Ramon Laguarta, 54, will succeed Indra Nooyi as CEO of the beverage and snack giant in October, the company announced Monday. Ramon L Laguarta, Pepsico Inc: Profile and Biography 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. Executive Vice President, General Counsel and Corporate Secretary. 2 [4] He is the sixth CEO in the company's history and the first Spanish CEO of a large American multinational company. Vince Jones is the eCommerce Head 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Of this total $1,542,308 was received as a salary, $10,222,640 was received as a bonus, $0 was received in stock options, $8,745,056 was awarded as stock and $581,364 came from other types of compensation. Leadership you recognize and respect (91 percent) and that which communicates directly and transparently (93 percent . Under Ramon's leadership, the company is also adopting new leadership behaviors that are focused on driving high performance and building competitive advantage. Ren joined PepsiCo in December 2010. He has also served as a member of the GMAs Scientific and Regulatory Affairs Executive Committee. 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. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as . Ramon Luis Laguarta - Biography - MarketScreener.com Leadership - PepsicoUpgrade She will remain Chairman until early 2019 to ensure a smooth and seamless transition. foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. 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 .

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