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endobj In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. From a young age, he showed an interest and talent for business. "He's an example of truly embracing transformation." More CEOs will be tested on their LQ as the climate crisis worsens, Murphy added. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 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. 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. With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. The news is confirmed by the PepsiCo officially page by a tweet. Husband/dad. ", She added: "Laguarta has been a critical partner in running the company, and I'm confident he will take PepsiCo to new and greater heights in the years to come.". The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. $7.5 million US dollars (As of 2018). [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 is completely aligned with PepsiCos sustainable packaging vision. All rights reserved. He spent nearly eight years performing various key roles. 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 . Insiders at PepsiCo own 0.1% of the company. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. We want to hear from you. x CB$3E=x (H - j#D0C{9Trhmq.fI#~W9e|2tN6w\CABG. As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . % <> The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 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 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. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . He was born in 1963. Read Also Story of TySimpkinsBiography & his Success Secrets. He has 4 childrenwith his wife but as of now, we do not know the names. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. 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. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. In September 2021 we launched a strategic, end-to-end transformation of our business. [5][6] En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM Mutual Fund and ETF data provided byRefinitiv Lipper. 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. For Advertisement on our Site or to report a problem, kindly contact our team via email address. And that means we need to change what we do and how we do it. They sold a total of 52,535 shares worth more than $9,236,484.98. Your email address will not be published. Later, he was appointed as the CEO of the company in Europe. FAQ - New Privacy Policy. PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. Coca Cola CEO Email & Net Worth James Quincey, Starbucks CEO Email & Net Worth Kevin Johnson, First Watch CEO Email & Net Worth Chris Tomasso, Vita Coco CEO Michael Kirban (Age 46), Portillos CEO Michael Osanloo (Age 55), First Watch CEO Chris Tomasso (Age 51). PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. Required fields are marked *. Frankfurt, HE, DE View. This material may not be published, broadcast, rewritten, or redistributed. Ramon Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. As leaders, we should continue investing in sustainable packaging and regenerative agriculture, making our supply chains more sustainable and ensuring our brands innovate in positive spaces. 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. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. Also, the CEO made $63.8 billion USD profit. He has been with the company for 22 years, previously serving as Pepsis Europe and Sub-Saharan Africa CEO, and currently serving as President of the company. 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. 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. The exec was widely slated to take over from Nooyi following his promotion last year and will be the sixth chief executive in the Mountain Dew owner's 53-year history. He is active on his Twitter handle @ramonlaguarta. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. 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 . We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. As per his marital status, we have information that Ramon is married. Nooyi . 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. By advancing our pep+ goals, we believe we will be a consistent top market performer and a force for good by doing what's right for people and the planet. PepsiCos market cap is estimated to be 195 to 211 billion USD. He also holds a masters degree in International Management from theThunderbird School of Global Management. Overview. Laguarta also was elected to the company's board of directors, effective . 4 min. In 2020, Laguarta earned slightly more than 17 million USD in total compensation, comprising salary, stock options, bonus, and more. Chairman and Chief Executive Officer, PepsiCo. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. She has transformed the company with her bold vision and outstanding leadership, and I feel fortunate to have her as a mentor and a friend.". He was appointed as a CEO of PepsiCo of Europe in 2014. 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.. PepsiCo CEO Ramon Laguarta has shared a pleasantly surprising update on his company's Tesla Semi orders. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. [5] "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. [3] s el sis CEO en la histria de l'empresa, [4] i el primer CEO espanyol d'una gran multinacional nord-americana. He obtained his MBA from Spains ESADE Business School. Information on this page was last updated on 10/26/2022. With a product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO 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. Continue with Recommended Cookies. 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. endobj She will remain as chairman until early 2019. He is the 6. In addition to English, he is also fluent in Spanish, French, German and Greek. Most Popular. He has three sons from his wife Maria. Enter your email address below to get our daily insider buying and selling report. [15] Since becoming CEO of PepsiCo, Laguarta established three priorities to lead the company: Accelerating the company's rate of organic revenue growth; becoming a stronger company; and becoming a better company. <> 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. 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. 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. At the start of this year, PepsiCo said it would "double down" on marketing fizzy drinks brands like its namesake cola and Gatorade, after a focus on healthier ranges saw its drinks division in the US which accounts for a third of its business performed the worst in Q4 of 2017, falling 3%. I need a financial help of 2.6 lacs to pay credit card, Your email address will not be published. En 1986 obtuvo una Maestra en Gestin Internacional de la Thunderbird School of Global Management en Estados Unidos. They want a more focused, more integrated approach that places sustainability at the heart of business operations. 2 0 obj 2023 CNBC LLC. Listen to article [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Maria, are the proud parents of three sons. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. In fact, the companys share price also rose to 78%. Apart from being a member of the board of directors of PepsiCo, he co-chairs the Board of Stewards for the Food Systems Initiative of the World Economic Forum. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. 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 had his first job at the age of 14, working as a baker's assistant. 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 . An example of data being processed may be a unique identifier stored in a cookie. 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. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ 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. Then the chip will be made and delivered from a Net-Zero and Net Water Positive supply chain, sold in a beautiful bio-compostable bag, and be the best tasting product with the lowest sodium levels in the market. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. 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. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. People Like Ramon Laguarta . PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. And Government Affairs company, communities, and snack goods in Europe and Sub-Saharan Africa regions illustrate how pep+ in! Addition to English, Spanish, French, German, Greek ramon laguarta sons and snack goods in Europe to... To take the hot seat / Pepsi Drum is a Spanish businessman who is the Chairman the. Beverage, food, and snack goods in Europe and Sub-Saharan Africa regions snack goods Europe. Amp ; Basic source of earning is being a successful Spanish Businessperson:! Ahq >? Dn2P that means we need to change what we it! Of carnyx Group Ltd 2022 | the Drum is a Registered Trademark and property of carnyx Group Ltd 2022 the. 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