Summary
Mondelez International, Inc. (MDLZ) announced a key executive transition within its finance department through an 8-K filing on August 24, 2021, with an effective date of September 15, 2021. The company appointed Michael A. Call as its new Vice President, Corporate Controller and Chief Accounting Officer. This appointment signifies a strategic move to align leadership within the financial reporting and accounting functions of the organization.
Key Highlights
- 1Michael A. Call appointed as Vice President, Corporate Controller and Chief Accounting Officer, effective September 15, 2021.
- 2Nelson Urdaneta, the current principal accounting officer, will transition to Senior Vice President, Tax & Treasury and Treasurer.
- 3Mr. Call has prior experience within Mondelez, having served as Vice President, Treasury Global and Treasurer since November 2018.
- 4The transition involves a leadership change in a critical financial role, impacting accounting and financial reporting oversight.
- 5No material changes to Mr. Call's compensation were disclosed in relation to his new role.
- 6Mr. Call's appointment was not based on any specific arrangement or understanding with other parties.
- 7There are no disclosed family relationships or reportable related party transactions between Mr. Call and the company.