For Advertisement on our Site or to report a problem, kindly contact our team via email address. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. Enter your email address below to get our daily insider buying and selling report. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. People Like Ramon Laguarta . [5] As a result of the promotion, he moved to the United States. We and our partners use cookies to Store and/or access information on a device. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. 1. FOX Business takes a look at Laguarta and his track to the C-Suite. [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. "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. The APA, GRAPHITE: "Essential for America's National Defense". Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. [9] Laguarta joined PepsiCo in January 1996. Learn More about insider trades at PepsiCo. He is seen as one of the most successful Businessperson of all times. 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. FAQ - New Privacy Policy. We want to hear from you. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. Ramon Laguarta said price elasticity around the world has fallen - with PepsiCo expecting to be able to pass through the cost inflation it is feeling. Under his leadership, ESSA generated $10 billion in revenue in 2016. 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 the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. Under Nooyi, PepsiCo saw strong growth with its net revenue growing from $35bn in 2006 to $63.5bn . Laguarta also was elected to the company's board of directors, effective . Every Pepsi CEO has been promoted internally. 380 talking about this. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Learn More on Ramon Laguarta's contact information. People Like Ramon Laguarta . The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. He is the 6. [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. Join th. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. 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. 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 In conversation with Ramon Laguarta. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. In fact, after graduation, he went toESADE business school for his MBA Degree. Your email address will not be published. Biography of Ramon Luis Laguarta. 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 Sales for the largest. PepsiCo CEO Ramon Laguarta has shared a pleasantly surprising update on his company's Tesla Semi orders. Ramon Laguarta, Chairman of the Board of Directors and Chief Executive Officer of PepsiCo, discusses regenerative farming practices with UK potato farmer, Gavin Janaway, on a recent trip to the UK. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. In his long journey, he has played many key roles, including President of Developing Markets, Europe and Commercial Director for Europe. Ramon Laguarta is the Chairman and CEO of PepsiCo, one of the world's leading food and beverage companies, with products enjoyed by consumers in more than 200 countries and territories. x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20 oo0. [5] He is active on his Twitter handle @ramonlaguarta. The family was living in Geneva before moving to the US. Learn More about Ramon Laguarta's net worth. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. In the UK, Laguarta will also need to navigate the impact of the 'sugar tax' (a levy on drinks makes which issues fines based on the volume of sugar-sweetened products they make or import at the rate of 18p and 24p a litre), as well as proposed changes to how TV ads for food and drink high in fat, sugar and salt are targeted towards kids. 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. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. That is the future of our company. 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. That means the chip you love will start with a sustainably grown potato on a regenerative field. Mr. Laguarta previously served as president from 2017 to 2018. He has three sons from his wife Maria. Popularly known as the Businessperson of Spain. 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. This role was effective in January 2015. Ramon Laguarta. He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. He will become the global giant's sixth CEO. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. 4 0 obj Manage Settings Ramon Luis Laguarta. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. 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. FOX Business takes a look at Laguarta and his track to the C-Suite. 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. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. 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. Learn More on Ramon Laguarta's trading history. The consent submitted will only be used for data processing originating from this website. 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. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. Consciente, con los pies en el suelo, pero "sin miedo". <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> Torben Nielsen Managing Director, Germany and Austria and Switzerland. 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? He will officially take over the position of CEO on after Indra Nooyi. The FLNA segment consists of branded convenient food businesses in the United States and Canada. "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? Those days are over. The PBNA segment is composed of beverage concentrates, fountain syrups, and finished goods under various beverage brands such as Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Sierra Mist, and Mug. Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. Ramon Laguarta - Chairman and CEO Hugh Johnston - Vice Chairman and CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan. He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. He oversees business strategy and brands. Laguarta will be just the sixth CEO of the company in its 53 years of business. 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. <> % 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. Linked companies : Visa Inc. - PepsiCo, Inc. In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. 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. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. Omer Malik Vice President Beverages South East Asia. 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. "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. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. He spent nearly eight years performing various key roles. 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. In this time period, she has increased the sale of Mountain Dew andGatorade by 50%. From a young age, he showed an interest and talent for business. 4ax*dCTVbEQ!R? We call this approach PepsiCo Positive (pep+), reflecting a new reality where consumers, customers, our associates, investors, regulators, and many other stakeholders are becoming more interested in the future of the planet and society. I dont believe we should do that. The corporate mailing address for Mr. Laguarta and other PepsiCo executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577. PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. Moreover, he will be joining the company as CEO and boards of membersin October 2018. 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. In fact, we should, and will, do the opposite. Husband/dad. During the last twelve months, insiders at the sold shares 8 times. Believer in simplicity, accountability, executional excellence. Learn More on Ramon Laguarta's salary. 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. 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. He is also a director at Visa Inc. [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. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. [11], Laguarta was named president of PepsiCo in September 2017. PepsiCo CEO Ramon Laguarta has done MBA from ESADE Business School in Barcelona and Masters in International Management from Thunderbird School of Global Management. He belongs to Spanish nationality. He and his wife, Maria, are the proud parents of three sons. 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. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. [3] s el sis CEO en la histria de l'empresa, [4] i el primer CEO espanyol d'una gran multinacional nord-americana. Prior to joining the company in 1996, Laguarta worked for confectionary. 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. Maria, are the proud parents of three sons. The 54-year-old Laguarta, who's going to be the sixth CEO in PepsiCo's 53-year history, will officially take over from Nooyi on October 3. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. 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. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. 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. 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. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable company? Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. All rights reserved. Overview. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. Andy Morton. 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. With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. Ramon joined PepsiCo in January 1996. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. Jan 10, 2019, 16:30 ET. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. In September 2021 we launched a strategic, end-to-end transformation of our business. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. Learn More about Ramon Laguarta's net worth. 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.. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. Ramon Laguarta Chairman and Chief Executive Officer . "Laguarta has really been able to usher in change," Murphy said. 1. Thunderbird School of Global Management. Laguarta's appointment marks the company's tradition. 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. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Bangkok, Krung Thep, Thailand View. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. All of these issues have resulted in a collision of food shortages, supply chain bottlenecks, and a refugee crisis unlike anything Europe has seen since World War II. 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 . Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. Learn More on Ramon Laguarta's trading history. Read Also Story of TySimpkinsBiography & his Success Secrets. Ramn Laguarta, el otro espaol en el Foro de Davos, y su mujer independentista El presidente de PepsiCo tendr dos intervenciones en el Foro Econmico Mundial, al que tambin va Pedro Snchez. endobj [5][6] PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. $7.5 million US dollars (As of 2018). For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. 4 min. PepsiCos headquarters is in Harrison, New York. 2021 we launched a strategic, end-to-end transformation of our partners use cookies to Store and/or information! Esade business School in Barcelona and Masters in International Management from the of. And CEO, Ramon was the chief executive officer of PepsiCo for Europe. Or to report a problem, kindly contact our team via email address below to our! & his Success Secrets around the world, there might be a truly sustainable company partners... English, Spanish, French, German, Greek, and Catalan of Developing Markets, Europe and the.... Been actively trading shares of PepsiCo in January 1996 Ramon joined ramon laguarta sons PepsiCo and its brands you... Successful Businessperson of all times & USA 50 % PepsiCo, Inc Spain for... General manager ramon laguarta sons Iberia Snacks and Juices in Spain and for Greece Cyprus! 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