Mondelēz International appoints Amit Banati as CFO
Mondelēz International named Amit Banati Executive Vice President and CFO, effective July 1, 2026, reporting to Chair and CEO Dirk Van de Put. Luca Zaramella transitions to Executive Vice President and COO, focusing on commercial operations. Banati joins from Kenvue, Inc., bringing extensive experience from Kellanova and Kellogg.
*this image is generated using AI for illustrative purposes only.
Mondelēz International appointed Amit Banati as Executive Vice President and Chief Financial Officer, effective July 1, 2026. He will report directly to Dirk Van de Put, Chair and Chief Executive Officer, and join the Mondelēz International Leadership Team. This leadership change aims to strengthen the company's financial strategy and commercial operations as it pursues its strategic growth agenda.
Following Banati's appointment, Luca Zaramella will transition to the role of Executive Vice President and Chief Operating Officer. Zaramella will focus his leadership on the company's commercial operations, including its four geographical regions, corporate sales, marketing, and supply chain functions. Van de Put highlighted Zaramella's eight-year tenure as CFO, during which he played a pivotal role in shaping the company's financial strategy.
Banati most recently served as Chief Financial Officer of Kenvue, Inc. Prior to that, he was Vice Chair and Chief Financial Officer of Kellanova, formerly Kellogg Company. He began his career at Kellogg as President for the Asia Pacific, Middle East and Africa region, driving regional growth and transformation before being promoted to Senior Vice President and Chief Financial Officer. Before Kellogg, he held leadership roles at Proctor & Gamble, Cadbury Schweppes, and Mondelēz predecessor company Kraft Foods following the Cadbury acquisition.
Van de Put emphasized Banati's extensive experience, stating that his track record of delivering results and building talent across large, global businesses will provide important perspective to the leadership team. Banati expressed his delight in rejoining Mondelēz International, citing the company's iconic portfolio, advantaged global footprint, and talented team. He looks forward to advancing the company's strategy and achieving its growth potential.
Key Appointments
| Name | New Role | Previous Role | Effective Date |
|---|---|---|---|
| Amit Banati | Executive Vice President and Chief Financial Officer | Chief Financial Officer, Kenvue, Inc. | July 1, 2026 |
| Luca Zaramella | Executive Vice President and Chief Operating Officer | Executive Vice President and Chief Financial Officer | July 1, 2026 |
Mondelēz International, Inc. reported 2025 net revenues of approximately $38.5 billion. The company empowers people to snack right in over 150 countries with brands such as Oreo, Ritz, LU, Clif Bar, Tate's Bake Shop, Cadbury Dairy Milk, Milka, and Toblerone.
How will the separation of CFO and COO duties impact Mondelēz's operational efficiency and financial reporting structure?
What specific strategic shifts can investors expect under Banati's financial leadership given his background at Kenvue and Kellanova?
Will this leadership reorganization lead to changes in capital allocation priorities such as M&A or share buybacks?
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