Mondelēz International Names Luca Zaramella Executive Vice President, Chief Operating Officer and Chief Financial Officer
Rhea-AI Summary
Mondelēz International (Nasdaq: MDLZ) named Luca Zaramella Executive Vice President, Chief Operating Officer and Chief Financial Officer, effective Feb. 1, 2026. He will continue reporting to Chair and CEO Dirk Van de Put and add oversight of commercial operations, corporate sales, marketing and supply chain across four regions.
The company is conducting a search for a successor CFO and expects to announce a successor at a later date. Zaramella has served as company CFO since 2018 and previously held senior roles across Latin America, Europe and North America.
Positive
- Internal promotion preserves leadership continuity
- Combined COO/CFO role centralizes commercial and financial oversight
- Zaramella brings continuity as CFO since 2018
- Global experience across Latin America, Europe and North America
Negative
- Search underway for successor CFO creates near-term transition risk
- Dual COO and CFO responsibilities may concentrate executive accountability
News Market Reaction
On the day this news was published, MDLZ gained 2.02%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
MDLZ fell 2.19% while peers were mixed: HSY -1.41%, MO -2.18%, BUD +0.20%, DEO +0.28%, CL -0.34%, pointing to a stock-specific move around this leadership news.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 22 | Innovation accelerator launch | Positive | +1.4% | Launch of CoLab Tech 2026 R&D accelerator for snack-centric innovations. |
| Jan 21 | Brand collaboration | Positive | -1.1% | Limited-time MARVEL OREO Stuf of Legends cookie collaboration announcement. |
| Jan 21 | Press release correction | Neutral | -1.1% | Correction to prior MARVEL OREO collaboration press details. |
| Jan 13 | Earnings date notice | Neutral | +2.3% | Scheduling announcement for Q4/FY 2025 results and conference call. |
| Dec 30 | Product recall | Negative | -0.4% | Expanded voluntary recall of CHIPS AHOY! Baked Bites Brookie in the U.S. |
MDLZ generally showed price moves consistent with the tone of prior news, with one notable divergence on branded collaboration news.
Recent MDLZ news covered innovation programs, brand collaborations, an earnings date, and a product recall. The CoLab Tech 2026 accelerator on Jan 22 coincided with a +1.42% move, while the MARVEL OREO collaboration on Jan 21 and its correction saw about -1.1%. The Q4/FY 2025 earnings date announcement on Feb 03, 2026 timing drove a +2.31% reaction, and the Dec. 30, 2025 recall aligned with a modest decline, showing mostly aligned news-to-price behavior.
Market Pulse Summary
This announcement centers on Luca Zaramella assuming combined roles as Executive Vice President, Chief Operating Officer and Chief Financial Officer, expanding his remit across commercial regions and key corporate functions. Historically, MDLZ news has mostly seen price moves consistent with the underlying tone, with occasional divergences on branded promotions. Investors may track how this leadership structure interfaces with upcoming earnings, operational efficiency, and any further governance or strategic updates. Key dates like the February 1 effective start are important milestones.
AI-generated analysis. Not financial advice.
CHICAGO, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Mondelēz International (Nasdaq: MDLZ) today announced the appointment of Luca Zaramella to the role of Chief Operating Officer and Chief Financial Officer. In addition to his CFO responsibilities, as COO, he will have responsibility for the company’s commercial operations in its four geographical regions as well as the corporate sales, marketing and supply chain functions. Zaramella’s appointment will be effective Feb. 1, and he will continue to report directly to Chair and Chief Executive Officer Dirk Van de Put. The company is conducting a search for the CFO position and expects to announce a successor at a later date.
“I am pleased to announce Luca’s appointment as Chief Operating Officer and Chief Financial Officer,” said Van de Put. “Luca is a strong operational and financial leader with deep knowledge of our business and a consistent record of driving strong results. It is vital that we stay agile and continue to raise the bar on our operational excellence in an environment that has never been more dynamic. I am confident that Luca is the right leader to further elevate our execution and accelerate our performance as we realize the promise of our growth agenda.”
Zaramella has been a member of Mondelez International’s leadership team as CFO since 2018, overseeing the company’s global Finance, Procurement, Information and Technology Solutions and shared services functions. He has helped lead the development of the company’s strategic growth framework and financial algorithm. He is a global leader with extensive experience, previously holding various senior roles across Latin America, Europe and North America.
“I’m honored to step into this role for Mondelēz, expanding my focus on executional excellence and commercial performance across our organization,” said Zaramella. “I am inspired by our people, brands and capabilities, with vast potential to deliver attractive, long-lasting growth and create value for years to come.”
About Mondelēz International
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2024 net revenues of approximately
Forward-Looking Statements
This press release contains forward-looking statements. Words, and variations of words, such as “will,” “may,” “expect,” “plan,” “continue” and similar expressions are intended to identify these forward-looking statements, including, but not limited to, statements of belief or expectation and statements about Mondelēz International’s leadership position in snacking. These forward-looking statements are subject to change and to inherent risks and uncertainties, many of which are beyond Mondelēz International’s control, which could cause Mondelēz International’s actual results or outcomes to differ materially from those projected or assumed in these forward-looking statements. Please also see Mondelēz International’s risk factors, as they may be amended from time to time, set forth in its filings with the U.S. Securities and Exchange Commission, including its most recently filed Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. There may be other factors not presently known to Mondelēz International or which it currently considers to be immaterial that could cause Mondelēz International’s actual results to differ materially from those projected in any forward-looking statements it makes. Mondelēz International disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.
| Contact: | Tracey Noe (Media) | Shep Dunlap (Investors) |
| +1 847 943 5678 | +1 847 943 5454 | |
| news@mdlz.com | ir@mdlz.com | |
FAQ
When does Luca Zaramella start as Mondelēz COO and CFO (MDLZ)?
Will Luca Zaramella remain reporting to the CEO after becoming MDLZ COO and CFO?
What responsibilities will Zaramella have as MDLZ COO in addition to CFO duties?
Is Mondelēz conducting a search for a new CFO (MDLZ)?
What is Luca Zaramella’s experience within Mondelēz before this MDLZ appointment?
