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Irene Rosenfeld

Mondelez hires Coke exec as North America chief

Mondelez hires Coke exec as North America chief

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

Mondelez ceases pursuit of Hershey

Mondelez ceases pursuit of Hershey

DEERFIELD, Ill. — Mondelez International Inc. said it has ended talks with The Hershey Co. regarding a possible combination of the two companies. In June, Mondelez had made a proposal to acquire Hershey in a cash-and-stock deal valued at about $23 billion, a combination that would have created the world’s largest candy maker. Hershey’s board,

Mondelez makes strides in social media, ‘well-being’ snacks

Mondelez makes strides in social media, ‘well-being’ snacks

DEERFIELD, Ill. — Mondelez International has renewed its global partnership with Facebook and moved forward in efforts to make its snacks more healthful. Mondelez said this week that it’s working with Facebook to innovate around consumer insights and the Messenger platform to create more meaningful mobile-first experiences between people and brands. “People are living their

Keurig Green Mountain to go private in buyout

Keurig Green Mountain to go private in buyout

WATERBURY, Vt. — Keurig Green Mountain Inc. is slated to go private in a $13.9 billion buyout deal by a JAB Holding Co.-led investor group. The companies said Monday that the investor group plans to acquire Keurig Green Mountain for $92 per share in cash, which represents a premium of 77.9% over the coffee giant’s

Inclusive approach creates competitive edge

Many of the boldface names in the retail and consumer products sectors belong to women. Helena Foulkes is president of CVS/pharmacy, the drug chain where Judy Sansone is chief merchant. Kathee Tesija holds the latter position at Target, and Michelle Gloeckler runs Walmart’s consumables business and heads up the company’s U.S. Manufacturing initiative. Delhaize America