The former PepsiCo India chairman and CEO replaces Anand Kripalu, who led the Mondelez business for eight years. Kripalu had decided to pursue an assignment outside the business. He will help Manu while transitioning the business.
“The two will work together over the coming weeks to ensure business continuity and a successful transition in line with the company’s culture,” the company said.
Mondelez International executive VP and president, Asia Pacific and Eastern Europe, Middle East & Africa Pradeep Pant, said: “Manu comes to Mondelez International with extensive snacking experience and we look forward to him leading our India business – one of the most critical markets for Mondelez International globally.”
A world leader in chocolate, biscuits, gum, candy, coffee and powdered beverages, Mondelez had revenue of $35bn last year and is present in 165 countries.
Source: Business Standard
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