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Mondelez International, Inc. is a global leader in the snack food industry, operating in over 150 countries. The company specializes in the production and sale of chocolate, biscuits, and baked snacks, with additional ventures in gum & candy, cheese & grocery, and powdered beverages . Mondelez's product categories are organized into five main segments, with a strategic focus on generating the majority of its revenue from its core snacking categories .
- Biscuits & Baked Snacks - Produces a wide range of biscuits and baked snack products, contributing significantly to the company's revenue.
- Chocolate - Offers a variety of chocolate products, playing a crucial role in the company's core business strategy.
- Gum & Candy - Engages in the production and sale of gum and candy products, complementing its core snack offerings.
- Beverages - Involves the production and distribution of powdered beverages, expanding the company's product portfolio.
- Cheese & Grocery - Includes cheese and grocery items, providing additional variety to the company's product lineup.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Dirk Van de Put ExecutiveBoard | Chairman and CEO | Director at AB InBev SA/NV | Dirk Van de Put has been CEO since November 2017 and Chairman since April 2018. He has over 30 years of experience in the food and consumer packaged goods industry, with expertise in emerging and developed markets. | View Report → |
Brian Stevens Executive | SVP, Corporate Controller & Chief Accounting Officer | None | Brian Stevens joined MDLZ in February 2025. He previously held senior finance roles at Baxter International and Groupon. | |
Deepak D. Iyer Executive | EVP and President, AMEA | None | Deepak Iyer joined MDLZ in 2016 and became EVP and President, AMEA in June 2023. He has over 25 years of leadership experience in sales, marketing, and general management. | |
Gustavo C. Valle Executive | EVP and President, North America | None | Gustavo Valle joined MDLZ in March 2022. He has transformed the North American business into a sustainable growth engine. | |
Laura Stein Executive | EVP, Corporate & Legal Affairs, General Counsel, and Corporate Secretary | None | Laura Stein oversees legal and corporate affairs at MDLZ. Her exact start date is not specified in the documents. | |
Luca Zaramella Executive | EVP and CFO | None | Luca Zaramella has been CFO since August 2018. He has extensive experience in corporate finance and strategic financial management, having joined MDLZ in 1996. | |
Mariano C. Lozano Executive | EVP and President, Latin America | None | Mariano Lozano joined MDLZ in May 2022 and leads the Latin American business. He previously held leadership roles at Danone. | |
Martin Renaud Executive | EVP, Chief Marketing and Sales Officer | None | Martin Renaud leads marketing and sales transformation at MDLZ, focusing on brand building and sales execution. | |
Stephanie Lilak Executive | EVP and Chief People Officer | None | Stephanie Lilak joined MDLZ in January 2024. She previously held senior HR roles at Bumble Inc., Dunkin’ Brands, and General Mills. | |
Vinzenz P. Gruber Executive | EVP and President, Europe | None | Vinzenz Gruber has been with MDLZ since 1989 (with a break) and is retiring effective April 1, 2025. He has led the European business since January 2019. | |
Volker Kuhn Executive | EVP and President, Europe (effective April 1, 2025) | Chairman and Non-Executive Board Member of FROSTA AG | Volker Kuhn joined MDLZ in January 2025 and will assume the role of EVP and President, Europe, on April 1, 2025. He has extensive experience in consumer products and business transformations. | |
Anindita Mukherjee Board | Director | None | Anindita Mukherjee joined the MDLZ Board in January 2023. She has held senior leadership roles at Pernod Ricard, S.C. Johnson, and PepsiCo. | |
Brian McNamara Board | Director | CEO of Haleon plc; Director at Haleon plc; Director at Consumer Goods Forum | Brian McNamara joined the MDLZ Board in February 2024. He is the CEO of Haleon plc and has extensive experience in the consumer products industry. | |
Cees 't Hart Board | Director | Chairman of the Supervisory Board of KLM; Member of the Board of AirFranceKLM; Member of the Supervisory Board of Randstad | Cees 't Hart joined the MDLZ Board in July 2023. He previously served as CEO of Carlsberg Group and Royal FrieslandCampina. | |
Charles E. Bunch Board | Director | Director at Marathon Petroleum Corporation | Charles E. Bunch has been a director since September 2016. He previously served as Executive Chairman of PPG Industries and Chairman of the Federal Reserve Bank of Cleveland. | |
Ertharin Cousin Board | Director | Founder and CEO of Food Systems for the Future Institute; Director at Bayer AG; Director at Borealis Foods | Ertharin Cousin joined the MDLZ Board in January 2022. She has over 40 years of leadership experience in non-profit, government, and corporate sectors. | |
Jane Hamilton Nielsen Board | Director | COO and CFO of Ralph Lauren Corporation | Jane Hamilton Nielsen has been a director since May 2021. She is also the COO and CFO of Ralph Lauren Corporation and has extensive experience in finance and operations. | |
Jorge S. Mesquita Board | Director | Director at Humana Inc. | Jorge S. Mesquita has been a director since May 2012. He has extensive experience in global business operations and marketing. | |
Michael A. Todman Board | Director | Director at Brown-Forman Corporation, Carrier Global Corporation, and Prudential Financial, Inc. | Michael A. Todman has been a director since May 2020. He has extensive experience in global business operations and corporate governance. | |
Patrick T. Siewert Board | Independent Lead Director | Lead Director at Avery Dennison Corporation | Patrick T. Siewert has been a director since October 2012 and Lead Director since May 2022. He has extensive experience in the food and beverage industry and corporate governance. |
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Given that volume declines in North America have moderated but still need to improve, and considering the ongoing softness in the U.S. biscuit business, how confident are you in achieving the expected volume growth in the second half and reaching the upper end of your revenue guidance? ,
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With cocoa prices being a material headwind in the second half and your expectation of higher costs related to cocoa, how are you planning to manage margins in your chocolate business, and are you considering further price increases that might impact volume and market share? ,
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In North America, consumers are seeking products at lower absolute price points, impacting brands like Chips Ahoy!, and you are introducing new packs in the $3 to $4 range; how will this strategy affect your profitability, and what risks do you see in balancing value offerings with margin protection? ,
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Despite strong earnings growth and cash flow running at $4 billion plus, your long-term free cash flow guidance remains at $3 billion; what are the key factors preventing you from raising this guidance, and how should investors think about your capital allocation priorities? ,
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With the ERP transition and SAP implementation planned over the next four years, what risks does this pose to your business operations and financial performance, particularly in 2025, and how are you mitigating potential disruptions associated with such a significant system change? ,
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
Danone S.A. | The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
Nestlé S.A. | The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. | |
The company is considered a market competitor or has been selected on the basis of industry, global focus or industry leadership. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Evirth (Shanghai) Industrial Co., Ltd | 2024 | Planned Acquisition: Mondelēz is set to acquire a majority stake in Evirth to expand its presence in China’s fast-growing frozen-to-chilled baked snacks market. The deal, announced on September 20, 2024 and expected to close in Q4 2024, includes strategic objectives to leverage advanced R&D, technical expertise, and iconic brands while incurring $2M in acquisition-related costs. |
Ricolino | 2022 | Completed Acquisition: Acquired from Grupo Bimbo for approximately $1.3 billion through a mix of cash and debt, this deal, completed on November 1, 2022, doubled Mondelēz’s business in Mexico and tripled its routes to market, reinforcing its strategic expansion in the confectionery segment. |
Clif Bar & Company | 2022 | Completed Acquisition: Announced on June 20, 2022 and completed on August 1, 2022, it was valued at approximately $2.9 billion (including $2.6 billion cash and a $0.3 billion one-time expense) with additional potential contingent payments through 2025–2026, expanding Mondelēz’s global snack bar, refrigerated snacking, and performance nutrition portfolios. |
Chipita Global S.A. | 2022 | Completed Acquisition: Finalized on January 3, 2022, for a total of approximately €1.7 billion ($1.9 billion) (with €1.3 billion in cash and assuming €0.4 billion of debt), this deal enhanced Mondelēz’s position in Central and Eastern Europe’s baked snacks market through strategic synergies and incremental revenue growth, despite notable integration costs. |
Recent developments and announcements about MDLZ.
8-K Filings
8-K Filing
·Feb 19, 2025, 9:34 PMLeadership ChangesView full 8-K filing →Mondelez International names Brian Stevens as SVP, Corporate Controller & CAO effective Feb 10, 2025. His compensation includes a $545,900 base, 65% target incentive and $550K equity grant. Michael Call will serve as CAO until then before transitioning to SVP, NA Finance