Age : 59. In fact, after graduation, he went toESADE business school for his MBA Degree. Jan 10, 2019, 16:30 ET. Every Pepsi CEO has . 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. Guided by our philosophy of 'Performance with Purpose' delivering sustained performance while making more nutritious products, limiting our environmental footprint and lifting up all the communities we serve we've made a more meaningful impact in people's lives than I ever dreamed possible.". Following the completion of the sale, the chief executive officer now directly owns 310,757 shares of the company's stock, valued at $53,788,929.13. PepsiCos headquarters is in Harrison, New York. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. For email communication, you can write to [emailprotected]. He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! Ramon Laguarta Chairman and Chief Executive Officer . Country of residence : Unknown. In an interview on CNBC during. "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. 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. 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. Under Nooyi, PepsiCo saw strong growth with its net revenue growing from $35bn in 2006 to $63.5bn . 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 will officially take over the position of CEO on after Indra Nooyi. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. He obtained his MBA from Spains ESADE Business School. During the last twelve months, insiders at the sold shares 8 times. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Public asset : 54,221,664 USD. Lay's is already the worlds largest food brand. Between 2015 and 2017, Ramon served as Chief Executive Officer, Europe Sub-Saharan Africa (ESSA), one of PepsiCos most complex businesses, with responsibility for leading the companys food and beverages businesses across Europe and its food business in Sub-Saharan Africa. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. Ramon Laguarta said price elasticity around the world has fallen - with PepsiCo expecting to be able to pass through the cost inflation it is feeling. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. Traveling, Reading, and Listening to music. 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. 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. She will remain as chairman until early 2019. In 12 years as CEO, Nooyi sought to expand PepsiCo's. Learn More on Ramon Laguarta's salary. endobj En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. "He is a terrific executive with a long and proven track record of growing businesses. 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: 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. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Biography of Ramon Luis Laguarta. Laguarta also was elected to the company's board of directors, effective . 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. Got a confidential news tip? [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. Quotes displayed in real-time or delayed by at least 15 minutes. 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. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . He has three sons from his wife Maria. [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. Continue with Recommended Cookies. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Later, he was appointed as the CEO of the companyin Europe. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. In conversation with Ramon Laguarta. El barcelons Ramn Laguarta, CEO Global de PepsiCo, ha sido premiado con el galardn del Career Award de marketing que otorga el Club de Marketing Barcelona, presidido por Luis Torra. [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. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. Learn More about Ramon Laguarta's net worth. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. [9] Laguarta joined PepsiCo in January 1996. He has three sons from his wife Maria. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. In this time period, she has increased the sale of Mountain Dew andGatorade by 50%. 2023 FOX News Network, LLC. Ramon Laguarta. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. 1 0 obj Market data provided byFactset. Tech. The news is confirmed by the PepsiCo officially page by a tweet. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Manage Settings 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. A term often applied with little consistency and less intention to various disparate initiatives. 2 0 obj Prior to joining the company in 1996, Laguarta worked for confectionary firm Chupa Chups across Europe and the US. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. We can help define for the world what it means to be a truly sustainable company, and build a stronger, more resilient future for us all. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. He oversees business strategy and brands. 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. Along with fending off rival Coke, Laguarta will be tasked with steering the companys Frito-Lay snack business, which accounts for nearly half of the companys profits. 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. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. FAQ - New Privacy Policy. The family was living in Geneva before moving to the US. 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. At an average price of $ 173.09, for a transaction totalling $ 1,021,231.00 naci en,. 'S salary 3 October 2018 after Indra Nooyi, French, German, Greek and... 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