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Mondelez Chief Executive Irene Rosenfeld To Step Down McCains Dirk Van de Put Succeeds

DEERFIELD, IL -- Mondelez International Inc. chief executive Irene Rosenfeld will step down in November. She spent the past decade fighting to improve sales and profitability amid dramatic changes in the packaged food business, where the company's traditional snacks like Oreos and Ritz lost market share in vending machines to "healthier" alternatives. Rosenfeld, 64, will remain chairman of the global snack giant until March when she will retire and her successor, Dirk Van de Put, currently president and ...

August 5, 2017 | Staff Reporters

DEERFIELD, IL -- Mondelez International Inc. chief executive Irene Rosenfeld will step down in November. She spent the past decade fighting to improve sales and profitability amid dramatic changes in the packaged food business, where the company's traditional snacks like Oreos and Ritz lost market share in vending machines to "healthier" alternatives.

Rosenfeld, 64, will remain chairman of the global snack giant until March when she will retire and her successor, Dirk Van de Put, currently president and chief executive of McCain Foods, will assume the role of chairman and chief executive. Van de Put will also join Mondelez's board of directors.

Rosenfeld became chief executive of Kraft in 2006 and led its acquisition of Cadbury for nearly $20 billion in 2010. She later split Kraft into two companies to create Mondelez, Kraft's one-time global snack business, which she has since headed up.
 
Van de Put brings nearly 30 years of experience in the food and CPG industry. He joins Mondelez from McCain Foods, the largest marketer and manufacturer of frozen French fries and potato products with sales in more than 160 countries. 

Prior to joining McCain, Van de Put held executive positions with Novartis, Groupe Danone, Coca-Cola Co. and Mars Inc.