Mr. Agbaje also currently serves as a director of MasterCard Advisory Board Middle East and Africa. Join the World's Top Companies Get your company on The Org for free, joining over 140,000 top organizations. PepsiCo Chairman and CEO Ramon Laguarta announced the investment after protests erupted across the country, sparked by . PepsiCo's Leadership Handoff to Laguarta Unlikely to Make Waves Laguarta hopes the company can grow at 5% vs. 2% to 2.5%. The "Do what I tell you" and "Do as I do now" styles are top-down management styles and don't take into consideration the different work styles of employees. 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. 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. 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. Laguarta's appointment marks the company's tradition. 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 . PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Before coming to PepsiCo in 2017, Vince built deep eCommerce domain expertise and general management experience. Before being named CEO in 2019, Kirk served as President and Chief Operating Officer of North America Beverages. 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. 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 consistently demonstrates the ability to work across developed, developing, and emerging geographies to meet the needs of customers creativity, and purpose at its heart. 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. Ramon Luis Laguarta Net Worth. jobs across 34 markets. Jane oversees PepsiCos Global Consumer organization across our brand portfolio, which includes R&D, Marketing, Insights, Design and Category Strategy. 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. Ethics 8. Marie is a co-chair of PepsiCos Corporate Inclusion Council. Paula Santilli is the Chief Executive Officer of PepsiCo Latin America and a member of PepsiCos Executive Committee since May 2019. pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. Marie Gallagher is Senior Vice President and Controller of PepsiCo. Eugene holds a BBA from Nijenrode University in the Netherlands, a MSc in Economics from the "VU University" in Amsterdam and an Executive MBA from INSEAD. Mr. Laguarta earned a salary of $1,542,308.00, stock awards of $8,745,056.00, non-equity compensation of $10,222,640.00, and other compensation of $581,364.00. What could lie ahead for the food and beverage giant? Former Chairman and Chief Executive Officer, Novartis AG. Ms. Cooper co-founded Medley, a membership-based community for personal and professional growth, in 2020. He sits on the Board of Directors and the Executive Committee for the Consumer Brands Association (formerly GMA). He is the sixth person to take the responsibility of CEO of the company as his predecessor Indra Nooyi stepped down the position on October 3, 2018. Eugene is the Chairman of the U.S. Chamber of Commerces U.S.-Africa Business Center and Vice Co-Chairman of U.S.-U.A.E. Bjrn Bernemann is the President of PepsiCo International Beverages Franchise. 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. 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. Lloyd A. Carney , Founder and Chief Acquisition Officer, Carney Technology Acquisition Corp II. in accounting from Pace University. Communicate effectively 5. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. David C. Page, MD is a professor of biology at Massachusetts Institute of Technology and the Whitehead Institute for Biomedical Research, an independent non-profit research and educational institute affiliated with MIT and an investigator at the Howard Hughes Medical Institute. He had leadership accountability for all elements of strategy and innovation, as well as sustainability and the company's digital transformation. 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. 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. Chief Executive Officer, PepsiCo Latin America (LatAm). She will remain Chairman until early 2019 to ensure a smooth and seamless transition. Jane Wakely is Executive Vice President, Chief Consumer and Marketing Officer and Chief Growth Officer, International Foods at PepsiCo. Teri L. List Director John F. Lundgren Lead Independent Director Robert W. Matschullat Director, Chair of Finance Committee Information about the diversity of our Board is included in our Nasdaq Board Matrix, availablehere. Marie is a certified public accountant and has a B.B.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. Prior to joining PepsiCo, Azevdo worked as a career diplomat, most recently serving as Director-General of the World Trade Organization (WTO) since 2013. foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. PURCHASE, N.Y. PepsiCo Inc. will invest more than $400 million over the next five years to lift Black communities and increase Black representation at the Purchase, N.Y.-based beverage company. Uniqueness 6. Personal highlights include winning the inaugural Grand Prix in Jane has led teams who have won numerous industry awards over the last decade, including more than 160 Cannes Lions, 120 One Show awards, 100 Effies and 60 Design and Art Direction awards. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Ram has won numerous product innovation and advertising industry awards and serves on the Board of Directors for the Tractor Supply Company. Executive Vice President and Chief Human Resources Officer. 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. The estimated Net Worth of Ramon Laguarta is at least $76.1 Million dollars as of 21 October 2022. "When you take over a leadership post, start searching to find your natural successor." John Welsh Aug 06, 2018. 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. 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. Gregg joined PepsiCo in 1990 after graduating from Texas A&M University with a Bachelor of Science degree in Industrial Distribution. This includes PepsiCos commitment to racial equality and gender parity. portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Sir Dave Lewis served as Group Chief Executive Officer of Tesco PLC, a multinational grocery and general merchandise retailer, from 2014 until 2020. 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. She graduated from Universidad del Salvador in Argentina and studied in Miami University of Ohio. Executive Vice President and Chief Operations Officer. Fink previously served as the Chief Operating Officer for PepsiCo North America Foodservice. David Flavell is Executive Vice President, General Counsel and Corporate Secretary of PepsiCo. Ramon Laguarta Chairman & Chief Executive Officer at PepsiCo Published Jan 14, 2021 + Follow Fighting climate change has long been a key priority for PepsiCo, but as we begin 2021, the cause has . Mr. Cook currently serves as PepsiCo's Presiding Director. Ramon Laguarta Net Worth & Basic source of earning is being a successful Spanish Businessperson. Between 2015 and 2017, Ramon served as Chief Executive Officer, Europe Sub-Saharan Africa ("ESSA"), one of PepsiCo's most complex businesses, with responsibility for leading the company's food and beverages businesses across Europe and its food business in Sub-Saharan Africa. Prior to joining PepsiCo, Dr. Tataranni was Senior Vice President, Head of Global Medical Affairs, Diabetes & Cardiovascular Business Unit, in charge of medical strategy worldwide and operations for mature markets at Sanofi. Tina is a previous board member of Court Appointed Special Advocates (CASA) of Collin County, Texas. Ramon Laguarta is the Chairman of the Board of Directors and Chief Executive Officer of PepsiCo. David serves as a member of the board for the PepsiCo Foundation and the Pro Bono Partnership. 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. Since joining PepsiCo in 1992, Kirk has held several leadership roles, including Senior Vice President and General Manager of Frito-Lays West Business Division; Vice President of Sales at PepsiCo U.K. and Ireland; Vice President of Frito-Lay North Americas Mountain Region; Vice President of Frito-Lay North Americas Mid-America Region; and Vice President of Frito-Lay North Americas California Region. Mentoring the team 14. Mr. Weisser previously served as Bunges Chief Financial Officer from 1993 to 1999. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. 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. Dr. Tataranni joined PepsiCo in September, 2018 as the Senior Vice President of R&D Life Sciences, responsible for leading the development and execution of a nutrition and bio-sciences strategy in support of the companys portfolio transformation and Pep+ agenda. Michelle Gass has served as President of Levi Strauss & Co. since 2023. 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. We would like to show you a description here but the site won't allow us. 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. 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. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. He previously served as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc from 2011 to 2021. She is a board member of The Culinary Institute of America and the National Restaurant Association. The parent company of Pepsi, Frito-Lay,. billion each in estimated annual retail sales. Page led a group of scientists focused on cancer research, genetics, genomics, developmental biology, stem cell research, regenerative medicine, parasitic disease and plant biology. Tina has previously served PepsiCo in a range of human resource capacities in field, headquarter and corporate global assignments, where she has developed broad and varied human capital management expertise in business transformation, innovation, change leadership, and organizational design. Only independent directors make up our four board committees: Audit; Compensation; Nominating and Corporate Governance; and Sustainability, Diversity and Public Policy. PURCHASE, N.Y., Aug. 6, 2018 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that its Board of Directors has unanimously elected Ramon Laguarta, 54 . Executive Vice President, Chief Consumer and Marketing Officer and Chief Growth Officer, International Foods. Our business in the region earned $8.1 billion dollars in annual net revenue in 2021 and supports over 77,000 direct Prior to joining Vodafone, Ronald worked for almost six years as the executive vice president of Human Resources for the downstream division of Royal Dutch Shell plc. 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. Kirk is a member of the board of directors of the American Beverage Association, is on the board of directors for PAI Partners and serves on the advisory board for the University of Utahs David Eccles School of Business, where he earned a Bachelor of Science degree in Accounting. Nooyi will step down on Oct. 3 after 24 years with the company, including 12 as CEO. 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. Cohen, his wife and four children reside in Dallas, Texas. 1993 fick han anstllning hos Pepsico och . Vince has a BS in Business Administration from the University of Arkansas and an MBA from the Stanford Graduate School of Business. Lay's Debuts World Premiere Of Fun-Filled Football Commercial "Messi Visits" Starring The G.O.A.T. Vice Chairman and Chief Financial Officer. He also ensures that sustainability is woven into the operating plans of all Business Units. Fink assumed her current role in 2016. Ronald joined PepsiCo in 2018 and oversees the companys global HR function, which leads talent management and acquisition, leadership development, learning and capability building, compensation and benefits, organizational effectiveness, and HR operations. 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. 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 . Optimism and focus 15. 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. PURCHASE, N.Y. Ramon Laguarta has been elected chairman of the board of PepsiCo, Inc., effective Feb. 1. Kermit R. Crawford , Former President and Chief Operating Officer, Rite Aid Corporation. Popovici became Chief Executive Officer of PepsiCo Europe in August 2019. Coercive and pace-setting styles of leadership are two styles that decrease employee engagement and therefore have a negative impact. He is the sixth CEO in the company's history, and the first Spanish CEO of a large American multinational company. 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, Executive Vice President, General Counsel and Corporate Secretary. As head of R&D, Ren is also responsible for PepsiCos quality and food safety and regulatory affairs efforts. His leadership experience also includes a tenure as chief executive officer for the brand's complex Europe Sub-Saharan Africa market. Jim Andrew is Executive Vice President, Chief Sustainability Officer for PepsiCo. Previously, she served as the President of PepsiCo Mexico Foods (PMF), the second largest market for PepsiCo globally, and of the PepsiCo Mexico Foundation. Revenue Management, Go-to-Market, E-Commerce, Lipton, Beyond Joint Ventures, and PepsiCo Venturing Group in support of PepsiCos efforts to accelerate growth. Steven is a member of the board of directors of State Farm Mutual Automobile Company and is very active in the community, serving on the executive advisory board for the Southern Methodist University Cox School of Business, the presidents advisory board for University of Texas Southwestern Medical Center, in addition to being a current Board Chair of United Way in Dallas; and 2024-2025 Campaign Chair during United Way of Metropolitan Dallas Centennial year. Ramon Laguarta Chairman and Chief Executive Officer . Since joining PepsiCo in 2006, Ram has held a number of senior leadership roles. She brings to the role a keen focus on delivering foodservice growth fueled by a broad and balanced food and beverage portfolio, insight-driven innovation, leading-edge marketing programs as well as best-in-class customer service. 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 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. 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. He is seen as one of the most successful Businessperson of all times. Prior to joining PepsiCo, Ronald served as Chief Human Resources Officer at Vodafone for 10 years.