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Mondelez International logoMondelez International MDLZ

The company said it appointed Brian Stevens as Senior Vice President, Corporate Controller & Chief Accounting Officer, effective February 10, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary

  1. The company said it appointed Brian Stevens as Senior Vice President, Corporate Controller & Chief Accounting Officer, effective February 10, 2025.

  2. The company said Michael Call, the principal accounting officer since August 2021, will continue as Chief Accounting Officer until Stevens’ appointment takes effect, and will become Senior Vice President, Finance for North America starting February 10, 2025.

  3. Mondelez said Stevens, 50, served as Senior Vice President, Chief Accounting Officer and Controller at Baxter International from December 2018 to September 2024, with annual base salary of $545,900 and a target annual incentive of 65% of base salary.

  4. The company said Stevens will receive an annual equity grant with a target value of $550,000, split 75% in performance share units and 25% in stock options.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Brian Stevens Appointed Chief Accounting Officer

The company said it appointed Brian Stevens as Senior Vice President, Corporate Controller & Chief Accounting Officer, effective February 10, 2025.

Source · Based on the filing body and exhibits

Michael Call’s Role Change

The company said Michael Call, the principal accounting officer since August 2021, will continue as Chief Accounting Officer until Stevens’ appointment takes effect, and will become Senior Vice President, Finance for North America starting February 10, 2025.

Source · Based on the filing body and exhibits

Stevens’ Background and Compensation Terms

Mondelez said Stevens, 50, served as Senior Vice President, Chief Accounting Officer and Controller at Baxter International from December 2018 to September 2024, with annual base salary of $545,900 and a target annual incentive of 65% of base salary.

Source · Based on the filing body and exhibits

Stevens’ Equity Award Structure

The company said Stevens will receive an annual equity grant with a target value of $550,000, split 75% in performance share units and 25% in stock options.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗
Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.