This includes the companys 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), 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. Ramon Luis Laguarta is the Chairman & CEO at PepsiCo Inc. As the Chairman & CEO of PepsiCo Inc, the total compensation of Mr Laguarta at PepsiCo Inc is $7,448,462. Fluent in multiple languages including Spanish, English, French, German, and Greek, the Barcelona native used to work for leading Spanish confectionery company, Chupa Chups SA, before he began his PepsiCo career. 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, to succeed Indra K.. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. And of course, I want to thank all of my colleagues, as well as the customers, bottlers, partners, and investors who are part of the PepsiCo family. According to our Database, He has no children. On average, PepsiCo Inc executives and independent directors trade stock every 28 days with the average trade being worth of $9,279,404. Nearly all major U.S.-based food and beverage companies operate their own corporate PACs. "Indra has also, selflessly, served as a mentor for associates up and down the organization, building close relationships with leaders in every one of PepsiCo's key markets, championing diversity and adhering to the highest standards of corporate ethics, earning PepsiCo a place on Ethisphere's list of the World's Most Ethical Companies every year since the list was established 12 years ago. We consider it our duty, and our responsibility, to make our views clear to those who have the potential to impact the laws, regulations and policies that can influence our global business," the company said. As CEO, she grew revenue more than 80%, outperforming our peers and adding a new billion-dollar brand almost every other year. "I'd rather do it quietly because I don't need to be beaten up for it," Engelmayer said of these companies. "You want to continue being a big strong company making money for your shareholders, your employees and bring good products to the market. Investing $5 million to launch a Community Leader Fellowship program for Black nonprofit CEOs. PepsiCo CEO Indra Nooyi is stepping down as CEO on Oct. 3, and her No. Last updated: 26 January 2023 at 7:06pm EST. 20. And shareholders have benefited: $1,000 invested in PepsiCo in 2006 is worth more than two-and-a-half times that amount today. He has a deep understanding of the changing preferences of consumers and other critical trends unfolding around the world, and he has demonstrated that he knows how to navigate them successfully. It takes less than ten minutes to set up your company page. She will remain chairman until early 2019 to ensure a smooth and seamless transition, says PepsiCo. Topics covered: manufacturing, packaging, new products, R&D, and much more. Her leadership skills, strategic acumen, dedication and integrity have been critical to the sustained success of the corporation and the development of top talent.". The donation numbers for the election four years ago cover the full 24-month period ended Dec.31, 2016. He moved to the US in 2017 when he was appointed the company President. [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. You don't want to be bogged down with the outside nonsense," said Jon Schaff, a professor of political science at Northern State University in Aberdeen, South Dakota. Winning with Purpose reflects PepsiCos ambition to win sustainably in the marketplace and embed purpose into all aspects of its business. At the same time, PACs representing organizations such as the American Beverage Association, Grocery Manufacturers Association (since renamed the Consumer Brands Association), the National Restaurant Association and the Beer Institute collectively saw contributions plunge nearly 50%. Anheuser-Busch's PAC donated $20,000 to Hillary Clinton in 2016, but records show the beer giant hasn't made any contributions to presidential. 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. A year earlier,companies including Hershey, Mars and Jelly Belly were targetedbecause the National Confectioners Association hosted its annual conference at the Trump National Doral Resort. He joined PepsiCo in 1989 and served as President of Frito-Lay North America from 2009 to 2012. Ramon Laguarta is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. In an investors call, Ramon Laguarta, PepsiCo chairman and CEO, broke down a few of these changes he expects to stick around. This theme is based on the emerging concept. 380 talking about this. Indra Nooyi: The Titan steps down | Business | indiaabroad.com . She is being replaced by Ramon Laguarta who was also elected to the board. He reports to PepsiCo CEO Ramon Laguarta. Ramn Laguarta, premiado con el galardn del Career Award de marketing. Under Nooyi's leadership, PepsiCo has delivered strong results: "Leading PepsiCo has truly been the honor of my lifetime, and I'm incredibly proud of all we have done over the past 12 years to advance the interests not only of shareholders, but all our stakeholders in the communities we serve," said Nooyi. I came away from themmore conscious of the insidious nature of systemic racism andeven more committed to using PepsiCos resources for good. 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A review of contributions by 10 of the largest food and beverage companies by revenue to congressional lawmakers and political action committees, or PACs groups organized to raise and spend money to elect and defeat candidates showed through Sept.21 that donations to Democrats fell 30% to $828,300 while those collected by Republicans declined 52% to $876,700 compared to the 2016 election cycle. Everything to know about Ramon Laguarta, PepsiCo's new CEO. In 2018,Nathan's Famous was threatened with a boycottafter Executive Chairman Howard Lorber held a fundraiser for the president. She will remain as chairman until early 2019. Laguarta was also elected to the company's Board of Directors, effective October 3rd. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. 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 Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. After living in Georgia and Connecticut for several years, I have come to better understand the urgent need for racial and social justice in this nation, and I am committed to using my position as CEO to lead this change. Purposeful leader. Injustice and inequality are problems for us all, and we all must do our part to defeat them. Laguarta has also led attempts to reduce waste by acquiring SodaStream. Ramon Laguarta (born 1963 in Barcelona, Spain) is the chairman and chief executive officer of PepsiCo. During the past few weeks, the senior leadership team and I have been doing a lot more listening than talking. Previously, Laguarta served as Chief Executive Officer, Europe Sub-Saharan Africa, one of PepsiCo's most complex businesses with operations spanning three continents and comprised of developed, developing and emerging markets. Recommended [NEW EVENT] Food Genomics Summit 2023 - Register Now! "I'm incredibly humbled and privileged to be appointed the next CEO of PepsiCo. January 16, 2021 By cbc news network. 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. PURCHASE, N.Y., Aug. 6, 2018 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ('PepsiCo') today announced that its Board of Directors has unanimously e. With Nooyi's departure, the rest of PepsiCo's senior leadership team will remain unchanged. LinkedIn has officially entered its cringe era, and its working. But I am proud of all we've done to position PepsiCo for success, confident that Ramon and his senior leadership team will continue prudently balancing short-term and long-term priorities, and excited for all the great things that are in store for this company. "I also want to thank Indra for her overwhelming support. He and his wife, Maria, are the proud parents of three sons. 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Laguarta was named president of PepsiCo in September 2017. "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors. On average, Mr trades about 6,216 units every 88 days since 2015. (Reuters) - PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a veteran who led the company's fast-growing emerging markets. The promise of our journey remains unfulfilled. "There are a lot of people more than you know that are very,very anxious about that.". As a result, it makes more sense for PACs to hold on to their cash. 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. He also holds a master's degree in International Management from the Thunderbird School of Global Management in the US. Biography of Ramon Luis Laguarta. In addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. Mr has made over 13 trades of the PepsiCo Inc stock since 2015, according to the Form 4 filled with the SEC. Ramon Laguarta Phone Number Found 6 phone numbers: View Ramon's Email & Phone (It's Free) 5 free lookups per month. 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.". 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. E-commerce Perhaps unsurprisingly, e-commerce as a preferred way of shopping topped the list of pandemic-prompted changes that the exec expects as a permanent trend. "Our PAC is not a 'majority'PAC so we strive to give in parity, particularly to party committees.. It also doesn't create waste and may help fight the climate crisis. Several companies bought big into the once-promising segment, but the governmentsdecision not to permit the ingredient in food and beverages has left producers unwilling to invest further. Discover Ramon Laguarta's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. As of 21 October 2022 he still owns at least 310,757 units of PepsiCo Inc stock. PepsiCO CEO Ramon Laguarta attends a session during the World Economic Forum (WEF) annual meeting, on January 24, 2019 in Davos, eastern Switzerland. MST. Powered and implemented by Interactive Data Managed Solutions. More than doubling our spending with Black-owned suppliers, expanding the supplier pipeline through advocacy and outreach, and building supplier capability targeting growth across services, agriculture, sustainable packaging, and operations. "At the same time, Indra has invested for the future, leading the way on corporate sustainability and responsibility, and embedding a sense of purpose in everything the company does. The struggle for equality exists in many forms around the world, from religious freedom, to gender equality, indigenous peoples rights, LGBTQ+ rights, Latino rights in the U.S., and other racial and ethnic discrimination. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world, and 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. 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