Management

Mondelēz names Gustavo Valle EVP and president of NA business

Feb. 23, 2022

Source Mondelēz International Inc.

Mondelēz International Inc. appointed Gustavo Valle, 57, executive vice president and president of its North American territory, effective March 1. In his new role, Valle will be responsible for leading the company’s $8.3 billion business in the United States and Canada.

Valle joined the CPG in January 2020 as executive vice president of its Latin America business.

Mondelēz's iconic brands include Oreo and belVita biscuits, Triscuit and Ritz crackers, Trident gum and Sour Patch Kids candy.

Kraft Heinz chief executive Miguel Patricio is expected to be elected chair of the board of directors at Kraft Heinz's 2022 annual meeting of stockholders.

Management

Kraft Heinz Q4 net sales slide; CEO Miguel Patricio to become chair

Feb. 19, 2022

Kraft Heinz Co., a maker of more than 200 retail products and foodservice condiments, said its net sales decreased 3.3% in the fourth quarter of 2021, versus the year-ago period...