The Traderszone Network

Published in TZ Latest News 6 August, 2017 by The TZ Newswire Staff

What It Means for Mondelez That CEO Irene Rosenfeld Is Leaving

In this Market Foolery segment, host Chris Hill and Motley Fool Funds’ Bill Barker attempt to read the tea leaves around the departure of Mondelez‘s (NASDAQ: MDLZ) longtime CEO. Her replacement is Dirk Van de Put, the head of privately held Canadian frozen-foods player McCain Foods. The packaged-foods segment as a whole has been doing tepidly in the past few years, and even within that, Mondelez stock has underperformed.

read more