Mondelēz International announced on January 29, 2026 that it appointed Luca Zaramella as Chief Operating Officer, effective February 1, 2026. He will continue in his role as Executive Vice President and Chief Financial Officer.

1. 01

   Mondelēz International announced on January 29, 2026 that it appointed Luca Zaramella as Chief Operating Officer, effective February 1, 2026. He will continue in his role as Executive Vice President and Chief Financial Officer.

2. 02

   The company said that as COO, Zaramella will have responsibility for commercial operations in 4 geographical regions as well as corporate sales, marketing and supply chain functions, and will continue to report directly to Chair and Chief Executive Officer Dirk Van de Put. The company is conducting a search for the Chief Financial Officer position and expects to announce a successor at a later date.

3. 03

   Mondelēz said the People and Compensation Committee approved 2026 annual compensation for Zaramella consisting of an annual base salary of $1,250,000, a target annual incentive of 150% of annual base salary, and an annual long-term incentive opportunity with a target value of $7,225,000. The company also approved his reasonable business use and limited and reasonable personal use of the company's aircraft.

4. 04

   The company said Zaramella, age 56, joined the company in 1996 and has served as Executive Vice President and Chief Financial Officer since August 2018. It said he was not selected pursuant to any arrangement or understanding between him and any other person, has no family relationships with any directors or executive officers, and there have been no related party transactions between Mondelēz and him reportable under Item 404(a).

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Original filing

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