4ax*dCTVbEQ!R? A Division of NBCUniversal. I dont believe we should do that. He and his wife, Maria, are the proud parents of three sons. Learn More on Ramon Laguarta's contact information. Andy Morton. [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. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Therefore, his age isFifty-Four (54) years old as in 2018. The QFNA segment includes cereals, rice, and pasta under the Quaker, Pearl Milling Company, Quaker Chewy, Cap'n Crunch, Life, and Rice-A-Roni brands. [5] [6] Education [ edit] That means the chip you love will start with a sustainably grown potato on a regenerative field. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. Laguarta also was elected to the company's board of directors, effective . Laguarta's appointment marks the company's tradition. CEO & Chairman of PepsiCo. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. In September 2017, he moved to the USA to be a President of the company. Thunderbird School of Global Management. Maria, are the proud parents of three sons. Furthermore, Indra was serving the company for 12 years. Ramon Laguarta, Chairman of the Board of Directors and Chief Executive Officer of PepsiCo, discusses regenerative farming practices with UK potato farmer, Gavin Janaway, on a recent trip to the UK. PepsiCo (NASDAQ:PEP) CEO Ramon Laguarta is brushing aside economists' predictions of a coming global recession and voiced his optimism for the next 12 months. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local 380 talking about this. Information on this page was last updated on 10/26/2022. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ Moreover, he will be joining the company as CEO and boards of membersin October 2018. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. They want a more focused, more integrated approach that places sustainability at the heart of business operations. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. On this Wikipedia the language links are at the top of the page across from the article title. Most recently, Ramon Laguarta sold 5,900 shares of the business's stock in a transaction on Friday, October 21st. endobj 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. Laguarta will be just the sixth CEO of the company in its 53 years of business. CEO in the company. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. 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 Laguarta was born in 1962 in Barcelona, Spain. Ramon Laguarta Chairman and Chief Executive Officer . (Recommended: Coca Cola CEO Email & Net Worth James Quincey). Mutual Fund and ETF data provided byRefinitiv Lipper. "PepsiCo today is in a strong position for continued growth with its brightest days still ahead," she finished. In fact, the companys share price also rose to 78%. 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. Bangkok, Krung Thep, Thailand View. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. 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 . Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. Mr. Laguarta owns 310,757 shares of PepsiCo stock worth more than $53,925,662 as of March 1st. Mr. Laguarta previously served as president from 2017 to 2018. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Ramon Laguarta. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). 2023 FOX News Network, LLC. Every Pepsi CEO has . To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Later, he was appointed as the CEO of the companyin Europe. "I also want to thank Nooyi for her overwhelming support. 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 . Under Nooyi, PepsiCo saw strong growth with its net revenue growing from $35bn in 2006 to $63.5bn . In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable company? [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. The family was living in Geneva before moving to the US. Traveling, Reading, and Listening to music. Learn More on Ramon Laguarta's salary. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Prior to joining the company in 1996, Laguarta worked for confectionary. 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. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. 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 . He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. Billions could be poured into exploration companies searching for new U.S. deposits. 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. 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 . 3 0 obj [20], In addition to being a member of the PepsiCo Board of Directors,[21] Ramon also currently serves as a director of Visa Inc.[22] He also currently serves as the Co-Chair of the World Economic Forum's Board of Stewards for the Food Systems Initiative. Now, amid a shift towards healthier lifestyles and changing consumer habits, Laguarta will have to strike the balance between the development and marketing healthier alternatives versus pumping spend into Pepsi's flagship products. Also, the CEO made $63.8 billion USD profit. PepsiCos market cap is estimated to be 195 to 211 billion USD. Overview. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. Husband/dad. "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. Mr. Laguarta previously served as president from 2017 to 2018. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. Chipotle CEO makes food safety top priority, Texas Instruments CEO resigns on code of conduct violation, Want the best CEO? 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. Ramon Laguarta (age 58) is from Barcelona, Spain. 1. 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 family was living in Geneva before moving to the US. <> Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Heres how much it will cost. 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. 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? Prior to serving as CEO of ESSA, Ramon also held a variety of positions of increasing responsibility in Europe, including as Commercial Vice President of PepsiCo Europe from 2006 to 2008, President, PepsiCo Eastern Europe Region from 2008 to 2012, President, Developing & Emerging Markets, PepsiCo Europe from 2012 to 2015and Chief Executive Officer, PepsiCo Europe in 2015. Age : 59. Continue with Recommended Cookies. Frankfurt, HE, DE View. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. Quotes displayed in real-time or delayed by at least 15 minutes. 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. Of PepsiCo stock Worth more than $ 53,925,662 as of March 1st `` I also to. 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