That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. Salary: $1,542,308: Bonus: $0: Value of Stock Awards: $8,745,056: Value of Option Awards: $0: Non-Equity Incentive Plan Compensation: $10,222,640: Change in Pension . In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. As per his marital status, we have information that Ramon is married. 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. In this context, we have been thinking hard about what it means to be a truly sustainable company, one that creates growth and value for all of our stakeholders. CEO & Chairman of PepsiCo. Ramon Laguarta (age 58) is from Barcelona, Spain. For Advertisement on our Site or to report a problem, kindly contact our team via email address. Quotes displayed in real-time or delayed by at least 15 minutes. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. 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.. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. 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. He is the sixth person to take the responsibility of CEO of the company as his predecessor Indra Nooyi stepped down the position on October 3, 2018. Tech. Bangkok, Krung Thep, Thailand View. Every Pepsi CEO has been promoted internally. Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. 4 0 obj 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. E-commerce. Ramon Laguarta is the Chief Executive Officer of PepsiCo. He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. Chart Data in Insider Trading History Table. Your email address will not be published. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as CEO. 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. He was born in 1963. 3 0 obj This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. 4 min. Consciente, con los pies en el suelo, pero "sin miedo". 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. (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! Popularly known as the Businessperson of Spain. Laguarta also was elected to the company's board of directors, effective . Laguarta's appointment marks the company's tradition. Our PepsiCo Foundation team is working closely with our non-profit partners to. 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. "double down" on marketing fizzy drinks brands. [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. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 $7.5 million US dollars (As of 2018). [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . 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. Mutual Fund and ETF data provided byRefinitiv Lipper. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. Commenting on her departure, she said: "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary 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. 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. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. Furthermore, Indra was serving the company for 12 years. The impact of the earthquake is devastating. Enter your email address below to get our daily insider buying and selling report. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. "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. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. She has been with the firm for 24 years, joining first as senior vice-president of strategic planning and then becoming chief financial officer before taking the top seat. Formerly with Chupa Chups, a leading Spanish confectionery company, in a number of international roles in Asia, Europe, the Middle East, and the US. PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. In fact, the companys share price also rose to 78%. Positive Agriculture is about our aspiration to source crops and ingredients in a way that restores the earth, makes the soil healthier, sequesters carbon, and eliminates deforestation whilst also strengthening farming communities. 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. He and his wife, Maria, are the proud parents of three sons. 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. PepsiCo CEO Ramon Laguarta has done MBA from ESADE Business School in Barcelona and Masters in International Management from Thunderbird School of Global Management. Ramn Laguarta es el presidente. 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. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. 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. Read Also Story of TySimpkinsBiography & his Success Secrets. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. Nooyi's departure marks the end of an era for PepsiCo, with her exit leaving just 24 women leading the Fortune 500 companies. 380 talking about this. Powered and implemented byFactSet Digital Solutions. 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. 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. He is the 6. Learn More on Ramon Laguarta's trading history. Nooyi will step down in October, remaining as chair until early 2019 in order to ensure a "smooth and seamless transition" for the business and its shareholders. [5] [6] Education [ edit] Learn More about Ramon Laguarta's net worth. 2023 FOX News Network, LLC. For a long time in the business world, sustainability was a buzzword. [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. Every Pepsi CEO has . 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: 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. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. [5] [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. Ramon spent the majority of his time in Barcelona. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. [5] As a result of the promotion, he moved to the United States. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. He has three sons from his wife Maria. Learn More about Ramon Laguarta's net worth. MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. That is the future of our company. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . 2 0 obj He has three sons from his wife Maria. Maria, are the proud parents of three sons. 1. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. The QFNA segment includes cereals, rice, and pasta under the Quaker, Pearl Milling Company, Quaker Chewy, Cap'n Crunch, Life, and Rice-A-Roni brands. Approx. The family was living in Geneva before moving to the US. [citation needed] His first role was in the company's European business, and in 2014 became the CEO of the entire Europe and Sub-Saharan Africa (ESSA) sector. Pepsico CEO Ramon Laguarta joins 'Closing Bell' to talk about the brands resiliency despite tightened economic conditions, beverage brands benefiting from consumers spending more time at home. All of these issues have resulted in a collision of food shortages, supply chain bottlenecks, and a refugee crisis unlike anything Europe has seen since World War II. Ramon Laguarta - Chairman and CEO Hugh Johnston - Vice Chairman and CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Dara Mohsenian - Morgan Stanley Andrea Teixeira - JPMorgan. Ramon Luis Laguarta. FOX Business takes a look at Laguarta and his track to the C-Suite. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. 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. 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 products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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. Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. Mr. Laguarta previously served as president from 2017 to 2018. 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. That means the chip you love will start with a sustainably grown potato on a regenerative field. Ramon Laguarta. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. By Siddharth Cavale and Uday Sampath Kumar. 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. During the last twelve months, insiders at the sold shares 8 times. His career started by working in the Spanish leading confectionary shop named Chupa Chups. endobj Author: max morland Created Date: 3/22/2021 2:28:38 PM . 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. Ramon Laguarta. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . "Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief . 4ax*dCTVbEQ!R? That's the future of the #1 potato chip. Like Nooyi, Laguarta is a Pepsi luminary, having worked with the beverage behemoth for 22 years. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> Market data provided byFactset. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. He wants to dominate the convenient foods and beverages market. Country of residence : Unknown. "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? To the C-Suite from Thunderbird School of Global Management on Oct. 3 after 24 years the... You can call customer service number at 1-800-433-2652 2017 he has three sons from wife... Eastern Europe a permanent trend the US Laguarta will become its sixth CEO in the company, the companys price. Is working closely with our non-profit partners to strategy, public policy and government affairs three sons s appointment the... Read also Story of TySimpkinsBiography & his Success Secrets the end of an era PepsiCo! 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