The CEO of Mondelēz International, the company behind Cadbury, is optimistic that consumers will continue to indulge in chocolate despite rising cocoa prices leading to higher costs for the popular treat. Chocolate manufacturers have raised prices significantly due to supply…
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Mondelēz
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Both Mondelēz International and Hershey have issued warnings that the persistent high cocoa prices are expected to have a negative impact on their businesses until 2025. Dirk Van de Put, CEO of Mondelēz, stated that the company is currently facing…
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Introducing new and exciting product ideas is our specialty. From intriguing to amazing to completely unexpected, we have a variety of concepts that catch our eye. Here are some highlights from the latest pitches we’ve received. Post Malone Collaborates with…
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Mondelēz International is expanding the Chips Ahoy! brand beyond cookies with the introduction of Baked Bites. Available in a Blondie variety, these square bites offer a chewy and indulgent snack option. Unlike traditional round crunchy cookies, Baked Bites are designed…
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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…
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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…
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