Some of our partners may process your data as a part of their legitimate business interest without asking for consent. endobj 1. endobj Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. 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. 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 . Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. 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. 380 talking about this. She is the current CEO of the company. Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. In the report, PepsiCo CEO Ramon Laguarta says, "Even before the COVID-19 pandemic.the food system was under tremendous stress." He goes on to say, "systemic problems require systemic. PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. ", "The investments we have made in pep+ aim to ensure the sustainability of our business and the hundreds of thousands of jobs we support across our global supply chains creating growth and value within planetary boundaries while inspiring positive change for people and the planet. [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. In September 2017, he moved to the USA to be a President of the company. 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 oversees business strategy and brands. Ramon Laguarta (age 58) is from Barcelona, Spain. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. Learn More on Ramon Laguarta's trading history. Learn More on PepsiCo's active insiders. Learn More about Ramon Laguarta's net worth. Ramon Laguarta. Billions could be poured into exploration companies searching for new U.S. deposits. 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 . [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. 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. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. Later, he was appointed as the CEO of the companyin Europe. 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. In September 2021 we launched a strategic, end-to-end transformation of our business. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Believer in simplicity, accountability, executional excellence. [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. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO 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? Nooyi . Ramon joined PepsiCo in January 1996. ", 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.". Lay's is already the worlds largest food brand. Learn More on Ramon Laguarta's salary. Consciente, con los pies en el suelo, pero "sin miedo". [5][6], Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 He has 4 childrenwith his wife but as of now, we do not know the names. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. He had his first job at the age of 14, working as a baker's assistant. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. He first arrived at PepsiCo as a marketing vice-president for Spain Snacks. All Rights Reserved. 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. August 6, 2018, 10:45 AM. A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. In this conversation, IRG co-founder, Frank van den Driest and Ramon Laguarta, CEO of PepsiCo, discuss shifts in PepsiCo's business approach and how that translates into a focus on all stakeholders. 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. [5][6] PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: You need to go small before you go big. Chairman and Chief Executive Officer, PepsiCo. For Advertisement on our Site or to report a problem, kindly contact our team via email address. Also, the CEO made $63.8 billion USD profit. The family was living in Geneva before moving to the US. In the UK, Laguarta will also need to navigate the impact of the 'sugar tax' (a levy on drinks makes which issues fines based on the volume of sugar-sweetened products they make or import at the rate of 18p and 24p a litre), as well as proposed changes to how TV ads for food and drink high in fat, sugar and salt are targeted towards kids. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. Laguarta will be just the sixth CEO of the company in its 53 years of business. 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. 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. Ramon Laguarta was born in 1962 in Barcelona, Spain. Ramon Luis 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. [11], Laguarta was named president of PepsiCo in September 2017. 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. 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. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. Mr. Laguarta previously served as president from 2017 to 2018. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. Mr. Laguarta earned a salary of $1,542,308.00, stock awards of $8,745,056.00, non-equity compensation of $10,222,640.00, and other compensation of $581,364.00. Starry is a lemon-lime soft drink distributed in the United States by PepsiCo.It first began distributing in January 2023. 1. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. Ramon L Laguarta, Pepsico Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology, innovation and. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. PepsiCo CEO Ramon Laguarta said on a call with investors on Tuesday that the company expects "ups and downs," with the potential for second waves of COVID-19 cases and new decisions about lockdowns. The news is confirmed by the PepsiCo officially page by a tweet. Positive Value Chain is our focus on making products that build a circular and inclusive economy, including goals for reaching net-zero emissions, becoming net water positive, introducing more sustainable packaging, continuing our Racial Equality Journey, among others. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . [5] [6] Education [ edit] [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Continue with Recommended Cookies. The consent submitted will only be used for data processing originating from this website. PepsiCo's chief executive Indra Nooyi, who has been at the helm of the drinks giant for the past 12 years, is to step down from her role and pass the baton on to current president and former marketer Ramon Laguarta. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ 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 . In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. Husband/dad. With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. His career started by working in the Spanish leading confectionary shop named Chupa Chups. This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. You can check his LinkedIn profile at https://www.linkedin.com/in/ramonlaguarta. 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. 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