8-K/ALeadership Changes

Mondelez International, Inc. 8-K/A Report, Executive Changes (Dec 13, 2007)

Filed December 13, 2007For Securities:MDLZ

Summary

This filing is an amendment to a previous 8-K report filed by Kraft Foods Inc. (now Mondelez International, Inc.) on November 7, 2007. The primary purpose of this amendment is to confirm that there are no related-person transactions between Kraft Foods and its newly appointed directors, Lois D. Juliber and Frank G. Zarb, as required by Item 404(a) of Regulation S-K. This disclosure is important for investors as it clarifies potential conflicts of interest or unusual financial arrangements involving board members. The amendment also provides details regarding committee appointments for these new directors. Effective February 1, 2008, Ms. Juliber will join the Compensation Committee and the Public Affairs Committee, while Mr. Zarb will be appointed to the Audit Committee and the Public Affairs Committee. These appointments indicate the company's governance structure and the specific areas of oversight for its board members.

Key Highlights

  • 1Amendment to a prior 8-K filing regarding director appointments.
  • 2Confirmation of no related-person transactions between Kraft Foods and new directors Lois D. Juliber and Frank G. Zarb.
  • 3Disclosure adheres to Item 404(a) of Regulation S-K requirements.
  • 4Lois D. Juliber appointed to Compensation and Public Affairs Committees, effective February 1, 2008.
  • 5Frank G. Zarb appointed to Audit and Public Affairs Committees, effective February 1, 2008.
  • 6Filing date of the amendment: December 13, 2007.

Frequently Asked Questions

The main purpose of this 8-K/A filing is to amend a previous 8-K report by confirming that there are no related-person transactions between Kraft Foods Inc. (now Mondelez International, Inc.) and its recently appointed directors, Lois D. Juliber and Frank G. Zarb.

The committee assignments for Ms. Juliber (Compensation Committee and Public Affairs Committee) and Mr. Zarb (Audit Committee and Public Affairs Committee) are effective starting February 1, 2008.

The absence of related-person transactions suggests that the appointments of Ms. Juliber and Mr. Zarb to the board were based on their qualifications and the company's needs, without any pre-existing financial arrangements that could potentially create conflicts of interest or undue influence.

This report is filed by Kraft Foods Inc. (now Mondelez International, Inc.). The original Form 8-K report that this filing amends was filed on November 7, 2007.