wow.anonymousId: 06 Oct, 2021, 09.21 AM IST. Ramon Luis Laguarta. Linked companies : Visa Inc. - PepsiCo, Inc. Indeed, if one looks at her contributions, Laguarta has big shoes to fill. Watch today's #SustainabilitySpotlight with PepsiCo Chairman & CEO Ramon Lag. 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. Ramon's mailing address filed with the SEC is C/O VISA INC., PO BOX 8999, SAN FRANCISCO, CA, 94128-8999. 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. Executives hesitant to put themselves out there publicly also could have a family member donate on their behalf, and while it's not impossible to tie the donation to that individual, it takes more time and political savvy by the prospective sleuth to dig up the information. 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. PepsiCo's best days are still ahead of it.". They are part of the Executive team within the C-Suite Department and their management level is C-Level. Country of residence : Unknown. 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. As of 21 October 2022 he still owns at least 310,757 units of PepsiCo Inc stock. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. Nooyi was the first female CEO in the PepsiCo's history. Collectively, the maker of Diet Coke and Honest Tea donated $382,000 in the 2020 election period, a drop of close to $600,000. "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. The oldest executive at PepsiCo Inc is Hugh F. Johnston, 59, who is the Vice Chairman, Exec. Under Ramons leadership, the company is also adopting new leadership behaviors that are focused on driving high performance and building competitive advantage. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. 2023 Fortune Media IP Limited. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. Mr has made over 13 trades of the PepsiCo Inc stock since 2015, according to the Form 4 filled with the SEC. The estimated Net Worth of Ramon Laguarta is at least $76.2 Milion dollars as of 21 October 2022. Age : 59. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as . 1 reference. He is a seasoned leader with deep experience in international markets, and the board is confident that he is the right person to usher in this next chapter of growth for PepsiCo. 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 Laguartas income source is mostly from being a successful . So, how much is Ramon Laguarta worth at the age of 59 years old? 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. ", Get the free daily newsletter read by industry experts. Nooyi, 64, who was born in India and studied at Yale, will remain chairman and hand over CEO duties to Ramon Laguarta. 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. Thousands of people on social media called for shoppers to stop buying from the company. 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. 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. 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. 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. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. [5] [6] Education [ edit] In 2018,Nathan's Famous was threatened with a boycottafter Executive Chairman Howard Lorber held a fundraiser for the president. Now, all eyes are on PepsiCo veteran and company President, Ramon Laguarta, who is set to take the reins from her. The AB-PAC supports elected officials and candidates for office whose policy positions and objectives support our companys license to operate.". Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. 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. As a result of the promotion, he moved to the United States. 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. 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. 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. We still have a way to go, but our journey is gathering speed. 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. Laguarta served PepsiCo in various capacities since his joining, climbed the ladder and, in 2015, went on to become CEO of. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. 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. CEO & Chairman of PepsiCo. "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. PepsiCo has confirmed that Ramon Laguarta will replace departing CEO Indra K. Nooyi after she announced she will step down as head of the food and drink multinational on 3 October. 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. I hear you loud and clear and, as CEO, I aspire to ensure that all associates are proud to work at PepsiCo. "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. The promise of our journey remains unfulfilled. "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. 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. Thousands of people on social media called for shoppers to stop buying from the company. 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 . 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. Nooyi will step down on October 3rd after 24 years with the company, the last 12 as CEO. He is the sixth CEO in the company's history, and the first Spanish CEO of a large American multinational company. 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. The 64-year-old Nooyi has been with Pepsico for 24 years. The estimated Net Worth of Ramon Laguarta is at least $76.1 Million dollars as of 21 October 2022. from 8 AM - 9 PM ET. She will remain as chairman until early 2019. | 2 p.m. As a result, it makes more sense for PACs to hold on to their cash. 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