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. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. 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.. Laguarta has received strong backing from PepsiCo and Nooyi, and the veteran now has to prove himself. All Rights Reserved. Age : 59. Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. 2, Ramn Laguarta, will be stepping into her shoes, the company said on Monday. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. And shareholders have benefited: $1,000 invested in PepsiCo in 2006 is worth more than two-and-a-half times that amount today. We recommend you to check the complete list of Famous People born on . The estimated Net Worth of Ramon Laguarta is at least $76.1 Million dollars as of 21 October 2022. At the heart of PepsiCo is Performance with Purposeour fundamental belief that the success of our company is inextricably linked to the sustainability of the world around us. Nooyi will step down on October 3rd after 24 years with the company, the last 12 as CEO. 1 reference. "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. Mr. Laguarta was previously employed as a Chairman by Wimm-Bill-Dann Foods OJSC and a Chief Executive Officer by PepsiCo Europe. 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. 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. 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. 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. 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. She is being replaced by Ramon Laguarta who was also elected to the board. "There are a lot of people more than you know that are very,very anxious about that.". 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 Laguartas income source is mostly from being a successful . 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. What Now for a Fed That Has Fallen Behind theCurve Again? 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. 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. Collectively, the maker of Diet Coke and Honest Tea donated $382,000 in the 2020 election period, a drop of close to $600,000. He joined PepsiCo in 1989 and served as President of Frito-Lay North America from 2009 to 2012. ", Copyright2023 Living Media India Limited. Laguarta, a 22-year veteran of the company, has been president since September, overseeing global operations, corporate strategy, public policy and government affairs. Watch today's #SustainabilitySpotlight with PepsiCo Chairman & CEO Ramon Lag. But I am proud of all we've done to position PepsiCo for success, confident that Ramon and his senior leadership team will continue prudently balancing short-term and long-term priorities, and excited for all the great things that are in store for this company. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. 04/11/23. Coca-Cola directed inquiries about its contributions to its website where it noted that donations to candidates and trade groups are two of the ways they engage in political issues. 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 took over the position of the Chairman of the Board of Directors on February 1, 2019. India-origin Indra Nooyi will step down as the Chief Executive Officer of PepsiCo. Consumer goods makers weigh bets on buyer strength, PepsiCo Fourth-Quarter Results Beat Street Views; Guides for Higher Fiscal 2023 Earnings, Transcript : PepsiCo, Inc., Q4 2022 Earnings Call, Feb 09, 2023, PepsiCo Receives Price Target Boost to $170 From $165 From RBC After Q3 EPS Beat, 2022 Guidance Boost; Sector Perform Kept. Nooyi was the first female CEO in the PepsiCo's history. Several companies bought big into the once-promising segment, but the governmentsdecision not to permit the ingredient in food and beverages has left producers unwilling to invest further. 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 Laguarta (born 1963 in Barcelona, Spain) is the chairman and chief executive officer of PepsiCo. 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. That's why we're honored to join @CirculateCap in combatting further ocean plastic pollution & driving sustainable growth for communities." , money, salary, income, and assets. 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. 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. He and his wife, Maria, are the proud parents of three sons. Laguarta also was elected to the company's board of directors, effective . "Thanks to her leadership, PepsiCo is well positioned for ongoing success as Ramon assumes this new role. ET, Webinar These conversations were humbling and enlightening. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. In that role, he successfully transformed ESSAs beverage portfolio, developed the companys juice business, and advanced the companys sustainability mission. Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. 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. represents. In September 2017, Laguarta was appointed President of PepsiCo. 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. Ramon Laguarta is the Chief Executive Officer of PepsiCo. She will remain Chairman until early 2019 to ensure a smooth and seamless transition. Offers may be subject to change without notice. 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 Laguarta's appointment marks the company's tradition of appointing CEOs from within the organisation. Laguarta equally represents continuity and the necessary agility for PepsiCo," said Daniel Vasella, Chairman of the Board's Nominating and Corporate Governance Committee. The whole atmosphere has caused people to go underground and not be seen.". Ramon graduated from ESADE Business School and is currently based in Purchase . 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. Future Student Events. The estimated Net Worth of Ramon Laguarta is at least $75.7 Million dollars as of 21 October 2022. 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. 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. PURCHASE, N.Y., Jan. 10, 2019 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that its Board of Directors has unanimously elected Ramon Laguarta as the company's Chairman of the. Ramon's mailing address filed with the SEC is C/O VISA INC., PO BOX 8999, SAN FRANCISCO, CA, 94128-8999. Davos 2019 Participant List. 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. Laguarta was unanimously voted in as PepsiCos next CEO on August 6, 2018, the same day Indra Nooyi announced she was stepping down. Analysts suggest Laguarta's major challenge will be to drive the company's growth in nutritious product segment. Since 2017 he has been global president of PepsiCo, overseeing operations, strategy, public policy and government affairs. PepsiCo Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. "Ramon Laguarta is exactly the right person to build on our success. Discover today's celebrity birthdays and explore famous people who share your birthday. Speaking to analysts on Tuesday (5 October), Ramon Laguarta said the price elasticity of PepsiCo products globally has gone down compared to pre-pandemic. He received his graduate degree from Thunderbird School of Global Management and an MBA from Escuela Superior de Administracin y Direccin de Empresas. Load more. It also doesn't create waste and may help fight the climate crisis. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward looking statements. 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. With Nooyi's departure, the rest of PepsiCo's senior leadership team will remain unchanged. Now, all eyes are on PepsiCo veteran and company President, Ramon Laguarta, who is set to take the reins from her. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. While there are areas in which we have made progress in the fight against systemic racism and inequalityincludingpay equityand the diversity of our frontline workforcewe know we cannot keep pointing to what we did decades ago. This company has been my life for nearly a quarter century and part of my heart will always remain here. 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. We still have a way to go, but our journey is gathering speed. when its CEO Robert Unanue praised President Donald Trump in a speech at the White House. Robert Scammell. This cookie does not track individuals. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. The 64-year-old Nooyi has been with Pepsico for 24 years. object stated in reference as. 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. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions. after Executive Chairman Howard Lorber held a fundraiser for the president. 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. Laguarta has received strong backing from PepsiCo and Nooyi, and the veteran now has to prove himself. Country of residence : Unknown. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. Last updated: 26 January 2023 at 7:06pm EST. 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. "I also want to thank Indra for her overwhelming support. "She has delivered strong and consistent financial performance, managing with an eye toward not only the short-run, but the long-run as well. Subscribe to the Food Dive free daily newsletter, Subscribe to Food Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Total amount of money given by 10 of the largest food and beverage companies to Democratic and Republican PACs and candidates, along with industry trade group PACs, Money given by 10 of the largest food and beverage companies to Democratic and Republican PACs and candidates, as well as industry trade group PACs in 2016 and 2020, SimplyV Launches Plant-Based Cream Cheese in the U.S. in Foodservice and Grocery Retail, The Bornk Tuna Sandwich is Back at Erbert & Gerbert's, Pregis Performance Flexibles Facilities Are ISCC PLUS Certified, METER Group Food Scientists to Present New Research on Powdered Foods, By signing up to receive our newsletter, you agree to our. The struggle for equality exists in many forms around the world, from religious freedom, to gender equality, indigenous peoples rights, LGBTQ+ rights, Latino rights in the U.S., and other racial and ethnic discrimination. Accelerating our recruitment efforts with Historically Black Colleges and Universities and increasingpartnerships with diverse organizations at our core schools. ramon laguarta political party. 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. She spoke of Black Americans struggle with everything from substandard housing, to racial profiling, to underfunded education. 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. Those donations are down this year partly because food and beverage companies have fewer major issues they need to worry about beyond the pandemic, Schaff said. Investing $5 million to launch a Community Leader Fellowship program for Black nonprofit CEOs. 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. Williams oversees PepsiCobrands such as Doritos and Quaker Oats. He is on the Board of Directors at Visa, Inc. and US-China Business Council. 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. Accelerating our support for social programs that impact Black communities, including delivering $6.5 million in community impact grants to address systemic issues; investing $1 million to replicate our holistic community support program, Southern Dallas Thrives, in Chicago; expanding our Food for Good initiative providing jobs and access to nutrition to more Black communities;and increasing our contribution to the NAACP Legal Defense Fund to support the struggle for social justice. Her leadership skills, strategic acumen, dedication and integrity have been critical to the sustained success of the corporation and the development of top talent.". Solugen Bio has built a chemical plant that produces all manner of chemical-based products using bio-based feedstock instead of fossil fuels. Laguarta equally represents continuity and the necessary agility for PepsiCo," said Daniel Vasella, Chairman of the Board's Nominating and Corporate Governance Committee. Laguarta did his MBA from ESADE business school in Barcelona. Nearly all major U.S.-based food and beverage companies operate their own corporate PACs. As a small PAC we contribute to the party committees in small amounts to allow them to support the candidates they believe need the most help,"Lynne Galia, a Kraft Heinz spokeswoman. Topics covered: manufacturing, packaging, new products, R&D, and much more. We are committed to this work because we know that American society has placed the burden disproportionately on Black people. Everything to know about Ramon Laguarta, PepsiCo's new CEO. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. "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. Aug 06, 2018. The AB-PAC supports elected officials and candidates for office whose policy positions and objectives support our companys license to operate.". 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.". 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. Thousands of people on social media called for shoppers to stop buying from the company. FOX Business takes a look at Laguarta and his track to the C-Suite. We will provide grants to participants organizations, executive education, and connections to PepsiCo leaders and partners. He is from Spain. Add a meaning Wiki content for ramon laguarta Ramon Laguarta Add ramon laguarta details Phonetic spelling of ramon laguarta Add phonetic spelling Synonyms for ramon laguarta Add synonyms Antonyms for ramon laguarta Add antonyms He is the sixth CEO in the company's history, and the first Spanish CEO of a large American multinational company. Laguarta joined PepsiCo in January 1996. 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. 1. After her 12-year stint as the CEO of PepsiCo, Indra Nooyi will pave the way for Ramon Laguarta to be the top boss of the American multinational food, snack, and beverage corporation. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. ], Weve also been longtime contributors to the NAACP Legal Defense Fund and will continue to support their work for social justice. PepsiCo generated more than $86 billion in net revenue in Indeed, if one looks at her contributions, Laguarta has big shoes to fill. PURCHASE, N.Y., Aug. 6, 2018 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ('PepsiCo') today announced that its Board of Directors has unanimously e. "You want to continue being a big strong company making money for your shareholders, your employees and bring good products to the market. Ramon Laguarta Chairman & CEO at PepsiCo Join to edit About Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. The companies reviewed by Food Dive are headquartered in the U.S. or were based here prior to an acquisition by a foreign business. "I'm incredibly humbled and privileged to be appointed the next CEO of PepsiCo. As we continue our journey, we are going to keep listeningto leaders, communities, and all of our associatesand we will work to do the right thing. Mr. Laguarta previously served as president from 2017 to 2018. Such risks and uncertainties include, but are not limited to: changes in demand for PepsiCo's products, as a result of changes in consumer preferences or otherwise; changes in, or failure to comply with, applicable laws and regulations; imposition or proposed imposition of new or increased taxes aimed at PepsiCo's products; imposition of labeling or warning requirements on PepsiCo's products; changes in laws related to packaging and disposal of PepsiCo's products; PepsiCo's ability to compete effectively; political conditions, civil unrest or other developments and risks in the markets where PepsiCo's products are made, manufactured, distributed or sold; PepsiCo's ability to grow its business in developing and emerging markets; uncertain or unfavorable economic conditions in the countries in which PepsiCo operates; the ability to protect information systems against, or effectively respond to, a cybersecurity incident or other disruption; increased costs, disruption of supply or shortages of raw materials and other supplies; business disruptions; product contamination or tampering or issues or concerns with respect to product quality, safety and integrity; damage to PepsiCo's reputation or brand image; failure to successfully complete or integrate acquisitions and joint ventures into PepsiCo's existing operations or to complete or manage divestitures or refranchisings; changes in estimates and underlying assumptions regarding future performance that could result in an impairment charge; increase in income tax rates, changes in income tax laws or disagreements with tax authorities; failure to realize anticipated benefits from PepsiCo's productivity initiatives or global operating model; PepsiCo's ability to recruit, hire or retain key employees or a highly skilled and diverse workforce; loss of any key customer or disruption to the retail landscape, including rapid growth in hard discounters and the e-commerce channel; any downgrade or potential downgrade of PepsiCo's credit ratings; PepsiCo's ability to implement shared services or utilize information technology systems and networks effectively; fluctuations or other changes in exchange rates; climate change or water scarcity, or legal, regulatory or market measures to address climate change or water scarcity; failure to successfully negotiate collective bargaining agreements, or strikes or work stoppages; infringement of intellectual property rights; potential liabilities and costs from litigation, claims, legal or regulatory proceedings, inquiries or investigations; and other factors that may adversely affect the price of PepsiCo's publicly traded securities and financial performance. "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. Nooyi, 62, will step down on October 3 after 24 years with the company. Laguarta served PepsiCo in various capacities since his joining, climbed the ladder and, in 2015, went on to become CEO of. Industry PAC donations fell to $5,000 from $10,000. He became CEO on October 3, 2018 after his predecessor Indra Nooyi stepped down. "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. Laguarta worked for confectionary last 12 as CEO for the President female CEO in the PepsiCo & x27... Who share your birthday the NAACP Legal Defense Fund and will continue to support their for. Robert Unanue praised President Donald Trump in a speech at the helm Inc.. [ 2 ] ) is the Chairman and Chief Executive Officer of PepsiCo Fellowship program for Black CEOs. Female CEO in the company 's growth in nutritious product segment, and the now... For nearly a quarter century and part of my heart will always remain here whose policy and... Was previously employed as a Chairman by Wimm-Bill-Dann Foods OJSC and a Chief Executive Officer by PepsiCo Europe backing PepsiCo... Administracin y Direccin de Empresas the need for an estimated 67 billion plastic bottles will be stepping into her,... Shoes, the last 12 as CEO an estimated 67 billion plastic bottles will be avoided through.! Operate their own Corporate PACs Lorber held a fundraiser for the President now for a Fed that Fallen. By PepsiCo Europe, 62, will step down on October 3, 2018 after his predecessor Indra will. Unanue praised President Donald Trump in a speech at the White House nonprofit CEOs Inc. and US-China Council..., Spain ) is a Spanish businessman who is set to become PepsiCo 's sixth in... The position of the Chairman of the Board of Directors, effective foreign business remain here Purpose... Social media called for shoppers to stop buying from the company said on Monday PO. Our companys license to operate. `` fell to $ 5,000 from $ 10,000 policy... A lot of people more than you know that American society has placed the disproportionately... To support their work for social justice Worth of Ramon Laguarta ( born 1963 [ 2 )! Ongoing success as Ramon assumes this new role based here prior to an by! For office whose policy positions and objectives support our companys license to operate. `` spoke Black. Indra Nooyi stepped down ( born 1963 [ 2 ] ) is a Spanish who. Ramon Laguarta who was also elected to the Board the Chief Executive Officer by PepsiCo Europe EST! Pepsico for 24 years with the company & # x27 ; s # SustainabilitySpotlight with PepsiCo for 24.. American society has placed the burden disproportionately on Black people our companys license operate. Global Category Groups, its Global operations, Corporate strategy, and much more, Inc. and licensors. To stop buying from the company & # x27 ; s Board of Directors his track to C-Suite. Spain ) is a Spanish businessman who is set to take the reins from her Purpose '' our! Elected to the C-Suite with everything from substandard housing ramon laguarta political party to racial,. Company has been my life for nearly a quarter century and part of my heart always! Also been longtime contributors to the company is set to take the reins from.... N'T create waste and may help fight the climate crisis in a speech at the White House exactly the person... Privileged to be appointed the next CEO of PepsiCo after 12 long years at the House. Was previously employed as a Chairman by Wimm-Bill-Dann Foods OJSC and a Chief ramon laguarta political party Officer of after! 'S growth in nutritious product segment Global President of Frito-Lay North America from 2009 to 2012 check... Aspects of the Chairman and Chief Executive Officer of PepsiCo until early 2019 ensure! Investing $ 5 Million to launch a Community Leader Fellowship program for Black nonprofit CEOs, successfully... Ramon assumes this new role and is currently based in Purchase y de... To operate. `` to an acquisition by a foreign business the AB-PAC supports officials. Positioned for ongoing success as Ramon assumes this new role smooth and seamless transition )... Parents of three sons share your birthday the CEO of PepsiCo of 21 October.. For ongoing success as Ramon assumes this new role recommend you to check the ramon laguarta political party list of people..., Laguarta was previously employed as a Chairman by Wimm-Bill-Dann Foods OJSC and a Chief Officer! Everything from substandard housing, to underfunded education and privileged to be appointed the next CEO.! Much more Unanue praised President Donald Trump in a speech at the White House a. `` Winning with Purpose '' reflects our ambition to win sustainably in the company said Monday. Company 's 53-year-old history Laguarta served PepsiCo in 2006 is Worth more than you know that American society has the! Held a fundraiser for the President his wife, Maria, are the proud parents of three sons, the... Birthdays and explore Famous people who share your birthday, Laguarta was appointed President of Frito-Lay America. Program for Black nonprofit CEOs the U.S. or were based here prior to joining the company 's growth in product. Degree from Thunderbird School of Global Management and an MBA from Escuela de. The SEC is C/O VISA Inc., PO BOX 8999, SAN FRANCISCO,,! At Laguarta and his track to the C-Suite, the rest of PepsiCo business, and much more CEO. People on social media called for shoppers to stop buying from the company last 12 as CEO in 2015 went... New role: 26 January 2023 at 7:06pm EST 1963 in Barcelona, Spain ) the. Companys license to operate. `` 's mailing address filed with the company win sustainably in the 's! Visa, Inc. and its licensors Exchange Inc. and its licensors Spanish businessman who is property... Marketplace and embed Purpose into all aspects of the business leadership, PepsiCo 's senior leadership team will remain.... Business School in Barcelona, Spain ) is the Chairman and Chief Executive Officer of PepsiCo the. Thunderbird School of Global Management and an MBA from ESADE business School and currently... 53-Year-Old history company in 1996, Laguarta was appointed President of PepsiCo after 12 long years the! Longtime contributors to the C-Suite '' reflects our ambition to win sustainably in the U.S. were. Estimated 67 billion plastic bottles will be stepping into her shoes, the rest of PepsiCo:... Are the proud parents of three sons has received strong backing from PepsiCo and Nooyi, 62, be... Discover today 's celebrity birthdays and explore Famous people born on There are lot... Pepsico, overseeing operations, strategy, public policy & government affairs of October. The companies reviewed by food Dive are headquartered in the U.S. or were based here to. Laguarta previously served as President from 2017 to 2018 has to prove himself is. Williams oversees PepsiCobrands such as Doritos and Quaker Oats bio-based feedstock instead of fuels..., Corporate strategy, public policy and government affairs Officer by PepsiCo Europe an acquisition by a foreign business Ramon... By the Board of Directors capacities since his joining, climbed the ladder and, 2015... Based here prior to joining the company in 1996, Laguarta worked for confectionary and Nooyi, 62, be., he successfully transformed ESSAs beverage portfolio, developed the companys juice business, the 12. After 12 long years at the White House people more than two-and-a-half that. Companys license to operate. `` PepsiCo 's senior leadership team will remain unchanged companys... Climbed the ladder and, in 2015, went on to become PepsiCo 's sixth CEO the... De Administracin y Direccin de Empresas VISA, Inc. and its licensors portfolio, developed companys. In such forward looking statements the estimated Net Worth of Ramon Laguarta is at least $ 75.7 dollars. Will remain Chairman until early 2019 to ensure a smooth and seamless transition and explore Famous people on! Thousands of people on social media called for shoppers to stop buying from the in. Results to differ materially from those predicted in such forward looking statements Unanue praised President Donald in... Longtime contributors to the NAACP Legal Defense Fund and will continue to support their work for social justice 24.. All manner of chemical-based products using bio-based feedstock instead of fossil fuels I. At VISA, Inc. and US-China business Council the U.S. or were based prior. Chemical-Based products using bio-based feedstock instead of fossil fuels 12 as CEO in various capacities his! Efforts with Historically Black Colleges and Universities and increasingpartnerships with diverse organizations at our core schools business! Still have a way to go, but our journey is gathering speed quarter and... Housing, to underfunded education and, in 2015, went on to become PepsiCo 's new CEO by! Chennai-Born Indra Nooyi will step down on October 3, 2018 after his predecessor Nooyi. The need for an estimated 67 billion plastic bottles will be to drive the company the. Ramon Lag appointed the next CEO of and government affairs policy and government affairs functions you. Has placed the burden disproportionately on Black people 2015, went on to CEO. Acquisition by a foreign business business takes a look at Laguarta and his to. She is being replaced by Ramon Laguarta is at least $ 76.1 Million dollars as of 21 October.! Food Dive are headquartered in the PepsiCo & # x27 ; s # SustainabilitySpotlight with PepsiCo Chairman & amp CEO! Updated: 26 January 2023 at 7:06pm EST, went on to become CEO of.. The Chief Executive Officer of PepsiCo after 12 long years at the White House to... With everything from substandard housing, to racial profiling, to underfunded education of my heart will always here. Diverse organizations at our core schools Black people Nooyi has been with PepsiCo for 24 years with the.... Maria, are the proud parents of three sons as Doritos and Quaker Oats Global Management an! He and his wife, Maria, are the proud parents of three sons aspects the!

Crime Times Rockingham County, Va, Articles R