Previously, Laguarta served as Chief Executive Officer, Europe Sub-Saharan Africa, one of PepsiCo's most complex businesses with operations spanning three continents and comprised of developed, developing and emerging markets. Mr Laguarta is 57, he's been the Chairman & CEO of PepsiCo Inc since . Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. India-origin Indra Nooyi will step down as the Chief Executive Officer of PepsiCo. He is seen as one of the most successful Businessperson of all times. Everything to know about Ramon Laguarta, PepsiCo's new CEO. There are 2 older and 3 younger executives at PepsiCo Inc. Formado en ESADE y en la Universidad Estatal de Arizona, inici su carrera profesional en Chupa Chups de Barcelona y, posteriormente, fue presidente de PepsiCo en Europa del Este y director ejecutivo en Europa y frica Subsahariana hasta que en 2018 fue nombrado CEO de . Republicans received $71,000, down slightly from four years ago, while trade group money fell to zero in 2020 from $19,000. Political analysts said corporations increasingly are susceptible to blowback from consumers on Twitter, Facebook and other social media platforms. He is a terrific executive with a long and proven track record of growing businessesRamon has been a critical partnerand I'm confident he will take PepsiCo to new and greater heights," said Nooyi. Accelerating our recruitment efforts with Historically Black Colleges and Universities and increasingpartnerships with diverse organizations at our core schools. Prior to serving as CEO of ESSA, Ramon held a variety of positions of increasing responsibility in Europe, including leading the acquisition and successful integration of the companys dairy business in Russia. The most active insiders traders include Ian M Cook, Indra K Nooyi, and Michael D White. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Industry PAC donations fell to $5,000 from $10,000. She was disappointed in some of PepsiCos past decisions and called us to action, saying,PepsiCo at this time has an opportunity to look at our African-American employees and community with wide open eyes and heart, and to work hand-in-hand to address the plagues many of us all too often face each day. I couldnt agree more. We don't have much information about He's past relationship and any previous engaged. Continuing to report to Laguarta will be Jim Andrew, Executive Vice President, Chief Strategy and Transformation Officer; Grace Puma, Executive Vice President, Global Operations; and Eugene Willemsen, Executive Vice President, Global Categories & Franchise Management. PepsiCo Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Born in Barcelona, Ramon Laguarta holds a MBA from the ESADE Business School in Spain, and a Master's in International Management from the Thunderbird School of Global Management in the US. Indra K. Nooyi to end tenure as CEO after delivering more than a decade of strong performance, grounding company in Performance with Purpose philosophy, and positioning PepsiCo for continued success. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales. He became CEO on October 3, 2018 after his predecessor Indra Nooyi stepped down. News stories and articles referencing Ramon Laguarta on New Food Magazine. Ramon Laguarta to replace her. PepsiCo India reports double-digit growth in June-Aug. "The recovery from the Covid--19 pandemic contributed to a current-year increase in consumer demand, which had a positive impact on net revenue, unit volume and operating profit performance," PepsiCo global chairman Ramon Laguarta said in an earnings statement. The companies reviewed by Food Dive are headquartered in the U.S. or were based here prior to an acquisition by a foreign business. Ramon Laguarta Chairman & CEO at PepsiCo Join to edit About Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Most recently he sold 5,900 units of PEP stock worth $1,021,231 on 21 October 2022. Coca-Cola, the world's largest nonalcoholic beverage company posted the sharpest declines in its donations among the companies reviewed, with contributions to Democrats, Republicans and trade groups sharply lower compared to 2016. Laguarta, who hails from Barcelona in Spain, was appointed the CEO of PepsiCo Europe in 2014. 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," said Laguarta. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward looking statements. Ramon Laguarta Phone Number Found 6 phone numbers: View Ramon's Email & Phone (It's Free) 5 free lookups per month. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. "Laguarta, who was unanimously elected by the board of directors, will take over from Nooyi on October 3," the company said in a statement. Under Nooyi, PepsiCo saw strong growth with its net revenue growing from $35bn in 2006 to $63.5bn in 2017, and with dividend per share almost tripling in value. A statement provided by Anheuser-Busch said its PAC is one way they "engage in direct advocacy on behalf of the critical business issues facing our employees and our company at the federal and state levels. For more information, visit www.pepsico.com. PepsiCo generated more than $86 billion in net revenue in A year earlier,companies including Hershey, Mars and Jelly Belly were targetedbecause the National Confectioners Association hosted its annual conference at the Trump National Doral Resort. Learn How rich is He in this year and how He spends money? Let Food Dive's free newsletter keep you informed, straight from your inbox. Country of residence : Unknown. Mr Laguarta owns over 5,900 units of PepsiCo Inc stock worth over $55,485,662 and over the last 8 years he sold PEP stock worth over $13,309,191. Ramon Laguarta, presidente y consejero delegado de PepsiCo, en Bilbao FERNANDO DOMINGO-ALDAMA "Uno de nuestros gasoles" en el mundo de la empresa.Con estas palabras fue presentado este jueves . 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. Nearly all major U.S.-based food and beverage companies operate their own corporate PACs. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions. Ramon Laguartas income source is mostly from being a successful . Under Nooyi's leadership, PepsiCo has delivered strong results: "Leading PepsiCo has truly been the honor of my lifetime, and I'm incredibly proud of all we have done over the past 12 years to advance the interests not only of shareholders, but all our stakeholders in the communities we serve," said Nooyi. No credit card required. PURCHASE, N.Y., Aug. 6, 2018 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that its Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief Executive Officer. The oldest executive at PepsiCo Inc is Hugh F. Johnston, 59, who is the Vice Chairman, Exec. Laguarta has been working at PepsiCo for 24 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. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. The largest trade he's ever made was selling 23,585 units of PepsiCo Inc stock on 28 February 2017 worth over $2,571,944. Fluent in multiple languages including Spanish, English, French, German, and Greek, the Barcelona native used to work for leading Spanish confectionery company, Chupa Chups SA, before he began his PepsiCo career. Ramon Laguarta is the Chief Executive Officer of PepsiCo. "The more a corporation can distance itself from its donations, the safer they are in the current divisive atmosphere.". "If anything, you're to be very conservative in a nonpolitical sense, conservative with your money and there is no reason to get involved in this or that particular dogfight as we've gotten more partisan and things have gotten quite bitter. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. Laguarta also was elected to the company's board of directors, effective . Coca-Cola directed inquiries about its contributions to its website where it noted that donations to candidates and trade groups are two of the ways they engage in political issues. These efforts will also inform and positively impact our broader diversity efforts beyond our Black associates, as we look to be an actor in addressing other types of inequality going forward. "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. 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. According to our Database, He has no children. Ramon Laguarta was born on 1963 in Barcelona, Spain. Terms & Conditions. He joined PepsiCo in 1989 and served as President of Frito-Lay North America from 2009 to 2012. Ramon Laguarta (born 1963 in Barcelona, Spain) is the chairman and chief executive officer of PepsiCo. Over the last 18 years, insiders at PepsiCo Inc have traded over $183,232,682 worth of PepsiCo Inc stock and bought 2,191 units worth $150,735 Mr. Laguarta previously served as president from 2017 to 2018. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Explaining the weird situation, Who is Ajay Banga, US nominee for World Bank president, Florida: Gunman returns to crime scene; kills TV reporter, child, US: Seattle becomes first city to ban caste discrimination. PepsiCo's product portfolio includes 22 brands that generate more than $1 billion each in estimated annual retail sales. ET, Webinar That means step changes in our spending and approach to partnerships, starting by: When it comes to our communities, were working to drive long-term change by addressing systemic barriers to economic opportunity, investing an incremental $20 million over five years. CEO & Chairman of PepsiCo. FOX Business takes a look at Laguarta and his track to the C-Suite. 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 Beverages Italia Srl. "What you are seeing is few companies risking their brands being called out,"Engelmayer said. 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More than doubling our spending with Black-owned suppliers, expanding the supplier pipeline through advocacy and outreach, and building supplier capability targeting growth across services, agriculture, sustainable packaging, and operations. Mr Laguarta owns over 5,900 units of PepsiCo Inc stock worth over $54,916,977 and over the last 8 years he sold PEP stock worth over $13,309,191. Laguarta has received strong backing from PepsiCo and Nooyi, and the veteran now has to prove himself. Under her leadership, PepsiCo grew its portfolio of Good for You and Better for You options from about 38% of revenue in 2006 to roughly 50% in 2017, almost tripled its investments in research and development to expand its more nutritious offerings and minimize its environmental impact, and achieved global recognition for the company's work in communities around the world. 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. Nooyi was the first female CEO in the PepsiCo's history. object stated in reference as. These behaviors include: be consumer-centric; act as owners; focus and get things done; voice opinions fearlessly, raise the bar on talent and diversity; celebrate success; and act with integrity. Topics covered: R&D, flavor trends, health & nutrition, scientific discoveries, new ingredients, and much more. He has a deep understanding of the changing preferences of consumers and other critical trends unfolding around the world," said the outgoing CEO Indra Nooyi. Laguarta joined PepsiCo in January 1996. Ramon Laguarta's net worth "Our PAC is not a 'majority'PAC so we strive to give in parity, particularly to party committees.. Find contact details for 700 million professionals. He moved to the US in 2017 when he was appointed the company President. He is from Spain. We have estimated FORTUNE may receive compensation for some links to products and services on this website. All have been appointed from within the organization, a testament to PepsiCo's strong bench of talent and succession planning. The 54-year executive has so far spent 22 years with PepsiCo and has worked in different executive and general management roles. MST. Laguarta's direct reports will be: Hugh F. Johnston, Vice Chairman and Chief Financial Officer; Dr. Mehmood Khan, Vice Chairman and Chief Scientific Officer, Global Research and Development; Albert P. Carey, Chief Executive Officer, PepsiCo North America; Vivek Sankaran, President and Chief Operating Officer, Frito-Lay North America; Kirk Tanner, President and Chief Operating Officer, North America Beverages; Laxman Narasimhan, Chief Executive Officer, Latin America and Europe Sub-Saharan Africa; Silviu Popovici, President, Europe Sub-Saharan Africa; Mike Spanos, Chief Executive Officer, Asia, Middle East and North Africa; Dave Yawman, Executive Vice President of Government Affairs, General Counsel and Corporate Secretary; Jon Banner, Executive Vice President, Global Communications and President, PepsiCo Foundation; and Ruth Fattori, Executive Vice President and Chief Human Resources Officer. While the data reviewed by Food Dive using the Center for Responsive Politics' OpenSecrets database doesn't represent all food or beverage companies in the space, it does exhibit a pattern showing businesses increasingly don't want to risk connecting themselves to a political candidate over fears it will adversely affect their company or brands. The promise of our journey remains unfulfilled. Political groups representing the United States' largest food and beverage companies are donating far less money during the current election cycle to Republican and Democrats, while also curtailing how much they give to industry trade organizations that lobby on their behalf, according to data compiled by the Center for Responsive Politics. As Chairman of the Board and Chief Executive Officer at PEPSICO INC, Ramon Laguarta made $21,091,368 in total compensation. stated in. 2023 Fortune Media IP Limited. Mr. Laguarta was previously employed as a Chairman by Wimm-Bill-Dann Foods OJSC and a Chief Executive Officer by PepsiCo Europe. PepsiCo, Inc. today announced that its Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief Executive Officer. Indra has been a visionary leader who transformed the corporation and led it to unprecedented success. Every Pepsi CEO has . She spoke of Black Americans struggle with everything from substandard housing, to racial profiling, to underfunded education. In one of his recent videos on video-sharing website Vimeo, Laguarta said: "Future is not going to be easy innovation is going to be key. In closing, Nooyi said: "Today is a day of mixed emotions for me. 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 . Anheuser-Busch's PAC donated $20,000 to Hillary Clinton in 2016, but records show the beer giant hasn't made any contributions to presidential. "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. Laguarta did his MBA from ESADE business school in Barcelona. That means broadly increasing our efforts to create opportunity and advance economic empowerment for Black Americans, starting by: The bottom line: This moment calls for big, structural changes, and were committed to being agents of that progress. PepsiCo, Inc announced that the Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Nooyi, 62. On average, PepsiCo Inc executives and independent directors trade stock every 28 days with the average trade being worth of $9,279,404. Business Roundtable CEO member, Ramon Laguarta, shares how PepsiCo is helping to #MovetheNeedle by offering vaccine educational programming, onsite vaccinati. So, how much is Ramon Laguarta worth at the age of 59 years old? Also learn how He earned most of networth at the age of 57 years old? He also holds a master's degree in International Management from the Thunderbird School of Global Management in the US. Thousands of people on social media called for shoppers to stop buying from the company. Company insider Ramon Laguarta will become the next CEO of the beverage and snack giant come October. At the same time, PACs representing organizations such as the American Beverage Association, Grocery Manufacturers Association (since renamed the Consumer Brands Association), the National Restaurant Association and the Beer Institute collectively saw contributions plunge nearly 50%. Ramon 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.". Little-known facts about IBM's new CEO, A look at minutes from ICC's meeting on October 14, Five famous and successful alumni of IIM-Calcutta to know about, Indra Nooyi, former PepsiCo CEO, could head World Bank, Trump hosts Nooyi, Banga among top corporate leaders for dinner, US: Drug turning people into zombies? Corporate PACs could instead decide to shift their donations to industry groups that could use the money to support candidates or lobby for issues on their behalf, such as trade and tariffs. VP & CFO. You can see the complete history of Mr Laguarta stock trades at the bottom of the page. Consciente, con los pies en el suelo, pero "sin miedo". RamonL.Laguartais the chairman of the board of directors and chief executive officer of PepsiCo. Ramon Laguarta assumed the role of Chief Executive Officer of global beverage giant PepsiCo Wednesday, succeeding India-born Indra Nooyi who had helmed the American company for 12 years, breaking the corporate glass ceiling and leading Pepsi through changing consumer preference for healthier snacks and drinks. Laguarta will become the sixth CEO in PepsiCo's 53-year history. While there are areas in which we have made progress in the fight against systemic racism and inequalityincludingpay equityand the diversity of our frontline workforcewe know we cannot keep pointing to what we did decades ago. Mandating companywide unconscious-bias training, followed by continued training aimed at reducing biases in the workplace; including PDR objectives on representation; and requiring diversity on executive candidate slateswell also expand our programs dedicated to supporting Black talent throughout critical career stages. Statements in this communication that are "forward-looking statements" are based on currently available information, operating plans and projections about future events and trends. "There are a lot of people more than you know that are very,very anxious about that.". Ramon Laguarta Email Chairman of the Board of Directors @ PepsiCo View Ramon's Email (It's Free) 5 free lookups per month. Ramon Laguarta (@ramonlaguarta) June 16, 2020 In a statement posted to Twitter, PepsiCo's CEO Ramon Laguarta wrote that the company would be "investing more than $400 million over five. No credit card required. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo Published Apr 22, 2021 + Follow The theme of this year's Earth Day is Restore Our Earth. She will remain Chairman until early 2019 to ensure a smooth and seamless transition. I came away from themmore conscious of the insidious nature of systemic racism andeven more committed to using PepsiCos resources for good. Robert Scammell. Much of the drop for both parties was tied to sharp declines in donations from Coca-Cola, PepsiCo and AB InBev's U.S. division, Anheuser-Busch. Collectively, the maker of Diet Coke and Honest Tea donated $382,000 in the 2020 election period, a drop of close to $600,000. Growing up in Spain, my parents raised me to believe that all people are equal, that diversity is a reflection of our common humanity. Offers may be subject to change without notice. Executive Master of Global Management: Space Leadership Info Session. It's official - Chennai-born Indra Nooyi is stepping down as the CEO of PepsiCo after 12 long years at the helm. Info session. Ramon Laguarta. PepsiCo PEP +1.6% released its 2019 sustainability report, Helping to Build a More Sustainable Food System, just last week, amidst global intensification of . He is a seasoned leader with deep experience in international markets, and the board is confident that he is the right person to usher in this next chapter of growth for PepsiCo. Activating associates to help drive ongoing change in our organization, with a focus on internal mentoring, coaching, and continuous developmentwe know that many of you want to get involved, and we will need your support to see our journey through. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. "She has delivered strong and consistent financial performance, managing with an eye toward not only the short-run, but the long-run as well. Such risks and uncertainties include, but are not limited to: changes in demand for PepsiCo's products, as a result of changes in consumer preferences or otherwise; changes in, or failure to comply with, applicable laws and regulations; imposition or proposed imposition of new or increased taxes aimed at PepsiCo's products; imposition of labeling or warning requirements on PepsiCo's products; changes in laws related to packaging and disposal of PepsiCo's products; PepsiCo's ability to compete effectively; political conditions, civil unrest or other developments and risks in the markets where PepsiCo's products are made, manufactured, distributed or sold; PepsiCo's ability to grow its business in developing and emerging markets; uncertain or unfavorable economic conditions in the countries in which PepsiCo operates; the ability to protect information systems against, or effectively respond to, a cybersecurity incident or other disruption; increased costs, disruption of supply or shortages of raw materials and other supplies; business disruptions; product contamination or tampering or issues or concerns with respect to product quality, safety and integrity; damage to PepsiCo's reputation or brand image; failure to successfully complete or integrate acquisitions and joint ventures into PepsiCo's existing operations or to complete or manage divestitures or refranchisings; changes in estimates and underlying assumptions regarding future performance that could result in an impairment charge; increase in income tax rates, changes in income tax laws or disagreements with tax authorities; failure to realize anticipated benefits from PepsiCo's productivity initiatives or global operating model; PepsiCo's ability to recruit, hire or retain key employees or a highly skilled and diverse workforce; loss of any key customer or disruption to the retail landscape, including rapid growth in hard discounters and the e-commerce channel; any downgrade or potential downgrade of PepsiCo's credit ratings; PepsiCo's ability to implement shared services or utilize information technology systems and networks effectively; fluctuations or other changes in exchange rates; climate change or water scarcity, or legal, regulatory or market measures to address climate change or water scarcity; failure to successfully negotiate collective bargaining agreements, or strikes or work stoppages; infringement of intellectual property rights; potential liabilities and costs from litigation, claims, legal or regulatory proceedings, inquiries or investigations; and other factors that may adversely affect the price of PepsiCo's publicly traded securities and financial performance. 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