Ramon Laguarta
The Spanish-born executive who climbed PepsiCo's international ranks over decades to become its chief executive, the first Spaniard to lead a major American multinational.

Ramon Laguarta is a Spanish-American business executive who is the chairman and chief executive of PepsiCo, one of the largest food and beverage companies in the world. Born in 1963 in Spain, Laguarta built a long international career at PepsiCo over more than two decades, rising through its businesses across Europe and beyond before becoming the company's sixth chief executive in 2018. His appointment made him the first Spaniard to lead a major American multinational, and he has since worked to position the snacks and drinks giant for sustainable growth in a changing consumer landscape.
This profile covers who Ramon Laguarta is, his early life and education, his rise through PepsiCo, his leadership of the company, his net worth and his current role.
Early Life and Education
Ramón Laguarta was born in 1963 in Spain. He pursued a business education, studying at ESADE Business School, one of Spain's leading institutions, and later earning a master of business administration from the Thunderbird School of Global Management, a school known for its focus on international business. This combination reflected the global orientation that would define his career.
His education and early ambitions pointed him toward international business, and he developed the language skills, cultural fluency and commercial expertise that would allow him to build a career spanning multiple countries and regions. This international foundation proved central to his long ascent at a global consumer goods company.
Rising Through PepsiCo
Ramon Laguarta joined PepsiCo and spent the bulk of his career there, building a reputation as a skilled international operator. He held a series of roles of increasing responsibility, particularly in the company's businesses outside the United States, including leadership of its operations in Europe and other international markets. He gained deep experience in managing PepsiCo's snacks and beverages businesses across diverse and challenging markets.
This international track record was crucial to his rise. PepsiCo is a truly global company, and Laguarta's success in growing its businesses around the world, navigating different consumer cultures, regulatory environments and competitive landscapes, marked him as a leader capable of running the entire enterprise. He rose to senior global roles, positioning him as the successor to the company's long serving chief executive.
Becoming Chief Executive
In October 2018, Ramon Laguarta became chief executive of PepsiCo, succeeding Indra Nooyi, who had led the company for many years. He later also took on the role of chairman. His selection as the first Spanish chief executive of a major American multinational was a notable milestone, reflecting both his own accomplishments and the increasingly global nature of leadership at large American companies.
Laguarta took over a company with an enormous portfolio spanning iconic brands in both snacks, through Frito-Lay and Quaker, and beverages, through Pepsi, Gatorade and many others. He inherited the challenge of sustaining growth in a maturing market while responding to changing consumer preferences, including growing health consciousness and demand for healthier products.
Leading PepsiCo
As chief executive, Ramon Laguarta has pursued a strategy focused on faster, stronger growth and on adapting PepsiCo to evolving consumer trends. He has emphasized investment in the company's brands, expansion of healthier and more diverse product options, and a focus on sustainability, including goals around packaging, water and agriculture. He framed the company's direction around becoming faster, stronger and better.
Under his leadership, PepsiCo navigated the disruption of the pandemic, which boosted demand for snacks consumed at home, and the subsequent period of high inflation, during which the company raised prices while working to maintain volumes. He has guided the company through these challenges while maintaining its position as a dominant force in global food and beverages and continuing to invest in its long term transformation.
Ramon Laguarta Net Worth
Ramon Laguarta net worth is estimated at roughly $90 million to $125 million, though figures vary by source. As a career executive rather than a founder, his wealth comes from years of senior compensation at PepsiCo, including salary, bonuses and stock awards, accumulated over a long career culminating in the chief executive and chairman roles. His annual pay runs into the tens of millions of dollars, weighted toward equity tied to performance.
Because much of his wealth is held in PepsiCo shares and equity awards, its value moves with the company's stock price. His financial position reflects a distinguished, international corporate career at one of the world's largest consumer companies rather than a founding stake.
Personal Life
Ramon Laguarta generally keeps his personal life private, with his public identity defined by his leadership of PepsiCo. His international background and his status as the first Spanish leader of a major American multinational are notable parts of his story. He speaks on business leadership, the consumer industry and sustainability, and he represents the increasingly global character of the executives running the world's largest companies.
Achievements and Influence
Ramon Laguarta's achievements include a distinguished international career at PepsiCo and his rise to lead the company as its chief executive and chairman, a milestone as the first Spaniard to head a major American multinational. His influence is felt across the global food and beverage industry, where PepsiCo's strategy on health, sustainability, pricing and innovation is closely watched. He exemplifies the global, internationally seasoned leadership at the top of modern consumer business.
Ramon Laguarta in 2026
As of 2026, Ramon Laguarta continues to serve as chairman and chief executive of PepsiCo. The themes around him include sustaining growth across the company's vast portfolio, responding to health and sustainability pressures, managing pricing and consumer demand in a shifting economy, and steering PepsiCo's long term transformation in a competitive global market.
He is profiled alongside other leaders in the Food & Beverage sector on Founder Canon, the executives shaping what the world eats and drinks.
Frequently Asked Questions
Who is Ramon Laguarta?
Ramon Laguarta is a Spanish-American business executive who is the chairman and chief executive of PepsiCo, one of the largest food and beverage companies in the world. He rose through decades of international roles at the company and became its sixth chief executive in 2018, the first Spaniard to lead a major American multinational.
What is Ramon Laguarta's net worth?
Ramon Laguarta's net worth is estimated at roughly $90 million to $125 million, built from years of senior executive compensation and PepsiCo stock. As a hired executive rather than a founder, his wealth comes chiefly from pay and equity awards.
How old is Ramon Laguarta?
Ramon Laguarta was born in 1963, which makes him about 63 years old as of 2026.
Where did Ramon Laguarta study?
He studied at ESADE Business School in Spain and earned a master of business administration from the Thunderbird School of Global Management, reflecting his international business orientation.
When did Ramon Laguarta become CEO of PepsiCo?
He became chief executive of PepsiCo in October 2018, succeeding Indra Nooyi, and later also became chairman. He had spent decades at the company, much of it building its international businesses.
Sources
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