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. of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Ramon is a native of Barcelona and holds an MBA from ESADE Business School in Spain and a Master's in International Management (M&M) from Thunderbird School of Global Management. 3 Initiatives From PepsiCo - CSP Daily News billion each in estimated annual retail sales. Taking decisions 11. Mujeres Construyendo Latinoamrica(2020), Empowering You, Empowering Her Since joining PepsiCo, Fink has served in diverse leadership roles, developing broad business and general management expertise spanning foodservice, retail, e-commerce, strategic customer management, marketing, operations, franchise management and business development. Ramon Laguarta, 54, will succeed Indra Nooyi as CEO of the beverage and snack giant in October, the company announced Monday. 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. of our consumers, customers, and associates. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ren has more than 20 years of R&D experience in the CPG industry. Ramon Laguarta Elected Chief Executive Officer of PepsiCo - PR Newswire Segun Agbaje has served since 2021 as Group Chief Executive Officer of Guaranty Trust Holding Company Plc, a Nigerian multinational institution. Meet PepsiCo's Next CEO: Ramon Laguarta - WSJ Over the past two decades, Eugene has been harnessing the power of diverse teams to create high-performing businesses and some of the worlds most resonate brands. Currently, Tina sits on the Deans Advisory Board of WVUs College of Business & Economics and was recently appointed to the Board of Directors of the WVU Foundation. Roberto Azevdo is Executive Vice President, Chief Corporate Affairs Officer and Chairman of Board of Directors, PepsiCo Foundation at PepsiCo. Dr. Brown served as Google Inc.s Senior Vice President, Business Operations from 2006 to 2011 and Vice President, Business Operations from 2003 through 2006, leading internal business operations and people operations in both roles. 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. August 7, 2018 10:55:13 am. 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. 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ramon L Laguarta, Pepsico Inc: Profile and Biography In 2002, he became Executive Vice President, North America and Europe. 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. He is also an active a member of the New York State Council of Business Leaders in Support of Access to Justice, the Association of General Counsel and the World Economic Forums Global Future Council on Transparency and Anti-Corruption. Ramon Laguarta - Chairman & Chief Executive.. - PepsiCo | ZoomInfo PURCHASE, N.Y. Ramon Laguarta has been elected chairman of the board of PepsiCo, Inc., effective Feb. 1. Prior to joining Kohls, Ms. Gass served in a variety of management positions with Starbucks Corporation from 1996 to 2013, including most recently as President, Starbucks EMEA (Europe, Middle East and Africa) from 2011 to 2013; President, Seattles Best Coffee; Executive Vice President, Global Marketing and Category; and various leadership roles in other brand, marketing, product management and strategy functions. He previously was Senior Vice President and General Manager of PepsiCos global Walmart Customer Team and also served as Frito-Lay North Americas (FLNA) Senior Vice President and 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. Who is Ramon Laguarta? The marketer-turned-Pepsi CEO taking over from He joined Guaranty Trust Bank as a pioneer staff member in 1991 and held positions of increasing responsibility, including as Executive Director from 2000 to 2002, Deputy Managing Director from 2002 to 2011 and as Acting Managing Director in 2011. Our business strategy and affairs are overseen by our board of directors comprised of one executive director and 13 independent directors. PepsiCo Starts 2021 Off Right | The Motley Fool We will provide grants to participants' organizations, executive education, and connections to PepsiCo. Indra Nooyi, PepsiCo CEO, to step down after 12 years - USA TODAY Kirk Tanner is Chief Executive Officer of PepsiCo Beverages North America (PBNA). PepsiCo's Leadership Handoff to Laguarta Unlikely to Make Waves Laguarta hopes the company can grow at 5% vs. 2% to 2.5%. 5 Things to Know About Next PepsiCo CEO Ramn Laguarta | Fortune She also leads company-wide transformationensuring that our scale is leveraged as we focus on accelerating profitable growth and identifying areas of cost efficiency and optimizationin addition to overseeing Data Products, Platforms, and Talent. Previously, Dr. Brown was a partner at McKinsey & Company, a management consulting firm. 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. From 2015 to 2020, Mr. Conde served as Chairman of NBCUniversal International Group and NBCUniversal Telemundo Enterprises. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. He also served at Sandoz Pharmaceuticals Corporation from 1988 to 1992. Mr. Andrew also served as the chief administrative officer of Sears Holdings Corporation. Nooyi, 62, is stepping down after 24 years at PepsiCo, where . Former Group Chief Executive Officer, Tesco PLC; Chairman, XLinks. Transformational Leadership Theory - Simply Psychology Ramon Laguarta | World Economic Forum Only independent directors make up our four board committees: Audit; Compensation; Nominating and Corporate Governance; and Sustainability, Diversity and Public Policy. 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. Silviu holds a Master's degree in Physics and an MBA from the London Business School. He has authored more than 100 original manuscripts, in addition to contributing to numerous review articles and book chapters. He is admitted in the State of Victoria and registered as in-house counsel in New York. Nooyi's successor, for example, is Ramon Laguarta, a 22-year veteran of Pepsico. Ms. Dublon previously held numerous positions at JPMorgan Chase and its predecessor companies, including corporate treasurer, managing director of the financial institutions division and head of asset liability management. Marie joined Altria (then Philip Morris) in 1992. Ram has won numerous product innovation and advertising industry awards and serves on the Board of Directors for the Tractor Supply Company. Tina is responsible for the continued advancement of the companys aspirations to be Faster, Stronger, and Better, with a focus on increasing diverse representation, empowering courageous conversations and investing strategically in communities. Previously, she served as the President of PepsiCo Mexico Foods (PMF), the second largest market for PepsiCo globally, and of the PepsiCo Mexico Foundation. Cohen holds an MBA degree from Northwestern J.L. President, PepsiCo International Beverages Franchise. Ramon Laguarta Net Worth, Biography, and Insider Trading He assumed his current role in January 2019. Prior to this role, Kirk was President of PepsiCo Global Foodservice where he was responsible for expanding partnerships and driving growth of PepsiCos entire food and beverage portfolio with customers in the restaurant, workplace, lodging, recreation, retail, college & university and theatre channels. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. Building a healthy workplace 3. He can speak many languages, including English, Spanish, French, German, Greek, and Catalan. While at Bluestem he co-founded the Zenalytics Lab, which created significant innovations in credit and marketing decisions using machine learning modeling techniques for predictive analytics. 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. Cohen, who previously served 15 years at PepsiCo in a variety of Information Technology (IT) leadership roles, assumed the SVP and global CIO position in November 2019. 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. "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. Paula is committed to generate inclusive growth in Latin America and to contribute to the well-being of the communities in which PepsiCo operates. 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. During his tenure, the WTO expanded its membership with the inclusion of half a dozen new members and worked to improve the service the WTO provided to members. With 55,000 associates and 400 locations across the United States and Canada, PBNAs iconic portfolio of beverages includes Pepsi, Gatorade, bubly, MTN DEW, Starbucks ready- to-drink coffee, LIFEWTR, Lipton and Rockstar Energy Drink. Between 1999 and 2004 he was Head of the Obesity, Diabetes and Energy Metabolism Unit at the Phoenix Epidemiology and Clinical Research Branch of the National Institutes of Health in the U.S. and Director of the Clinical Research Center at the same institution from 2000 through 2004. PepsiCo's Incoming CEO Faces Key Issues - RealMoney His areas of focus include solidifying PepsiCos engagement with national and international governments, regulators, international organizations, and non-governmental stakeholders, all of which is informed by his political skills and technical knowledge of the complex social, political, and regulatory environments impacting companies like PepsiCo. 1137 2 Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. This includes PepsiCos commitment to racial equality and gender parity. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. He and his wife, Maria, are the proud parents of three sons. Meet Ramon Laguarta, PepsiCo's Next CEO Who Will Replace - Outlook In 2004, he became Chief Operating Officer, with responsibility for operations in North America, Europe, Asia and Africa, and in 2005, he became responsible for all Colgate-Palmolive operations worldwide, serving as President and Chief Operating Officer from 2005 to 2007. Add your Company Teri L. List Director John F. Lundgren Lead Independent Director Robert W. Matschullat Director, Chair of Finance Committee He also delivered the Trade Facilitation Agreement, the expansion of the Information Technology Agreement, and decisions on food security, in addition to eliminating agricultural export subsidies, and enabling more goods and services exports from least developed countries. Before that, he spent nine years at PepsiCo in various senior human resources roles, including assignments in Switzerland, Spain, South Africa, the UK and Poland. Ramon spent his time meeting with our leadership team, customers and partners," PepsiCo India spokesperson was quoted as saying by the newspaper. 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 . 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. 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. Dr. Tataranni serves on the Boards of several for-profit and non-profit organizations. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. A 12-year PepsiCo veteran, Bjrn, took on his most recent role in January 2022, bringing PepsiCo's iconic global beverage brands and innovations into a closer, more effective collaboration with the franchise-owned bottling operations. Working with both startups and strategic partners such as Tencent and JD.com, he leveraged data-driven insights to enhance Walmarts omnichannel services, shopper experiences, and developed innovative store formats. Tina is a previous board member of Court Appointed Special Advocates (CASA) of Collin County, Texas. Tina is a 20-year PepsiCo veteran. 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. She holds an BS with honors in Business Administration and is also qualified as a Chartered Accountant. He has held a number of executive and general management roles in his 22 years at PepsiCo. Salary: $1,542,308: Bonus: $0: Value of Stock Awards: $8,745,056: Value of Option Awards: $0: Non-Equity Incentive Plan Compensation: $10,222,640: Change in Pension . Gregg Roden is Executive Vice President and Chief Operations Officer of PepsiCo, where he leads global operations, global procurement, employee health & safety, global security, supply chain strategy & transformation, and holistic cost management. Join the World's Top Companies Get your company on The Org for free, joining over 140,000 top organizations. Indra Nooyi to step down as PepsiCo CEO, Ramon Laguarta to succeed Creativity 17. Africa, the North America juice and the Nordic businesses. 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. A Resolution for Scalable Solutions to Climate Change - LinkedIn Vince Jones is the eCommerce Head of PepsiCo. Leadership - PepsicoUpgrade . PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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. Our Leadership Executive Officers Board of Directors Chairman and Chief Executive Officer Ramon L. Laguarta Get to know Ramon Executive Vice President, Chief Sustainability Officer Jim Andrew Get to know Jim Executive Vice President, Chief Corporate Affairs Officer and Chairman of Board of Directors, PepsiCo Foundation Roberto Azevdo Indra Nooyi is stepping down as PepsiCo CEO, to be replaced by another 20-year company veteran, group president Ramon Laguarta. What could lie ahead for the food and beverage giant? The parent company of Pepsi, Frito-Lay,. PepsiCo veteran Ramon Laguarta to replace Indra Nooyi as CEO Michelle Lodge Aug 6, 2018 4:33 PM EDT Ramon Laguarta is a. Ren currently holds a board seat at New York Hall of Science and serves as a commissioner for the National Commission on the Innovation and Competitiveness Frontiers, an initiative of the U.S. Council on Competitiveness. Black Lives Matter to business: What the PepsiCo CEO says his - Fortune