CEO · PEP
Ramon Laguarta
CEO$Executive Intelligence

Ramon Laguarta

Chairman & CEO · PepsiCo PEP
$23.9M
FY2025 total compensation
Filed · DEF 14A

PepsiCo’s chairman and CEO since 2018, the first Spanish-born chief of the snacks-and-beverage giant, balancing its Frito-Lay engine against pressure on sugary drinks and snacks.

CEO since2018
Born1963
Pay rank#37 of 50 tracked

Pay vs performance

what happened while he earned it
CEO compensation$23.9M
Stock · since 2024-15.7%
S&P 500 · since 2024+38.4%
Revenue · YoY+2.3%
EPS · YoY-13.7%
CEO tenure8 yrs

No score, no opinion. Compensation is filed; stock and S&P are market returns over the window shown; revenue and EPS are latest reported vs the prior year. You decide.

Why this pay?

  • His fiscal 2025 pay was $23.9 million, down about 15% from the prior year mostly because of a much smaller change-in-pension-value line. The cash-and-stock core of the package was broadly steady; the swing is actuarial, not a pay cut in spirit.

Quick facts

CEO since2018
PreviouslyPepsiCo
Largest pay componentStock & options · 48%
Pay rank (tracked)#37 of 50
EducationESADE (BBA, MBA); Thunderbird School of Global Management (MIM)

Compensation breakdown

DEF 14A
total · FY2025$23,903,545
Salary$1,804,615
Cash incentive$5,771,000
Stock awards$11,550,008
Change in pension value$4,125,567
All other comp$652,355
Total$23,903,545

The ~15% drop from FY2024 is almost entirely a smaller change-in-pension-value line, not lower cash or stock. Source: PepsiCo 2026 Proxy (FY2025)

Compensation history

salary + cash vs stock, from the proxies
$28.8MFY2024
$23.9MFY2025
Stock & optionsSalary & cashOther

Related intelligence

every filing on PepsiCo, one hop away

Career

2018-presentChairman & CEO · PepsiCo
2017-2018President · PepsiCo
2015-2017CEO, Europe & Sub-Saharan Africa · PepsiCo

Compare pay with

Every figure ties to a filing. Compensation is the total from PepsiCo's Summary Compensation Table for FY2025(grant-date values, which can differ from what an executive realizes when awards vest). We publish what the filings say, and we don't grade people. Photo: Qwertyfry38 / CC BY-SA 4.0 / Wikimedia Commons.