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Mondelez International logoMondelez International MDLZ

The company said Vince Gruber, its Executive Vice President and President, Europe, informed it on November 29, 2024 that he will retire from Mondelēz International effective April 1, 2025.

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

Key points

AI summary
  1. The company said Vince Gruber, its Executive Vice President and President, Europe, informed it on November 29, 2024 that he will retire from Mondelēz International effective April 1, 2025.

  2. The company announced that it has appointed Volker Kuhn as Executive Vice President and President, Europe, effective December 3, 2024. Kuhn will report directly to Chair and Chief Executive Officer Dirk Van de Put, the company said. The appointment takes effect on April 1, 2025.

  3. Mondelēz said Kuhn will join the company on January 6, 2025 and will work with Gruber to ensure a smooth transition.

  4. Mondelēz said Kuhn came from Reckitt's hygiene business and previously served as Reckitt's Chief Transformation Officer. He spent 26 years at Procter & Gamble and led the Pringles Snacks division in Europe for 10 years.

Summary

AI-written

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

Vince Gruber Retirement Notice

The company said Vince Gruber, its Executive Vice President and President, Europe, informed it on November 29, 2024 that he will retire from Mondelēz International effective April 1, 2025.

Source · Based on the filing body and exhibits

Volker Kuhn Named President, Europe

The company announced that it has appointed Volker Kuhn as Executive Vice President and President, Europe, effective December 3, 2024. Kuhn will report directly to Chair and Chief Executive Officer Dirk Van de Put, the company said. The appointment takes effect on April 1, 2025.

Source · Based on the filing body and exhibits

Kuhn Start Date and Transition

Mondelēz said Kuhn will join the company on January 6, 2025 and will work with Gruber to ensure a smooth transition.

Source · Based on the filing body and exhibits

Kuhn's Career Background

Mondelēz said Kuhn came from Reckitt's hygiene business and previously served as Reckitt's Chief Transformation Officer. He spent 26 years at Procter & Gamble and led the Pringles Snacks division in Europe for 10 years.

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.

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.