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Mondelēz International names Amit Banati as CFO in leadership reshuffle
Mondelēz International has appointed Amit Banati as executive vice president and chief financial officer, effective 1 July.
Mondelēz merges COO and CFO roles as Luca Zaramella heads global operations
Mondelēz International has appointed long-serving finance chief Luca Zaramella as chief operating officer in addition to his role as chief financial officer.
Mondelēz closes animal testing loopholes after PETA pressure
Mondelēz International, the owner of Cadbury, Oreo and other major snack brands, has revised its animal testing policy to cover all product and ingredient testing in the UK, following a sustained campaign by People for the Ethical Treatment of Animals (PETA). The changes, announced this week, remove previous exemptions that allowed testing on animals 'not required by law' for nutritional science research. The revision comes after PETA exposed experiments in which mice were force-fed human...
Oreo unveils range of new product innovations for US portfolio, including zero-sugar option
Mondelez’s Oreo cookie brand has announced a range of new product innovations for its US portfolio, including a zero-sugar variety.
Mondelēz to invest in Płońsk biscuit factory
Mondelēz International has announced a PLN 620 million (approx. $169 million) investment in its long-standing biscuit manufacturing site in Płońsk, marking one of the company’s largest capital projects in Poland in recent years.
Mondelez invests $40m in generative AI to cut marketing costs
Mondelez is reviewing its marketing strategies through adoption of newly developed generative AI tool aimed at reducing production costs by 30% to 50%.
Mondelēz International is a North American multinational confectionery, food and beverage conglomerate that combines the spun-off snack food brands of the former Kraft Foods. With annual revenues of $30 billion, it is a leader in biscuits, chocolate, gum, candy and powdered beverages, with billion-dollar brands such as Oreo, LU and Nabisco biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolate; and Trident gum. Its name derives from the Latin words for ‘world’ and ‘delicious’ and was invented by Kraft employees when the company was spun off in 2012. Mondelēz employs over 80,000 people around the world.
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