Transformational Leadership - an overview | ScienceDirect Topics This information is according to proxy statements filed for the . 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 addition, he makes $7,448,462 as Chairman & CEO at PepsiCo Inc. Nooyi. Marie also annually leads a PepsiCo-sponsored Continuing Professional Education program for 300 consumer product company finance professionals. Vince has a BS in Business Administration from the University of Arkansas and an MBA from the Stanford Graduate School of Business. 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. Roberto Azevdo is Executive Vice President, Chief Corporate Affairs Officer and Chairman of Board of Directors, PepsiCo Foundation at PepsiCo. Fink began her career at The E&J Gallo Winery. As Chairman of the Board and Chief Executive Officer at PEPSICO INC, Ramon Laguarta made $21,091,368 in total compensation. 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+). Before coming to PepsiCo in 2017, Vince built deep eCommerce domain expertise and general management experience. Mr. Walker also currently chairs the U.S. Impact Investing Alliance Advisory Board and is a member of the Council on Foreign Relations and the American Academy of Arts and Sciences. Executive Vice President, Chief Corporate Affairs Officer and Chairman of Board of Directors, PepsiCo Foundation. Cohen first joined PepsiCo in 2002 and led the integration management office for PepsiCo transformation programs. Everything to know about Ramon Laguarta, PepsiCo's new CEO 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. Be supportive 4. She also leads company-wide transformationensuring that our scale is leveraged as we focus on accelerating profitable growth and identifying areas of cost efficiency and optimizationin addition to overseeing Data Products, Platforms, and Talent. 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. Creativity 17. 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. Since joining PepsiCo, Fink has served in diverse leadership roles, developing broad business and general management expertise spanning foodservice, retail, e-commerce, strategic customer management, marketing, operations, franchise management and business development. Former Chairman and Chief Executive Officer, Novartis AG. 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. In this role, he was responsible for Vodafones Human Resource Management function, as well as health and safety, property and real estate, and internal communications functions. Over the past three decades, she has operated globally and in highly complex product categories, brands and businesses across a variety of growth, turnaround, and In this capacity he oversaw PepsiCo's Global Category Groups; its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions; and The PepsiCoFoundation. Executive Vice President, General Counsel and Corporate Secretary. Ltd., a Singapore-based investment company, and serves as a supervisory board member of Bayer AG and a board member of Linde plc. 1137 2 As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. Ramon spent his time meeting with our leadership team, customers and partners," PepsiCo India spokesperson was quoted as saying by the newspaper. In this role, Mr. Conde has oversight of NBC News, MSNBC and CNBC, including editorial and business operations for the television and digital properties. of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Silviu Popovici is the Chief Executive Officer of PepsiCo Europe. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Reward for performance 10. Communicate effectively 5. Nooyi, who spent the last 12 of her 24 years with the company in the top job, will be succeeded as CEO by PepsiCo's president, Ramon Laguarta. He is the sixth CEO in the company's history, and the first Spanish CEO of a large American multinational company. He lives in Minnetonka, Minnesota, with his wife and two children. Now, Ramon Laguarta is all set to become PepsiCo's sixth CEO in the company's 53-year-old history. He and his wife, Maria, are the proud parents of three sons. Under Ronalds leadership, Vodafone was named a Top-50 employer for women by the Times (UK) in 2016 and 2017 and a Top LGBT Global Employer by Stonewall in 2017 and 2018. 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. PepsiCo's product portfolio includes a wide range of enjoyable Eugene joined PepsiCo from Friesland-Campina in 1995. Michelle Lodge Aug 6, 2018 4:33 PM EDT Ramon Laguarta is a. Cohen holds an MBA degree from Northwestern J.L. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories 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. She is also the New York Mosaic lead, which is PepsiCos African American Network. Mr. Andrew started his career at the Boston Consulting Group (BCG), leaving as a senior partner after a distinguished 25-year career. PepsiCo, Inc. today announced that its Board of Directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as Chief Executive Officer. 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. Most importantly, Jane is a proud mother of a daughter and son who have reawakened her own creativity and purpose to create a bright future. In this role, Dr. Laguarta, a 22-year veteran of PepsiCo, oversaw global operations, corporate strategy, public policy and government affairs in his role as president. In this role, he built strong strategic partnership and delivered significant retail sales and share growth in Walmart. 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. 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. In this role, Cohen leads PepsiCos IT function across all business units. Prior to Univision, Mr. Conde served as the White House Fellow for Secretary of State Colin L. Powell from 2002 to 2003. He was born in 1963. Follow Us. 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. 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. Ramon Laguarta - Chairman & Chief Executive.. - PepsiCo | ZoomInfo Jane oversees PepsiCos Global Consumer organization across our brand portfolio, which includes R&D, Marketing, Insights, Design and Category Strategy. Previously, Mr. Pohlad held several other executive positions at bottling companies. Prior to the Ford Foundation, Mr. Walker joined the Rockefeller Foundation, a philanthropic organization, in 2002 and served as a Vice President responsible for foundation initiatives from 2005 to 2010. Marie joined Altria (then Philip Morris) in 1992. Salary: $1,542,308: Bonus: $0: Value of Stock Awards: $8,745,056: Value of Option Awards: $0: Non-Equity Incentive Plan Compensation: $10,222,640: Change in Pension . Ren has more than 20 years of R&D experience in the CPG industry. Ramon Laguarta Director. manufacturing and distribution network and establish agile fulfillment models to provide consumers and customers world-class service in an Omni-channel marketplace and launch differentiated technology for best-in-class planning and execution. 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 L Laguarta, Pepsico Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology, innovation and. Prior to that, Eugene led the companys global tea joint venture with Unilever, which operates in roughly 120 countries worldwide, following more than a decade leading PepsiCo businesses in Europe. PDF Ramon Laguarta - PepsiCo Silviu holds a Master's degree in Physics and an MBA from the London Business School. 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 serving as CEO of ESSA, Ramon held a variety of positions of increasing responsibility in Europe, including leading the acquisition and successful integration of the companys dairy business in Russia. in Economics from the College of the Holy Cross, where she served as a member of the Board of Trustees. Prior to joining PepsiCo, Azevdo worked as a career diplomat, most recently serving as Director-General of the World Trade Organization (WTO) since 2013. Ramon Laguarta (age 58) is from Barcelona, Spain. She was also recognized as Advertiser of the Year by Spikes Asia in 2021 for the Lions Share. Earlier in his tenure at PepsiCo, Steven led the companys global Walmart business, managing the PepsiCo portfolio of products across all aspects of the Walmart Business worldwide, including: Walmart U.S., Sams Club, and Walmart International Divisions. During his tenure, Wern-Yuen led Walmart China through a transformation to become an industry pioneer in omnichannel innovation and retail digitization. 3 Initiatives From PepsiCo - CSP Daily News He will become the global giant's sixth CEO. This article is more than 2 years old. 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 has three sons from his wife Maria. PepsiCo generated Between 1999 and 2004 he was Head of the Obesity, Diabetes and Energy Metabolism Unit at the Phoenix Epidemiology and Clinical Research Branch of the National Institutes of Health in the U.S. and Director of the Clinical Research Center at the same institution from 2000 through 2004. 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. 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. Ramon Laguarta - Wikipedia Tina holds a Master of Science in Industrial and Labor Relations degree and a Bachelor of Business Administration in International Studies/Spanish degree from West Virginia University (WVU), and participates in the WVU Practicum series in addition to serving as an alumni mentor. "When you take over a leadership post, start searching to find your natural successor." John Welsh Leadership - PepsicoUpgrade Ramon Laguarta (born 1963 [2]) is a Spanish businessman who is the chairman and chief executive officer of PepsiCo. 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. Investing $5 million to launch a Community Leader Fellowship program for Black nonprofit CEOs. 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. Ramon Laguarta Elected CEO of PepsiCo - CStore Decisions Before joining PepsiCo in 1996, he worked for Chupa Chups, S.A., a Spanish leading confectionery company, where he held a number of international roles in Asia, Europe, the Middle East, and the UnitedStates. portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. He previously was Senior Vice President and General Manager of PepsiCos global Walmart Customer Team and also served as Frito-Lay North Americas (FLNA) Senior Vice President and Jane began her career at Procter & Gamble. 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. 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. He also leads PepsiCo's Life Sciences strategy and the R&D Fellows Program as its Executive Sponsor. Marie is a YWCA New York City Academy of Women Inductee (2010). Dr. Brown also currently serves on the boards of Atlassian Corporation plc, an enterprise software company, DoorDash Inc., an on-demand prepared food delivery service, and several non-profit organizations (including Code for America, the Center for Advanced Study in the Behavioral Sciences at Stanford University, and the John S. and James L. Knight Foundation). He served as Director and President of the Whitehead Institute from 2005 to 2020. Dr. Vasella is currently working as a coach to senior executives. Prior to joining PepsiCo, David was the General Counsel for Asia Pacific and Middle East with Danone S.A. Ian Cook served as a director of Colgate-Palmolive Company, a multinational consumer products company, from 2007 to 2020, as its Chairman from 2009 to 2019 and as its Executive Chairman from 2019 until his retirement in 2020. He has lived in Australia, New Zealand, China and Dubai and is now based in Purchase, NY. Prior to his current role, he held a variety of leadership roles across the R&D function, including oversight for PepsiCos research program worldwide and serving as Chief Operating Officer for the R&D global team, overseeing Food Safety, Regulatory and Scientific Affairs, and Nutrition. Sir Dave currently serves as Non-Executive Chair of Haleon plc and Chairman of XLinks. Athina Kanioura is Executive Vice President, Chief Strategy and Transformation Officer at PepsiCo. Tina is a 20-year PepsiCo veteran. 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. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as . Africa, the North America juice and the Nordic businesses. Meet PepsiCo's Next CEO: Ramon Laguarta - WSJ PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Previously, Anne was Senior Vice President and Chief Customer Officer for PepsiCo Sales, leading strategic customer management for all retail channels in the U.S. She also led the companys Global Sales Leadership Council. Dr. Tataranni serves on the Boards of several for-profit and non-profit organizations. As the CEO of PepsiCo Foods North America, Steven Williams oversees all aspects of PepsiCos nearly $21 billion snack and convenient foods business in North America, including Frito-Lay North America (FLNA) and Quaker Foods North America (QFNA), with a diversified portfolio of iconic brands, including: Lays, Doritos, Cheetos, Tostitos, Ruffles, Fritos, Stacys Pita Chips, SunChips and Quaker Oats. productivity, and sustainability, and senior vice president of Supply Chain for PFNA. PepsiCo Appoints Ramon Laguarta Chairman | Nasdaq Prior to this assignment, he served as President, Europe Sub-Saharan Africa from September 2017 to March 2019 when he was named Chief Executive Officer, Europe Sub-Saharan Africa. Leadership. 2 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 joined PepsiCo in December 2010. Paula is committed to generate inclusive growth in Latin America and to contribute to the well-being of the communities in which PepsiCo operates. PepsiCo's Leadership Handoff to Laguarta Unlikely to Make Waves Laguarta hopes the company can grow at 5% vs. 2% to 2.5%. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. He will succeed Indra K. Nooyi, who announced last fall her intent to step down from . As head of R&D, Ren is also responsible for PepsiCos quality and food safety and regulatory affairs efforts. In this role, he was responsible for shaping the companys corporate strategy, working closely with business units to deliver top-line growth, driving productivity to enable this growth, and investing in new areas of disruptive innovation. He had leadership accountability for all elements of strategy and innovation, as well as sustainability and the company's digital transformation. PepsiCo Awards | Comparably 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. PepsiCo's Incoming CEO Faces Key Issues - RealMoney Did Mary Barra's Inclusive Leadership Style Propel Her to The Top? Ramon is a native of Barcelona and holds an MBA from ESADE Business School in Spain and a Masters in International Management (M.M.) Most recently, David was SVP, Deputy General Counsel and Global Chief Compliance and Ethics Officer, overseeing various central global legal teams as well as the companys global Compliance and Ethics Program and function. Executive Vice President, Chief Sustainability Officer. Ms. Gass previously served as Chief Executive Officer and a director of Kohls Corporation, a leading omnichannel retailer, from 2018 to 2022. . She serves on the boards of Amazon.com, Inc. and MSD Acquisition Corp. Ms. Cooper also serves on the board of directors of several non-profit organizations, including the Museum of Modern Art, the Smithsonian National Museum of African American History and Culture and Mount Sinai Hospital. 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. Coercive and pace-setting styles of leadership are two styles that decrease employee engagement and therefore have a negative impact. These behaviors include: be consumer-centric; act as owners; focus and get things done fast; voice opinions . He previously held senior leadership roles at Wimm-Bill-Dann, running both their beverage and dairy businesses. Ramon Laguarta Net Worth, Biography, and Insider Trading A 12-year PepsiCo veteran, Bjrn, took on his most recent role in January 2022, bringing PepsiCo's iconic global beverage brands and innovations into a closer, more effective collaboration with the franchise-owned bottling operations. Fink previously served as the Chief Operating Officer for PepsiCo North America Foodservice. 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. Laguarta has been president since. What could lie ahead for the food and beverage giant? Ram has won numerous product innovation and advertising industry awards and serves on the Board of Directors for the Tractor Supply Company. 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. PepsiCo Executive Officers subject to Section 16 of the Securities Exchange Act of 1934. Still, PepsiCo CEO Ramon Laguarta on Thursday told analysts that it's too early to tell if new consumers are trying Rockstar's energy drinks. Azevdo graduated from the University of Brasilia with a degree in Electrical Engineering. Based on 804 ratings, Ramon . Executive Vice President and Chief Human Resources Officer. Through a global network of associates, IT focuses on delivering and supporting capabilities that improve business processes, enable associates to connect and collaborate more easily, collect and mine data for analytical insights, and enhance performance across all aspects of PepsiCos value chain. 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. He also serves as a board member for the joint venture partnership with Unilever. PepsiCo Inc. 's board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra K. Nooyi, 62, as the company's CEO. foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Previously, Mr. Andrew served as EVP and chief strategy and innovation officer for Royal Philips N.V based in Amsterdam where he played a central role in the transformation of Philips from a conglomerate to a focused and high-performing health tech company. 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. 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. 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. 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. 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. 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. 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. 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Colleagues View in org chart Peers Chairman & CEO Reports Jim Andrew Steven joined PepsiCo in 2001 as part of PepsiCos acquisition of the Quaker Oats Company, which he joined in 1997, and has held leadership positions of increased responsibility across PepsiCo in sales, general management, customer management, sales planning and shopper marketing, gaining deep experience and building a proven track record of strong results. Kirk and his wife, Diane, are the proud parents of two children. David Flavell is Executive Vice President, General Counsel and Corporate Secretary of PepsiCo. Personal highlights include winning the inaugural Grand Prix in He previously served as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc from 2011 to 2021. 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. 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. 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. Married with two sets of twins, Bjrn speaks five languages, has lived in eight countries, and currently resides in Dublin, Ireland. Sir Dave also serves on the boards of several non-profit and charitable organizations, including as Chair of World Wildlife Fund UK and as a trustee of Leverhulme Trust, a UK charitable foundation. in the Southern Cone. and consumers. Commercial Data & Digital capabilities. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo Announces Senior Leadership Appointments Executive Vice President and Chief Science Officer. Gregg joined PepsiCo in 1990 after graduating from Texas A&M University with a Bachelor of Science degree in Industrial Distribution.
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