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. Revenue Management, Go-to-Market, E-Commerce, Lipton, Beyond Joint Ventures, and PepsiCo Venturing Group in support of PepsiCos efforts to accelerate growth. Most recently, Eugene served as Chief Executive Officer, Sub-Saharan Africa in 2019 and as Executive Vice President of Global Categories & Franchise Management from 2015 to 2019, where he was responsible for the strategic direction of PepsiCos global categories and brands as well as PepsiCos global commercial functions, during which he oversaw a period of strong growth. jobs across 34 markets. 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. productivity, and sustainability, and senior vice president of Supply Chain for PFNA. Cohen first joined PepsiCo in 2002 and led the integration management office for PepsiCo transformation programs. Daniel Vasella, MD served as Chairman of Novartis AG, a global innovative healthcare solutions company, from 1999 to 2013 and as Chief Executive Officer of Novartis AG from 1996 to 2010. From 2009 to 2013, Mr. Conde served as President of Univision Networks, a leading American media company with a portfolio of Spanish language television networks, radio stations and digital platforms. At RB, he was responsible for leading the companys IT transformation, including major systems deployments, upgrades and integrations. Executive Vice President, General Counsel and Corporate Secretary. portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Chief Medical Officer and Senior Vice President, Life Sciences. 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. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. Dr. Steven also previously served as senior vice president and general manager for Frito-Lays East division where he was responsible for the overall business and performance management for the six geographic regions in the Eastern U.S. Fink began her career at The E&J Gallo Winery. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: Cohen holds an MBA degree from Northwestern J.L. Executive Vice President and Chief Science Officer. Indra Nooyi is stepping down as PepsiCo CEO, to be replaced by another 20-year company veteran, group president Ramon Laguarta. 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. Net income attributable to PepsiCo in the year ended Dec. 29, 2018, was $12,515 million, equal to $8.78 per share on the common stock, up 158% from $4,857 million, or $3.38 per share, in the . Darren Walker has served since 2013 as President of the Ford Foundation, a philanthropic organization, and as its Vice President for Education, Creativity and Free Expression from 2010 to 2013. PepsiCo PEP +1.6% released its 2019 sustainability report, Helping to Build a More Sustainable Food System, just last week, amidst global intensification of . Tina is a 20-year PepsiCo veteran. Curated profile of Ramon Laguarta, CEO, PepsiCo including career history, news and intelligence, portfolio companies and investments. Between 2015 and 2017, Ramon served as Chief Executive Officer of the sector formerly known as 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. Now the 54-year-old is . Eugene Willemsen is Chief Executive Officer, Africa, Middle East, South Asia. Believer in purposeful leadership, sustainable performance, and. Professional awards presented to Dr. Tataranni include the NIH Fellowship Award for Research Excellence (FARE) in 1998 and the North American Association for the Study of Obesity (NAASO)-Lilly Scientific Achievement Award in 2004. Global Chief Diversity, Equity and Inclusion Officer. Pepsico CEO Ramon Laguarta joins 'Closing Bell' to talk about the brands resiliency despite tightened economic conditions, beverage brands benefiting from consumers spending more time at home. Paula Santilli was born in Buenos Aires, Argentina. 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. Marie works closely with PepsiCos Audit Committee of the Board of Directors. "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. As the CEO of PepsiCo Beverages North America (PBNA), Kirk Tanner oversees all aspects of PepsiCos beverage business in North America, which generated $25 billion in revenue in 2021, as well as Global Foodservice. 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. Jane began her career at Procter & Gamble. From 2002 to 2006, he was General Manager for Iberia Snacks and . to accelerate growth in this fast growing strategic category. Dr. Tataranni serves on the Boards of several for-profit and non-profit organizations. Marie is a co-chair of PepsiCos Corporate Inclusion Council. Since joining PepsiCo in 2006, Ram has held a number of senior leadership roles. 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. He also ensures that sustainability is woven into the operating plans of all Business Units. He will succeed Indra K. Nooyi, who announced last fall her intent to step down from . During her 15 years at Accenture, Kanioura grew the Applied Intelligence function from a subspecialty to a global group at the forefront of scale business transformation. PepsiCo's product portfolio includes a wide range of enjoyable This article is more than 2 years old. In this capacity he oversaw PepsiCo's Global Category Groups; its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions; and The PepsiCoFoundation. 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. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. Business Council. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods Page led a group of scientists focused on cancer research, genetics, genomics, developmental biology, stem cell research, regenerative medicine, parasitic disease and plant biology. 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. Teri L. List Director John F. Lundgren Lead Independent Director Robert W. Matschullat Director, Chair of Finance Committee She is also a strong champion of diversity and inclusion, increasing women representation in Mexico. PepsiCo generated Taking responsibility 7. She will remain Chairman until early 2019 to ensure a smooth and seamless transition. Chief Marketing Officer. Laguarta's appointment marks the company's tradition. Before joining PepsiCo, he spent eight years at Procter & Gamble. 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 this role, he held a variety of operating and functional leadership roles in the company including global head of Strategy and leader of our Beyond the Bottle businesses. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 David Flavell is Executive Vice President, General Counsel and Corporate Secretary of PepsiCo. 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. 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. 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 lives in Minnetonka, Minnesota, with his wife and two children. in accounting from Pace University. What is Ramon Laguarta's salary? Mujeres Construyendo Latinoamrica(2020), Empowering You, Empowering Her In this role, Tina and her team supported transformational initiatives, including developing and implementing future go-to-market systems and organizational models, new ways of working, and technologies. Ramon Laguarta has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. creativity, and purpose at its heart. He had leadership accountability for all elements of strategy and innovation, as well as sustainability and the company's digital transformation. Chief Executive Officer, Asia Pacific, Australia, New Zealand and China. Jane oversees PepsiCos Global Consumer organization across our brand portfolio, which includes R&D, Marketing, Insights, Design and Category Strategy. Prior to Starbucks, Ms. Gass was with The Procter & Gamble Company. He took over the position of the Chairman of the Board of Directors on February 1, 2019. 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. Eugene joined PepsiCo from Friesland-Campina in 1995. Endurance 18. The CEO score provides an understanding of how employees feel about the CEO's leadership style and effectiveness at PepsiCo. 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. After Indra Nooyi decided to step down as PepsiCo's CEO after a 12 year long stint at the helm, current President Ramon Laguarta is all set to take over . Kellogg Graduate School of Management and a bachelors degree in commerce from DePaul University. Previous responsibilities within the group included the roles of Vice President Global Medical Affairs, Medical Director Europe, Vice President for the Metabolism Medical Unit in the US affiliate (2006-2008) and Medical Director for the Metabolism Franchise (2005-2006). Ram Krishnan is the CEO International Beverages and Chief Commercial Officer of PepsiCo. Chief Executive Officer, PepsiCo Latin America (LatAm). Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. 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. 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 serves on the boards of American Express Company and SciClone Pharmaceuticals (Holdings) Limited. Bjrn believes in developing high-performing teams through passion, purpose, and fun with a service-first mindset. Taking decisions 11. Ronald and his team also partner with PepsiCos Sectors and business units to advance culture, as well as diversity, inclusion and engagement. Passionate about environmental and human sustainability, Bjrn led PepsiCo's initiatives to become the first big beverage brand to become 100% rPET and to reduce sugar across the portfolio in critical markets across Europe. Segun Agbaje has served since 2021 as Group Chief Executive Officer of Guaranty Trust Holding Company Plc, a Nigerian multinational institution. Ramon Laguarta, Chairman and Chief Executive Officer, PepsiCo"We are thrilled to welcome Roberto, who brings valuable political skills and technical knowledge of the complex social, political, and regulatory environments impacting multinational corporations like PepsiCo," said Chairman and CEO, Ramon Laguarta. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. CEO of PepsiCo, a global food and beverage leader with 23 brands generating more than $1 billion each in annual retail sales. Former Group Chief Executive Officer, Tesco PLC; Chairman, XLinks. 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. Mentoring the team 14. He also served as a Senior Advisor at Lazard Ltd. from 2015 until 2018. 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. An accomplished innovator and transformation leader, Kanioura oversees PepsiCos end-to-end strategy to win both as a total company and in key markets, including our digitalization strategy. She is an excellent communicator. Not only will this leadership style mobilize employees to increase engagement, feel more connected to the organization as well as generate new innovative ideas but it has proven to be a significant catalyst in connecting to new and diverse growth markets. (2021) and A Womans Guide to Power, Presence, and Protection (2022). 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. Independent Advisor; Former Senior Advisor to Google Inc. Shona L. Brown served as a Senior Advisor to Google Inc., an internet search and advertising technologies corporation, from 2013 to 2015. the Sustainable Development Goals category at Cannes, in partnership with the United Nations Development Program. Reward for performance 10. Ramon Laguarta, born in Barcelona, Spain is the Chairman and CEO (Chief Executive Officer) of PepsiCo. Laguarta, who starts on Oct. 3, will be tasked with managing the company's response as consumer tastes move away from sugary drinks. He has lived in Australia, New Zealand, China and Dubai and is now based in Purchase, NY. From 2002 until its acquisition by PepsiCo in 2010, Mr. Pohlad was Chairman and Chief Executive Officer of PepsiAmericas, Inc., an independent publicly traded company. 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+). Mr. Agbaje also currently serves as a director of MasterCard Advisory Board Middle East and Africa. Only independent directors make up our four board committees: Audit; Compensation; Nominating and Corporate Governance; and Sustainability, Diversity and Public Policy. Ms. Cooper co-founded Medley, a membership-based community for personal and professional growth, in 2020. 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. She graduated from Universidad del Salvador in Argentina and studied in Miami University of Ohio. 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. Anne also serves on the Board of Directors for Dicks Sporting Goods. He also serves as chair of the board of Numab Therapeutics AG, a biotechnology company, and on the boards of several private companies and non-profit organizations. David assumed the role of Executive Vice President, General Counsel and Corporate Secretary in March 2021, and he leads the companys worldwide legal and compliance and ethics functions. 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. Ren has held various board memberships including those of European and Dutch industry associations related to the home and personal care industry as well as the European Chemical Industry. Prior to that, Wern-Yuen was President and CEO of Walmart China, where he led a team of 100,000 associates responsible for over $10 billion in annual revenue across the Walmart, Sams Club, and e-commerce businesses. Nooyi, 62, is stepping down after 24 years at PepsiCo, where . Indra Nooyi to step down as PepsiCo CEO, Ramon Laguarta to succeed Nooyi, 62, who has been with the company for 24 years, will continue as chairman of the board until early 2019. He consistently demonstrates the ability to work across developed, developing, and emerging geographies to meet the needs of customers Ronald also led active engagement with Vodafones LGBT+ community, spearheading the companys early adoption of the UN Free & Equal Global Business Standard. 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. He became CEO on October 3, 2018 after his predecessor Indra Nooyi stepped down. Executive Vice President, Chief Sustainability Officer. 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. In this capacity, he leads a team of more than 200 professionals comprised of both CPG experts and native digital talent who are embedded throughout the PepsiCo business. Ramon Luis Laguarta Net Worth. 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. Mr. Andrew started his career at the Boston Consulting Group (BCG), leaving as a senior partner after a distinguished 25-year career. 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. August 7, 2018 10:55:13 am. He began his career with the Singapore government. Since joining PepsiCo in 2009, Bjrn has had several leadership positions in developed, developing, and emerging geographies, including but not limited to leading the beverages strategy for Europe, the joint venture with Lipton for Europe & Sub-Sahara
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