ARMONK, NY, January 31, 2026 /PRNewswire/ — IBM (NYSE: IBM) the Board of Directors elected Ramon L. Laguarta to the Board of Directors, effective March 1, 2026.

Ramon L. Laguarta, 62, is chairman and CEO of PepsiCo. With a strong commitment to performance and leadership, Mr. Laguarta has led PepsiCo, a global food and beverage leader, since 2018. He has played a central role in PepsiCo’s portfolio and cultural transformation.
Arvind Krishna, Chairman and CEO of IBM, said: “We are delighted that Ramon Laguarta is joining the IBM Board of Directors. Ramon’s experience, expertise and proven track record in leveraging technology to transform large organizations make him an ideal executive to help manage IBM and deliver significant value to our shareholders.
Under Mr. Laguarta’s leadership, PepsiCo has become a best-in-class, growth-driven organization. He led an end-to-end strategic transformation program, evolving technology across the business, driving long-term value for the business.
Prior to becoming CEO, Mr. Laguarta was President of PepsiCo, responsible for driving the company’s corporate strategy. Throughout his career, he has held several leadership positions and served as President of Developing Markets in Europe and CEO of Europe and Sub-Saharan Africa. He is a board member of the Business Roundtable.
Born and raised in Barcelona, Mr. Laguarta holds an MBA from ESADE Business School in Spain and a Masters in Management from Thunderbird School of Global Management.
Contact:
Tim Davidson
914-844-7847
tfdavids@us.ibm.com
SOURCE IBM



