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Thunderbird alumnus Ramon Laguarta '86 was unanimously elected Chief Executive Officer of PepsiCo, Inc. on August 6, 2018. He will succeed current PepsiCo CEO Indra K. Nooyi as of October 3.
"Ramon Laguarta is exactly the right person to build on our success," Nooyi said in the official PepsiCo press release. "He is a terrific executive with a long and proven track record of growing businesses. He has a deep understanding of the changing preferences of consumers and other critical trends unfolding around the world, and he has demonstrated that he knows how to navigate them successfully. Ramon has been a critical partner in running the company, and I'm confident he will take PepsiCo to new and greater heights in the years to come."
With this appointment, Laguarta will become PepsiCo's sixth CEO in the global organization's 53-year history. He holds a Master of International Management from Thunderbird School of Global Management.
Read the PepsiCo Press Release