Dive Brief: Mondelēz International’s SnackFutures Ventures, a venture capital arm of the company, was one of the investors in a $4.5 million financing round for Celleste Bio, a producer of cell-cultured cocoa ingredients. The investment was led by Supply Change…
Mondelēz
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Snack company Mondelēz International is introducing new “value” options to its product range as consumer perception of value shifts due to rising prices. During an earnings call, Mondelēz CEO Dirk Van de Put explained that value now encompasses overall affordability…
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New Leadership at Mondelēz International: Food giant Mondelēz International has announced the appointment of Filippo Catalano as their new chief information and digital officer. According to the company’s statement, Catalano will be joining later this year and will report directly…
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Food News
From meatballs to deli dominance: How a former Mondelēz exec is building a $1B food company
When Adam Michaels got a surprise call in early 2022 about the CEO position at Mama Mancini’s, a small prepared food company, he was initially uninterested. The CPG veteran was content at Mondelēz International, orchestrating multi-million-dollar deals for the Oreo…