After Indra Nooyi stepped down as CEO, PepsiCo named Ramon Laguarta to the position on October 3, 2018, making him the first Spaniard to lead an American multinational food and beverage company. Since that time, he has continued to build on the company’s success while working diligently with the entire team and focusing on the future of our business.
The chairman & CEO of PepsiCo Inc currently earns $7,448,462 in total compensation. His most recent trade was the sale of 5,900 shares of PepsiCo Inc stock on 21 October 2022, which brings his net worth to around $80 Million dollars. In his 24 year career journey with the company, he has held many key leadership roles for different regions.
Prior to joining PepsiCo, he worked at Chupa Chups a Spain based candy company famous for its lollipops. He joined PepsiCo in 1996 and took on a variety of sales, marketing and commercial roles for the company’s European business. Over the course of his career, he rose through the ranks and eventually became the CEO of the Europe Sub-Saharan Africa (ESSA) region in 2014.
As a leader of the ESSA business, he helped drive significant growth for the region and led a successful acquisition in Russia. During his tenure, the business also made significant advances in sustainability and corporate social responsibility. In addition, he expanded the company’s beverage portfolio in Europe by introducing a sugar-free version of Pepsi called Pepsi Max, which is one of the company’s fastest growing products.
Besides his work as a leader of the company, Ramon has also been actively involved in various philanthropic activities. He has a long list of charitable contributions and is also a board member of several companies. He has a strong focus on education and is passionate about improving the lives of people in his community. In particular, he has made a commitment to support students from low-income households who are pursuing trade/certificate and academic two-year degrees through PepsiCo’s Future Scholars Program. This will enable them to build a strong foundation for their future careers.
In addition, he is a strong advocate for LGBT rights and has donated to numerous LGBT organizations. In his free time, he enjoys playing golf and spending quality time with his family.
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He has an MBA from ESADE Business School in Barcelona and a Master’s in International Management from Thunderbird School of Global Management. Ramon resides in Purchase, New York with his wife Maria and three children. He is a sports fan and supports the New Jersey Devils, Boston Celtics, New York Yankees and Manchester United. He has also been involved in a number of civic initiatives in New Jersey. Ramon is a board member of the Council on Foreign Relations and a member of the World Economic Forum’s Board of Stewards for the Food Systems Initiative. He is also a member of the Latino Center for Leadership in the Americas and The Global Leadership Institute at New York University.