Mondelez International Management

Management criteria checks 3/4

Mondelez International's CEO is Dirk Van de Put, appointed in Nov 2017, has a tenure of 6.42 years. total yearly compensation is $21.02M, comprised of 7.4% salary and 92.6% bonuses, including company stock and options. directly owns 0.077% of the company’s shares, worth $74.25M. The average tenure of the management team and the board of directors is 4.7 years and 3.9 years respectively.

Key information

Dirk Van de Put

Chief executive officer

US$21.0m

Total compensation

CEO salary percentage	7.4%
CEO tenure	6.4yrs
CEO ownership	0.08%
Management average tenure	4.7yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dirk Van de Put's remuneration changed compared to Mondelez International's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$21m	US$2m	US$5b
Sep 30 2023	n/a	n/a	US$5b
Jun 30 2023	n/a	n/a	US$4b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$18m	US$2m	US$3b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$4b
Mar 31 2022	n/a	n/a	US$4b
Dec 31 2021	US$16m	US$1m	US$4b
Sep 30 2021	n/a	n/a	US$4b
Jun 30 2021	n/a	n/a	US$4b
Mar 31 2021	n/a	n/a	US$4b
Dec 31 2020	US$17m	US$1m	US$4b
Sep 30 2020	n/a	n/a	US$3b
Jun 30 2020	n/a	n/a	US$3b
Mar 31 2020	n/a	n/a	US$4b
Dec 31 2019	US$18m	US$1m	US$4b
Sep 30 2019	n/a	n/a	US$4b
Jun 30 2019	n/a	n/a	US$4b
Mar 31 2019	n/a	n/a	US$3b
Dec 31 2018	US$15m	US$1m	US$3b
Sep 30 2018	n/a	n/a	US$3b
Jun 30 2018	n/a	n/a	US$3b
Mar 31 2018	n/a	n/a	US$3b
Dec 31 2017	US$42m	US$163k	US$3b

Compensation vs Market: Dirk's total compensation ($USD21.02M) is above average for companies of similar size in the CL market ($USD6.04M).

Compensation vs Earnings: Dirk's compensation has been consistent with company performance over the past year.

CEO

Dirk Van de Put (62 yo)

6.4yrs

Tenure

US$21,018,175

Compensation

Mr. Dirk Van de Put has been Chief Executive Officer of Mondelez International, Inc. since November 20, 2017 and is its Chairman since April 01, 2018. Mr. Van de Put served as the Chief Executive Officer a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dirk Van de Put	Chairman & CEO	6.4yrs	US$21.02m	0.077% $ 74.3m
Luca Zaramella	Executive VP & CFO	5.7yrs	US$7.97m	0.020% $ 18.7m
Laura Stein	Executive VP of Corporate & Legal Affairs	3.3yrs	US$4.00m	0.0043% $ 4.1m
Vinzenz Gruber	Executive VP & President of Europe	5.3yrs	US$8.76m	0.020% $ 19.4m
Gustavo Valle	Executive VP & President of North America	4.2yrs	US$4.47m	0.0033% $ 3.2m
Michael Call	Senior VP	2.6yrs	no data	0.0011% $ 1.1m
Javier Polit	Chief Information & Digital Officer	4.1yrs	no data	no data
Shep Dunlap	Vice President of Investor Relations	no data	no data	no data
Ellen Smith	Senior VP	no data	no data	no data
Mohit Bhalla	Vice President of Corporate Development	8.8yrs	no data	no data
Martin Renaud	Executive VP and Chief Marketing & Sales Officer	6.1yrs	no data	no data
Stephanie Lilak	Executive VP & Chief People Officer	less than a year	no data	no data

4.7yrs

Average Tenure

56yo

Average Age

Experienced Management: MDLZ's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dirk Van de Put	Chairman & CEO	6.4yrs	US$21.02m	0.077% $ 74.3m
Patrick Thomas Siewert	Lead Independent Director	11.5yrs	US$345.06k	0% $ 0
Charles Bunch	Independent Director	7.6yrs	US$335.06k	0.0011% $ 1.0m
Ertharin Cousin	Independent Director	2.3yrs	US$306.06k	0% $ 0
Michael Todman	Independent Director	3.9yrs	US$323.17k	0% $ 0
Lewis Booth	Independent Director	11.5yrs	US$340.06k	0.0012% $ 1.1m
Jorge Mesquita	Independent Director	11.9yrs	US$300.06k	0.00048% $ 460.4k
Anindita Mukherjee	Independent Director	1.3yrs	US$379.23k	0% $ 0
Jane Nielsen	Independent Director	2.9yrs	US$312.48k	0% $ 0
Cees ´t Hart	Independent Director	less than a year	US$223.53k	0% $ 0
Brian McNamara	Independent Director	less than a year	no data	0% $ 0

3.9yrs

Average Tenure

65yo

Average Age

Experienced Board: MDLZ's board of directors are considered experienced (3.9 years average tenure).

Mondelez International Management

Management criteria checks 3/4

Key information

Recent management updates

Mondelez International, Inc., Annual General Meeting, May 22, 2024

High number of new directors

Mondelez International Appoints Brian McNamarato to Board of Directors

Mondelez International, Inc Appoints Stephanie Lilak Executive Vice President and Chief People Officer, Effective January 15, 2024

Mondelez International, Inc. Appoints Cees ‘t Hart to Board of Directors

Mondelez International, Inc. Announces Maurizio Brusadelli, Executive Vice President and President Leaves the Company

Recent updates

RITZ Brand Introduces Limited Edition Buttery-er Flavored Crackers Along with the Chance to Strike Gold

Mondelez International, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Mondelez International, Inc., Annual General Meeting, May 22, 2024

Upcoming dividend of US$0.42 per share

Mondelez International, Inc. Announces RITZ Toasted Chips Is Heating Up March Madness® with Two New Flavors

High number of new directors

Fourth quarter dividend of US$0.42 announced

Mondelez International Appoints Brian McNamarato to Board of Directors

Full year 2023 earnings released: EPS: US$3.64 (vs US$1.97 in FY 2022)

Mondelez International, Inc. to Report Q4, 2023 Results on Jan 30, 2024

Upcoming dividend of US$0.42 per share at 2.5% yield

Mondelez International, Inc Appoints Stephanie Lilak Executive Vice President and Chief People Officer, Effective January 15, 2024

Mondelez International, Inc. Declares Regular Quarterly Dividend, Payable on January 12, 2024

Third quarter 2023 earnings released: EPS: US$0.72 (vs US$0.39 in 3Q 2022)

Mondelez International, Inc. Revises Net Revenue Guidance for the Year 2023

Mondelez International, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Mondelez International Unveils New Toblerone Brand Platform and Premium Offerings in Key Markets

Upcoming dividend of US$0.42 per share at 2.4% yield

Second quarter 2023 earnings released: EPS: US$0.69 (vs US$0.54 in 2Q 2022)

Mondelez International, Inc. Appoints Cees ‘t Hart to Board of Directors

Mondelez International, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Oreo Brands Up with New Limited-Edition Cookies Inspired by the World of Super Mario

Upcoming dividend of US$0.39 per share at 2.1% yield

Mondelez International, Inc. Declares Regular Quarterly Dividend, Payable on July 14, 2023

Mondelez International, Inc. Announces Maurizio Brusadelli, Executive Vice President and President Leaves the Company

First quarter 2023 earnings released: EPS: US$1.52 (vs US$0.62 in 1Q 2022)

Upcoming dividend of US$0.39 per share at 2.3% yield

Insider recently sold US$1.4m worth of stock

Mondelez International, Inc. Appoints Anindita (Ann) Mukherjee as Member of the Governance, Membership and Sustainability Committee and A Member of the People and Compensation Committee

Mondelez International, Inc., Annual General Meeting, May 17, 2023

Mondelez International, Inc. Declares Regular Quarterly Dividend, Payable on April 14, 2023

Full year 2022 earnings released: EPS: US$1.97 (vs US$3.07 in FY 2021)

Mondelez International, Inc. Provides Earnings Guidance for the Year 2023

Oreo Introduces A New Limited-Edition Cookie, The Most OREO OREO

Mondelez International, Inc. to Report Q4, 2022 Results on Jan 31, 2023

Upcoming dividend of US$0.39 per share

Perfetti Van Melle Group B.V. entered into definitive agreement to acquire the developed market gum business of Mondelez International, Inc. for $1.4 billion.

Perfetti Van Melle Group B.V. entered into definitive agreement to acquire the developed market gum business of Mondelez International, Inc. for $1.4 billion.

Mondelez International, Inc. Appoints Ann Mukherjee to Board of Directors, Effective January 1, 2023

Mondelez International, Inc. Declares a Regular Quarterly Dividend, Payable on January 13, 2023

Insider recently sold US$1.2m worth of stock

Mondelez International Brings the Vegan Cadbury Plant Bar to Canada

Third quarter 2022 earnings released: EPS: US$0.39 (vs US$0.90 in 3Q 2021)

Mondelez International, Inc. Updates Earnings Guidance for the Fiscal Year 2022

Mondelez International, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Upcoming dividend of US$0.39 per share

Mondelez International, Inc. (NasdaqGS:MDLZ) completed the acquisition of Clif Bar & Company.

Mondelez International, Inc. (NasdaqGS:MDLZ) completed the acquisition of Clif Bar & Company.

Mondelez International, Inc. Updates Revenue Guidance for the Year Fiscal 2022

Second quarter 2022 earnings released: EPS: US$0.54 (vs US$0.77 in 2Q 2021)

Mondelez International, Inc. to Report Q2, 2022 Results on Jul 26, 2022

Mondelez International, Inc. (NasdaqGS:MDLZ) agreed to acquire Clif Bar & Company for $2.9 billion.

Upcoming dividend of US$0.35 per share

Mondelez International, Inc. (NasdaqGS:MDLZ) agreed to acquire Clif Bar & Company.

Now 23% undervalued after recent price drop

Mondelez International, Inc. Declares Regular Quarterly Dividend, Payable on July 14, 2022

Insider recently sold US$2.0m worth of stock

First quarter 2022 earnings released: EPS: US$0.62 (vs US$0.68 in 1Q 2021)

Mondelez International, Inc. Announces Impairment Charges for the First Quarter of 2022

Mondelez International, Inc. (NasdaqGS:MDLZ) entered into an agreement to acquire Confectionery Business from Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A) for approximately $1.3 billion.

Mondelez International, Inc. to Report Q1, 2022 Results on Apr 26, 2022

Mondelez International, Inc., Annual General Meeting, May 18, 2022

Upcoming dividend of US$0.35 per share

Insider recently sold US$1.7m worth of stock

Mondelez International, Inc. Announces Departure of Glen Walter as Executive Vice President and President, North America, Effective March 1, 2022

Mondelez International, Inc. Announces Retirement of Glen Walter as Executive Vice President and President, North America, Effective March 1, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Mondelez International, Inc. (NasdaqGS:MDLZ) completed the acquisition of Chipita S.A.

Upcoming dividend of US$0.35 per share