DEERFIELD, Ill. — Beverage industry veteran Glen Walter is joining Mondelez International as executive vice president and president of North America.
The snack and confections giant said Walter, slated to start at the company next month, will lead its $7 billion U.S. and Canadian business, which includes such well-known as Oreo and belVita biscuits, Triscuit and Good Thins crackers, Trident gum and Halls cough drops.
Walter will take over from Tim Cofer, who stepped into the North American leadership role on an interim basis in April.
“I’m thrilled to join Mondelez International and begin working with the leadership team to grow the North American business on both the top and bottom lines,” Walter said in a statement. “I look forward to collaborating with my new colleagues to shape the future for our unparalleled portfolio of iconic brands.”
Walter comes to Mondelez from Coca-Cola Co., where he has served in various leadership roles over the past decade. He has been chief executive officer of Coca-Cola Industries China since 2014 and, before that, held the post of president and chief operating officer for Coca-Cola North America.
Prior to joined Coca-Cola, Walter served as president of InBevUSA in addition to various general management and M&A roles at InBev and Interbrew. Previously, he was general manager at Pearce Beverage Co. and began his career in sales and marketing at E.J. Gallo Winery Inc.
“Glen is an inspirational leader with an impressive track record of building brands and driving growth in North America and beyond,” stated chairman and CEO Irene Rosenfeld. “His deep operating experience in complex businesses, including a strong focus on sales excellence, make him a terrific leader for our North America region. I’m delighted to welcome Glen to the Mondelez International family.”
With Walter’s appointment, Cofer will return full-time to his duties as chief growth officer, Mondelez said.
“I’m thankful for Tim’s efforts in leading the North America business in addition to his critically important role as chief growth officer,” Rosenfeld added. “In his brief time in the region, Tim has driven a new level of discipline across the business while generating strong plans for future growth and executional excellence.”