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Mondelez (NASDAQ: MDLZ) adds COO role to CFO Luca Zaramella

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Mondelēz International, Inc. appointed Luca Zaramella as Chief Operating Officer, effective February 1, 2026, while he continues as Executive Vice President and Chief Financial Officer. He has held senior finance roles at the company since 2011 and joined in 1996.

For 2026, his compensation package includes an annual base salary of $1,250,000, a target annual incentive equal to 150% of base salary, and a long-term incentive opportunity with a target value of $7,225,000. He is also permitted reasonable business use and limited personal use of the company aircraft, subject to company policies. The company states there are no family relationships or related party transactions involving him that require disclosure.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): January 27, 2026
___________________________________
MONDELĒZ INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
___________________________________

Virginia
(State or other jurisdiction of incorporation)
1-16483
(Commission File Number)
52-2284372
(I.R.S. Employer Identification Number)
905 West Fulton Market, Suite 200, Chicago, IL 60607
(Address of principal executive offices, including zip code)
(847) 943-4000
(Registrant's telephone number, including area code)
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Class A Common Stock, no par valueMDLZ The Nasdaq Global Select Market
1.625% Notes due 2027MDLZ27The Nasdaq Stock Market LLC
0.250% Notes due 2028 MDLZ28The Nasdaq Stock Market LLC
0.750% Notes due 2033MDLZ33The Nasdaq Stock Market LLC
2.375% Notes due 2035MDLZ35The Nasdaq Stock Market LLC
4.500% Notes due 2035MDLZ35AThe Nasdaq Stock Market LLC
1.375% Notes due 2041MDLZ41The Nasdaq Stock Market LLC
3.875% Notes due 2045MDLZ45The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company    
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.





Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 29, 2026, Mondelēz International, Inc. (Nasdaq: MDLZ) (the “Company”) announced that Luca Zaramella has been appointed as its Chief Operating Officer, effective February 1, 2026, in addition to his role as Executive Vice President and Chief Financial Officer.

Mr. Zaramella, age 56, became Executive Vice President and Chief Financial Officer in August 2018. He previously served as Senior Vice President Corporate Finance, CFO Commercial and Treasurer from June 2016 to July 2018. He also served as Interim Lead Finance North America from April to November 2017. Prior to that, he served as Senior Vice President and Corporate Controller from December 2014 to August 2016 and Senior Vice President, Finance of Mondelēz Europe from October 2011 to November 2014. Mr. Zaramella joined the Company in 1996.

In connection with his appointment as Chief Operating Officer, the People and Compensation Committee (the “Committee”) of the Board of Directors of the Company approved the following 2026 annual compensation opportunity for Mr. Zaramella: annual base salary of $1,250,000; target annual incentive of 150% of annual base salary; and an annual long-term incentive opportunity with a target value of $7,225,000. The Committee also approved his reasonable business use and limited and reasonable personal use of the Company’s aircraft, in each case subject to the Company’s policies and procedures governing aircraft usage, as may be amended from time to time.

Mr. Zaramella was not selected pursuant to any arrangement or understanding between him and any other person. Mr. Zaramella has no family relationships with any of our directors or executive officers. There have been no related party transactions between Mondelēz and Mr. Zaramella reportable under Item 404(a) of Regulation S-K.

Item 7.01. Regulation FD Disclosure.

On January 29, 2026, the Company issued a press release announcing Mr. Zaramella’s appointment as the Company’s Chief Operating Officer, effective February 1, 2026. A copy of our press release, dated January 29, 2026, announcing Mr. Zaramella’s appointment is attached hereto as Exhibit 99.1.

The information under this Item 7.01, including Exhibit 99.1, will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that section and it will not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.


Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1
Mondelēz International, Inc. Press Release, dated January 29, 2026.
104The cover page from Mondelēz International, Inc.’s Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101).


2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


MONDELĒZ INTERNATIONAL, INC.
By:
/s/ Laura Stein
Name:
Laura Stein
Title:
Executive Vice President, Corporate & Legal Affairs, General Counsel and Corporate Secretary
Date: January 30, 2026

3

FAQ

What executive change did Mondelēz International (MDLZ) announce in this 8-K?

Mondelēz International appointed Luca Zaramella as Chief Operating Officer, effective February 1, 2026, while he continues as Executive Vice President and Chief Financial Officer. The company disclosed this leadership change along with related compensation details and a reference to an accompanying press release.

What is Luca Zaramella’s new compensation package at Mondelēz International (MDLZ)?

For 2026, Luca Zaramella will receive a $1,250,000 annual base salary, a target annual incentive of 150% of base salary, and a long-term incentive opportunity with a target value of $7,225,000, as approved by the People and Compensation Committee of the board.

What roles will Luca Zaramella hold at Mondelēz International (MDLZ) after this change?

Luca Zaramella will serve simultaneously as Chief Operating Officer and as Executive Vice President and Chief Financial Officer. He has been Executive Vice President and Chief Financial Officer since August 2018 and previously held several senior finance leadership positions within Mondelēz International.

Does Mondelēz International (MDLZ) disclose any related party transactions with Luca Zaramella?

The company states there have been no related party transactions between Mondelēz International and Luca Zaramella that are reportable under Item 404(a) of Regulation S-K. It also notes that he has no family relationships with any of the company’s directors or executive officers.

What additional perks or benefits were approved for Luca Zaramella at Mondelēz (MDLZ)?

The board’s People and Compensation Committee approved Luca Zaramella’s reasonable business use and limited, reasonable personal use of Mondelēz’s aircraft. This access is subject to the company’s policies and procedures governing aircraft usage, which may be amended from time to time by the company.

How did Mondelēz International (MDLZ) communicate Luca Zaramella’s appointment externally?

Mondelēz International issued a press release on January 29, 2026 announcing Luca Zaramella’s appointment as Chief Operating Officer. The press release is included as Exhibit 99.1, and the company notes this information is furnished under Regulation FD rather than filed for liability purposes.
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