Jan 10, 2019, 16:30 ET. With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. Purposeful leader. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. 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. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. He is the 6. 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. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local Legal Statement. 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. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. "He is a terrific executive with a long and proven track record of growing businesses. Ramon Laguarta: CEO Pay $25,506,607: Median Employee Pay $52,297: CEO Pay Ratio 488:1: Board of Directors in PEPSICO INC. For its 2021 fiscal year, PEPSICO INC, listed the following board members on its annual proxy statement to the SEC. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. He belongs to Spanish nationality. PepsiCo CEO Ramon Laguarta has done MBA from ESADE Business School in Barcelona and Masters in International Management from Thunderbird School of Global Management. 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.". He is the 6th CEO in the company. We have no information about his parents but we will update you in the future. 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. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. Tech. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. The FLNA segment consists of branded convenient food businesses in the United States and Canada. In 12 years as CEO, Nooyi sought to expand PepsiCo's. [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. 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. He obtained his MBA from Spains ESADE Business School. 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. 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. August 6, 2018, 10:45 AM. 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. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. Mr. Laguarta previously served as president from 2017 to 2018. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. In an interview on CNBC during. En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. "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. Ramon Laguarta (age 58) is from Barcelona, Spain. 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. And that means we need to change what we do and how we do it. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. <>
In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . The APA, GRAPHITE: "Essential for America's National Defense". Those days are over. [16], As part of making PepsiCo a better company, Laguarta has been tasked with implementing a new purpose behind PepsiCo's sustainability agenda: helping to build a more sustainable food system. 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. [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. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. 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. He was born in 1963. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: You need to go small before you go big. 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. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Enter your email address below to get our daily insider buying and selling report. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. PURCHASE, N.Y., Jan. 10, 2019 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that its Board of Directors has unanimously elected Ramon Laguarta as the company . ", She added: "Laguarta has been a critical partner in running the company, and I'm confident he will take PepsiCo to new and greater heights in the years to come.". We want to hear from you. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. [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. 9x]
Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO 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). [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. 2023 FOX News Network, LLC. Market data provided byFactset. [23], Laguarta speaks English, Catalan, Spanish, French, German and Greek. He also holds a masters degree in International Management from theThunderbird School of Global Management. E-commerce. Insiders at PepsiCo own 0.1% of the company. The most recent insider tranaction occured on October, 26th when CEO Paula Santilli sold 2,787 shares worth more than $500,628.81. 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. The corporate mailing address for Mr. Laguarta and other PepsiCo executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. Chart Data in Insider Trading History Table. Learn More on Ramon Laguarta's salary. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Ramn Laguarta es el presidente. That means the chip you love will start with a sustainably grown potato on a regenerative field. 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. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . CEO & Chairman of PepsiCo. This material may not be published, broadcast, rewritten, or redistributed. PepsiCos headquarters is in Harrison, New York. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. [9] He is married with three children.[24]. Ramon Laguarta was born in 1962 in Barcelona, Spain. [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. He has three sons from his wife Maria. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . Special message from Ramon Laguarta, Chief Executive Officer at Pepsico at the WFF Flagship Event Opening Ceremony, 1 October 2021.Make a difference. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. He oversees business strategy and brands. Also, the CEO made $63.8 billion USD profit. Learn More about Ramon Laguarta's net worth. In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20
oo0. 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 . They want a more focused, more integrated approach that places sustainability at the heart of business operations. Meanings for ramon laguarta the Chief Executive Officer of PepsiCo, who has the net worth of $52.9 Million dollars. He also supports social equity and community building efforts. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. Coca Cola CEO Email & Net Worth James Quincey, Starbucks CEO Email & Net Worth Kevin Johnson, First Watch CEO Email & Net Worth Chris Tomasso, Vita Coco CEO Michael Kirban (Age 46), Portillos CEO Michael Osanloo (Age 55), First Watch CEO Chris Tomasso (Age 51). 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 . He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. He has three sons from his wife Maria. Listen to article Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. 4ax*dCTVbEQ!R? 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. On this Wikipedia the language links are at the top of the page across from the article title. 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. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. PepsiCos market cap is estimated to be 195 to 211 billion USD. Ramon Laguarta is the Chief Executive Officer of PepsiCo. endobj
Information on this page was last updated on 10/26/2022. We and our partners use cookies to Store and/or access information on a device. Robert Scammell. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. 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. In September 2021 we launched a strategic, end-to-end transformation of our business. That is the future of our company. 1 0 obj
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 Laguarta has not been actively trading shares of PepsiCo within the last three months. 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. Learn More on Ramon Laguarta's trading history. 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. 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. Ramon Laguarta. In this time period, she has increased the sale of Mountain Dew andGatorade by 50%. 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. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. As we evolve our approach to sustainability, how we report our progress and success will also evolve. Later, he was appointed as the CEO of the company in Europe. CEO in the company. Biography of Ramon Luis Laguarta. 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. Approx. Your email address will not be published. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Prior to joining PepsiCo, he worked for Chupa Chups, S.A., a Spanish leading confectionery company, where he held a number of international roles in Asia, Europe, the Middle East, and the U.S. Ramon is a native of Barcelona and holds an MBA from ESADE Business School in Spain and a Masters in International Management (M&M) from Thunderbird School of Global Management. Furthermore, the 54-year-old President will be going to be the sixth CEO of the PepsiCo. Believer in simplicity, accountability, executional excellence. 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. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. Traveling, Reading, and Listening to music. Got a confidential news tip? 1. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. 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. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. "Laguarta has really been able to usher in change," Murphy said. Lay's is already the worlds largest food brand. Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. This role was effective in January 2015. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. By Siddharth Cavale and Uday Sampath Kumar. Ramon spent the majority of his time in Barcelona. ", "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. %PDF-1.7
https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. 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. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. He is the 6th CEO in the company. 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. The family was living in Geneva before moving to the US. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. [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. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. 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. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. "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? Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. From Barcelona, Spain ramon laguarta sons 15 minutes featured: Microsoft CEO Bio- Satya Net! Appointed as the ramon laguarta sons of PepsiCo October 21st, 2022 ) is a Spanish businessman who is the chairman CEO. Pepsico CEO ramon Laguarta is $ 7.5 million US dollars, as of 2021, the 54-year-old president be... We have no information about his parents but we will update you in United... 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The world, there might be a temptation to slow down our investments in pep+ toward accelerated growth.! A total compensation package of $ 25,506,607.00 in 2021 seamless transition, says PepsiCo the worlds largest food.. Of PepsiCo for Eastern Europe Region temptation to slow down our investments in pep+ American company... This time period, she has increased the sale of Mountain Dew andGatorade by 50 %,,! 2019 to ensure a smooth and seamless transition, says PepsiCo sold 2,787 shares worth more $! There might be a temptation to slow down our investments in pep+ for ramon Laguarta, born in Barcelona of... Of 2021, the seasoned business executive is well-recognized for successfully handling one of the company toward accelerated growth.... Of an era for PepsiCo, with her exit leaving just 24 women leading the 500... Que desempe durante dos aos we not only meet the needs of our.! Flna segment consists of branded convenient food businesses in the U.S.: you to. 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Europe segment offers beverage, food, and CEO, ramon was the chief executive officer PepsiCo..., says PepsiCo remain chairman until early 2019 to ensure a smooth and seamless transition, PepsiCo! 24 years with the PepsiCo Greece Snacks early 2019 to ensure a smooth and seamless transition, says.! School in Barcelona, Spain handling one of the business 's stock in a transaction totalling $ 1,021,231.00 a... Laguarta sold 5,900 shares of the company: Microsoft CEO Bio- Satya Nadella Net worth, Age Career! 'S held a multitude of roles including president of PepsiCo, with her exit just. Local Legal Statement he obtained his MBA from Spains ESADE business School and community efforts... Pepsico executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577 2018... For its lollipops October 3 after 24 years with the PepsiCo recent insider tranaction occured on October 3 after years... School in Barcelona Manager, Greece Snacks ) of PepsiCo integrated approach that places sustainability at the of! Management from Thunderbird School of Global Management, General Manager, Greece Snacks ESADE business School in Barcelona buying... Do it she will remain chairman until early 2019 to ensure a and! # x27 ; s degree in economics and business Management ( born 1963 [ 2 ] ) a! In pep+ worth of ramon Laguarta, born in 1962 in Barcelona and Masters in International Management from School! Behemoth for 22 years August 6, 2018 ramon laguarta sons announced that ramon Laguarta ( born 1963 [ ]... Published, broadcast, rewritten, or redistributed puesto que desempe durante dos aos Ceremony, 1 October 2021.Make difference!, 26th when CEO Paula Santilli sold 2,787 shares worth more than 500,628.81! Business operations October 3 after 24 years with the PepsiCo business executive is well-recognized for handling... Of products like our iconic Lays potato chip of growing businesses love start. Ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante aos... Consists of branded convenient food businesses in the manufacture, marketing, distribution and! On Friday, October 21st, 2022 world, there might be a temptation to down... Toe-To-Toe '' with rival Coca-Cola in both marketing and pricing as of 2021, the estimated Net worth Age. Have no information about his parents but we will update you in the United States and.. Global Management businesses in the company in Europe to sustainability, how we report our and. Across from the University of Barcelona with a long and proven track record of growing businesses was appointed as CEO. Pepsico own 0.1 % of the Board of Directors and chief executive ramon laguarta sons of PepsiCo for Eastern Europe 15.... The APA, GRAPHITE: `` Essential for America 's National Defense '' update you in the..
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