Ramon Laguarta | |
|---|---|
 | |
| Born | 1963 (age 60–61) |
| Education | ESADE (BBA, MBA) Arizona State University, Phoenix (MS) |
| Title | CEO of PepsiCo |
| Predecessor | Indra Nooyi |
Ramon Laguarta (born 1963 in Barcelona, Spain) [2] is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. [3] He became CEO on 3 October 2018 after Indra Nooyi stepped down. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. [5] [6]
Laguarta graduated with bachelor's and master's degrees in business administration from ESADE Business School in Barcelona in 1985. In 1986 he received a master's degree in international management from the Thunderbird School of Global Management. [7] [8]
Before joining PepsiCo he worked at Chupa Chups, a candy company based in Spain known for its lollipops. [9] Laguarta joined PepsiCo in January 1996.[ citation needed ] His first role was in the company's European business, and in 2014 became the CEO of the entire Europe and Sub-Saharan Africa (ESSA) sector. [10] While working in Europe, Laguarta helped lead the acquisition in 2010 of Russian dairy and juice company Wimm-Bill-Dann, a deal valued at $5.4 billion, the company's second largest acquisition after its purchase of Quaker Oats in 2001. [11]
Laguarta was named president of PepsiCo in September 2017. He oversaw PepsiCo's Global Category Groups, its Global Operations, Corporate Strategy and Public Policy & Government Affairs functions. [5] As a result of the promotion, he moved to the United States. [1]
Laguarta was unanimously voted in as PepsiCo's next CEO on 6 August 2018, the same day Indra Nooyi announced she was stepping down. [12] [13] [14] He officially took over the role on 3 October 2018 and became Chairman of the Board of Directors on 1 February 2019. [14] Laguarta has been working at PepsiCo for over 20 years, his previous roles including CEO for Europe Sub-Saharan Africa, president for the PepsiCo Eastern Europe Region, commercial Vice President for PepsiCo Europe, general manager for Iberia Snacks and Juices and General Manager for Greece Snacks. [15] 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. [16]
As part of making PepsiCo a better company, Laguarta has been tasked with implementing a new purpose behind PepsiCo's sustainability agenda: helping to build a more sustainable food system. Under his leadership, the company is focusing its efforts and goals around agriculture, water usage, plastics, products, climate change and human rights. [17]
This includes the company's 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), [18] 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. Laguarta has also led attempts to reduce waste by acquiring SodaStream. [19] Through the expansion of SodaStream's business, the need for an estimated 67 billion plastic bottles will be avoided through 2025. [20]
In addition to being a member of the PepsiCo Board of Directors, [21] Ramonais a director of Visa Inc. [22] He is the Co-Chair of the World Economic Forum's Board of Stewards for the Food Systems Initiative. [23]
Laguarta speaks Catalan, English, Spanish, French, German and Greek. [9] He is married with three children. [24]
Amazon.com, Inc., doing business as Amazon, is an American multinational technology company, engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It is considered one of the Big Five American technology companies; the other four are Alphabet, Apple, Meta, and Microsoft.
Donald Mcintosh Kendall was an American businessman and political adviser. He served as CEO of Pepsi Cola and as CEO of PepsiCo from 1971 to 1986.
Esade is an international private educational institution based in Barcelona, Spain. Esade runs two schools of the university, Esade Business School and Esade Law School, as well as a language centre, the Esade Executive Language Center. The school has also formed a strategic alliance with Ramon Llull University in its undergraduate programmes in Law and Business. ESADE is ranked among the world's top business schools and law school programs by the Financial Times, The Economist, Forbes, QS World University Rankings and more.
Chupa Chups is a Spanish brand of lollipop and confectionery company found in over 150 countries around the world. The brand was founded in 1958 by Enric Bernat, and is currently owned by the Italian-Dutch company Perfetti Van Melle. The name of the brand comes from the Spanish verb chupar, meaning "to suck". Similar confections are known as lollipops or suckers in English.
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. The largest and most recent acquisition was Pioneer Foods in 2020 for US$1.7 billion and prior to it was buying the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio and Tropicana Products in 1998.
Indra Nooyi is an American business executive who was the chairman and chief executive officer (CEO) of PepsiCo.
Christopher A. Sinclair is an American businessman. He is the chairman of Reckitt. He is the former chairman and CEO of Mattel. Previously, he was chairman and CEO of PepsiCo.
Wimm Bill Dann is one of Europe's largest dairy products companies. WBD produces yogurt, milk, flavored milk, fruit juices, and other soft drinks. It holds a 34% share in all dairy products in Russia, and a 20% share of the fruit drink market.
Gary Rodkin is the past CEO and President of ConAgra Foods, one of the largest food processing companies in North America. Rodkin was formerly the CEO and president of the North America division of PepsiCo from 1995 to 2005, and still is a special consultant through his exit agreement with the company.
Since 2004, Forbes, an American business magazine, has published an annual list of its ranking of the 100 most powerful women in the world. Edited by prominent Forbes journalists, including Moira Forbes, the list is compiled using various criteria such as visibility and economic impact. In 2023, the gauge was "money, media, impact and spheres of influence". The top 10 per year are listed below.
Thunderbird School of Global Management is a business school of Arizona State University, a public research university in the Phoenix metropolitan area. It was founded in 1946 as an independent, private institution and acquired by Arizona State University in 2014. The school moved to ASU's Downtown Phoenix campus in 2018. The campus built a new $75 million building for the school in 2021.
Sabritas, S. de R.L. de C.V. is a Mexican snack company owned by PepsiCo. They are best known for manufacturing chips.
Walkers Snack Foods Limited, trading as Walkers, is a British snack food manufacturer mainly operating in the UK and Ireland. The company is best known for manufacturing potato crisps and other snack foods. In 2013, it held 56% of the British crisp market. Walkers was founded in 1948 in Leicester, England, by Henry Walker. The Walkers family sold the business in 1970 to American food producer, Standard Brands. In 1989, Walkers was acquired by PepsiCo, owners of US snack brand Frito-Lay.
Michael H. Jordan was an American businessman. He served as the chief executive officer of PepsiCo Worldwide Foods (1986–1990), Westinghouse Electric Corporation (1993–1998), CBS Corporation (1995–1998), and Electronic Data Systems (2003–2007).
Leena Nair is a British-Indian business executive who is the chief executive officer (CEO) of Chanel. Nair previously was the chief human resource officer of Unilever and member of the Unilever leadership executive. Nair was responsible for the human capital of Unilever, which operates across multiple regulatory and labour environments spread over 190 countries. Under her leadership, Unilever has been named the number one FMCG graduate employer of choice in 54 countries. Nair is an advocate for human-centred workplaces and compassionate leadership.
Debra Ann Crew is the president and CEO of Diageo. She is also a board member of Mondelez International, and the former president and chief executive officer of R. J. Reynolds Tobacco Company. She previously held senior management positions at PepsiCo, Mars, Incorporated, and Dreyer's.
Michelle D. Gass (Petkers) is an American businesswoman who currently serves as the president and director of Levi Strauss & Co., a position she has held since December 2022.
Kewsong Lee is a Korean-American businessman who is the former chief executive officer (CEO) of private equity firm The Carlyle Group.
Trian Fund Management, L.P., which uses the trade name Trian Partners, is an American hedge fund management firm headquartered in New York City. As an activist investor, the firm has pushed for significant change at some of America's largest corporations.
{{cite web}}: CS1 maint: multiple names: authors list (link){{cite news}}: CS1 maint: multiple names: authors list (link)| Brands and subsidiaries |  | |
|---|---|---|
| Other holdings | ||
| Former holdings | ||
| People |
| |
| Related articles | ||
