Meanings for ramon laguarta the Chief Executive Officer of PepsiCo, who has the net worth of $52.9 Million dollars. The chief said that Laguarta was "exactly the right person to build on [Pepsi's] success. 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. They want a more focused, more integrated approach that places sustainability at the heart of business operations. 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. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. 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 also holds a masters degree in International Management from theThunderbird School of Global Management. 3 0 obj Investors seem pleased with the handoff, Pepsis shares rose following the announcement. 9x] Pz|*T+:{W]V|q.Rnu8l m@WBa[,g0Daoh&74KuJ)/n6Bw l?t=)qLZC'_G%S9eYUro\ "yHsPO 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 . [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. This role was effective in January 2015. Ramon L. Laguarta naci en Bacerlona, Espaa en 1963. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . He will become the global giant's sixth CEO. [5] "I also want to thank Nooyi for her overwhelming support. Learn More about Ramon Laguarta's net worth. In this time period, she has increased the sale of Mountain Dew andGatorade by 50%. Enter your email address below to get our daily insider buying and selling report. For Advertisement on our Site or to report a problem, kindly contact our team via email address. He is active on his Twitter handle @ramonlaguarta. Under Nooyi's watch, PepsiCo's revenues grew by 80%. Approx. Torben Nielsen Managing Director, Germany and Austria and Switzerland. Furthermore, Indra was serving the company for 12 years. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. stream Under Nooyi, PepsiCo saw strong growth with its net revenue growing from $35bn in 2006 to $63.5bn . 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. Insiders at PepsiCo own 0.1% of the company. Laguarta has also led attempts to reduce waste by acquiring SodaStream. "He is a terrific executive with a long and proven track record of growing businesses. [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 QFNA segment includes cereals, rice, and pasta under the Quaker, Pearl Milling Company, Quaker Chewy, Cap'n Crunch, Life, and Rice-A-Roni brands. Country of residence : Unknown. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. 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. Thunderbird School of Global Management. Sign up for free newsletters and get more CNBC delivered to your inbox. Got a confidential news tip? Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Therefore, the estimated Net worth ofRamon Laguarta is $7.5 million US dollars, as of 2018. 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. Ramon Laguarta. 4ax*dCTVbEQ!R? Ramon Laguarta (age 58) is from Barcelona, Spain. Bangkok, Krung Thep, Thailand View. 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? The FLNA segment consists of branded convenient food businesses in the United States and Canada. 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. Add a meaning Wiki content for ramon laguarta Ramon Laguarta Add ramon laguarta details Phonetic spelling of ramon laguarta Add phonetic spelling Synonyms for ramon laguarta Add synonyms Antonyms for ramon laguarta Add antonyms Nooyi's spell leading PepsiCo has been particularly strong, with net revenue growth rising from $35bn in 2006 to $63.5bn last year under year watch. 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. 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%. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. 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. He is seen as one of the most successful Businessperson of all times. [9] He is married with three children.[24]. Ramon talks about evolving definitions of business 'growth' and who he regards as his key stakeholders . She is the current CEO of the company. He worked as general manager at Iberia Snacks and Juices in Spain and for Greece and Cyprus businesses. 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. PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. 1. Laguarta will be just the sixth CEO of the company in its 53 years of business. Prior to serving as president, Mr. Laguarta held a variety of positions of increasing responsibility in Europe, including . Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo Purchase, New York, United States 198K followers 48 connections Join to follow PepsiCo Esade About CEO of PepsiCo, a global food and. Our stakeholders consumers, customers, investors, communities, governments, and NGOs demand action. from the CEO, Ramon Laguarta Message What does it mean to be a truly sustainable 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. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. 1. To maintain that position, we need to continue to work toward our goals and take decisive and sustainable actions. Age : 59. Exclusive at 11am Pepsico CEO Ramon Laguarta @SquawkStreet 22 Feb 2023 14:37:18 1. 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. $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. [14] Laguarta has been working at PepsiCo for over 20 years, his previous roles including CEO for Europe Sub-Saharan Africa, president for the PepsiCo Eastern Europe Region, commercial Vice President for PepsiCo Europe, general manager for Iberia Snacks and Juices and General Manager for Greece Snacks. 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. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. (Suggested: Starbucks CEO Email & Net Worth Kevin Johnson). (adsbygoogle = window.adsbygoogle || []).push({}); Welcome to Dreshare.com! Therefore, his age isFifty-Four (54) years old as in 2018. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. For a long time in the business world, sustainability was a buzzword. 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. 2023 FOX News Network, LLC. Prior to joining the company in 1996, Laguarta worked for confectionary. Mutual Fund and ETF data provided byRefinitiv Lipper. 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.". The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. Listen to article Under his leadership, ESSA generated $10 billion in revenue in 2016. Continue with Recommended Cookies. En 2006, pas a ser el vicepresidente comercial de la firma en Europa, un puesto que desempe durante dos aos. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . Dreshare.comis an Entertainment Media Site that provides the latest News on Celebrities, Biographies, Movies, TV shows, Awards, Affair Gossip, and all other Stuff. And that means we need to change what we do and how we do it. PepsiCo president Ramon Laguarta will replace Nooyi, the food and beverage company added. We want to hear from you. [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. In this capacity he oversaw PepsiCo's Global Category Groups; its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions; and the PepsiCo Foundation. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. By Siddharth Cavale and Uday Sampath Kumar. Ramon Laguarta ( Barcelona, 1963) s el director executiu de PepsiCo. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. His appointment will become effective October 3, 2018. Chairman and Chief Executive Officer, PepsiCo. <> [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. 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 Sales for the largest. 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. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: You need to go small before you go big. 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 and pricing products in inflationary times. Name Total COMPENSATION; Alberto Weisser: Total Cash $350,000: As Chairman and CEO, he begun has pivoting the company toward accelerated growth, . He was born in 1963. He spent nearly eight years performing various key roles. PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. Ramon Laguarta. Ramon Laguarta is the Chairman and CEO of PepsiCo, one of the world's leading food and beverage companies, with products enjoyed by consumers in more than 200 countries and territories. With the current uncertainty in the world, there might be a temptation to slow down our investments in pep+. She has been with the firm for 24 years, joining first as senior vice-president of strategic planning and then becoming chief financial officer before taking the top seat. Prior to serving as CEO of ESSA, Ramon also held a variety of positions of increasing responsibility in Europe, including as Commercial Vice President of PepsiCo Europe from 2006 to 2008, President, PepsiCo Eastern Europe Region from 2008 to 2012, President, Developing & Emerging Markets, PepsiCo Europe from 2012 to 2015and Chief Executive Officer, PepsiCo Europe in 2015. )"eIt'9BY}/j&L,Q^=q*, >DQ;IsT1O&H&9ZlwzX|[)L"byzlTlea:/s1S_UKu\/~[*C~mPN4_y9>l9OJy"QUy/6x>AG:}P~es'E ZsSYVwD\I$F$D0cTI/rH=qvS00l/YN1 FOX Business takes a look at Laguarta and his track to the C-Suite. %PDF-1.7 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. He and his wife, Maria, are the proud parents of three sons. <>/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 (born 1963[2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. Ramn Laguarta, el otro espaol en el Foro de Davos, y su mujer independentista El presidente de PepsiCo tendr dos intervenciones en el Foro Econmico Mundial, al que tambin va Pedro Snchez. In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. Later, he was appointed as the CEO of the company in Europe. 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. [5] As a result of the promotion, he moved to the United States. In 1996, Ramon joined the PepsiCo and initially managed the companys business in Europe & USA. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 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. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. Public asset : 54,221,664 USD. All rights reserved. I am confident that our reporting will only improve as we work toward a fully integrated structure, where we publish our Annual ESG Summary alongside our Annual Report. Frankfurt, HE, DE View. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. Ramon Laguarta is the Chief Executive Officer of PepsiCo. On this Wikipedia the language links are at the top of the page across from the article title. 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. 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. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. 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. Nooyi, 62, will leave the company on October 3 after 24 years with the PepsiCo. 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 Chairman and Chief Executive Officer . He has three sons from his wife Maria. The corporate mailing address for Mr. Laguarta and other PepsiCo executives is 700 ANDERSON HILL RD, PURCHASE NY, 10577. 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: This material may not be published, broadcast, rewritten, or redistributed. Laguarta's appointment marks the company's tradition. As of 2021, the seasoned veterans net worth is believed to be anywhere from 55 to 60 million USD. Ramon Laguarta. That's the future of the #1 potato chip. Learn More about insider trades at PepsiCo. CEO in the company. The estimated net worth of Ramon Laguarta is at least $53.93 million as of October 21st, 2022. 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 . 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. In conversation with Ramon Laguarta. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo 6d The impact of the earthquake is devastating. 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. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. Robert Scammell. I need a financial help of 2.6 lacs to pay credit card, Your email address will not be published. Ramon spent the majority of his time in Barcelona. Y aunque poco a dado a conocer de su vida privada, se conoce que obtuvo una licenciatura y realiz su MBA en la escuela de negocios ESADE en Barcelona. Read Also Story of TySimpkinsBiography & his Success Secrets. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. PepsiCo CEO Ramon is the first Spanish person to lead the company from the highest leadership position. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. Learn More on Ramon Laguarta's contact information. 4 0 obj [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. He is the 6. He is the 6th CEO in the company. In fact, we should, and will, do the opposite. 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. Get this delivered to your inbox, and more info about our products and services. People Like Ramon Laguarta . PepsiCos headquarters is in Harrison, New York. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a . 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 family was living in Geneva before moving to the US. Jan 10, 2019, 16:30 ET. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. 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