Mondelez International, Inc.
Mondelēz International Appoints Amit Banati as New Chief Financial Officer
Summary
Mondelēz International, Inc. announced on June 15, 2026, the appointment of Amit Banati as Executive Vice President and Chief Financial Officer, effective July 1, 2026. Banati, who previously served as CFO of Kenvue, Inc., will report directly to Dirk Van de Put, Chair and Chief Executive Officer, and will join the Mondelēz International Leadership Team. Luca Zaramella will continue as Executive Vice President and Chief Operating Officer. Banati's compensation package includes an annual base salary of $1,050,000, a target annual incentive, and a target annual long-term equity grant of $5,000,000. He will also receive a make-whole award of up to $7,000,000 to compensate for forfeited compensation from his former employer.
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About Mondelez International, Inc.
Mondelez International, Inc. is a leading global snacking company specializing in confectionery, food, and beverages. The company produces an impressive array of iconic brands such as Oreo cookies, Cadbury chocolates, Toblerone, and Trident gum. Operating in over 150 countries, Mondelez focuses on providing a wide variety of snacks that appeal to different taste preferences around the world. With a strong commitment to sustainability, Mondelez aims to source ingredients responsibly and ensure environmental protection. The company plays a significant role in the consumer staples sector, heavily influencing global snack market trends through continuous product innovation and marketing strategies. Headquartered in Chicago, Illinois, Mondelez International is a key player in the processed food industry, balancing tradition with modern consumer demands.
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