PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. 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. Executive Vice President and Chief Human Resources Officer. Marie is currently leading PepsiCos finance transformation effort. 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. Sir Dave currently serves as Non-Executive Chair of Haleon plc and Chairman of XLinks. Jane began her career at Procter & Gamble. Prior to joining Guaranty Trust Bank, Mr. Agbaje served as an auditor at Ernst & Young LLP from 1988 to 1990. He became CEO on October 3, 2018 after his predecessor Indra Nooyi stepped down. 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 Senior Vice President and Chief Information Officer. Commercial Data & Digital capabilities. She will also lead our International Foods Global Group in support of PepsiCos efforts Ronald and his team also partner with PepsiCos Sectors and business units to advance culture, as well as diversity, inclusion and engagement. He serves on the boards of American Express Company and SciClone Pharmaceuticals (Holdings) Limited. 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 began his career with the Singapore government. 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. We would like to show you a description here but the site won't allow us. 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. Dr. Tataranni is currently the global Chief Medical Officer of PepsiCo. While rising through the ranks in GM, she . 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. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories By raising a team's morale and self-confidence, the team can then align itself to an overall vision or common purpose. 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. President of various family-owned entities; Former Chairman and Chief Executive Officer of PepsiAmericas, Inc. Robert C. Pohlad has served since 1987 as President of Pohlad Holdings, a company of various family-owned entities which operate multiple businesses across a number of industries, including commercial real estate, automotive sales, automation and robotic engineering, and sports and entertainment. Additionally, he is a member of the Federal Reserve Bank of New York Second District Advisory Council and the CNBC Global CFO Council. PURCHASE, N.Y. Ramon Laguarta has been elected chairman of the board of PepsiCo, Inc., effective Feb. 1. 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 products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Laguarta will become the sixth CEO in PepsiCo's 53-year history. Laguarta, who starts on Oct. 3, will be tasked with managing the company's response as consumer tastes move away from sugary drinks. He also serves as chair of the board of Numab Therapeutics AG, a biotechnology company, and on the boards of several private companies and non-profit organizations. focus includes creating a world-class consumer-focused franchise beverage system that strengthens the network and builds capabilities to drive advantage for today and tomorrow in a franchise-centric organization. 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. Wern-Yuen Tan is the Chief Executive Officer of PepsiCo Asia Pacific, Australia, New Zealand and China (APAC), leading the companys food and beverage businesses for the Sector. 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. Most recently, Eugene served as Chief Executive Officer, Sub-Saharan Africa in 2019 and as Executive Vice President of Global Categories & Franchise Management from 2015 to 2019, where he was responsible for the strategic direction of PepsiCos global categories and brands as well as PepsiCos global commercial functions, during which he oversaw a period of strong growth. transformation challenges. Ram has won numerous product innovation and advertising industry awards and serves on the Board of Directors for the Tractor Supply Company. Endurance 18. During his tenure at Vodafone, Ronald supported the transition of Vodafone from a mobile centric company to a total communications provider. From 2013 to 2015, he served as Executive Vice President at NBCUniversal, where he oversaw NBCUniversal International and NBCUniversal Digital Enterprises. Our business in the region earned $8.1 billion dollars in annual net revenue in 2021 and supports over 77,000 direct "Jim's experience running our Beyond the Bottle initiatives and our SodaStream businessboth of which operate at the nexus of our commercial and sustainability agendasmake him the ideal leader for our sustainability efforts going forward," PepsiCo Chairman and CEO Ramon Laguarta said. He also delivered the Trade Facilitation Agreement, the expansion of the Information Technology Agreement, and decisions on food security, in addition to eliminating agricultural export subsidies, and enabling more goods and services exports from least developed countries. of our consumers, customers, and associates. Nooyi will step down on October 3rd after 24 years with the company, the last 12 as CEO. President, PepsiCo International Beverages Franchise. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 2018. David joined PepsiCo in 2011 based in Dubai and has served in various senior legal roles spanning the globe. . He also served at Sandoz Pharmaceuticals Corporation from 1988 to 1992. Fink previously served as the Chief Operating Officer for PepsiCo North America Foodservice. 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. Prior to this, he worked for nine years for AT&T in Human Resources, based in the Netherlands and Poland. 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. of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. 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. 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 . She was instrumental in accelerating PepsiCo Foods North Americas commercial talent agenda, while also advancing a pipeline of diverse talent. and consumers. 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, Global Chief Diversity, Equity and Inclusion Officer. Executive Vice President, General Counsel and Corporate Secretary. In this capacity he oversaw PepsiCo's Global Category Groups; its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions; and The PepsiCoFoundation. He lives in Minnetonka, Minnesota, with his wife and two children. Before that, he was Brazil's Ambassador to the WTO, and he has held several posts in the Brazilian Foreign Ministry, including roles overseeing Economic and Technological Affairs and Dispute Settlement, where he was Brazils chief litigator in WTO disputes. Prior to joining PepsiCo, he worked at Unilever in various senior R&D positions across its home and personal care portfolio. from Thunderbird School of Global Management. 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 2002, he became Executive Vice President, North America and Europe. He assumed the role in September 2020. 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. Executive Vice President and Chief Operations Officer. Cohen holds an MBA degree from Northwestern J.L. To help achieve these aims, Ramon is positioning the company to become Faster, Stronger, and Better: Faster by being more consumer-centric and investing to accelerate topline growth and winning in the marketplace; Stronger by transforming its capabilities and culture, with a focus on digitalizing the company, embracing new ways of working, and developing talent; and Better by continuing to integrate Purpose into its business strategy and brands, while advancing social equity in the company and itscommunities. He also holds a degree on diplomacy from the 'Instituto Rio Branco', the graduate school run by the Brazilian Ministry of Foreign Relations. From 2015 to 2020, Mr. Conde served as Chairman of NBCUniversal International Group and NBCUniversal Telemundo Enterprises. Jane Wakely is Executive Vice President, Chief Consumer and Marketing Officer and Chief Growth Officer, International Foods at PepsiCo. 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. in Economics from the College of the Holy Cross, where she served as a member of the Board of Trustees. What could lie ahead for the food and beverage giant? Group Chief Executive Officer, Guaranty Trust Holding Company Plc. Wern-Yuen received his bachelors degree in Economics and Management from the University of Oxford and completed his masters degree in Finance from the University of Cambridge. While at Bluestem he co-founded the Zenalytics Lab, which created significant innovations in credit and marketing decisions using machine learning modeling techniques for predictive analytics. Over the past two decades, Eugene has been harnessing the power of diverse teams to create high-performing businesses and some of the worlds most resonate brands. She was also recognized as Advertiser of the Year by Spikes Asia in 2021 for the Lions Share. Personal highlights include winning the inaugural Grand Prix in Dr. Tataranni serves on the Boards of several for-profit and non-profit organizations. He and his wife, Maria, are the proud parents of three sons. He was born in 1963. 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. He and his wife, Maria, are the proud parents of three sons. 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. Taking decisions 11. 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. Executive Vice President and Chief Science Officer. 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.