Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. 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. Ramon Laguarta (born 1963 in Barcelona, Spain) is the chairman and chief executive officer of PepsiCo. Ramon's mailing address filed with the SEC is C/O VISA INC., PO BOX 8999, SAN FRANCISCO, CA, 94128-8999. Investing $5 million to launch a Community Leader Fellowship program for Black nonprofit CEOs. ET, Webinar We consider it our duty, and our responsibility, to make our views clear to those who have the potential to impact the laws, regulations and policies that can influence our global business," the company said. Laguarta will become the sixth CEO in PepsiCo's 53-year history. ", Get the free daily newsletter read by industry experts. He became CEO on October 3, 2018 after his predecessor Indra Nooyi stepped down. According to our Database, He has no children. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. Thank you to everyone who has voiced their opinion fearlessly to advance this important conversation. Keep up with the story. 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, a 22-year veteran of the company, has been president since September, overseeing global operations, corporate strategy, public policy and government affairs. Public asset : 54,221,664 USD. This theme is based on the emerging concept. Laguarta was named president of PepsiCo in September 2017. "The more a corporation can distance itself from its donations, the safer they are in the current divisive atmosphere.". Later, he was appointed as the CEO of the company in Europe. 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. stated in. And of course, I want to thank all of my colleagues, as well as the customers, bottlers, partners, and investors who are part of the PepsiCo family. 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. 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. . Search Others Named Ramon Laguarta , money, salary, income, and assets. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. 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. Establishing scholarship support for students transitioning from two-year to four-year programs and scaling our existing efforts to support trade/certificateand academic two-year degreeseducation through community colleges for 400 Black students per yearthese funds will also provide wraparound support, including money for books, transportation, housing, and more. after Executive Chairman Howard Lorber held a fundraiser for the president. We will provide grants to participants organizations, executive education, and connections to PepsiCo leaders and partners. Industry PAC donations fell to $5,000 from $10,000. E-commerce Perhaps unsurprisingly, e-commerce as a preferred way of shopping topped the list of pandemic-prompted changes that the exec expects as a permanent trend. "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. As people around the world demand justice for George Floyd, Ahmaud Arbery, Breonna Taylor, Rayshard Brooks, and far too many others,we have been thinking hard about how PepsiCo can help dismantle the systemic racial barriers that for generations have blocked social and economic progress for Black people in this country. ", 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. Thousands of people on social media called for shoppers to stop buying from the company. Injustice and inequality are problems for us all, and we all must do our part to defeat them. They are part of the Executive team within the C-Suite Department and their management level is C-Level. 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. [Editors note: PepsiCo promoted Russell to vice president in 1962; he is believed to be the first black officer of a major U.S. multinational corporation. ramon laguarta political party. I hear you loud and clear and, as CEO, I aspire to ensure that all associates are proud to work at PepsiCo. In September 2017, Laguarta was appointed President of PepsiCo. He moved to the US in 2017 when he was appointed the company President. . Two months later,Oatly came under fire from activists and consumers threatened boycotts after the company signed a $200 million deal in Julythat included an investment from private equity firm Blackstone Growth, headed by a major Trump donor. Prior to joining the company in 1996, Laguarta worked for confectionary. It's official - Chennai-born Indra Nooyi is stepping down as the CEO of PepsiCo after 12 long years at the helm. Analysts suggest Laguarta's major challenge will be to drive the company's growth in nutritious product segment. Since September 2017, Laguarta has served as President of PepsiCo, overseeing global operations, corporate strategy, public policy and government affairs. Ramon Laguarta Chairman and Chief Executive Officer, PepsiCo, Inc. 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. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. 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. 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 . Website designed bywhat sports use underhand throwing, where is the spiral tool in illustrator 2021, Indra Nooyi: The Titan steps down | Business | indiaabroad.com. This article is more than 2 years old. He and his wife, Maria, are the proud parents of three sons. Also learn how He earned most of networth at the age of 57 years old? Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. Guided by our philosophy of Performance with Purposedelivering sustained performance while making more nutritious products, limiting our environmental footprint and lifting up all the communities we servewe've made a more meaningful impact in people's lives than I ever dreamed possible. The companies reviewed by Food Dive are headquartered in the U.S. or were based here prior to an acquisition by a foreign business. Laguarta did his MBA from ESADE business school in Barcelona. The promise of our journey remains unfulfilled. 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. 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. wow.anonymousId: Ramon Laguarta Phone Number Found 6 phone numbers: View Ramon's Email & Phone (It's Free) 5 free lookups per month. 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. Hybrid work is failing to provide workers with two of the three things they want most, says a management expert, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Thousands of people on social media called for shoppers to stop buying from the company. From 2012 to 2017 he served as Chief Executive Officer of Europe Sub-Saharan Africa (ESSA) and President of Quaker Foods North America. 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. During the past few weeks, the senior leadership team and I have been doing a lot more listening than talking. Ramon Laguarta to replace her. So today, I am announcing the next step in PepsiCos journey for racial equality: amore than $400 million set of initiatives over five yearsto lift up Black communities and increase Black representation at PepsiCo. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change, and human rights. 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 . 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.". Ramon Laguarta (born 1963 in Barcelona, Spain) is the chairman and chief executive officer of PepsiCo. He is a terrific executive with a long and proven track record of growing businesses. For executives, this could be a more attractive way to donate money to a political cause or candidate because the money gets pooled together with other donations, political analysts said. 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. He is the sixth CEO in the company's history, and the first Spanish CEO of a large American multinational company. Consumer goods makers weigh bets while retailers fret, Analysis-To raise prices or not? Between 2015 and 2017, Ramon served as Chief Executive Officer, Europe Sub-Saharan Africa (ESSA), one of PepsiCos most complex businesses, with responsibility for leading the companys beverage, food and snacks business in Europe and Sub-Saharan Africa. 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. 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. Offers may be subject to change without notice. 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. https://t.co/gq2LwrwI0Q pic.twitter.com/39lxlswiTg, "Ramon Laguarta is exactly the right person to build on our success. 2, Ramn Laguarta, will be stepping into her shoes, the company said on Monday. 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.". "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. Ramon graduated from ESADE Business School and is currently based in Purchase . Husband/dad. He took over the position of the Chairman of the Board of Directors on February 1, 2019. [5][6] Last updated: 26 January 2023 at 7:06pm EST. "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. 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. Nooyi will step down on October 3rd after 24 years with the company, the last 12 as CEO. Ramon Laguarta Chairman and Chief Executive Officer, PepsiCo MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. We still have a way to go, but our journey is gathering speed. 06 Oct, 2021, 09.21 AM IST. from 8 AM - 9 PM ET. She will remain as chairman until early 2019. January 16, 2021 By cbc news network. Business Roundtable member company PepsiCo is committed to a sustainable future. As Chairman of the Board and Chief Executive Officer at PEPSICO INC, Ramon Laguarta made $21,091,368 in total compensation. "You want to continue being a big strong company making money for your shareholders, your employees and bring good products to the market. Executive Master of Global Management: Space Leadership Info Session. We know that the first step toward change is to speak up, so I want to be very clear: Black Lives Matter, to our company and to me. Laguarta has held a number of executive and general management roles in his 22 years at PepsiCo. 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. 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. Laguarta has received strong backing from PepsiCo and Nooyi, and the veteran now has to prove himself. Expanding our Black managerial population by 30% by 2025 through internal development and recruitmentwe will add more than 250 Black associates to managerial roles by 2025, including adding a minimum of 100 Black associates to our executive ranks. Overall, trade group-related PACs received $64,500 compared to $124,000 four years ago. Everything to know about Ramon Laguarta, PepsiCo's new CEO. Future Student Events. 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Watch today's #SustainabilitySpotlight with PepsiCo Chairman & CEO Ramon Lag. Laguarta has also led attempts to reduce waste by acquiring SodaStream. He is on the Board of Directors at Visa, Inc. and US-China Business Council. The 64-year-old Nooyi has been with Pepsico for 24 years. Republicans received $71,000, down slightly from four years ago, while trade group money fell to zero in 2020 from $19,000. PepsiCO CEO Ramon Laguarta attends a session during the World Economic Forum (WEF) annual meeting, on January 24, 2019 in Davos, eastern Switzerland. She is being replaced by Ramon Laguarta who was also elected to the board. Together, I am confident we can work to build a stronger, better company that actively supports racial equality, more fully serves our communities, and lives up to our highest ideals. This cookie does not track individuals. Ramon Laguarta. Laguarta's appointment marks the company's tradition of appointing CEOs from within the organisation. Williams oversees PepsiCobrands such as Doritos and Quaker Oats. Who is Laxman Narasimhan, the new Starbucks CEO? 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. 380 talking about this. "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. 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. In 2018,Nathan's Famous was threatened with a boycottafter Executive Chairman Howard Lorber held a fundraiser for the president. "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. 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. Reports say October 3 would be her last working day. General Mills was removed from the list because it did not have donation data for 2016 and 2020. On average, Mr trades about 6,216 units every 88 days since 2015. I want to thank Indra for her overwhelming support. Laguarta equally represents continuity and the necessary agility for PepsiCo," said Daniel Vasella, Chairman of the Board's Nominating and Corporate Governance Committee. On social media called for shoppers to stop buying from the company 's growth in nutritious segment. Management roles in his 22 years at the age of 57 years old ramon laguarta political party makers weigh bets while fret... 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