that included an investment from private equity firm Blackstone Growth, headed by a major Trump donor. The promise of our journey remains unfulfilled. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. We will update Ramon Laguarta's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. after Executive Chairman Howard Lorber held a fundraiser for the president. ", 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. Hear the latest economic, business and market news, as well as global, national, and local news. Business Roundtable CEO member, Ramon Laguarta, shares how PepsiCo is helping to #MovetheNeedle by offering vaccine educational programming, onsite vaccinati. Political analysts said corporations increasingly are susceptible to blowback from consumers on Twitter, Facebook and other social media platforms. More recently in September last year, he was elevated as President. When it comes topeople, we are focusing on increasing representation; recruitment; and education, internships and apprenticeships. 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.". Laguarta has also led attempts to reduce waste by acquiring SodaStream. He is seen as one of the most successful Businessperson of all times. Coca-Cola, the world's largest nonalcoholic beverage company posted the sharpest declines in its donations among the companies reviewed, with contributions to Democrats, Republicans and trade groups sharply lower compared to 2016. Mr. Laguarta previously served as president from 2017 to 2018. 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. Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. Last updated: 26 January 2023 at 7:06pm EST. He reports to PepsiCo CEO Ramon Laguarta . Fabrice CoffriniAFP via Getty Images Even though I wasnt born in the United States,I am passionate about this issue. Ramon is a strong and proven PepsiCo executive who will help lead our company into the future. All Rights Reserved. Let Food Dive's free newsletter keep you informed, straight from your inbox. LinkedIn has officially entered its cringe era, and its working. Not the Ramon Laguarta you were looking for? Laguarta will become the sixth CEO in PepsiCo's 53-year history. 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. 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 Collectively, the maker of Diet Coke and Honest Tea donated $382,000 in the 2020 election period, a drop of close to $600,000. encouraging friends, colleagues and family members to donate to PACs that have different reporting periods. Later, he was appointed as the CEO of the company in Europe. Williams oversees PepsiCobrands such as Doritos and Quaker Oats. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. Learn How rich is He in this year and how He spends money? "I'd rather do it quietly because I don't need to be beaten up for it," Engelmayer said of these companies. 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. Here's all we know about him. 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. 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 . This includes the companys effort to reduce absolute greenhouse gas emissions by at least 20 percent for their entire value chain over a 2015 baseline (roughly 30-35 million metric tons of GHG), as well as their goals by 2025 to make 100% of their packaging recyclable, compostable, or biodegradable and use 25% recycled plastic content in all plastic packaging. Laguarta was unanimously voted in as PepsiCos next CEO on August 6, 2018, the same day Indra Nooyi announced she was stepping down. They are part of the Executive team within the C-Suite Department and their management level is C-Level. ", Copyright2023 Living Media India Limited. Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. That's why we're honored to join @CirculateCap in combatting further ocean plastic pollution & driving sustainable growth for communities." "Growing up in India, I never imagined I'd have the opportunity to lead such an extraordinary company. "You want to continue being a big strong company making money for your shareholders, your employees and bring good products to the market. Using our buying power to create more jobs for Black creators at our marketing agencies and making them part of our content developmentwe will implement a Creative Agency Diversity Policy modeled on our existing policy for the selection of legal services, including an annual audit. Statements in this communication that are "forward-looking statements" are based on currently available information, operating plans and projections about future events and trends. 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. 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. 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. Ramon Laguarta Phone Number Found 6 phone numbers: View Ramon's Email & Phone (It's Free) 5 free lookups per month. Solugen Bio has built a chemical plant that produces all manner of chemical-based products using bio-based feedstock instead of fossil fuels. The 62-year-old has in total spend about 24 years with the company. 2023 Fortune Media IP Limited. He oversaw the company's food and beverage business across Europe and food business in Sub-Saharan Africa during his initial years with PepsiCo. Laguarta has held a number of executive and general management roles in his 22 years at PepsiCo. Anheuser-Busch, one of the biggest overall donors to PACs and lawmakers among food and beverage companies, along with Coca-Cola, sharply cut contributions from its PAC to Democrats by nearly $100,000 to $305,000, while Republicans received 55% less at $249,500 versus 2016. In 1986 he received a master's in international management from the Thunderbird School of Global Management at Arizona State University. Ramn Laguarta, premiado con el galardn del Career Award de marketing. The oldest executive at PepsiCo Inc is Hugh F. Johnston, 59, who is the Vice Chairman, Exec. 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. Husband/dad. The 54-year-old Laguarta, who's going to be the sixth CEO in PepsiCo's 53-year history, will officially take over from Nooyi on October 3. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward looking statements. 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. 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. [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. During the past few weeks, the senior leadership team and I have been doing a lot more listening than talking. 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.. General Mills was removed from the list because it did not have donation data for 2016 and 2020. 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. 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. because the National Confectioners Association hosted its annual conference at the Trump National Doral Resort. Russia-Ukraine crisis: Coca-Cola, PepsiCo suspend business in Russia, Avast shutting down company that sold user data without permission, Who is Arvind Krishna? Our journey will now focus on three pillarsPeople,Business,andCommunities. From 2012 to 2017 he served as Chief Executive Officer of Europe Sub-Saharan Africa (ESSA) and President of Quaker Foods North America. 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 Powered and implemented by Interactive Data Managed Solutions. What Now for a Fed That Has Fallen Behind theCurve Again? He received his graduate degree from Thunderbird School of Global Management and an MBA from Escuela Superior de Administracin y Direccin de Empresas. Nooyi will step down on October 3rd after 24 years with the company, the last 12 as CEO. 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 - Chief Executive Officer, Europe and sub-Saharan Africa - PepsiCo Inc. World Economic Forum Annual Meeting 2019. subject named as. He is a member of famous with the age 59 years old group. I hear you loud and clear and, as CEO, I aspire to ensure that all associates are proud to work at PepsiCo. Under Ramons leadership, the company is also adopting new leadership behaviors that are focused on driving high performance and building competitive advantage. We still have a way to go, but our journey is gathering speed. His net worth has been growing significantly in 2021-2022. PepsiCo's product portfolio includes 22 brands that generate more than $1 billion each in estimated annual retail sales. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo Purchase, New York, United States 198K followers 48 connections Join to follow PepsiCo Esade About CEO of PepsiCo, a global food and. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. You don't want to be bogged down with the outside nonsense," said Jon Schaff, a professor of political science at Northern State University in Aberdeen, South Dakota. The 54-year executive has so far spent 22 years with PepsiCo and has worked in different executive and general management roles. As Chairman of the Board and Chief Executive Officer at PEPSICO INC, Ramon Laguarta made $21,091,368 in total compensation. PepsiCo. 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. 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. Offers may be subject to change without notice. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. He also holds a master's degree in International Management from the Thunderbird School of Global Management in the US. 1. Ramon Laguarta Email Chairman of the Board of Directors @ PepsiCo View Ramon's Email (It's Free) 5 free lookups per month. As one of the first Fortune 100 CEOs to embed sustainability targets into business operations, Indra was a pioneer, paving the way for a new generation of business leaders who seek to 'do well by doing good.' "What you are seeing is few companies risking their brands being called out. Find contact details for 700 million professionals. 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. "The whole atmosphere has caused people to go underground and not be seen. FOX Business takes a look at Laguarta and his track to the C-Suite. PepsiCo, Inc announced that the Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Nooyi, 62. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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%. January 23, 2023. "Ramon Laguarta is exactly the right person to build on our success. 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. stated in. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. He keenly understands the evolving needs of consumers and customers and the trends affecting our business in markets around the world. Purposeful leader. "I'm incredibly humbled and privileged to be appointed the next CEO of PepsiCo. These efforts will also inform and positively impact our broader diversity efforts beyond our Black associates, as we look to be an actor in addressing other types of inequality going forward. 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. 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. 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. 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. Nooyi was the first female CEO in the PepsiCo's history. In September 2017, Laguarta was appointed President of PepsiCo. After prices more than doubled over the past year, producers are grappling with the impact of the virus while politicians and activists call for investigations into potential price gouging. He is not dating anyone. For additional information on these and other factors that could cause PepsiCo's actual results to materially differ from those set forth herein, please see PepsiCo's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. 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. 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. 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. 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. He is on the Board of Directors at Visa, Inc. and US-China Business Council. Who is Laxman Narasimhan, the new Starbucks CEO? "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. 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. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. 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. , money, salary, income, and assets. Topics covered: manufacturing, packaging, new products, R&D, and much more. 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 . 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.. Maybe it's best to just let this election go," Schaff said. Before joining PepsiCo in 1996, he worked for Chupa Chups, S.A., a Spanish leading confectionery company, where he held a number of international roles in Asia, Europe, the Middle East, and the United States. Prior to joining the company in 1996, Laguarta worked for confectionary. CPG companies contacted by Food Dive said PAC donations are one tool they use to help candidates and advocate for issues important to their businesses or industries. FORTUNE may receive compensation for some links to products and services on this website. 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. Nooyi, 64, who was born in India and studied at Yale, will remain chairman and hand over CEO duties to Ramon Laguarta. Load more. 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. In an interview . Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. ", Get the free daily newsletter read by industry experts. 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. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. Consciente, con los pies en el suelo, pero "sin miedo". PepsiCo PEP +1.6% released its 2019 sustainability report, Helping to Build a More Sustainable Food System, just last week, amidst global intensification of . 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. "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. Industry PAC donations fell to $5,000 from $10,000. 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 Laguarta is the Chief Executive Officer of PepsiCo. When typing in this field, a list of search results will appear and be automatically updated as you type. Executive Master of Global Management: Space Leadership Info Session. 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. Discover Ramon Laguarta's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 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. VP & CFO. Continuing to report to Laguarta will be Jim Andrew, Executive Vice President, Chief Strategy and Transformation Officer; Grace Puma, Executive Vice President, Global Operations; and Eugene Willemsen, Executive Vice President, Global Categories & Franchise Management. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". Topics covered: R&D, flavor trends, health & nutrition, scientific discoveries, new ingredients, and much more. Of this total $1,542,308 was received as a salary, $10,222,640 was received as a bonus, $0 was received in stock options, $8,745,056 was awarded as stock and $581,364 came from other types of compensation. 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. These conversations were humbling and enlightening. Mr. Laguarta was previously employed as a Chairman by Wimm-Bill-Dann Foods OJSC and a Chief Executive Officer by PepsiCo Europe. 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. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. 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. He officially took over the role on October 3, 2018 and became Chairman of the Board of Directors on February 1, 2019. "Indra has also, selflessly, served as a mentor for associates up and down the organization, building close relationships with leaders in every one of PepsiCo's key markets, championing diversity and adhering to the highest standards of corporate ethics, earning PepsiCo a place on Ethisphere's list of the World's Most Ethical Companies every year since the list was established 12 years ago. Appointed President of Quaker Foods North America at 7:06pm EST products, R &,... That could cause actual results to differ materially from those predicted in forward... 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