Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ Companies / Mondelez India announces management changes
BackBack

Mondelez India announces management changes

Chandramouli Venkatesan will take charge as managing director; president Manu Anand will take his role

Mondelez India, maker of Oreo biscuits and Tang, announced changes in its management structure as it moved to a new business model in the Asia Pacific region following changes in the parent’s operations in North America and Europe. Photo: AFPPremium
Mondelez India, maker of Oreo biscuits and Tang, announced changes in its management structure as it moved to a new business model in the Asia Pacific region following changes in the parent’s operations in North America and Europe. Photo: AFP

Mumbai: Mondelez India Foods Ltd, the Indian unit of the maker of Oreo biscuits and Tang, announced changes in its management structure as it moved to a new business model in the Asia Pacific region following changes in the parent’s operations in North America and Europe.

Under the new model, the company will take a regional, category-led approach and focus on the key categories of chocolates, gum, candy and powdered beverages, biscuits, and cheese and grocery.

The business will see a change in leadership with Chandramouli Venkatesan, who was earlier regional category team head (chocolates), taking over role of managing director of Mondelez India.

Manu Anand, who joined the company last year from PepsiCo India Holdings Pvt Ltd as president, India and managing director of Mondelez India will take on Mouli’s role—president, regional category team (chocolates) and will oversee the chocolate business across the region.

These changes will be effective 1 January 2015.

Mouli joined Cadbury India in 2005 as strategy director and has held several senior leadership roles in human resources and strategy across India and Asia. He was category director for India chocolates and biscuits before he moved to his last role.

Under this new operating model, the regional category teams will assume full profit and loss responsibility for their respective categories at a regional level. Whereas, country leaders will be the face of the business within their respective geographies and drive a winning culture consistent with Mondelez values.

They will be accountable for building world-class, go-to-market teams focused on superior market execution, and will remain the key connect for customers and consumers, the company said in a press statement.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 31 Jul 2014, 11:26 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App