Mondelēz International Names Luca Zaramella as Chief Financial Officer

Mondelēz International has announced that Luca Zaramella, 49, senior vice president of corporate finance and a 20-year veteran of the company, will become employee value proposition (EVP), Chief Financial Officer (CFO), effective August 1.

As CFO, Zaramella will be responsible for the company’s global finance, information and technology solutions and shared services functions. He will report directly to Dirk Van de Put, chairman and CEO, and will be a member of the Mondelēz International leadership team.

Zaramella will replace Brian Gladden, who will leave the company in August. After 10 years as a public company CFO, Gladden has decided to pursue an opportunity outside of the Fast Moving Consumer Goods sector.

“Luca is a strong financial and strategic leader who possesses deep knowledge of our commercial business at a local level around the world, and deep financial expertise,” said Van de Put. “He has been developed to take on this role for many years and has been closely involved in the development of our new strategic framework. I feel fortunate to have such an experienced executive move seamlessly into the CFO role, and I’m excited to partner with him as we deliver on our new long-term strategy and drive shareholder value creation.”

With more than 20 years of broad financial experience in both emerging and developed markets, Zaramella has an intimate knowledge of the company’s business across products, markets, operations, competitors and customers, according to the announcement.