PepsiCo products are enjoyed by consumers more tha Read More Contact Ramon Laguarta's Phone Number and Email Last Update 11/21/2022 6:14 PM Email r***@pepsico.com Engage via Email Contact Number (914) ***-**** Engage via Phone Mobile Number "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. 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. Ramon Laguarta works as a Chairman & Chief Executive Officer at PepsiCo, which is a Food & Beverage company with an estimated 309 K employees; and founded in 1965. He is seen as one of the most successful Businessperson of all times. She is being replaced by Ramon Laguarta who was also elected to the board. In closing, Nooyi said: "Today is a day of mixed emotions for me. She will remain as chairman until early 2019. Business Roundtable CEO member, Ramon Laguarta, shares how PepsiCo is helping to #MovetheNeedle by offering vaccine educational programming, onsite vaccinati. 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. 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. 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. Fabrice CoffriniAFP via Getty Images The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. Under Ramons leadership, the company is also adopting new leadership behaviors that are focused on driving high performance and building competitive advantage. He oversaw the company's food and beverage business across Europe and food business in Sub-Saharan Africa during his initial years with PepsiCo. Ramon Laguarta to replace her. It takes less than ten minutes to set up your company page. He officially took over the role on October 3, 2018 and became Chairman of the Board of Directors on February 1, 2019. Nooyi, 62, will step down on October 3 after 24 years with the company. Even though I wasnt born in the United States,I am passionate about this issue. He also holds a master's degree in International Management from the Thunderbird School of Global Management in the US. FORTUNE may receive compensation for some links to products and services on this website. It also doesn't create waste and may help fight the climate crisis. 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 Since September 2017, Laguarta has served as President of PepsiCo, overseeing global operations, corporate strategy, public policy and government affairs. Growing up in Spain, my parents raised me to believe that all people are equal, that diversity is a reflection of our common humanity. 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. On average, Mr trades about 6,216 units every 88 days since 2015. I hear you loud and clear and, as CEO, I aspire to ensure that all associates are proud to work at PepsiCo. Cision Distribution 888-776-0942 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. from 8 AM - 9 PM ET. 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Ramon Laguarta has been the Chief Executive Officer of PepsiCo since October 2017. Indeed, if one looks at her contributions, Laguarta has big shoes to fill. With Nooyi's departure, the rest of PepsiCo's senior leadership team will remain unchanged. Everything to know about Ramon Laguarta, PepsiCo's new CEO. No credit card required. Here's all we know about him. Mr. Laguarta previously served as president from 2017 to 2018. Age : 59. The donation numbers for the election four years ago cover the full 24-month period ended Dec.31, 2016. Most recently he sold 5,900 units of PEP stock worth $1,021,231 on 21 October 2022. Ramon Laguartas income source is mostly from being a successful . The promise of our journey remains unfulfilled. Husband/dad. Investing $5 million to launch a Community Leader Fellowship program for Black nonprofit CEOs. Anheuser-Busch's PAC donated $20,000 to Hillary Clintonin 2016, but records show the beer giant hasn't made any contributions to presidential candidates during the current cycle. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. 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. All rights reserved. The estimated Net Worth of Ramon Laguarta is at least $76.1 Million dollars as of 21 October 2022. . As of 21 October 2022 he still owns at least 310,757 units of PepsiCo Inc stock. 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. 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. Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. 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.". 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. 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 graduated from ESADE Business School and is currently based in Purchase . 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. I want to thank Indra for her overwhelming support. PepsiCo PEP +1.6% released its 2019 sustainability report, Helping to Build a More Sustainable Food System, just last week, amidst global intensification of . 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. 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. "At @PepsiCo we're deeply concerned about plastic waste accumulating in our environment and we're committed to helping tackle this challenge. Believer in simplicity, accountability, executional excellence. Ramon Laguarta. Collectively, the maker of Diet Coke and Honest Tea donated $382,000 in the 2020 election period, a drop of close to $600,000. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world, and in 2018 the company generated more than $64 billion in net revenue, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. 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. Let Food Dive's free newsletter keep you informed, straight from your inbox. PepsiCo's product portfolio includes 22 brands that generate more than $1 billion each in estimated annual retail sales. View popular celebrities life details, birth signs and real ages. PepsiCO CEO Ramon Laguarta attends a session during the World Economic Forum (WEF) annual meeting, on January 24, 2019 in Davos, eastern Switzerland. 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 . 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Ramon Laguarta has been unanimously elected by the board of directors to succeed @IndraNooyi as CEO, on Oct 3, 2018. The 54-year executive has so far spent 22 years with PepsiCo and has worked in different executive and general management roles. 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. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions. Consciente, con los pies en el suelo, pero "sin miedo". 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. 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. This article is more than 2 years old. 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. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. This theme is based on the emerging concept. Mr Laguarta is 57, he's been the Chairman & CEO of PepsiCo Inc since . After living in Georgia and Connecticut for several years, I have come to better understand the urgent need for racial and social justice in this nation, and I am committed to using my position as CEO to lead this change. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. 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. 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. , money, salary, income, and assets. His appointment will become effective October 3, 2018. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. In September 2017, Laguarta was appointed President of PepsiCo. 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 . The AB-PAC supports elected officials and candidates for office whose policy positions and objectives support our companys license to operate.". Discover Ramon Laguarta's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. We have much work to do going forward, and to echo Dr. Martin Luther King Jr., The time is always right to do what is right.. 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. PURCHASE, N.Y., Aug. 6, 2018 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ('PepsiCo') today announced that its Board of Directors has unanimously e. He received his graduate degree from Thunderbird School of Global Management and an MBA from Escuela Superior de Administracin y Direccin de Empresas. 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. In September 2017, Laguarta was appointed President of PepsiCo. 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. 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%. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. Keep up with the story. "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. 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 he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Our journey will now focus on three pillarsPeople,Business,andCommunities. Laguarta has received strong backing from PepsiCo and Nooyi, and the veteran now has to prove himself. 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. According to our Database, He has no children. We have estimated "What you are seeing is few companies risking their brands being called out,"Engelmayer said. Ramon Laguarta's net worth PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. The whole atmosphere has caused people to go underground and not be seen.". Indra has been a visionary leader who transformed the corporation and led it to unprecedented success. He is a member of famous with the age 59 years old group. Businesses also are spending more time watching their bottom line during the outbreak and preparing for an uncertain economic future as the coronavirus continues to pummel the global economy. It's harder for the money a PAC donates to a presidential candidate, for example, to be traced to a specific individual. 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. 1 reference. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as . What Now for a Fed That Has Fallen Behind theCurve Again? PepsiCo. Search Others Named Ramon Laguarta 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. Contributions, Laguarta was appointed President of PepsiCo replaced by Ramon Laguarta is 57 he! 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