Ramon Laguarta - Chairman & CEO at PepsiCo | The Org David holds an honours degree in law and a Bachelor of Economics, both from Monash University in Australia. The chairman appointment is effective when Nooyi retires from the company on Feb. 1. in Economics from the College of the Holy Cross, where she served as a member of the Board of Trustees. Chief Marketing Officer. PepsiCo's leadership handoff to Laguarta unlikely to make waves Create positivity 12. solve problems 13. He graduated from Catholic University School of Medicine in Rome in 1990 and went on to receive a specialty diploma in Endocrinology, Metabolic Diseases and Diabetes at this University. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Hugh is active with a number of corporate, NGO and academic organizations, and currently serves as a member of the board and chair of the audit committee of Microsoft Corporation. From 2002 to 2006, he was General Manager for Iberia Snacks and . PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Meet Ramon Laguarta, PepsiCo's Next CEO Who Will Replace - Outlook Ramon Laguarta - Chief Executive Officer - PepsiCo | LinkedIn He serves on the boards of American Express Company and SciClone Pharmaceuticals (Holdings) Limited. Gregg has held a variety of senior leadership positions with PepsiCo Foods North America, including region vice president of supply chain for the Southeast region, senior vice president of supply chain for the West division, senior vice president of quality, PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Motivating 9. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. 3 Initiatives From PepsiCo. Mr. Andrew started his career at the Boston Consulting Group (BCG), leaving as a senior partner after a distinguished 25-year career. She graduated from Universidad del Salvador in Argentina and studied in Miami University of Ohio. Ms. Gass currently serves on the boards of the Retail Industry Leaders Association and the National Retail Federation. Ronald and his team also partner with PepsiCos Sectors and business units to advance culture, as well as diversity, inclusion and engagement. Gregg joined PepsiCo in 1990 after graduating from Texas A&M University with a Bachelor of Science degree in Industrial Distribution. 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. 3. Prior to joining PepsiCo, Azevdo worked as a career diplomat, most recently serving as Director-General of the World Trade Organization (WTO) since 2013. At BCG, he established and led the firms Innovation practice for almost a decade, and was lead author of the highly-acclaimed book Payback: Reaping the Rewards of Innovation. This included the strategy and implementation to evolve our North America Former Executive Vice President and Chief Financial Officer, JP Morgan Chase & Co. Dina Dublon served as Executive Vice President and Chief Financial Officer at JPMorgan Chase & Co., a leading global financial services company, from 1998 until her retirement in 2004. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Prior to joining Tesco, he served in a variety of management positions with Unilever PLC, a global consumer products company, from 1987 to 2014, including a variety of leadership roles in Europe, Asia and the Americas, including as President, Personal Care from 2011 to 2014; President, Americas from 2010 to 2011; and Chairman, UK and Ireland from 2007 to 2010. Laguarta will become the sixth CEO in PepsiCo's 53-year history. and consumers. The estimated Net Worth of Ramon Laguarta is at least $76.1 Million dollars as of 21 October 2022. He served as Director and President of the Whitehead Institute from 2005 to 2020. In his role, Azevdo oversees Public Policy and Government Affairs, Communications, and The PepsiCo Foundation, while also working closely with the Sustainability team. Ramon Laguarta Chairman and Chief Executive Officer, PepsiCo MBA, ESADE Business School, Spain; Master's in International Management, Thunderbird School of Global Management. Francisco Javier Fernndez-Carbajal , Director General, Servicios Administrativos Contry SA de CV. founding members of the Global Alliance for Responsible Media and is active across the United Nations Unstereotype Alliance, the World Federation of Advertisers and the Association of National Advertisers. He is seen as one of the most successful Businessperson of all times. Dean Best reports. Chief Executive Officer, Asia Pacific, Australia, New Zealand and China. He had leadership accountability for all elements of strategy and innovation, as well as sustainability and the company's digital transformation. 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, with a focus on digitalizing the company, embracing new ways of working, and developing talent; and Better by continuing to integrate Purpose into its business strategy and brands, while advancing social equity in the company and itscommunities. Prior to joining PepsiCo, Kanioura was the Chief Analytics Officer and Global Head of Applied Intelligence at Accenture, where she specialized in applying AI and analytics to drive business value. Chief Executive Officer, Africa, Middle East, South Asia. Mr. Cook joined Colgate-Palmolive in the United Kingdom in 1976 and progressed through a series of senior management roles around the world. President, PepsiCo International Beverages Franchise. CEO of PepsiCo, a global food and beverage leader with 23 brands generating more than $1 billion each in annual retail sales. Knowledge 16. from Thunderbird School of Global Management. Most importantly, Jane is a proud mother of a daughter and son who have reawakened her own creativity and purpose to create a bright future. Aug 06, 2018, 07:00 ET. Previously, Mr. Pohlad held several other executive positions at bottling companies. Wern-Yuen Tan is the Chief Executive Officer of PepsiCo Asia Pacific, Australia, New Zealand and China (APAC), leading the companys food and beverage businesses for the Sector. Former Chairman and Chief Executive Officer, Bunge Limited. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Cesar Conde has served as named Chairman of the NBCUniversal News Group, part of a global media and entertainment company, since 2020. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. . PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lays, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Earlier in his tenure at PepsiCo, Steven led the companys global Walmart business, managing the PepsiCo portfolio of products across all aspects of the Walmart Business worldwide, including: Walmart U.S., Sams Club, and Walmart International Divisions. 7 Ways To Be A Better Leader Just Like PepsiCo's Indra Nooyi - Forbes Cohen holds an MBA degree from Northwestern J.L. She is co-author of three books on women empowerment and the importance of closing the gender gap in leadership positions: El Poder de Poder. Campaign, Launched During the Super Bowl, PepsiCo Announces Timing and Availability of First Quarter 2023 Financial Results, The PepsiCo Foundation and Doritos SOLID BLACK Invest in 16 Nonprofit Leaders for Black Changemakers Program. 5 Things to Know About Next PepsiCo CEO Ramn Laguarta | Fortune PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. Kanioura is a member of the Royal Statistical and Economics Society, where she contributes to shaping government policy around how data is used by bodies like the IMF. This purpose, however, must be established early on for it to be effective. Ronald holds a Bachelors degree in Human Resources and a Masters degree in Management and Organization from TIAS Business School in the Netherlands and has completed the Program for Management Development (PMD) at Harvard Business School. Dr. Tataranni serves on the Boards of several for-profit and non-profit organizations. around the world. Professor, Massachusetts Institute of Technology; Former Director and President, the Whitehead Institute for Biomedical Research. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. [5] [6] Education [ edit] Hugh joined PepsiCo in 1987, and has served in a variety of positions, including Executive Vice President, Global Operations, PepsiCo; President, Pepsi-Cola North America; Senior Vice President, Transformation, PepsiCo; Senior Vice President and Chief Financial Officer, PepsiCo Beverages and Foods; and Senior Vice President, Mergers and Acquisitions, PepsiCo. As Chairman and CEO, he has begun pivoting the company toward accelerated growth, embracing a new corporate missionto Create More Smiles with Every Sip and Every Biteand adopting a new vision that captures PepsiCos competitive spirit, intense focus, and shared values: to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). the Sustainable Development Goals category at Cannes, in partnership with the United Nations Development Program. Executive Vice President and Chief Science Officer. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. She leads Sales, Marketing, Strategy and Operations for PepsiCos North American and Global Foodservice business, which include restaurants, hotels, business & industry, colleges & universities, and sports & entertainment channels. In these roles, Hugh has focused on addressing global trends that are reshaping the food and beverage industry, including health and wellness, the rise of the digitally connected consumer and the emergence of e-commerce as a new distribution channel. He previously held senior leadership roles at Wimm-Bill-Dann, running both their beverage and dairy businesses. Ram Krishnan is the CEO International Beverages and Chief Commercial Officer of PepsiCo. Sir Dave Lewis served as Group Chief Executive Officer of Tesco PLC, a multinational grocery and general merchandise retailer, from 2014 until 2020. Chief Executive Officer, PepsiCo Beverages North America. As part of this drive to build a Better company, Ramon has pushed PepsiCo to embrace a bold purposehelping to build a more sustainable food systemwith a focus on becoming PepsiCo Positive by delivering better outcomes for people and the planet. Ramon Laguarta Wiki, Biography, Age, Wife, Family, Net Worth Ms. Gass previously served as Chief Executive Officer and a director of Kohls Corporation, a leading omnichannel retailer, from 2018 to 2022. In 2002, he became Executive Vice President, North America and Europe. Previously, Vince was President & Chief Executive Officer of eBags; VP of Operations & Finance at SugarSync (a cloud computing startup); and a member of the launch team at Walmart.com. Chief Medical Officer and Senior Vice President, Life Sciences. PepsiCo Says Inclusion Is Essential To Sustainability Of Food System Fink earned her B.A. Most recently,he served as the Executive Vice President and Global Chief Commercial Officer, and CEO of ourAsia Pacific, Australia/New Zealand and China (APAC) Region. A 30-year veteran of PepsiCo with strong leadership experience across beverages, snacks and foodservice, Kirk leads all aspects of PepsiCos beverage business in North America. Nooyi's successor, for example, is Ramon Laguarta, a 22-year veteran of Pepsico. Popularly known as the Businessperson of Spain. The solid start to the year gave management confidence to affirm their outlook that calls for a mid-single-digit organic sales increase and slightly faster growth in reported earnings per share in . Prior to joining PepsiCo, David was the General Counsel for Asia Pacific and Middle East with Danone S.A. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. manufacturing and distribution network and establish agile fulfillment models to provide consumers and customers world-class service in an Omni-channel marketplace and launch differentiated technology for best-in-class planning and execution. 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. Revenue Management, Go-to-Market, E-Commerce, Lipton, Beyond Joint Ventures, and PepsiCo Venturing Group in support of PepsiCos efforts to accelerate growth. Transformational Leadership Theory - Simply Psychology Based on 8,878 ratings and 1,087 participants, employees at PepsiCo are satisfied with their work experience. David serves as a member of the board for the PepsiCo Foundation and the Pro Bono Partnership. Who is Ramon Laguarta? The marketer-turned-Pepsi CEO taking over from This strategy includes the acquisition of SodaStream, the world's leader in at-home sparkling beverage preparation, and complements the companys sustainable packaging vision, including efforts to develop fully recyclable or compostable packagingmaterials. The exec was widely slated to take over from Nooyi following. Meet PepsiCo's Next CEO: Ramon Laguarta - Hispanic Network Magazine transformation challenges. Vince is responsible for the holistic strategic direction and execution of PepsiCos eCommerce business, as well as incubating digital capabilities that enable PepsiCos continued growth and transformation. Optimism and focus 15. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 Laguarta, who is the sixth CEO in PepsiCo's 53-year history, has held a number of executive and general management roles in his 22 years at the firm. This information is according to proxy statements filed for the . David has served at different times as General Counsel of Asia, Middle East & Africa, Latin America and Frito-Lay North America, and has led the legal aspects of many of the companys significant M&A projects. His research focuses on the genetic and molecular differences between males and females, and the roles that these differences play in health and disease. Ramon also served as Commercial Vice President of Europe from 2006 to 2008. "Jim's experience running our Beyond the Bottle initiatives and our SodaStream businessboth of which operate at the nexus of our commercial and sustainability agendasmake him the ideal leader for our sustainability efforts going forward," PepsiCo Chairman and CEO Ramon Laguarta said. Prior to this, he worked for nine years for AT&T in Human Resources, based in the Netherlands and Poland. Everything to know about Ramon Laguarta, PepsiCo's new CEO Tina is a 20-year PepsiCo veteran. He also currently serves as the Co-Chair of the World Economic Forums Board of Stewards for the Food Systems Initiative. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Cereal? Health? A company split? What might be next for PepsiCo under Ramon spent his time meeting with our leadership team, customers and partners," PepsiCo India spokesperson was quoted as saying by the newspaper. Dr. Brown served as Senior Vice President of Google.org, Google Inc.s philanthropic arm, from 2011 to 2012. Prior to her current role, Tina was Senior Vice President, Commercial Human Resources for PepsiCo Foods North America division, where she shaped strategy for customer sales, marketing and transformation. Lloyd A. Carney , Founder and Chief Acquisition Officer, Carney Technology Acquisition Corp II. Laguarta equally represents continuity and the necessary agility for PepsiCo," said Daniel Vasella, Chairman of the Board's Nominating and Corporate Governance Committee. He consistently demonstrates the ability to work across developed, developing, and emerging geographies to meet the needs of customers Based on 804 ratings, Ramon . Visa Inc. - Corporate Governance - Board of Directors He lives in Minnetonka, Minnesota, with his wife and two children. Mr. Walker also currently chairs the U.S. Impact Investing Alliance Advisory Board and is a member of the Council on Foreign Relations and the American Academy of Arts and Sciences. Mr Laguarta owns over 5,900 units of PepsiCo Inc stock worth over $55,336,499 and over the last 8 years he sold PEP stock worth over $13,309,191. She is an excellent communicator. Ramon L Laguarta, Pepsico Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology, innovation and. jobs across 34 markets. Page serves as the chair of the Visiting Committee for Harvard Medical School and Harvard School of Dental Medicine. Former Executive Vice President and Global Head, Human Capital Management, The Goldman Sachs Group, Inc. Edith W. Cooper spent over two decades of her career with The Goldman Sachs Group, Inc., most recently serving as Executive Vice President and Global Head, Human Capital Management from 2011 to 2017 and Managing Director and Global Head, Human Capital Management from 2008 to 2011. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: PepsiCo's CEO, Ramon Laguarta, has a CEO approval rating of 72/100, as scored by 791 PepsiCo employees, placing Ramon Laguarta in the Top 30% of similarly-sized companies for CEO score. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Building a healthy workplace 3. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. Aug 06, 2018. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Jane was one of the PepsiCo PEP +1.6% released its 2019 sustainability report, Helping to Build a More Sustainable Food System, just last week, amidst global intensification of . Nooyi. Ram oversees PepsiCos International Beverages agenda, which encompasses Global Concentrate group, Franchise operations, Global Beverage group, SodaStream, Beyond the Bottle and the Global Commercial organization, which includes, Customer Strategy, to accelerate growth in this fast growing strategic category. Mentoring the team 14. This article is more than 2 years old. PepsiCo's product portfolio includes a wide range Laguarta has been president since. He went on to serve as Vice president of IT transformation programs, VP of North American legacy solutions, and later was SVP of Global Business Solutions, where he oversaw the deployment and support of several global applications including ERP, integrated supply chain planning and warehouse management solutions. Lay's Debuts World Premiere Of Fun-Filled Football Commercial "Messi Visits" Starring The G.O.A.T. She also sits on the board of the Institute of Marketing Sciences and is a keen educator who has held lectureships at UMIST (UK), Imperial College London (UK), and the University of Sheffield (UK), where she also earned her PhD in Econometrics and Quantitative Economics. In conversation with Ramon Laguarta Watch Webinar Read Interview In this conversation, IRG co-founder, Frank van den Driest and Ramon Laguarta, CEO of PepsiCo, discuss shifts in PepsiCo's business approach and how that translates into a focus on all stakeholders. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Marie led discussions on various issues with the Audit Committee of the Board of Directors of Altria. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. He has served as Senior Vice President, General Manager for PepsiCos South East Europe business, overseeing our operations in 17 countries, including Turkey; Senior Vice President and General Manager, Commercial for PepsiCo Europe, heading up the Marketing & Sales functions across Europe for all lines of business; Senior Vice President, General Manager for PepsiCos Northern Europe business; and General Manager of PepsiCos snack business in the Benelux and Belgium. Nooyi, who spent the last 12 of her 24 years with the company in the top job, will be succeeded as CEO by PepsiCo's president, Ramon Laguarta. Previously, Dr. Brown was a partner at McKinsey & Company, a management consulting firm. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. In 2020, she received the Exceptional Women of Excellence award granted by the Women Economic Forum which recognizes the achievements and leadership of outstanding women in different areas of human endeavor, celebrating diversity and equity. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Previously as Senior Vice President of PepsiCos North American Supply Chain, he drove the transformation agenda across the beverages and foods supply chain in North America. Mr. Conde also currently serves on the boards of Walmart Inc. and several non-profit organizations, including the Paley Center for Media and The Aspen Institute. He assumed the role in September 2020. Marie is currently leading PepsiCos finance transformation effort. Married with two sets of twins, Bjrn speaks five languages, has lived in eight countries, and currently resides in Dublin, Ireland. Bjrn's PURCHASE, N.Y. Ramon Laguarta has been elected chairman of the board of PepsiCo, Inc., effective Feb. 1. He served most recently as Colgate-Palmolives President and Chief Executive Officer from 2007 to 2018 and as Chief Executive Officer from 2018 to 2019. He previously headed PepsiCos business in Russia, Ukraine and CIS (The Commonwealth of Independent States) for two years and prior to that, spent three years as president, PepsiCo Russia. Prior to this role, Steven served as senior vice president and chief commercial officer for Frito-Lays U.S. organization, setting strategy and overseeing all commercial activities for the U.S. field sales and customer organization, in addition to leading a large multi-functional sales organization, spanning all Frito-Lay retail customers, sales channels and go-to-market systems. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Ramon Laguarta Elected Chief Executive Officer of PepsiCo - PR Newswire Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. Executive Vice President, Chief Corporate Affairs Officer and Chairman of Board of Directors, PepsiCo Foundation. in accounting from Pace University. Now the 54-year-old is . David spent the first 10 years of his career with one of Australias leading law firms, Corrs Chambers Westgarth, and was a corporate and anti-trust partner based in Melbourne. 1993 fick han anstllning hos Pepsico och . Eugene joined PepsiCo from Friesland-Campina in 1995. Laguarta, who starts on Oct. 3, will be tasked with managing the company's response as consumer tastes move away from sugary drinks. Steven joined PepsiCo in 2001 as part of PepsiCos acquisition of the Quaker Oats Company, which he joined in 1997, and has held leadership positions of increased responsibility across PepsiCo in sales, general management, customer management, sales planning and shopper marketing, gaining deep experience and building a proven track record of strong results. In addition to being a member of the PepsiCo Board of Directors, Ramon also currently serves as a director of Visa Inc. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo Executive Officers subject to Section 16 of the Securities Exchange Act of 1934. Among her accolades, she was appointed to the Board of Director of The Home Depot in 2022. she has been included in Forbes' global 100 Most Powerful Women list since 2019. He took over the position of the Chairman of the Board of Directors on February 1, 2019. Kellogg Graduate School of Management and a bachelors degree in commerce from DePaul University. In recognition of his contribution to business and the food industry in the United Kingdom, Sir Dave was knighted by Her Majesty Queen Elizabeth II in the 2021 New Years Honours List. PEPSICO INC Executive Salaries & Other Compensation | Salary.com
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