MNCs change tack as Mondelez, Nestle and P&G face investor pressure

Go back to basics to focus on profitability, margins and shedding non-core assets

VIiveat Susan Pinto  |  Mumbai 

The international corporate world was in for a surprise on Wednesday when Mondelez’s long-standing chief executive officer (CEO), Irene Rosenfeld, announced she was stepping down from her position.  Counted among the most powerful women CEOs in America, Rosenfeld’s exit came at a time when talk about a possible merger with Warren-Buffett-led Kraft-Heinz has been growing. The new CEO, Dirk Van de Put, is expected to put a new blueprint in place as the maker of Cadbury chocolates and Oreo cookies struggles to grow across categories. Investor pressure to ...

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