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Ramon Laguarta

Chairman and Chief Executive Officer, Pepsico

Search every verified Ramon Laguarta interview, podcast appearance, and on-the-record quote β€” each transcript cross-checked by AI and human review to confirm speaker identity. Ramon Laguarta, Chairman and CEO of PepsiCo, discussed the company's second-quarter 2026 performance on July 9, 2026. He stated that the company was "dissatisfied" with U.S. snack volume performance and attributed weaker-than-expected results to higher gas prices affecting consumer budgets and to delays in executing price investments with some customers. Laguarta said these execution issues had been resolved and that the company expects an acceleration in the second half of the year. He noted that globally, snack volume grew nearly 3% and beverage volume grew 2%, and that PepsiCo was gaining volume share in U.S. salty snacks. Laguarta described the company's strategy as focusing on affordability investments, portfolio transformation, and away-from-home growth, and said the company is working to optimize the return on trade investments on a customer-by-customer basis. In the first quarter of 2026, Laguarta reported that PepsiCo had added 300 million new food occasions compared to the prior year and that the away-from-home business was growing three times the company average. He emphasized the importance of continued investment in international markets, describing them as the company's "biggest source of growth" over the next five to ten years. Laguarta also noted that the company had not seen a significant impact on demand from the war in the Middle East, and in some markets benefited from a stronger supply chain than competitors.

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