2018 and became Chairman of the Board of Directors on 1 February 2019. Moreover, he will be joining the company as CEO and boards of membersin October 2018. People Like Ramon Laguarta . With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. Therefore, his age isFifty-Four (54) years old as in 2018. And that means we need to change what we do and how we do it. Read Also Story of TySimpkinsBiography & his Success Secrets. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. The family was living in Geneva before moving to the US. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Lay's is already the worlds largest food brand. She has transformed the company with her bold vision and outstanding leadership, and I feel fortunate to have her as a mentor and a friend.". 1. "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. Mr. Laguarta previously served as president from 2017 to 2018. 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 . Learn More about Ramon Laguarta's net worth. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. She is the current CEO of the company. Laguarta will be just the sixth CEO of the company in its 53 years of business. 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. 3 0 obj
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His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. Later, he moved to the USA to be a President of a multinational company. 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 email communication, you can write to [emailprotected]. This role was effective in January 2015. He took over the position of the Chairman of the Board of Directors on February 1, 2019. Chairman and Chief Executive Officer, PepsiCo. endobj
At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 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 . Learn More on Ramon Laguarta's trading history. In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. "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. 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. 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. A Division of NBCUniversal. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ramon spent the majority of his time in Barcelona. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. All rights reserved. Insiders at PepsiCo own 0.1% of the company. All Rights Reserved. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. 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. Thunderbird School of Global Management. He was born in 1963. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. He is the sixth person to take the responsibility of CEO of the company as his predecessor Indra Nooyi stepped down the position on October 3, 2018. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. 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. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. 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. 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. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. 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. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. Learn More about insider trades at PepsiCo. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Ramon Laguarta ( Barcelona, 1963) s el director executiu de PepsiCo. He spent nearly eight years performing various key roles. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. The family was living in Geneva before moving to the US. [5][6] 2 0 obj
Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Laguarta fue ascendiendo y ocupando cargos cada vez ms internacionales. Mr. Laguarta owns 310,757 shares of PepsiCo stock worth more than $53,925,662 as of March 1st. Under Nooyi's watch, PepsiCo's revenues grew by 80%. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. 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. In an interview on CNBC during. 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. The impact of the earthquake is devastating. He will become the global giant's sixth CEO. [9] He is married with three children.[24]. The revamped digital format seamlessly directs stakeholders to the most relevant information, sitting atop a wealth of detailed data, updated regularly on our time-stamped ESG Topics A-Z resource. Linked companies : Visa Inc. - PepsiCo, Inc. Quotes displayed in real-time or delayed by at least 15 minutes. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. In fact, the companys share price also rose to 78%. FOX Business takes a look at Laguarta and his track to the C-Suite. 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 . Ramon Laguarta. In this conversation, IRG co-founder, Frank van den Driest and Ramon Laguarta, CEO of PepsiCo, discuss shifts in PepsiCo's business approach and how that translates into a focus on all stakeholders. Investors seem pleased with the handoff, Pepsis shares rose following the announcement. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. [9] Laguarta joined PepsiCo in January 1996. Powered and implemented byFactSet Digital Solutions. Every Pepsi CEO has been promoted internally. [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. 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%. From a young age, he showed an interest and talent for business. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. x CB$3E=x (H -
j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. He has three sons from his wife Maria. The corporate mailing address for Mr. Laguarta and other PepsiCo executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577. Laguarta also was elected to the company's board of directors, effective . 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. He belongs to Spanish nationality. He also holds a masters degree in International Management from theThunderbird School of Global Management. Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . His appointment will become effective October 3, 2018. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. [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. Andy Morton. %
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). 2023 CNBC LLC. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. He was appointed as a CEO of PepsiCo of Europe in 2014. Later, he was appointed as the CEO of the company in Europe. 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. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Tech. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! 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. Learn More on Ramon Laguarta's salary. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. In addition to English, he is also fluent in Spanish, French, German and Greek. In 12 years as CEO, Nooyi sought to expand PepsiCo's. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. 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 has three sons from his wife Maria. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. 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. That means the chip you love will start with a sustainably grown potato on a regenerative field. It operates through the following business segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), PepsiCo Beverages North America (PBNA), Latin America (LatAm), Europe, Africa, Middle East, and South Asia (AMESA), and Asia Pacific, Australia and New Zealand, and China Region (APAC). That is the future of our company. His career started by working in the Spanish leading confectionary shop named Chupa Chups. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. 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. 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. 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. Chart Data in Insider Trading History Table. As a result, it's something the company has . Laguarta has also led attempts to reduce waste by acquiring SodaStream. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". 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 previously served as president from 2017 to 2018. A term often applied with little consistency and less intention to various disparate initiatives. As we evolve our approach to sustainability, how we report our progress and success will also evolve. Pepsi's new CEO, Ramon Laguarta had said in an earnings call last week that Pepsi was already "relentlessly automating and merging the best of our optimized business models with the best new. PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. Heres how much it will cost. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. He was born in 1963. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . endobj
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PcM MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. They sold a total of 52,535 shares worth more than $9,236,484.98. 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 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. In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. August 6, 2018, 10:45 AM. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. He was born in 1963. [1], Laguarta was unanimously voted in as PepsiCo's next CEO on 6 August 2018, the same day Indra Nooyi announced she was stepping down. In fact, we should, and will, do the opposite. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. Ramon Laguarta (age 58) is from Barcelona, Spain. Listen to article PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. PepsiCos headquarters is in Harrison, New York. 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 has 4 childrenwith his wife but as of now, we do not know the names. Mutual Fund and ETF data provided byRefinitiv Lipper. Traveling, Reading, and Listening to music. Later, he was appointed as the CEO of the companyin Europe. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. Your email address will not be published. No en vano, es presidente y consejero delegado de PepsiCo, la multinacional estadounidense de los refrescos (Pepsi, Kas y Mountain Dew) y los snacks (Fritos, Lays o Doritos), que en 2018 factur. 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 He obtained his MBA from Spains ESADE Business School. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. Perhaps unsurprisingly, e-commerce as a preferred way of shopping topped the list of pandemic-prompted changes that the exec expects as a permanent trend. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. Got a confidential news tip? Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. He is also a director at Visa Inc. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . 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. An example of data being processed may be a unique identifier stored in a cookie. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. Management, Thunderbird School of Global Management and that means we need to change what we do.... In Geneva before moving to the company as CEO and boards of membersin October 2018, of! Pivoting the company as CEO and boards of membersin October 2018 under 's... Celebrating his promotion is also fluent in Spanish, French, German and Greek, Inc long journey he! Read also Story of TySimpkinsBiography & his Success Secrets speak many languages, including English, Spanish, French German. 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