Learn More on Ramon Laguarta's trading history. That reality has been driven home again and again in recent years, first by the COVID-19 pandemic, then the deadly conflict in Ukraine. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. 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.. 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. 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? 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. The chief said that Laguarta was "exactly the right person to build on [Pepsi's] success. This role was effective in January 2015. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.72 936] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> [9] Laguarta joined PepsiCo in January 1996. Maria, are the proud parents of three sons. 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. By becoming better ourselves, we not only meet the needs of our stakeholders but position ourselves for long-term growth. This material may not be published, broadcast, rewritten, or redistributed. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Legal Statement. I dont believe we should do that. He was born in 1963. "I also want to thank Nooyi for her overwhelming support. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. In 2021, PepsiCo generated $79 billion in net revenue, with many iconic brands generating more than $1 billion each in estimated annual retail sales. The decreased Q2 2018 dip was down to going "toe-to-toe" with rival Coca-Cola in both marketing and pricing. He took over the position of the Chairman of the Board of Directors on February 1, 2019. [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. 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. 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. The shares were sold at an average price of $173.09, for a transaction totalling $1,021,231.00. In fact, the companys share price also rose to 78%. [5] The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. Ramon Laguarta Wiki, Wife, Age, Net worth, Family(PepsiCo CEO) Biography, Ethnicity, Height, Weight, Wealth, Kids, Personal Life Affairs, Girlfriend, House, Parents, Controversy & Profile:Ramon Laguarta (born in 1964) is a Spanish President of PepsiCo Inc fromBarcelona, Spain. Information on this page was last updated on 10/26/2022. The 54-year-old Laguarta, who's going to be the sixth CEO in PepsiCo's 53-year history, will officially take over from Nooyi on October 3. He was born in 1963. Believer in simplicity, accountability, executional excellence. Got a confidential news tip? ", She added: "Laguarta has been a critical partner in running the company, and I'm confident he will take PepsiCo to new and greater heights in the years to come.". x=r?!!S&`@R$=87y"FYt "=ULOOOip\}[oC?TnXeoQIx@I eT}7?_nM&2VtJBY20 oo0. VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). Those days are over. <> Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: [12][13][14] He officially took over the role on 3 October 2018 and became Chairman of the Board of Directors on 1 February 2019. 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. The impact of the earthquake is devastating. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. Insiders at PepsiCo own 0.1% of the company. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. [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. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. [5] As a result of the promotion, he moved to the United States. Chart Data in Insider Trading History Table. Get this delivered to your inbox, and more info about our products and services. August 6, 2018, 10:45 AM. 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 . His career started by working in the Spanish leading confectionary shop named Chupa Chups. From a young age, he showed an interest and talent for business. He was born in 1963. Learn More on Ramon Laguarta's salary. Ramon joined PepsiCo in January 1996. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. Watch Tuesday's full episode of Mad Money with Jim Cramer February 28, 2023, Watch Tuesday's full episode of Fast Money February 28, 2023, Pro Picks: Watch all of Tuesday's big stock calls on CNBC, Watch CNBCs full post-market discussion with Eaton Vances Aaron Dunn and Cresset Capitals Jack Ablin, Watch CNBCs full interview with JPMorgan's Matt Boss. For Advertisement on our Site or to report a problem, kindly contact our team via email address. 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.". Nooyi . [5][6] An example of data being processed may be a unique identifier stored in a cookie. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 This chart shows Ramon Laguarta's buying and selling at PepsiCo by year and by quarter. Furthermore, Indra was serving the company for 12 years. Ramon Laguarta (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. Prior to becoming PepsiCos president, chairman, and CEO, Ramon led the companys Europe Sub-Saharan Africa unit successfully. In 12 years as CEO, Nooyi sought to expand PepsiCo's. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. 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 Net Worth & Basic source of earning is being a successful Spanish Businessperson. He oversees business strategy and brands. He previously worked for Chupa Chups, a Spain-based candy company known for its lollipops. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. PY$,*C2*g#yAdIaG)rO.QaB*"F E^ He obtained his MBA from Spains ESADE Business School. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. 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. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. From sourcing ingredients to making and selling our products more sustainably, pep+ connects the future of our business with the future of our planet. % [3] s el sis CEO en la histria de l'empresa, [4] i el primer CEO espanyol d'una gran multinacional nord-americana. In fact, after graduation, he went toESADE business school for his MBA Degree. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. He is the 6. 1996, joined PepsiCo; 1999-2001, General Manager, Greece Snacks . 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. He has three sons from his wife Maria. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. Chairman and Chief Executive Officer, PepsiCo. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Ramon Laguarta is the Chief Executive Officer of PepsiCo. Enter your email address below to get our daily insider buying and selling report. In fact, we should, and will, do the opposite. [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. (Recommended: Coca Cola CEO Email & Net Worth James Quincey). A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about . People Like Ramon Laguarta . The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. 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. 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. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. In its most recent quarter, however, the company's North America beverages sales fell just 0.9 percent its smallest drop in four quarters. Tech. Learn More about Ramon Laguarta's net worth. For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. $7.5 million US dollars (As of 2018). Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. Since then he's held a multitude of roles including president of PepsiCo for Eastern Europe. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. We know that to be successful five years, 10 years, 20 years from now, we need to create more resilience in our business. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. 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. A Division of NBCUniversal. Later, he was appointed as the CEO of the companyin Europe. He wants to dominate the convenient foods and beverages market. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg. 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. 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. To illustrate how pep+ looks in practice, take how we envision the transformation of products like our iconic Lays potato chip. Ramon Laguarta. 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 can speak many languages, including English, Spanish, French, German, Greek, and Catalan. FOX Business takes a look at Laguarta and his track to the C-Suite. Ramon Laguarta has not been actively trading shares of PepsiCo within the last three months. Ramon Laguarta is Chief Executive Officer, Europe Sub-Saharan Africa, with responsibility for leading our food and beverages businesses across Europe and our food business in Sub-Saharan Africa. 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