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. So what could Van de Put have in mind to shake things up and bring the company some adrenalin?
A full transcript follows the video.
Source: Fool.com
Mondelez International Inc. A Stock
€63.56
-1.290%
The stock is an absolute favorite of our community with 29 Buy predictions and no Sell predictions.
With a target price of 73 € there is a slightly positive potential of 14.85% for Mondelez International Inc. A compared to the current price of 63.56 €.
