The two, separated entities of the Battle Creek, Michigan-headquartered behemoth have unveiled their respective strategies, capital structures and financial outlooks ahead of the split during the fourth quarter of 2023.
Mondelēz International Chairman and Chief Executive Officer Dirk Van de Put said he was “very encouraged” by its financial performance, after the company reported better-than-expected quarterly results as consumers stocked candies and cookies at home...
The maker of Mr Kipling cakes has announced a strategic shake-up that includes the sale of its Ambrosia custard brand, a £10m ($12.9m) Brexit stockpiling plan and the departure of its under-fire boss.
