Mondelez International names new CEO

DEERFIELD, ILL. — Mondelēz International has named a new CEO as current president Irene Rosenfeld steps down, effective in November. The company’s board has selected Dirk Van de Put as Rosenfeld’s successor. Rosenfeld will remain chairman until March 31, 2018, when she will retire and Van de Put will assume the role of chairman and CEO.

“The board and I are confident that Dirk Van de Put is the right leader to take us forward,” Rosenfeld said. “He is a seasoned global CEO, having lived and worked on three different continents, with deep experience and expertise in all critical business and commercial operations in both emerging and developed markets. Throughout his career, Dirk has had a proven track record of driving top-line and category growth, while at the same time improving cost structures and profitability. And he has achieved these results with a values-based leadership style and steadfast focus on people.”

Van de Put, currently president and CEO of Canadian frozen foods giant McCain Foods, has more than 30 years of experience in the food and CPG industry. While at McCain foods, Van de Put grew their net sales by more than 50%, generating more than 75% organic growth. He has previously held executive positions with Novartis, Groupe Danone, Coca-Cola and Mars.

“On behalf of the entire Mondelēz International Board, we want to welcome Dirk and are excited to begin working with him to lead the company through its next chapter of growth,” Mondelēz lead independent director Mark Ketchum said. “Our thorough, multi-year succession process has identified Dirk as the right leader with a distinct combination of skills and industry experience necessary to succeed as our next CEO. Our process was global in nature and thoroughly considered numerous highly talented internal and external candidates before making our final decision.”

Ketchum also thanked Rosenfeld for her service.

“We also want to thank Irene for the vision and leadership she brought to building this great company,” he said. “Under her stewardship, Mondelēz International has become the leading global snacking company, delivering tremendous value to shareholders. We are extremely grateful for her leadership and for agreeing to stay on as Chairman through the first quarter of next year, to ensure a smooth and seamless transition.”

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