Mondelēz International has announced the appointment of Amit Banati as the new Executive Vice President (EVP) and Chief Financial Officer (CFO). This leadership change takes effect on July 1, 2026.
Amit Banati Takes the Helm as CFO
Amit Banati joins Mondelēz with over 30 years of extensive experience in global consumer finance. Previously, he held the CFO position at Kenvue, Inc. His impressive career also includes senior roles at Kellanova, Proctor & Gamble, and Cadbury Schweppes.
Leadership Transition
Banati succeeds Luca Zaramella, who will transition to the role of Chief Operating Officer (COO). Zaramella has contributed significantly as CFO over the past eight years, shaping the company’s financial strategy.
- Name: Amit Banati
- Position: EVP and CFO
- Effective Date: July 1, 2026
- Predecessor: Luca Zaramella (now COO)
Strategic Vision and Goals
CEO Dirk Van de Put expressed confidence in Banati’s capabilities, highlighting his blend of financial leadership and global market experience. This appointment reflects Mondelēz’s commitment to continuity and cost discipline while focusing on profitable growth.
Banati commented on his excitement to return, emphasizing the company’s iconic portfolio and talented team. He stated his goal is to advance the company’s strategy and tap into significant growth potential.
Mondelēz’s Focus on Growth
The leadership shift signifies a strategic prioritization of sustained growth amidst a complex financial landscape. Banati’s expertise, particularly in emerging markets, is expected to play a vital role in navigating future challenges.
Upcoming Events
In related news, Mondelēz International will participate in the ‘Taste and Texture’ broadcast on June 17, 2026. This event will cover trends in confectionery innovation and feature experts from various leading brands, including Mondelēz.
- Event: Taste and Texture Broadcast
- Date: June 17, 2026
- Time: 3 PM BST (10 AM EST)
- Speakers Include:
- Norberto Chaclin, Chief R&D Officer, Mondelēz International
- Thomas Chatenier, Global President, Nutella
- Fabio Mora, Senior VP of Open Innovation, Ferrero
- Alisia Heath, VP of Research & Development, NotCo AI
- Honorata Jarocka, Associate Principal, Mintel
For those interested, registration for this event is free, offering insights into the future of taste and texture within the confectionery industry.
