From 2012 to 2017 he served as Chief Executive Officer of Europe Sub-Saharan Africa (ESSA) and President of Quaker Foods North America. The estimated Net Worth of Ramon Laguarta is at least $75.7 Million dollars as of 21 October 2022. He is a member of famous with the age 59 years old group. Ramon Laguarta has been the Chief Executive Officer of PepsiCo since October 2017. In September 2017, Laguarta was appointed President of PepsiCo. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. The promise of our journey remains unfulfilled. On average, PepsiCo Inc executives and independent directors trade stock every 28 days with the average trade being worth of $9,279,404. Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Let Food Dive's free newsletter keep you informed, straight from your inbox. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. from 8 AM - 9 PM ET. 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. 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. Laguarta did his MBA from ESADE business school in Barcelona. It's official - Chennai-born Indra Nooyi is stepping down as the CEO of PepsiCo after 12 long years at the helm. 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's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. 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. Location Harrison, NY, US Work Chairman of the Board of Directors @ PepsiCo Chief Executive Officer, Chairman of the Board of Directors @ PepsiCo Chairman & Chief Executive Officer @ PepsiCo see more Search Others Named Ramon Laguarta Laguarta joined PepsiCo in January 1996. Meanings for ramon laguarta the Chief Executive Officer of PepsiCo, who has the net worth of $52.9 Million dollars. 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 . As part of making PepsiCo a better company, Laguarta has been tasked with implementing a new purpose behind PepsiCos sustainability agenda: helping to build a more sustainable food system. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Laguarta served PepsiCo in various capacities since his joining, climbed the ladder and, in 2015, went on to become CEO of Europe and Sub-Saharan Africa, two of PepsiCo's most complex businesses. 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. Like all the past CEO's Ramon Laguarta also comes from within the organisation. represents. News stories and articles referencing Ramon Laguarta on New Food Magazine. While 14% of our U.S. workforce is Black, we know we need to increase representation in leadership. "Laguarta, who was unanimously elected by the board of directors, will take over from Nooyi on October 3," the company said in a statement. "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. Consumer goods makers weigh bets while retailers fret, Analysis-To raise prices or not? These initiatives make up a holistic effort for PepsiCo to walk the talk of a leading corporation and help address the need for systemic change. 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. Cision Distribution 888-776-0942 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. Laguarta has received strong backing from PepsiCo and Nooyi, and the veteran now has to prove himself. Ramon Laguarta Chairman and Chief Executive Officer Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. The 64-year-old Nooyi has been with Pepsico for 24 years. ", Get the free daily newsletter read by industry experts. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. 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. 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. 2, Ramn Laguarta, will be stepping into her shoes, the company said on Monday. stated in. after Executive Chairman Howard Lorber held a fundraiser for the president. 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. 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. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. Analysts suggest Laguarta's major challenge will be to drive the company's growth in nutritious product segment. object stated in reference as. Quality Accessories for Mustang, Dodge, Chrysler and Jeep Made in the USA Ramon Laguarta to replace her. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, PepsiCo Announces Timing and Availability of First Quarter 2023 Financial Results, PEPSICO EXCEEDS YEAR ONE GOALS IN WORKFORCE READINESS INVESTMENT INITIATIVES FOR YOUTH ON SOUTH AND WEST SIDES, Total cash returned to shareholders through dividends and share repurchases of. Earlier this summer,Goya was called outwhen its CEO Robert Unanue praised President Donald Trump in a speech at the White House. 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. 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. "Ramon is a strong and proven executive with an outstanding track record growing organically and by acquisition some of PepsiCo's largest and most important international businesses. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change, and human rights. CEO & Chairman of PepsiCo. He reports to PepsiCo CEO Ramon Laguarta. Aug 06, 2018. Of the largest companies, only Steven Williams,CEO of PepsiCo Foods North America, donated money to former Vice President Joe Biden when he gave $2,000 to the Biden Victory Fund in June. The oldest executive at PepsiCo Inc is Hugh F. Johnston, 59, who is the Vice Chairman, Exec. We believe that continuously improving the products we sell, operating responsibly to protect our planet and empowering people around the world enable PepsiCo to run a successful global company that creates long-term value for society and our shareholders. 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.". Terms & Conditions. The phrase #BoycottGoyaquickly started trending. Before joining PepsiCo in 1996, he worked for Chupa Chups, a Spanish leading confectionery company, where he held a number of international roles in Europe and the US. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Hear the latest economic, business and market news, as well as global, national, and local news. 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 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. Nearly all major U.S.-based food and beverage companies operate their own corporate PACs. "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. 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. , money, salary, income, and assets. What Now for a Fed That Has Fallen Behind theCurve Again? 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. Ramon Laguarta (born 1963 in Barcelona, Spain) is the chairman and chief executive officer of PepsiCo. Ramon Laguarta Phone Number Found 6 phone numbers: View Ramon's Email & Phone (It's Free) 5 free lookups per month. This information is according to proxy statements filed for the . It also doesn't create waste and may help fight the climate crisis. She spoke of Black Americans struggle with everything from substandard housing, to racial profiling, to underfunded education. 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 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. because the National Confectioners Association hosted its annual conference at the Trump National Doral Resort. "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. Yet despite my parents optimistic view, we know that all people are not treated equally and that the problem of systemic racism is very real. 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. 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