Pepsi’s CEO is richer than Coke’s CEO. Pepsi’s CEO Ramon Luis Laguarta has a net worth of $68 million, while Coke’s CEO James Quincey has a net worth of $41 million.
Pepsi’s CEO, Ramon Laguarta, is a well-known Spanish entrepreneur who serves as the chairman and CEO of PepsiCo. Ramon took over as CEO on October 3, 2018, after Indra Nooyi decided to step down. He is the company’s sixth CEO and the first Spanish CEO of a large American multinational corporation. While serving as CEO, Ramon Laguarta was characterized as a great executive and is one of the most assertive, respectful, and global leaders who understands the business on the inside and the right choice for the position.
James Quincey is Coke’s CEO, and he is famous because he came on board in 1996 and has held a variety of leadership positions all over the world. In 2017, he was appointed CEO; in 2019, he was appointed Chairman of the Board. Quincey is guiding Coca-Cola’s transformation into a total beverage company. James Quincey served as the President and Chief Operating Officer of Coca-Cola from 2015 to 2017.
How Pepsi CEO Got So Rich
PepsiCo’s Chairman of the Board of Directors and Chief Executive Officer is Ramon Laguarta. PepsiCo products are purchased more than one billion times daily in over 200 countries. PepsiCo’s total income in 2020 is expected to be $70 billion, driven by a supplementary beverage and convenience foods strategy that includes Lays, Doritos, Cheetos, Gatorade, Mountain Dew, and SodaStream. PepsiCo’s brand portfolio consists of a diverse range of entertaining foods and beverages and many iconic brands with average annual sales of more than $1 billion each.
Ramon’s primary source of income comes from his business dealings with various companies. Ramon Laguarta’s annual salary will be added to his net worth. Ramon previously worked at Chupa Chups, a Spanish candy corporation known for its lollipops, before joining PepsiCo. Following his time at the company, he joined PepsiCo in January 1996 and assumed responsibility for the company’s European operations. He worked in sales, marketing, and many other advertising roles across Europe before rising to the CEO of the whole Europe and Sub-Saharan Africa (ESSA) sector. That was one of the industry’s most sophisticated systems, covering different parts of the world and encompassing developed, developing, and developing markets.
How Coke CEO Got So Rich
James Quincey previously worked as President and Chief Operating Officer of the company from 2015 to 2017. James Quincey was the Leader of the company’s Europe Group from 2013 to 2015. Under his direction, the company has expanded its strong brand and increased its market share. Quincey was also instrumental in forming Coca-Cola European Partners, one of the world’s biggest Coca-Cola bottling companies. From 2008 to 2012, Quincey was President of the Northwest Europe and Nordics business unit.
James Quincey previously worked as a strategy consultant at The Kalchas Group, a subsidiary company of Bain & Company and McKinsey. Quincey is a pioneer member of the New York Stock Exchange Board Advisory Council and co-chair of The Consumer Goods Forum. James Quincey also serves on the board of directors of Pfizer Inc.