Zaramella, who has been CFO since 2018, will assume responsibility for Mondelēz’s commercial operations across its four geographic regions, as well as corporate sales, marketing and supply chain functions. The appointment takes effect on 1 February, and the company says it has already launched a search for a successor CFO. Zaramella has played a central role in shaping Mondelēz’s growth framework and financial targets, overseeing global finance, procurement, technology and shared services. Mondelēz reported net revenues of around $36.4 billion in 2024, driven by brands including Oreo, Ritz, Cadbury Dairy Milk and Milka. “I’m honoured to step into this role for Mondelēz, expanding my focus on executional excellence and commercial performance across our organisation,” Zaramella added.