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Mondelez Elevates CFO Luca Zaramella to Chief Operating Officer

Story Highlights
  • Mondelēz expanded CFO Luca Zaramella’s role to Chief Operating Officer, centralizing oversight of global commercial, sales, marketing and supply chain operations.
  • The appointment, effective February 1, 2026, and a sizable updated pay package highlight Mondelēz’s push for stronger execution and agile growth-focused leadership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mondelez Elevates CFO Luca Zaramella to Chief Operating Officer

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The latest update is out from Mondelez International ( (MDLZ) ).

On January 29, 2026, Mondelēz International announced that longtime finance executive Luca Zaramella has been appointed Chief Operating Officer effective February 1, 2026, while retaining his role as Executive Vice President and Chief Financial Officer until a successor CFO is named. In his expanded remit, Zaramella will oversee commercial operations across the company’s four geographic regions as well as corporate sales, marketing and supply chain functions, consolidating key operational and financial responsibilities under a single leader. The board’s People and Compensation Committee set his 2026 compensation package, including a $1.25 million base salary, a target annual incentive equal to 150% of base pay, and a long-term incentive opportunity valued at $7.225 million, and approved limited business and personal use of the company aircraft in line with corporate policy. With nearly three decades at Mondelēz and a track record leading global finance, procurement, IT and shared services, the move underscores management’s focus on executional excellence and operational agility as it pursues its growth agenda, without any related-party, familial or special arrangement issues flagged around the appointment.

The most recent analyst rating on (MDLZ) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Mondelez International stock, see the MDLZ Stock Forecast page.

Spark’s Take on MDLZ Stock

According to Spark, TipRanks’ AI Analyst, MDLZ is a Neutral.

Mondelez International’s overall stock score reflects a combination of steady revenue growth and strategic initiatives in emerging markets, offset by challenges in margin pressure and leverage. Technical indicators suggest a bearish trend, and valuation metrics do not indicate a strong buying opportunity. The mixed sentiment from the earnings call further contributes to a cautious outlook.

To see Spark’s full report on MDLZ stock, click here.

More about Mondelez International

Mondelēz International, Inc. is a global snacking company operating in more than 150 countries, with 2024 net revenues of about $36.4 billion. It leads the biscuits, baked snacks and chocolate segments through iconic global and local brands such as Oreo, Ritz, LU, Clif Bar, Tate’s Bake Shop, Cadbury Dairy Milk, Milka and Toblerone, and is positioned as a sustainability-focused player, including membership in the Dow Jones Best-in-Class North America and World Indices.

Average Trading Volume: 10,874,329

Technical Sentiment Signal: Sell

Current Market Cap: $74.49B

Find detailed analytics on MDLZ stock on TipRanks’ Stock Analysis page.

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