Public asset : 54,221,664 USD. Ramon Laguarta Chairman and Chief Executive Officer, PepsiCo MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. , money, salary, income, and assets. Husband/dad. For reprint rights: Syndications Today, Who is Ramon Laguarta, the next CEO of PepsiCo, Posted by: Manoj Sharma, Aug 06, 2018, 7:01 PM IST. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. ", Nooyi continued: "Ramon Laguarta is exactly the right person to build on our success. "Our PAC is not a 'majority'PAC so we strive to give in parity, particularly to party committees.. Prior to that, he served as President, PepsiCo Eastern Europe region and served in a variety of sales, marketing and other commercial roles across Europe. Williams oversees PepsiCobrands such as Doritos and Quaker Oats. Kraft Heinz is one of the few companies to see an uptick in donations, doubling its contributions to Democratic PACs and candidates in 2020 to $80,500 compared to $40,500 in 2016. 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. Laguarta served PepsiCo in various capacities since his joining, climbed the ladder and, in 2015, went on to become CEO of. Ramn Laguarta, premiado con el galardn del Career Award de marketing. When it comes topeople, we are focusing on increasing representation; recruitment; and education, internships and apprenticeships. Laguarta has also led attempts to reduce waste by acquiring SodaStream. Who is Laxman Narasimhan, the new Starbucks CEO? RamonL.Laguartais the chairman of the board of directors and chief executive officer of PepsiCo. "What we're seeing across the world is. 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. Ramon graduated from ESADE Business School and is currently based in Purchase . 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. 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. Investing $50 million over five years to strengthen local Black-owned businesses. Future Student Events. In 1996, Laguarta joined PepsiCo, marking the start of what would be 22-year-long road to the top of the beverage and snacks giant. Watch today's #SustainabilitySpotlight with PepsiCo Chairman & CEO Ramon Lag. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Ramon Laguarta has been the Chief Executive Officer of PepsiCo since October 2017. With Nooyi's departure, the rest of PepsiCo's senior leadership team will remain unchanged. "Social media makes it possible for advocacy organizations to punish opponents for political actions and negative news travels faster and farther than PR departments can keep up,"Betty Smith, a retired political science professor at the University of South Dakota, said in an email. Meanings for ramon laguarta the Chief Executive Officer of PepsiCo, who has the net worth of $52.9 Million dollars. This company has been my life for nearly a quarter century and part of my heart will always remain here. "At the same time, Indra has invested for the future, leading the way on corporate sustainability and responsibility, and embedding a sense of purpose in everything the company does. His net worth has been growing significantly in 2021-2022. Here's all we know about him. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. In 1986 he received a master's in international management from the Thunderbird School of Global Management at Arizona State University. Consumer goods makers weigh bets while retailers fret, Analysis-To raise prices or not? In this role, he was responsible 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. 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. His appointment will become effective October 3, 2018. Laguarta also was elected to the company's board of directors, effective . PepsiCo 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. 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. Fabrice CoffriniAFP via Getty Images But I am proud of all we've done to position PepsiCo for success, confident that Ramon and his senior leadership team will continue prudently balancing short-term and long-term priorities, and excited for all the great things that are in store for this company. | 2 p.m. This is true both in companies and the larger society. We still have a way to go, but our journey is gathering speed. Now, all eyes are on PepsiCo veteran and company President, Ramon Laguarta, who is set to take the reins from her. She will remain as chairman until early 2019. January 23, 2023. Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. Ramon's mailing address filed with the SEC is C/O VISA INC., PO BOX 8999, SAN FRANCISCO, CA, 94128-8999. General Mills was removed from the list because it did not have donation data for 2016 and 2020. According to our Database, He has no children. Growing up in Spain, my parents raised me to believe that all people are equal, that diversity is a reflection of our common humanity. You can see the complete history of Mr Laguarta stock trades at the bottom of the page. 1. 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. To help achieve these aims, Ramon is positioning the company to become Faster, Stronger, and Better: Faster by being more consumer-centric and investing to accelerate topline growth and winning in the marketplace; Stronger by transforming its capabilities and culture; and Better by continuing to integrate Purpose into its business strategy. Popularly known as the Businessperson of Spain. As part of this focus on building a Better company, Ramon has spearheaded PepsiCos Beyond the Bottle strategy, which aims to offer consumers a range of great-tasting beverages, while making the companys packaging more sustainable and fueling future growth. Ramon Luis Laguarta. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. The most recent stock trade was executed by Paula Santilli on 26 October 2022, trading 2,787 units of PEP stock currently worth $500,629. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. ", Commenting on his appointment, Mr. Laguarta said, "I'm incredibly humbled and privileged to be appointed the next CEO of PepsiCo, and I want to thank the Board of Directors for the confidence they have placed in me with their decision," said Laguarta. PepsiCo today is in a strong position for continued growth with its brightest days still ahead. 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. Website designed bywhat sports use underhand throwing, where is the spiral tool in illustrator 2021, Indra Nooyi: The Titan steps down | Business | indiaabroad.com. On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. 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. Speaking on behalf of PepsiCo's Board of Directors, presiding director Ian Cook said: "As Chairman and CEO, Indra has provided outstanding leadership over the past 12 years, serving as a model both within our industry and beyond for responsible corporate stewardship in the 21st century. He is a member of famous with the age 59 years old group. Learn How rich is He in this year and how He spends money? ET, Webinar 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. 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%. Thousands of people on social media called for shoppers to stop buying from the company. stated in. He also holds a master's degree in International Management from the Thunderbird School of Global Management in the US. Laguarta has held a number of executive and general management roles in his 22 years at PepsiCo. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. 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.. Ramon Luis Laguarta is the Chairman & CEO at PepsiCo Inc. As the Chairman & CEO of PepsiCo Inc, the total compensation of Mr Laguarta at PepsiCo Inc is $7,448,462. PepsiCo Inc.'s board of directors has unanimously elected the company's CEO, Ramon Laguarta, as its chairman, succeeding Indra K. Nooyi who revealed in August 2018 that she would step down as PepsiCo CEO effective Oct. 3, 2018, but would remain chairman until early 2019 to ensure a smooth transition. All rights reserved. Laguarta joined PepsiCo in January 1996. Info session. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. 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. The 62-year-old has in total spend about 24 years with the company. 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. 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. ", Get the free daily newsletter read by industry experts. Country of residence : Unknown. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. Mr has made over 13 trades of the PepsiCo Inc stock since 2015, according to the Form 4 filled with the SEC. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. "I'm incredibly humbled and privileged to be appointed the next CEO of PepsiCo. 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. 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. It takes less than ten minutes to set up your company page. 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. The journey for racial equality has long been part of our companys DNA, going back to our first Black sales team in 1947 and thelegacy of Harvey Russell. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. The estimated Net Worth of Ramon Laguarta is at least $76.1 Million dollars as of 21 October 2022. There are 2 older and 3 younger executives at PepsiCo Inc. I came away from themmore conscious of the insidious nature of systemic racism andeven more committed to using PepsiCos resources for good. It's harder for the money a PAC donates to a presidential candidate, for example, to be traced to a specific individual. Several companies bought big into the once-promising segment, but the governmentsdecision not to permit the ingredient in food and beverages has left producers unwilling to invest further. If individuals oppose a company's stance on an issue, a donation it has made or its association with a specific politician, these platforms can be used to encourage shoppers to boycott their products or simply bring bad press. Laguarta equally represents continuity and the necessary agility for PepsiCo," said Daniel Vasella, Chairman of the Board's Nominating and Corporate Governance Committee. PepsiCo's best days are still ahead of it.". Load more. Robert Scammell. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. Purposeful leader. 04/11/23. She will remain Chairman until early 2019 to ensure a smooth and seamless transition. 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. 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. This article is more than 2 years old. I look forward to working more closely with all of you in the months and years ahead, and to continue growing this special company long into the future.". Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change, and human rights. 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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. 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. Hear the latest economic, business and market news, as well as global, national, and local news. We will update Ramon Laguarta's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Now, all eyes are on PepsiCo veteran and company President, Ramon Laguarta, who is set to take the reins from her. The estimated Net Worth of Ramon Laguarta is at least $75.7 Million dollars as of 21 October 2022. Ramon Laguartas income source is mostly from being a successful . 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 Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as . He will bring the depth of experience and innovative thinking that has powered his previous achievements as he is inheriting a well-positioned company poised to continue delivering top-tier performance. Webinar Ramon Laguarta Email Chairman of the Board of Directors @ PepsiCo View Ramon's Email (It's Free) 5 free lookups per month. Laguarta was also elected to the company's Board of Directors, effective October 3rd. 380 talking about this. 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. They are part of the Executive team within the C-Suite Department and their management level is C-Level. Search Others Named Ramon Laguarta Prior to PepsiCo, Laguarta worked for Chupa Chups, S.A., a leading confectionery company based in Spain, where he held a number of international roles in Europe and the U.S. Laguarta holds an MBA from ESADE Business School in Spain and a Master's in International Management (MIM) from Thunderbird School of Global Management in the U.S. A Barcelona native, he speaks multiple languages, including English, Spanish, Catalan, French, German and Greek. A review of contributions by 10 of the largest food and beverage companies by revenue to congressional lawmakers and political action committees, or PACs groups organized to raise and spend money to elect and defeat candidates showed through Sept.21 that donations to Democrats fell 30% to $828,300 while those collected by Republicans declined 52% to $876,700 compared to the 2016 election cycle. India-origin Indra Nooyi will step down as the Chief Executive Officer of PepsiCo. From 2012 to 2017 he served as Chief Executive Officer of Europe Sub-Saharan Africa (ESSA) and President of Quaker Foods North America. Our journey will now focus on three pillarsPeople,Business,andCommunities. Thank you to everyone who has voiced their opinion fearlessly to advance this important conversation. Ramon Laguarta to replace her. Thousands of people on social media called for shoppers to stop buying from the company. The promise of our journey remains unfulfilled. 20. This strategy includes Drinkfinity, Aquafina Water Stations, Pepsi Spire, and the recent acquisition of SodaStream, the world's leader in at-home sparkling beverage preparation. PepsiCo's product portfolio includes 22 brands that generate more than $1 billion each in estimated annual retail sales. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. There are no executives at PepsiCo Inc getting paid more. 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. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. 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. Indra has been a visionary leader who transformed the corporation and led it to unprecedented success. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. 2018. And shareholders have benefited: $1,000 invested in PepsiCo in 2006 is worth more than two-and-a-half times that amount today. He received his graduate degree from Thunderbird School of Global Management and an MBA from Escuela Superior de Administracin y Direccin de Empresas. / ramon laguarta political party. When you press play, Vimeo will drop third party cookies to enable the video to play and to see how long a viewer has watched the video. Terminology such as "aim," "anticipate," "believe," "drive," "estimate," "expect," "expressed confidence," "forecast," "future," "goal," "guidance," "intend," "may," "objective," "outlook," "plan," "position," "potential," "project," "seek," "should," "strategy," "target," "will" or similar statements or variations of such words and other similar expressions are intended to identify forward-looking statements, although not all forward looking statements contain such terms. 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. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. Since September 2017, Laguarta has served as President of PepsiCo, overseeing global operations, corporate strategy, public policy and government affairs. , SAN FRANCISCO, CA, 94128-8999 Starbucks CEO of fortune media IP Limited, registered the... The insidious nature of systemic racism andeven more committed to using PepsiCos resources for good of. Being a successful Leader in Convenient Foods and Beverages by Winning with Purpose '' our. Least $ 76.2 Milion dollars as of 21 October 2022 & amp CEO! Become PepsiCo 's product portfolio includes 22 brands that generate more than countries... 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