Along with fending off rival Coke, Laguarta will be tasked with steering the companys Frito-Lay snack business, which accounts for nearly half of the companys profits. 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. [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. Apart from being a member of the board of directors of PepsiCo, he co-chairs the Board of Stewards for the Food Systems Initiative of the World Economic Forum. 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. 1. Every Pepsi CEO has been promoted internally. 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. With a product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. [5] [6] Education [ edit] In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. As a result, it's something the company has . $7.5 million US dollars (As of 2018). With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. The news is confirmed by the PepsiCo officially page by a tweet. PepsiCo has confirmed that Ramon Laguarta will replace departing CEO Indra K. Nooyi after she announced she will step down as head of the food and drink multinational on 3 October. )"eIt'9BY}/j&L,Q^=q*, >DQ;IsT1O&H&9ZlwzX|[)L"byzlTlea:/s1S_UKu\/~[*C~mPN4_y9>l9OJy"QUy/6x>AG:}P~es'E ZsSYVwD\I$F$D0cTI/rH=qvS00l/YN1 PepsiCo's insider roster includes David Flavell (EVP), Marie Gallagher (SVP), Hugh Johnston (CFO), Ramkumar Krishnan (CEO), Ramon Laguarta (CEO), Laxman Narasimhan (CEO), Silviu Popovici (CEO), Gregg Roden (Exec. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. PepsiCo CEO Ramon Laguarta has shared a pleasantly surprising update on his company's Tesla Semi orders. Ramon Laguarta (age 58) is from Barcelona, Spain. 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. 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. 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. He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. His career started by working in the Spanish leading confectionary shop named Chupa Chups. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. In fact, we should, and will, do the opposite. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. Those days are over. "Laguarta has really been able to usher in change," Murphy said. Popularly known as the Businessperson of Spain. FOX Business takes a look at Laguarta and his track to the C-Suite. The consent submitted will only be used for data processing originating from this website. An example of data being processed may be a unique identifier stored in a cookie. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. As per his marital status, we have information that Ramon is married. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. For Advertisement on our Site or to report a problem, kindly contact our team via email address. Later, he moved to the USA to be a President of a multinational company. He took over the position of the Chairman of the Board of Directors on February 1, 2019. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. Mutual Fund and ETF data provided byRefinitiv Lipper. FAQ - New Privacy Policy. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. [1], Laguarta was unanimously voted in as PepsiCo's next CEO on 6 August 2018, the same day Indra Nooyi announced she was stepping down. I dont believe we should do that. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. Traveling, Reading, and Listening to music. Mr. Ramon Luis Laguarta is an Independent Director at Visa, Inc., a Chairman & Chief Executive Officer at PepsiCo, Inc. and a President & Chief Executive Officer at Pepsico . PY$,*C2*g#yAdIaG)rO.QaB*"F E^ From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. "I also want to thank Nooyi for her overwhelming support. 1. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 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. From a young age, he showed an interest and talent for business. Later, he was appointed as the CEO of the companyin Europe. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. PepsiCos headquarters is in Harrison, New York. 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: Ramon Luis Laguarta. stream 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. All rights reserved. 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. ", "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. MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. Jan 10, 2019, 16:30 ET. 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. Omer Malik Vice President Beverages South East Asia. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . That's the future of the #1 potato chip. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . Andy Morton. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. 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 oversees business strategy and brands. "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? Laguarta will be just the sixth CEO of the company in its 53 years of business. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo Purchase, New York, United States 198K followers 48 connections Join to follow PepsiCo Esade About CEO of PepsiCo, a global food and. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. "double down" on marketing fizzy drinks brands. <> Biography of Ramon Luis Laguarta. [3] s el sis CEO en la histria de l'empresa, [4] i el primer CEO espanyol d'una gran multinacional nord-americana. This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. We and our partners use cookies to Store and/or access information on a device. On this Wikipedia the language links are at the top of the page across from the article title. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. Moreover, he will be joining the company as CEO and boards of membersin October 2018. Later, he was appointed as the CEO of the company in Europe. Information on this page was last updated on 10/26/2022. Under Nooyi's watch, PepsiCo's revenues grew by 80%. Robert Scammell. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. The impact of the earthquake is devastating. In some ways, sustainability used to be a side project or a distraction: a drain on precious resources and a potential drag on the bottom line. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. With the current uncertainty in the world after Indra Nooyi stepped down sold at an average price of 173.09... To slow down our investments in pep+ as president, Chairman, and CEO, he moved the. Laguarta 's buying and selling at PepsiCo as a marketing vice-president for Spain Snacks, our pep+ agenda continues be... This website come October of $ 173.09, for a transaction totalling 1,021,231.00... 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