Mondelez Appoints Amit Banati as Chief Financial Officer
Amit Banati will take over as CFO starting July 1, 2026, replacing Luca Zaramella, who will shift to Chief Operating Officer.
By the FiledFeed automated desk
This summary was generated by AI from the company's SEC filing and may contain errors — always verify against the primary source on SEC.gov.
The short version
Mondelez International announced that Amit Banati will become Executive Vice President and Chief Financial Officer effective July 1, 2026. Banati most recently served as CFO of Kenvue and previously held the same role at Kellanov (formerly Kellogg Company). Luca Zaramella, the outgoing CFO, will transition to Chief Operating Officer.
Filing impact
Filing sentiment
Mondelez International has named Amit Banati as its new Chief Financial Officer (the executive who oversees a company's money and finances), effective July 1, 2026. Banati will report to Dirk Van de Put, the company's Chair and Chief Executive Officer.
Who is Banati?
Banati most recently served as Chief Financial Officer of Kenvue, Inc., a healthcare and consumer products company. Before that, he held the same CFO role at Kellanov, which was formerly known as Kellogg Company. Earlier in his career, he worked at Kellogg as President of the Asia Pacific, Middle East and Africa region, and later became Senior Vice President and Chief Financial Officer. He also held management and financial leadership positions at Proctor & Gamble, Cadbury Schweppes, and at Kraft Foods following the Cadbury acquisition — meaning he has prior experience at what is now part of Mondelez.
Leadership Changes
Luca Zaramella, the current CFO, will transition to Chief Operating Officer (the executive who oversees daily business operations). In this new role, he will oversee the company's commercial operations, including its four geographical regions, corporate sales, marketing and supply chain functions.
Van de Put said Banati's background "will provide important perspective to our leadership team" as the company pursues its growth strategy. Van de Put also thanked Zaramella for eight years in the CFO role, saying his transition to COO will continue to benefit the company.
Key facts
- Amit Banati appointed Executive Vice President and Chief Financial Officer, effective July 1, 2026
- Banati previously served as CFO of Kenvue, Inc.
- Banati also previously served as Vice Chair and CFO of Kellanov (formerly Kellogg Company)
- Banati reported to Kellogg as President for Asia Pacific, Middle East and Africa region
- Banati worked at Proctor & Gamble, Cadbury Schweppes, and Kraft Foods earlier in his career
- Luca Zaramella will transition from CFO to Chief Operating Officer
- Zaramella served as CFO for eight years
- Mondelez International reported 2025 net revenues of approximately $38.5 billion
Why it matters
The appointment marks a significant executive transition at one of the world's largest snacking companies. Banati brings CFO experience from multiple large consumer goods and healthcare companies, plus prior exposure to Mondelez's predecessor operations. The promotion of Zaramella from CFO to COO represents an internal restructuring that separates financial oversight from operational management, which may signal a shift in how the company organizes its leadership as it pursues growth initiatives.
Frequently asked
- When does Amit Banati start as CFO?
- Amit Banati will become Chief Financial Officer effective July 1, 2026.
- What is Amit Banati's background?
- Banati most recently served as Chief Financial Officer of Kenvue, Inc. Before that, he was Vice Chair and Chief Financial Officer of Kellanov (formerly Kellogg Company). He has also held roles at Proctor & Gamble, Cadbury Schweppes, and Kraft Foods, and worked at Kellogg as President for the Asia Pacific, Middle East and Africa region.
- What happens to the previous CFO, Luca Zaramella?
- Luca Zaramella will transition from Chief Financial Officer to Chief Operating Officer, where he will oversee the company's commercial operations, including its four geographical regions, corporate sales, marketing and supply chain functions. He served as CFO for eight years.
What the filing reported
- 5.02 Departure/Election of Directors or Officers
Source
Based on Mondelez International, Inc.'s 8-K filed with the SEC on Jun 18, 2026. Read the original filing on SEC.gov ↗