MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. Ramon joined PepsiCo in January 1996. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 2023 FOX News Network, LLC. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. Chart Data in Insider Trading History Table. Believer in simplicity, accountability, executional excellence. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . 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 first arrived at PepsiCo as a marketing vice-president for Spain Snacks. Chairman and Chief Executive Officer, PepsiCo. 4 min. 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. Traveling, Reading, and Listening to music. 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. Tech. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 The QFNA segment includes cereals, rice, and pasta under the Quaker, Pearl Milling Company, Quaker Chewy, Cap'n Crunch, Life, and Rice-A-Roni brands. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. An example of data being processed may be a unique identifier stored in a cookie. The marketer-turned-Pepsi CEO taking over from Indra Nooyi", "PepsiCo CEO Indra Nooyi to Step Aside; Veteran Set to Take Helm", "PepsiCo sets goal to become 'faster, stronger and better', "Strategic plastic use drives sustainable packaging at PepsiCo", "Visa Inc. - Corporate Governance Board of Directors", "Food System Initiative Shaping the Future of Food First Annual Report April 1 st 2019 December 31st 2019", https://en.wikipedia.org/w/index.php?title=Ramon_Laguarta&oldid=1127203815, Thunderbird School of Global Management alumni, Short description is different from Wikidata, Articles with unsourced statements from September 2021, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 December 2022, at 12:57. Investors seem pleased with the handoff, Pepsis shares rose following the announcement. While speaking with CNBC's Jim Cramer, Laguarta remarked that the first deliveries of . "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. He was born in 1963. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. 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 $63 billion in net revenue in 2017, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. Ramon Laguarta - Chairman and CEO Hugh Johnston - Vice Chairman and CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan. "PepsiCo remains committed to taking a leadership role in the creation of a more sustainable food system that preserves the planet and positively impacts people and communities across the world. Ramon, a 22-year PepsiCo veteran, has served as President of PepsiCo since September 2017 with responsibility for shaping the company's corporate strategy, working . In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. Mr. Laguarta previously served as president from 2017 to 2018. It's a significant change for us, but we are starting from a position of strength, as Corporate Secretary has recognized us for best ESG reporting for the second year. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM endobj 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 is a terrific executive with a long and proven track record of growing businesses. 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, . Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. 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. endobj CEO & Chairman of PepsiCo. ", "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. Learn More about insider trades at PepsiCo. [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. On this Wikipedia the language links are at the top of the page across from the article title. The news is confirmed by the PepsiCo officially page by a tweet. PepsiCo CEO Ramon Laguarta has shared a pleasantly surprising update on his company's Tesla Semi orders. With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. 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. 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. Y aunque poco a dado a conocer de su vida privada, se conoce que obtuvo una licenciatura y realiz su MBA en la escuela de negocios ESADE en Barcelona. Biography of Ramon Luis Laguarta. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. He has three sons from his wife Maria. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. <> Popularly known as the Businessperson of Spain. PepsiCos market cap is estimated to be 195 to 211 billion USD. 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. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. 380 talking about this. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. [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. Public asset : 54,221,664 USD. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. "Laguarta has really been able to usher in change," Murphy said. [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. Furthermore, Indra was serving the company for 12 years. Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. 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. He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. Laguarta will be just the sixth CEO of the company in its 53 years of 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. That means the chip you love will start with a sustainably grown potato on a regenerative field. 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. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. She will remain as chairman until early 2019. E-commerce. 4 0 obj He oversees business strategy and brands. He will become the global giant's sixth CEO. Enter your email address below to get our daily insider buying and selling report. Prior to joining the company in 1996, Laguarta worked for confectionary. His career started by working in the Spanish leading confectionary shop named Chupa Chups. [5] [6] Education [ edit] [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. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks and Marketing Vice-President, Spain Snacks; 2002-06, General Manager, Iberia Snacks and Juices; 2006-08, Commercial Vice-President, Europe; 2008-12, President, Eastern Europe Region; 2012-15, President, Developing and Emerging Markets, Europe; 2015, Chief Executive Officer, Europe; 2015-17, Chief Executive Officer, Europe and sub-Saharan Africa, responsible for leading the companys food and beverages businesses across Europe and its food business in sub-Saharan Africa; transformed its beverage portfolio, developed the companys juice business, led the acquisition and successful integration of the companys dairy business in Russia, and advanced the companys Performance with Purpose mission; President, responsible for shaping corporate strategy, overseeing Global Category Groups; Global Operations, Corporate Strategy, and Public Policy and Government Affairs functions and the PepsiCo Foundation; since October 2018, Chief Executive Officer. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. "Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief . Required fields are marked *. That is the future of our company. Powered and implemented byFactSet Digital Solutions. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. Bangkok, Krung Thep, Thailand View. 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 . 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. 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, 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. Learn More on Ramon Laguarta's trading history. As a result, it's something the company has . August 6, 2018, 10:45 AM. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Ramon Laguarta Chairman and Chief Executive Officer . Frankfurt, HE, DE View. He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. Moreover, he will be joining the company as CEO and boards of membersin October 2018. 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