Ramon Laguarta Net Worth, Salary, Education, Wife and Family Details

Ramon Laguarta is the Chief Executive Officer (CEO) and Chairman of the Board of Directors at PepsiCo. As a top leader of one of the world’s leading FMCG brands, Ramon’s leadership extends over a diverse portfolio of beverage and snack brands that are household names across the globe, including Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream.

With a solid 25-year of service at PepsiCo, Ramon has been steering the company as its CEO since 2018 and took on the post of Chairman of the Board in 2019. Laguarta’s leadership style has been instrumental in charting a new course for the company, driving it towards a path of accelerated growth with his forward-thinking strategies.

If you’re curious to learn more about this influential leader and are keen to uncover the secrets behind his success that have made him one of the wealthiest CEOs globally, then you’re in the right place. Let’s get started!

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Ramon Laguarta Education and Early Life

Ramon Laguarta was born in Barcelona, Spain, in 1963, making him 61 years old right now. While much information about his parents is not available, but there’s one thing to note Laguarta is an American business executive of Spanish descent. In fact, he is the first Spanish CEO of PepsiCo. 

Talking about Ramon Laguarta’s education, he completed his bachelor’s and master’s in business administration from the ESADE Business School in Barcelona in 1985. After that, he was enrolled to the Thunderbird School of Global Management to get a master’s degree in international management. 

Ramon Laguarta’s Career Timeline and Growth

Ramon Laguarta started his career with Chupa Chups, a renowned Spanish confectionery company famous for its lollipops. In January 1996, he joined PepsiCo. His initial role was within the European division of the company, and by 2014, he ascended to the position of CEO for the entire Europe and Sub-Saharan Africa (ESSA) sector.

During his tenure in Europe, Laguarta played a pivotal role in the 2010 acquisition of the Russian dairy and juice company Wimm-Bill-Dann. This acquisition, valued at $5.4 billion, is the company’s second-largest, following the purchase of Quaker Oats in 2001.

In September 2017, Laguarta was appointed as the president of PepsiCo. In this role, he was responsible for overseeing PepsiCo’s Global Category Groups, its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions. This promotion led him to relocate to the United States.

On 6 August 2018, the same day Indra Nooyi announced her departure, Laguarta was unanimously elected as PepsiCo’s next CEO. He officially assumed the role on 3 October 2018 and was appointed Chairman of the Board of Directors on 1 February 2019.

Under Laguarta’s leadership, PepsiCo is channeling its efforts and objectives toward agriculture, water conservation, plastic reduction, product innovation, climate change mitigation, and human rights.

Laguarta is a member of the PepsiCo Board of Directors and a director of Visa Inc. He is also co-chair of the World Economic Forum’s Board of Stewards for the Food Systems Initiative.

Current Positions of Ramon Laguarta

Ramon Laguarta’s Wife and Kids

Laguarta’s wife is Maria, from whom he has three sons. The family shares a strong bond, with Maria and their children providing support to Laguarta in his role as the CEO of PepsiCo. 

Despite his demanding professional commitments, Laguarta ensures he spends quality time with his family, cherishing the joys of parenthood and the companionship of his wife. 

Ramon Laguarta’s Salary in 2024

As the Chairman and CEO of PepsiCo, Ramon Laguarta gets a total compensation of $7,448,4621 in 2023. This figure includes his base salary, bonuses, and other benefits, making him one of the highest-paid CEOs at PepsiCo. 

Despite the fluctuations in the F&B industry, Ramon Laguarta’s financial status has ensured a steady growth in his wealth. His financial status underscores his successful career in the food and beverage sector.

Ramon Laguarta’s Net Worth in 2024

As of 2024, Ramon Laguarta has an estimated net worth of approximately $74.9 million. His wealth is not just from his salary but also from his substantial shareholdings. He holds around 441,715 shares in PEPSICO, INC. and 5,632 shares in VISA Inc, which are valued at over $79 million. This significant stake contributes to his overall wealth, making him one of the wealthiest individuals in the F&B industry.

Current Holdings of Ramon Laguarta

Ramon Laguarta’s Social Media Profiles

Ramon actively interacts with his followers on Twitter and LinkedIn. He isn’t available on Facebook and Instagram. Here’s a detailed and direct link to Laguarta’s official social media accounts:

Surprising Facts About Ramon Laguarta

• Ramon Laguarta, originally from Barcelona, has been with PepsiCo for over 25 years. 
• Before joining PepsiCo, Laguarta worked for Chupa Chups, S.A., a candy company based in Spain known for its lollipops.
• He holds a master’s degree in International Management from Thunderbird School of Global Management at Arizona State University, as well as an MBA from ESADE Business School in Barcelona.
• Laguarta can speak multiple languages, including English, Spanish, French, German, and Greek.
• Laguarta’s appointment as CEO further diminishes the number of minorities running Fortune 500 companies.
• Laguarta was highly praised by his predecessor, Indra Nooyi, who described him as ‘exactly the right person to build on our success.
• Laguarta is the first Spanish CEO of a large American multinational company.
• Since becoming CEO of PepsiCo, he has been tasked with implementing a new purpose behind PepsiCo’s sustainability agenda: helping to build a more sustainable food system.
• Under his leadership, the company is focusing its efforts and goals on agriculture, water usage, plastics, products, climate change, and human rights.
• Laguarta is leading PepsiCo towards its goal to make 100% of its packaging recyclable, compostable, or biodegradable and use 25% recycled plastic content in all plastic packaging by 2025.

Popular Quotes by Ramon Laguarta

• “I need to make sure that the short term doesn’t kill the long term.”

• “I always think that with crises there’re opportunities and companies that can transform crises into opportunities are the ones that thrive.”

• “As part of the broader transformation of the company. We’re trying to change the packaging that we use and aluminium is an important material for us, especially in our beverage business.”

• “I think the First Mover alliance that we have is it’s one of the best examples that we have how WEF [World Economic Forum] has put together a group of leaders that we share the same values.”

• “We have one mission, which is make sure that packaging never becomes waste.”

FAQs

Who Is Ramon Laguarta?

Ramon Laguarta is a Spanish businessman who serves as PepsiCo’s chairman and CEO. He has been with PepsiCo for over 22 years and has held various roles within the company.

Where Does Ramon Laguarta Live?

Ramon Laguarta relocated to the United States after his promotion to President of PepsiCo in 2017.

How Much Does Ramon Laguarta Make?

As of 2024, Ramon Laguarta’s total compensation as Chairman and CEO of PepsiCo was reported to be $7,448,4621.

Is Ramon Laguarta Jewish?

There is no publicly available information indicating that Ramon Laguarta is Jewish.

What Is Ramon Laguarta’s Ethnicity?

Ramon Laguarta is of Spanish ethnicity. He was born in Barcelona, Spain.

When Was Ramon Laguarta Elected CEO of Pepsico?

Ramon Laguarta was elected as PepsiCo’s CEO on August 6, 2018, and officially took over the role on October 3, 2018.

Where Is Ramon Laguarta From?

Ramon Laguarta was born in Barcelona, Spain.