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. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. Following the completion of the sale, the chief executive officer now directly owns 310,757 shares of the company's stock, valued at $53,788,929.13. 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 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. Mr. Laguarta owns 310,757 shares of PepsiCo stock worth more than $53,925,662 as of March 1st. 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. 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. He is active on his Twitter handle @ramonlaguarta. OAKLAND, CA - JUNE 10: Oakland Athletics' Ramon Laureano (22) takes batting practice before their MLB game against the Kansas City Royals at the Coliseum in Oakland, Calif., on Thursday, June . Ramon Laguarta was born in 1962 in Barcelona, Spain. Frankfurt, HE, DE View. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. Jan 10, 2019, 16:30 ET. Manage Settings 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. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). Ramon Luis Laguarta. Public asset : 54,221,664 USD. 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. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. [5] He has three sons from his wife Maria. On 3 October 2018, the 56-year-old veteran will be leading the company as CEO in the US and also will be part of boards of Directors. People Like Ramon Laguarta . 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.". PepsiCo (NASDAQ:PEP) CEO Ramon Laguarta is brushing aside economists' predictions of a coming global recession and voiced his optimism for the next 12 months. 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. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. 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. 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. People Like Ramon Laguarta . Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. FOX Business takes a look at Laguarta and his track to the C-Suite. Purposeful leader. [3] s el sis CEO en la histria de l'empresa, [4] i el primer CEO espanyol d'una gran multinacional nord-americana. Ramon Laguarta is the Chief Executive Officer of PepsiCo. From 2002 to 2006, he was General Manager for Iberia Snacks and Juices, and from 1999 to 2001 a General Manager for Greece Snacks and Marketing Vice President for Spain Snacks. Overview. Nooyi's spell leading PepsiCo has been particularly strong, with net revenue growth rising from $35bn in 2006 to $63.5bn last year under year watch. He will officially take over the position of CEO on after Indra Nooyi. Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. In fact, after graduation, he went toESADE business school for his MBA Degree. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Ramon joined PepsiCo in January 1996. FOX Business takes a look at Laguarta and his track to the C-Suite. He is seen as one of the most successful Businessperson of all times. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. 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? In 12 years as CEO, Nooyi sought to expand PepsiCo's. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>>
He and his wife, Maria, are the proud parents of three sons. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . Ramon Laguarta is Chief Executive Officer, Europe Sub-Saharan Africa, with responsibility for leading our food and beverages businesses across Europe and our food business in Sub-Saharan Africa. Special message from Ramon Laguarta, Chief Executive Officer at Pepsico at the WFF Flagship Event Opening Ceremony, 1 October 2021.Make a difference. endobj
Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable company? PepsiCo CEO Ramon Laguarta has done MBA from ESADE Business School in Barcelona and Masters in International Management from Thunderbird School of Global Management. Most Popular. 4 0 obj
Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. Linked companies : Visa Inc. - PepsiCo, Inc. Our PepsiCo Foundation team is working closely with our non-profit partners to. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. 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 . Every Pepsi CEO has . He is the 6th CEO in the company. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. Through it all, climate change has continued to increase its impact on our fragile ecosystems, leading to extreme weather, crop failures, and changes in the range and abundance of certain plants and animals. He took over the position of the Chairman of the Board of Directors on February 1, 2019. He is also a director at Visa Inc. Those days are over. Billions could be poured into exploration companies searching for new U.S. deposits. 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.. 2023 CNBC LLC. Popularly known as the Businessperson of Spain. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. PepsiCos headquarters is in Harrison, New York. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. In an interview on CNBC during. CEO in the company. Market data provided byFactset. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. The most recent insider tranaction occured on October, 26th when CEO Paula Santilli sold 2,787 shares worth more than $500,628.81. 380 talking about this. With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. Ramon Laguarta. (Recommended: Coca Cola CEO Email & Net Worth James Quincey). We and our partners use cookies to Store and/or access information on a device. In conversation with Ramon Laguarta. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. 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. Torben Nielsen Managing Director, Germany and Austria and Switzerland. Ramon Laguarta. Heres how much it will cost. 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. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat. Suggested: Apple CEO Bio - Tim Cook Net Worth, Salary, Career, & More, American Express CEO - Stephen Squeri Net Worth, Salary, Age, & More, https://www.linkedin.com/in/ramonlaguarta, . All Rights Reserved. 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%. Investors seem pleased with the handoff, Pepsis shares rose following the announcement. 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. Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. 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. 2 0 obj
Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. Get this delivered to your inbox, and more info about our products and services. He was born in 1963. El barcelons Ramn Laguarta, CEO Global de PepsiCo, ha sido premiado con el galardn del Career Award de marketing que otorga el Club de Marketing Barcelona, presidido por Luis Torra. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. 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. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. 9x]
Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO [11], Laguarta was named president of PepsiCo in September 2017. His appointment will become effective October 3, 2018. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . 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.". Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. In September 2017, he moved to the USA to be a President of the company. 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. 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. 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