Mondelez International names new CFO

Mondelez International said Luca Zaramella, 49, senior vice president of corporate finance and a 20-year veteran of the company, will become chief financial officer, effective Aug. 1.

As CFO, Zaramella will be responsible for the oversight of the company's global finance, information and technology solutions and shared services functions. He will report directly to Chairman, CEO Dirk Van de Put and will be a member of the Mondelez International leadership team. Zaramella will replace Brian Gladden, who will leave the company in August. After 10 years as a public company CFO, Gladden has decided to pursue an opportunity outside of the consumer goods sector.

"Luca is a strong financial and strategic leader who possesses deep knowledge of our commercial business at a local level around the world, and deep financial expertise," Van de Put said. "He has been developed to take on this role for many years and has been closely involved in the development of our new strategic framework. I feel fortunate to have such an experienced executive move seamlessly into the CFO role, and I'm excited to partner with him as we deliver on our new long-term strategy and drive shareholder value creation."

He added, "I want to thank Brian for his many contributions to our company, including helping with my transition into the CEO role. We wish him all the best in this exciting new chapter of his career and appreciate his commitment to helping prepare Luca for this role."