In addition to his years leading transformation in the retail industry, Wern-Yuen had a successful period in food service as Managing Director for McDonalds Taiwan, demonstrating he knows our business from the customer side, and, early in his career, spent time as a Boston Consulting Group consultant, advising retail and consumer clients on growth strategy, innovation, and turnarounds. Marie is currently leading PepsiCos finance transformation effort. From 2013 to 2015, he served as Executive Vice President at NBCUniversal, where he oversaw NBCUniversal International and NBCUniversal Digital Enterprises. 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. 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. 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. 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. Mr. Andrew earned his Bachelor of Science in Accountancy from the University of Illinois and his MBA from the Harvard Graduate School of Business. 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. Executive Vice President, General Counsel and Corporate Secretary. His areas of focus include solidifying PepsiCos engagement with national and international governments, regulators, international organizations, and non-governmental stakeholders, all of which is informed by his political skills and technical knowledge of the complex social, political, and regulatory environments impacting companies like PepsiCo. Chief Executive Officer, Africa, Middle East, South Asia. He consistently demonstrates the ability to work across developed, developing, and emerging geographies to meet the needs of customers He joined Guaranty Trust Bank as a pioneer staff member in 1991 and held positions of increasing responsibility, including as Executive Director from 2000 to 2002, Deputy Managing Director from 2002 to 2011 and as Acting Managing Director in 2011. He has lived in the UK, The Netherlands, and Thailand and is currently based in Purchase, NY. 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 also an active a member of the New York State Council of Business Leaders in Support of Access to Justice, the Association of General Counsel and the World Economic Forums Global Future Council on Transparency and Anti-Corruption. Laguarta, who starts on Oct. 3, will be tasked with managing the company's response as consumer tastes move away from sugary drinks. Prior to this, he worked for nine years for AT&T in Human Resources, based in the Netherlands and Poland. He is the 6th CEO in the company. Cohen holds an MBA degree from Northwestern J.L. Ramon, a 25-year PepsiCo veteran, has served as CEO since 2018, and Chairman of the Board since 2019. He had leadership accountability for all elements of strategy and innovation, as well as sustainability and the company's digital transformation. foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. He has authored more than 100 original manuscripts, in addition to contributing to numerous review articles and book chapters. 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 She also currently serves on the board of T. Rowe Price Group, Inc., a global investment management organization, Motive Capital Corp II, a special purpose acquisition company, and the independent audit quality committee of Ernst & Young LLP, the board of advisors of the Columbia University Mailman School of Public Health and the board of directors of the Westchester Land Trust. He also served as a Senior Advisor at Lazard Ltd. from 2015 until 2018. PEP +1.45% ended a failed joint venture to sell yogurt in the U.S.: Steven Williams is the Chief Executive Officer of PepsiCo Foods North America. He has three sons from his wife Maria. Ren joined PepsiCo in December 2010. Investing $5 million to launch a Community Leader Fellowship program for Black nonprofit CEOs. She will also lead our International Foods Global Group in support of PepsiCos efforts C-levels need social media leadership skills - TechHQ Marie is a certified public accountant and has a B.B.A. Indra Nooyi to step down as PepsiCo CEO, Ramon Laguarta to succeed Nooyi, 62, who has been with the company for 24 years, will continue as chairman of the board until early 2019. As the CEO of PepsiCo, Inc., Mr. Laguarta earned a total compensation package of $25,506,607.00 in 2021. In this role, Mr. Conde has oversight of NBC News, MSNBC and CNBC, including editorial and business operations for the television and digital properties. 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. PepsiCo - Org chart | The Org 1137 2 We will provide grants to participants' organizations, executive education, and connections to PepsiCo. PepsiCo Inc.'s board of directors has unanimously elected Ramon Laguarta, 54, to succeed Indra Nooyi, 62, as CEO. While in this position Kirk gave PepsiCo Global Foodservice an important voice in the industry through his involvement with the World Food Programme, Restaurant Leadership Conference and National Restaurant Association. David Flavell is Executive Vice President, General Counsel and Corporate Secretary of PepsiCo. He previously served as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc from 2011 to 2021. pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. He has held a number of executive and general management roles in his 22 years at PepsiCo. Watch CNBC's full discussion with Pepsico CEO Ramon LaGuarta As the chairman and CEO, Ramon has been turning over the company and pushing towards accelerated growth and embracing a new corporate mission. Personal highlights include winning the inaugural Grand Prix in Ms. Gass currently serves on the boards of the Retail Industry Leaders Association and the National Retail Federation. Mr. Andrew joined PepsiCo in 2016 and currently leads pep+, PepsiCos holistic transformation agenda with sustainability at the center, including the strategic framework, governance, and integrated plans and goals for all of PepsiCo. PepsiCo's product portfolio includes a wide range of enjoyable Tina Bigalke is PepsiCos Global Chief Diversity and Engagement Officer. Tina is a previous board member of Court Appointed Special Advocates (CASA) of Collin County, Texas. PURCHASE, N.Y., Jan. 10, 2019 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that its Board of Directors has unanimously elected Ramon Laguarta as the company's Chairman of the. Vice Chairman and Chief Financial Officer. She is an excellent communicator. Coercive and pace-setting styles of leadership are two styles that decrease employee engagement and therefore have a negative impact. Kirk has deep experience and a proven track record of delivering strong results, having worked in 11 domestic and international locations, holding numerous roles across sales, operations, customer marketing, distribution and channel development. He began his career with the Singapore government. Previously as Senior Vice President of PepsiCos North American Supply Chain, he drove the transformation agenda across the beverages and foods supply chain in North America. Leadership. David serves as a member of the board for the PepsiCo Foundation and the Pro Bono Partnership. He went on to serve as Vice president of IT transformation programs, VP of North American legacy solutions, and later was SVP of Global Business Solutions, where he oversaw the deployment and support of several global applications including ERP, integrated supply chain planning and warehouse management solutions. "When you take over a leadership post, start searching to find your natural successor." John Welsh PEPSICO INC Executive Salaries & Other Compensation | Salary.com Former Executive Vice President and Global Head, Human Capital Management, The Goldman Sachs Group, Inc. Edith W. Cooper spent over two decades of her career with The Goldman Sachs Group, Inc., most recently serving as Executive Vice President and Global Head, Human Capital Management from 2011 to 2017 and Managing Director and Global Head, Human Capital Management from 2008 to 2011. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. 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. 3 Initiatives From PepsiCo. Based on 804 ratings, Ramon . He was born in 1963. Executive Vice President and Chief Science Officer. Mr. Agbaje also currently serves as a director of MasterCard Advisory Board Middle East and Africa. PepsiCo's Incoming CEO Faces Key Issues - RealMoney Net income attributable to PepsiCo in the year ended Dec. 29, 2018, was $12,515 million, equal to $8.78 per share on the common stock, up 158% from $4,857 million, or $3.38 per share, in the . Marie led discussions on various issues with the Audit Committee of the Board of Directors of Altria. President, PepsiCo International Beverages Franchise. A Resolution for Scalable Solutions to Climate Change - LinkedIn 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. Our business strategy and affairs are overseen by our board of directors comprised of one executive director and 13 independent directors. Jane oversees PepsiCos Global Consumer organization across our brand portfolio, which includes R&D, Marketing, Insights, Design and Category Strategy. Eugene Willemsen is Chief Executive Officer, Africa, Middle East, South Asia. Creativity 17. Former Chairman and Chief Executive Officer, Novartis AG. Ramon Laguarta Director. 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. Cohen first joined PepsiCo in 2002 and led the integration management office for PepsiCo transformation programs. PepsiCo generated PepsiCo Elects CEO Ramon Laguarta As Chairman of the Board - PR Newswire She previously served as Kohls Chief Executive Officer-elect and Chief Merchandising & Customer Officer from 2017 to 2018, Chief Merchandising & Customer Officer from 2015 to 2017, and Chief Customer Officer from 2013 to 2015. He is the sixth person to take the responsibility of CEO of the company as his predecessor Indra Nooyi stepped down the position on October 3, 2018. billion each in estimated annual retail sales. Chief Medical Officer and Senior Vice President, Life Sciences. Before that, he spent nine years at PepsiCo in various senior human resources roles, including assignments in Switzerland, Spain, South Africa, the UK and Poland. Ramon is a native of Barcelona and holds an MBA from ESADE Business School in Spain and a Master's in International Management (M&M) from Thunderbird School of Global Management. PepsiCo's product Hugh holds a B.S. He also currently serves as the Co-Chair of the World Economic Forums Board of Stewards for the Food Systems Initiative. Ramon Laguarta took away an important lesson in 2015 when PepsiCo Inc. ended a failed joint venture to sell yogurt in the U.S.: You need to go small before you go big. He earned accolades for his work in fostering an ethical and inclusive culture and advancing best practices in diversity and engagement. 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. Nooyi's successor, for example, is Ramon Laguarta, a 22-year veteran of Pepsico. 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. During his tenure, the WTO expanded its membership with the inclusion of half a dozen new members and worked to improve the service the WTO provided to members. Under Nooyi, PepsiCo saw strong growth with its net revenue growing from $35bn in 2006 to. 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. Ms. Gass previously served as Chief Executive Officer and a director of Kohls Corporation, a leading omnichannel retailer, from 2018 to 2022. In 2020, she received the Exceptional Women of Excellence award granted by the Women Economic Forum which recognizes the achievements and leadership of outstanding women in different areas of human endeavor, celebrating diversity and equity. Prior to joining PepsiCo, David was the General Counsel for Asia Pacific and Middle East with Danone S.A. Dr. Tataranni serves on the Boards of several for-profit and non-profit organizations. Prior to that, Marie was a Senior Manager at Coopers & Lybrand in the New York office, where her clients included Goldman Sachs and Altria. Communicate effectively 5. Among her accolades, she was appointed to the Board of Director of The Home Depot in 2022. she has been included in Forbes' global 100 Most Powerful Women list since 2019. 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. Dr. Tataranni is an avid researcher who has published and lectured extensively at national and international meetings on obesity, diabetes, and their cardio metabolic complications. From 2009 to 2013, Mr. Conde served as President of Univision Networks, a leading American media company with a portfolio of Spanish language television networks, radio stations and digital platforms. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lays, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. CEO of PepsiCo, a global food and beverage leader with 23 brands generating more than $1 billion each in annual retail sales. Ren has more than 20 years of R&D experience in the CPG industry. Kellogg Graduate School of Management and a bachelors degree in commerce from DePaul University. LEADERSHIP TERM PAPER by HANNAH MARIA SAJEEV - Academia.edu In this role, Dr. "I would say it's too early to recall whether we. He is on the Board of Directors at Visa, Inc. and US-China Business Council. 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 . Taking decisions 11. These behaviors include: be consumer-centric; act as owners; focus and get things done fast; voice opinions . She is co-author of three books on women empowerment and the importance of closing the gender gap in leadership positions: El Poder de Poder. Optimism and focus 15. and consumers. Motivating 9. 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. around the world. PepsiCo Starts 2021 Off Right | The Motley Fool In that role, he successfully transformed ESSAs beverage portfolio, developed the companys juice business, and advanced the companys sustainabilitymission. Nooyi will step down on Oct. 3 after 24 years with the company, the last 12 as . Meet PepsiCo's Next CEO: Ramon Laguarta - Hispanic Network Magazine in accounting from Pace University. Ms. Dublon previously held numerous positions at JPMorgan Chase and its predecessor companies, including corporate treasurer, managing director of the financial institutions division and head of asset liability management. 3. 2018. Professional awards presented to Dr. Tataranni include the NIH Fellowship Award for Research Excellence (FARE) in 1998 and the North American Association for the Study of Obesity (NAASO)-Lilly Scientific Achievement Award in 2004. Anne also serves on the Board of Directors for Dicks Sporting Goods. 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.
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