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Mondelez International, Inc. ( / ˈmɒndəˌliːz / MON-də-LEEZ ), [3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [5]
Canada 1987 Sold to Hershey's: Owned by Wm. Wrigley Jr. Company: Life Savers: Confectionery United States 2005 Sold to Wm. Wrigley Jr. Company: Light N' Lively: Dairy North America 1993 Sold to Unilever: Light N' Lively: Dairy North America Sold to CoolBrands International: Milk-Bone: Dog treat North America 2006 Sold to Del Monte Foods
The pressure to cut American jobs in Mondelez was linked to Bill Ackman, a hedge-fund billionaire who purchased a 7.5 percent stake in Mondelez, and is believed to have pushed for cost cutting. In 2015, Mondelez International, the parent company of Nabisco, announced that it was laying off workers at factories in Chicago and Philadelphia.
Mondelez International reported earnings after the market closed on Wednesday. Here's what you need to know about the company's recent results. Expectations disappoint, but sweeter outlook for ...
Irene Blecker Rosenfeld (born May 3, 1953) [2] is an American businesswoman who was the chairman and chief executive officer (CEO) of Mondelēz International. [3] Rosenfeld's career began at Dancer Fitzgerald Sample, a New York City advertising agency. She later joined General Foods consumer research, and then led Frito-Lay as CEO and chairwoman.
Mondelez, the maker of Oreo and Cadbury Dairy Milk chocolate, has been fined €337.5 million ($366 million) for hindering the trade of chocolate, cookies and coffee between European Union countries.
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