In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. <>/Metadata 90 0 R/ViewerPreferences 91 0 R>> Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! Ramon spent the majority of his time in Barcelona. FAQ - New Privacy Policy. 380 talking about this. [5] As a result of the promotion, he moved to the United States. 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. Continue with Recommended Cookies. 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. 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. Andy Morton. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. Before joining PepsiCo as VP Business Development of Snacks, Spain in 1996, he was at a Spanish candy company Chupa Chups. Ramon L Laguarta, Pepsico Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology, innovation and. 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. He was born in 1963. Drinks including Gatorade and Mountain Dew help make up 22 brands that fall under Pepsis umbrella which combined generate over $1 billion in retail sales annually. Biography of Ramon Luis Laguarta. For email communication, you can write to, Ramon Laguarta (age 58) is from Barcelona, Spain. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ [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. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. 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. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Under his leadership, ESSA generated $10 billion in revenue in 2016. They sold a total of 52,535 shares worth more than $9,236,484.98. 1. 3 0 obj Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Purposeful leader. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. [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. The 54-year-old Laguarta, who's going to be the sixth CEO in PepsiCo's 53-year history, will officially take over from Nooyi on October 3. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. Laguarta also was elected to the company's board of directors, effective . PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. 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. Ramon was the chief executive officer of Europe Sub-Saharan Africa division. The seasoned business executive is well-recognized for successfully handling one of the most complex areas Europe Sub-Saharan Africa (ESSA) for the company. [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. The consent submitted will only be used for data processing originating from this website. 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. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. 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. Laguarta's appointment marks the company's tradition. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. The FLNA segment consists of branded convenient food businesses in the United States and Canada. He will officially take over the position of CEO on after Indra Nooyi. 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. Powered and implemented byFactSet Digital Solutions. The most recent insider tranaction occured on October, 26th when CEO Paula Santilli sold 2,787 shares worth more than $500,628.81. He spent nearly eight years performing various key roles. [9] He is married with three children.[24]. He and his wife, Maria, are the proud parents of three sons. She will remain as chairman until early 2019. This net worth evaluation does not reflect any other investments that Mr. Laguarta may own. Traveling, Reading, and Listening to music. Ramon L. Laguarta is the chairman of the board of directors and chief executive officer of PepsiCo. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Therefore, his age isFifty-Four (54) years old as in 2018. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. He has a deep understanding of the changing preferences of consumers and other critical trends unfolding around the world, and he has demonstrated that he knows how to navigate them successfully. 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. PepsiCo has confirmed that Ramon Laguarta will replace departing CEO Indra K. Nooyi after she announced she will step down as head of the food and drink multinational on 3 October. Carnyx Group Ltd 2022 | The Drum is a Registered Trademark and property of Carnyx Group Limited. 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. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. 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. 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. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. Manage Settings CEO in the company. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. 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. vx#I,NN6\h@4;4?aHq>?Dn2P."[95/vcY&QJ1DtWq$TJ')d "PJ_y^SKupl% hLjj pqXz!Sp.df9f?JK^gl7T}|PYBME( PcM Every Pepsi CEO has been promoted internally. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. Ramon Laguarta ( Barcelona, 1963) s el director executiu de PepsiCo. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . Ramn Laguarta es el presidente. He is the 6. 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, . 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. The deal announced on Monday may be the last for PepsiCo Chief Executive Indra Nooyi, who will hand over to Ramon Laguarta later this year. 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. 1. We have no information about his parents but we will update you in the future. Esa es una de las caractersticas de Ramn Laguarta, barcelons de 58 aos, el CEO global de la multinacional PepsiCo.La clase empresarial catalana, ms pendiente siempre de no perder el control de sus negocios medianos que de buscar socios que permitan volar ms alto, mira con envidia a quien prefiere ver el mundo como una gran . As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. Our PepsiCo Foundation team is working closely with our non-profit partners to provide humanitarian aid to local 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. 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. Learn More about insider trades at PepsiCo. He has three sons from his wife Maria. In September 2017, he moved to the USA to be a President of the company. [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. Listen to article Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: 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. 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. Author: max morland Created Date: 3/22/2021 2:28:38 PM . Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. In September 2021 we launched a strategic, end-to-end transformation of our business. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Ramon Laguarta - Chairman and Chief Executive Officer Hugh Johnston - Vice Chairman and Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog -. He is also a director at Visa Inc. Country of residence : Unknown. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. FOX Business takes a look at Laguarta and his track to the C-Suite. Positive Choices is about using our brands to inspire people to make better choices for themselves and the planet. 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. 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. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. This role was effective in January 2015. Most Popular. 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 . Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . 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