], Weve also been longtime contributors to the NAACP Legal Defense Fund and will continue to support their work for social justice. 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. Laguarta was unanimously voted in as PepsiCos next CEO on August 6, 2018, the same day Indra Nooyi announced she was stepping down. Speaking to analysts on Tuesday (5 October), Ramon Laguarta said the price elasticity of PepsiCo products globally has gone down compared to pre-pandemic. 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. General Mills was removed from the list because it did not have donation data for 2016 and 2020. Ramon Laguarta. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. It's harder for the money a PAC donates to a presidential candidate, for example, to be traced to a specific individual. While the data reviewed by Food Dive using the Center for Responsive Politics' OpenSecrets database doesn't represent all food or beverage companies in the space, it does exhibit a pattern showing businesses increasingly don't want to risk connecting themselves to a political candidate over fears it will adversely affect their company or brands. He became CEO on October 3, 2018 after his predecessor Indra Nooyi stepped down. Most recently he sold 5,900 units of PEP stock worth $1,021,231 on 21 October 2022. 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 . He is a terrific executive with a long and proven track record of growing businesses. 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. Laguarta equally represents continuity and the necessary agility for PepsiCo," said Daniel Vasella, Chairman of the Board's Nominating and Corporate Governance Committee. There are 2 older and 3 younger executives at PepsiCo Inc. Ramon Laguarta Net worth: $7.5 Million US Dollars His career started by working in the Spanish leading confectionary shop named "Chupa Chups". Ramon Laguarta works as a Chairman & Chief Executive Officer at PepsiCo, which is a Food & Beverage company with an estimated 309 K employees; and founded in 1965. Ramon Laguartas income source is mostly from being a successful . 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. 1 reference. 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.. Mandating companywide unconscious-bias training, followed by continued training aimed at reducing biases in the workplace; including PDR objectives on representation; and requiring diversity on executive candidate slateswell also expand our programs dedicated to supporting Black talent throughout critical career stages. Williams oversees PepsiCobrands such as Doritos and Quaker Oats. The AB-PAC supports elected officials and candidates for office whose policy positions and objectives support our companys license to operate.". 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. In one of his recent videos on video-sharing website Vimeo, Laguarta said: "Future is not going to be easy innovation is going to be key. "She has delivered strong and consistent financial performance, managing with an eye toward not only the short-run, but the long-run as well. According to our Database, He has no children. The estimated Net Worth of Ramon Laguarta is at least $75.7 Million dollars as of 21 October 2022. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. But the recent protests in all 50 states and around the world have called on us to honestly assess our efforts. This company has been my life for nearly a quarter century and part of my heart will always remain here. She will remain Chairman until early 2019 to ensure a smooth and seamless transition. This information is according to proxy statements filed for the . Discover Ramon Laguarta's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. He will bring the depth of experience and innovative thinking that has powered his previous achievements as he is inheriting a well-positioned company poised to continue delivering top-tier performance. Solugen Bio has built a chemical plant that produces all manner of chemical-based products using bio-based feedstock instead of fossil fuels. 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. General Mills was removed from the list because it did not have donation data for 2016 and 2020. He is seen as one of the most successful Businessperson of all times. 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. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. 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.". Since becoming CEO of PepsiCo, Laguarta established three priorities to lead the company: Accelerating the company's rate of organic revenue growth; becoming a stronger company; and becoming a better company. Let Food Dive's free newsletter keep you informed, straight from your inbox. 1. Ramon Laguarta Email Chairman of the Board of Directors @ PepsiCo View Ramon's Email (It's Free) 5 free lookups per month. Laguarta also was elected to the company's board of directors, effective . Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. Ramon Laguarta. from 8 AM - 9 PM ET. Ramn Laguarta, premiado con el galardn del Career Award de marketing. 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. And shareholders have benefited: $1,000 invested in PepsiCo in 2006 is worth more than two-and-a-half times that amount today. He is not dating anyone. 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. VP & CFO. 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. 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. 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. I met with several different groups of Black community leaders, as well as MOSAIC, our Black employee resource group. 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 Convenient Foods and Beverages by Winning with Purpose. Every Pepsi CEO has . 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. Meet Ramon Laguarta, PepsiCo's Next CEO Who Will Replace Indra Nooyi . Ramon Laguarta Net Worth 2022 and insider trades. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Davos 2019 Participant List. 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. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. Later, he was appointed as the CEO of the company in Europe. Load more. In closing, Nooyi said: "Today is a day of mixed emotions for me. 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. Media IP Limited, registered in ramon laguarta political party company 's 53-year-old history 5,900 units of PEP worth... 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