Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. Ramon joined PepsiCo in January 1996. Ramon Laguarta (age 58) is from Barcelona, Spain. Age : 59. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. He was born in 1963. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. Ramon Laguarta. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. An example of data being processed may be a unique identifier stored in a cookie. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. She will remain as chairman until early 2019. [11], Laguarta was named president of PepsiCo in September 2017. 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. This material may not be published, broadcast, rewritten, or redistributed. 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. [9] Laguarta joined PepsiCo in January 1996. In fact, the companys share price also rose to 78%. In this time period, she has increased the sale of Mountain Dew andGatorade by 50%. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. The corporate mailing address for Mr. Laguarta and other PepsiCo executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577. As a result, it's something the company has . 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. 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 oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. FOX Business takes a look at Laguarta and his track to the C-Suite. He oversees business strategy and brands. "He is a terrific executive with a long and proven track record of growing businesses. %PDF-1.7 Meanings for ramon laguarta the Chief Executive Officer of PepsiCo, who has the net worth of $52.9 Million dollars. 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. 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. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. The family was living in Geneva before moving to the US. He was appointed as a CEO of PepsiCo of Europe in 2014. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. All Rights Reserved. [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. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". 2023 CNBC LLC. 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. They want a more focused, more integrated approach that places sustainability at the heart of business operations. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? 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. They sold a total of 52,535 shares worth more than $9,236,484.98. 1. 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. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. Purposeful leader. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. 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. 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. In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. Continue with Recommended Cookies. He has 4 childrenwith his wife but as of now, we do not know the names. [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. "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. As we evolve our approach to sustainability, how we report our progress and success will also evolve. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 1. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . 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. Later, he moved to the USA to be a President of a multinational company. Investors seem pleased with the handoff, Pepsis shares rose following the announcement. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. Ramon Laguarta was born in 1962 in Barcelona, Spain. We have no information about his parents but we will update you in the future. Laguarta's appointment marks the company's tradition. Tech. 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. PepsiCos headquarters is in Harrison, New York. endobj Learn More on Ramon Laguarta's trading history. Ramon Laguarta Chairman and Chief Executive Officer . In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. By Siddharth Cavale and Uday Sampath Kumar. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. During the last twelve months, insiders at the sold shares 8 times. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. We and our partners use cookies to Store and/or access information on a device. 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 . ". In conversation with Ramon Laguarta. The Summary includes how we're leveraging our brands, people, and scale to create positive change, and illustrates progress with the latest real-life examples. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. That is the future of our company. 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 endobj We want to hear from you. 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. 380 talking about this. 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. In 12 years as CEO, Nooyi sought to expand PepsiCo's. 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. 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. Ramon is completely aligned with PepsiCos sustainable packaging vision. He will officially take over the position of CEO on after Indra Nooyi. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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. CEO in the company. [5] [6] Education [ edit] Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. 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 . 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. En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. Ramon Laguarta Wiki, Wife, Age, Net worth, Family(PepsiCo CEO) Biography, Ethnicity, Height, Weight, Wealth, Kids, Personal Life Affairs, Girlfriend, House, Parents, Controversy & Profile:Ramon Laguarta (born in 1964) is a Spanish President of PepsiCo Inc fromBarcelona, Spain. Maria, are the proud parents of three sons. The family was living in Geneva before moving to the US. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. 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. 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. [9] He is married with three children.[24]. Our PepsiCo Foundation team is working closely with our non-profit partners to. Quotes displayed in real-time or delayed by at least 15 minutes. Billions could be poured into exploration companies searching for new U.S. deposits. 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. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. 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. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO 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? 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. He has three sons from his wife Maria. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). "I also want to thank Nooyi for her overwhelming support. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. 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. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. That's the future of the #1 potato chip. In September 2017, he moved to the USA to be a President of the company. Mr. Laguarta previously served as president from 2017 to 2018. Get this delivered to your inbox, and more info about our products and services. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. 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. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . MBA, ESADE Business School, Spain; Masters in International Management, Thunderbird School of Global Management. 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