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    Dirk Van de Put

    Chairman and CEO at Mondelez International Inc
    Board
    Since November 2017
    Age
    64 years
    Tenure
    Joined MDLZ in November 2017 as Chief Executive Officer and a board member, and was promoted to Chairman in April 2018.

    Also at Mondelez International Inc

    BS
    Brian Stevens
    SVP, Corporate Controller & Chief Accounting Officer
    DDI
    Deepak D. Iyer
    EVP and President, AMEA
    GCV
    Gustavo C. Valle
    EVP and President, North America

    About

    Dirk Van de Put, aged 64 as of February 2025 , is a seasoned executive with over 30 years of experience in the food and consumer packaged goods industry. His extensive background includes leadership roles across major multinational companies where he honed his expertise in global market operations and strategic management.

    Before joining MDLZ, he built an impressive career with key positions at renowned companies such as Mars, Incorporated, The Coca-Cola Company, Groupe Danone SA, Novartis AG, and McCain Foods Limited. This experience bolstered his global perspective and ability to drive long-term value creation in emerging and developed markets alike.

    At MDLZ, he joined in November 2017 as Chief Executive Officer and a board member, and was subsequently elevated to Chairman in April 2018. Under his leadership, the company has focused on sustainable value creation, portfolio transformation, and the expansion into new product adjacencies, driving initiatives that resulted in organic net revenue growth and strong adjusted gross profit performance in recent years.

    His multilingual abilities, fluency in English, Dutch, French, Spanish, and Portuguese, combined with his global leadership experience, underscore a career marked by strategic achievements and effective governance, positioning him as a pivotal figure steering MDLZ towards continued success.

    $MDLZ Performance Under Dirk Van de Put

    Past Roles

    OrganizationRoleDate RangeDetails
    McCain Foods Limited President and Chief Executive Officer 2011–2017 N/A
    McCain Foods Limited Chief Operating Officer 2010–2011 N/A
    Novartis AG President and Chief Executive Officer, Global Over-the-Counter, Consumer Health Division 2009–2010 N/A
    Groupe Danone SA Executive Vice President, Fresh Dairy and Waters, Americas; Executive Vice President, Fresh Dairy and Waters, Latin America 1998–2009 N/A
    The Coca-Cola Company President, Coca-Cola Caribbean; Vice President, Value Chain Management, Coca-Cola Brazil 1997–1998 N/A
    Mars, Incorporated General Manager and President, Southern Cone Region, Mars South America; Vice President, Marketing, Latin America 1986–1997 N/A
    Keurig Dr Pepper Inc. Former Director N/A Former role
    Mattel, Inc. Former Director N/A Former role

    External Roles

    OrganizationRoleDate RangeDetails
    AB Inbev SA/NV Director N/A N/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Annual Base Salary$1,550,000 AnnuallyFixed base salary for 2023
    Car Allowance$23,333 AnnuallyProvided as a car allowance
    Financial Counseling Allowance$10,000 AnnuallyAllowance for financial counseling
    Employer Contributions to Defined Contribution Plans$539,725 AnnuallyEmployer matching contribution for defined contribution plans
    Personal Use of Company Aircraft$348,682 AnnuallyAllowance for personal use of company aircraft

    Performance Compensation

    Data from  FY 2023

    Annual Incentive Plan (AIP)

    Metric ComponentWeightingThresholdTargetMaximumPayout Amount
    Organic Volume Growth15% 50% of targetN/AN/AN/A
    Organic Net Revenue Growth15% 50% of targetN/AN/AN/A
    Adjusted Gross Profit Growth35% 50% of targetN/AN/AN/A
    Adjusted Operating Income Growth15% 50% of targetN/AN/AN/A
    Free Cash Flow20% 50% of targetN/AN/AN/A
    Market Share Overlay+/-30 pp N/AN/AN/AN/A
    Snacks Leadership (SPI)50% of SPI N/AN/AN/AN/A
    ESG (SPI)50% of SPI N/AN/AN/AN/A
    • Payout Figures:
      • Threshold: $1,472,500
      • Target: $2,945,000
      • Maximum: $5,890,000
    • Evaluation Period: 2023 performance cycle
    • Actual Result: Company performance rating of 159%

    Performance Share Units (PSUs)

    MetricWeightingThresholdTargetMaximumVesting Details
    Organic Net Revenue Growth25% 50% of targetGreater than 4.5% 200% of target 100% vest upon PCC approval; distribution by March 15, 2026
    Adjusted EPS Growth25% 50% of targetGreater than 7% 200% of target Vesting follows the same schedule as above
    Annualized Relative TSR50% 25th percentile 55th percentile 90th percentile Performance cycle ends on December 31, 2025; vesting upon PCC approval
    • Grant Date: March 2, 2023
    • Grant Date Fair Value: $10,625,963
    • Maximum PSU Value: $21,251,926

    Stock Options

    MetricDetail
    Grant DateMarch 2, 2023
    Grant Date Fair Value$3,501,056
    Grant Date Stock Price$65.36
    Number of Options Granted258,190
    Vesting Schedule33% on March 2, 2024; 33% on March 2, 2025; 34% on March 2, 2026
    Performance MetricTied to stock price appreciation