Mondelez International Inc. is preparing to look for a successor to its chief executive, Irene Rosenfeld, as the snack giant faces pressure from restive shareholders and the broad shift to healthier eating habits.
The maker of Oreo cookies, Trident gum and Ritz crackers has retained executive-search firm Heidrick & Struggles International Inc., to help with the transfer of power, and its board recently has discussed external candidates who could replace Rosenfeld, people familiar with the matter said.
Heidrick & Struggles hasn’t yet been asked to interview prospects, and succession timing is up to Rosenfeld, who is also chairman, some of the people said.
Rosenfeld, who has run Mondelez or its predecessor since 2006 and turns 64 next month, said in an interview in late February that she had no current plans to leave her post. She noted that Mondelez had no mandatory retirement age and said she was focused on running the company and doing what was best for shareholders.
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Date: April 12, 2017