Ramon Laguarta. The Future CEO of PepsiCo was born in 1964 inBarcelona, Spain. Ramon, a 22-year PepsiCo veteran, has served as CEO since October 3, 2018. In 1996, Ramon joined the PepsiCo and initially managed the company's business in Europe & USA. Data is a real-time snapshot *Data is delayed at least 15 minutes. Positive Agriculture is about our aspiration to source crops and ingredients in a way that restores the earth, makes the soil healthier, sequesters carbon, and eliminates deforestation whilst also strengthening farming communities. The impact of the earthquake is devastating. [7][8], Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. People Like Ramon Laguarta . VP & COO), Ronald Schellekens (EVP), Kirk Tanner (CEO), Eugene Willemsen (CEO), Steven Williams (CEO), and David Yawman (EVP). 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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? In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. The Europe segment offers beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. "PepsiCo remains committed to taking a leadership role in the creation of a more sustainable food system that preserves the planet and positively impacts people and communities across the world. 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. 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. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. 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.. Get notified the next time Ramon Laguarta buys or sells PepsiCo stock. 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 . On August 6, 2018 PepsiCo announced that Ramon Laguarta will become its sixth CEO in its 53-year history. In 1983 he graduated from the University of Barcelona with a master's degree in economics and business management. 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. Bangkok, Krung Thep, Thailand View. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. 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. 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. 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. The AMESA segment deals with all beverage and convenient food businesses in Africa, the Middle East, and South Asia. The APA, GRAPHITE: "Essential for America's National Defense". He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. Laguarta will help continue to grow the company, Nooyi tweeted on Monday, celebrating his promotion. 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.". Those days are over. Consumer-centric approach, digital focus, innovative solutions and talent development are his strengths. From a young age, he showed an interest and talent for business. Learn More on Ramon Laguarta's trading history. 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. <> [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. Overview. 4ax*dCTVbEQ!R? Laguarta, 54, was unanimously elected by the board of directors to succeed Nooyi after holding a number of executive positions during his 22 years . 2023 FOX News Network, LLC. 4 min. % With the ongoing volatility around the globe, our pep+ agenda continues to be the right path for our planet and our business. He wants to dominate the convenient foods and beverages market. Indra Nooyi, Pepsis first female CEO, is stepping down after 12-years at the helm, Pepsi announced on Monday. [9] He is married with three children.[24]. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. Tech. Ramon joined PepsiCo in January 1996. PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. Ramon, a 22-year PepsiCo veteran, has served as President of PepsiCo since September 2017 with responsibility for shaping the company's corporate strategy, working . 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. 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. PepsiCo (NASDAQ:PEP) CEO Ramon Laguarta is brushing aside economists' predictions of a coming global recession and voiced his optimism for the next 12 months. Traveling, Reading, and Listening to music. Moreover, he will be joining the company as CEO and boards of membersin October 2018. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. Continue with Recommended Cookies. 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. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. 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.". PepsiCo's board of directors unanimously voted for Laguarta to take the hot seat / Pepsi. 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. He spent nearly eight years performing various key roles. Prior to this role, from November 2008, Ramon was President, PepsiCo Eastern Europe Region. At PepsiCo, we recognize that the futures of our company, communities, and planet are all inextricably linked. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. Our PepsiCo Foundation team is working closely with our non-profit partners to. He will officially take over the position of CEO on after Indra Nooyi. In the report, PepsiCo CEO Ramon Laguarta says, "Even before the COVID-19 pandemic.the food system was under tremendous stress." He goes on to say, "systemic problems require systemic. Manage Settings For general queries related to PepsiCo and its brands, you can call customer service number at 1-800-433-2652. This material may not be published, broadcast, rewritten, or redistributed. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. Torben Nielsen Managing Director, Germany and Austria and Switzerland. This year marks our first-ever Environmental, Social, and Governance (ESG) Summary. Powered and implemented byFactSet Digital Solutions. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. 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