8-KLeadership Changes

Mondelez International, Inc. 8-K Report, Executive Changes (Oct 6, 2009)

Filed October 6, 2009For Securities:MDLZ

Summary

This Form 8-K filing from Kraft Foods Inc. (the predecessor to Mondelez International) on October 6, 2009, announces a key executive appointment. The company appointed Kim Harris Jones as Senior Vice President and Corporate Controller, effective November 9, 2009. Ms. Jones brings a wealth of financial experience, having joined Kraft Foods earlier in 2009 and previously holding significant controller and finance roles at Chrysler Group LLC. This appointment is significant for investors as it indicates a strengthening of Kraft Foods' financial leadership team. The addition of Ms. Jones, with her extensive background in corporate finance and controllership, suggests a focus on robust financial management and internal controls, which are crucial for maintaining investor confidence and ensuring operational efficiency, especially within a large, complex organization like Kraft Foods at that time.

Key Highlights

  • 1Kraft Foods Inc. appointed Kim Harris Jones as Senior Vice President and Corporate Controller.
  • 2The effective date of Ms. Jones' appointment is November 9, 2009.
  • 3Ms. Jones joined Kraft Foods in June 2009, prior to this appointment.
  • 4Ms. Jones has a strong financial background, including previous roles at Chrysler Group LLC.
  • 5Her prior roles at Chrysler Group included Senior Vice President - Corporate Controller & Auditor.
  • 6There are no disclosed family relationships or reportable related party transactions between Ms. Jones and Kraft Foods' directors or executive officers.

Frequently Asked Questions

Kim Harris Jones has been appointed as the new Senior Vice President and Corporate Controller of Kraft Foods Inc., effective November 9, 2009. She has been with Kraft Foods since June 2009.

Ms. Jones has significant experience in corporate finance and controllership. Prior to joining Kraft Foods, she held senior financial leadership positions at Chrysler Group LLC for many years, including Senior Vice President - Corporate Controller & Auditor.

The appointment of a qualified Corporate Controller like Ms. Jones signals a commitment to strong financial oversight and management. Investors often view such appointments positively as they contribute to financial transparency, stability, and effective governance within the company.

No, the filing explicitly states that Ms. Jones has no family relationships with Kraft Foods' directors or executive officers, and there are no disclosed related party transactions reportable under Item 404(a) of Regulation S-K.