DEERFIELD, Ill. -- Mondelez International has appointed Mohit Bhalla, 45, as vice president of corporate development. In this role, Bhalla will lead the execution of the company's global merger, acquisition and divestiture activities, reporting to Brian Gladden, executive vice president and CFO.
"We couldn't be more pleased to have a seasoned M&A executive with Mohit's credentials joining our team," Gladden said. "As we continue to transform the company, M&A will be a key lever to help us expand our global footprint and focus our snacking portfolio. I'm confident that Mohit brings all the skills and experience we need to succeed in this arena."
Bhalla joins Mondelez International from Altria Group, where he served as vice president of strategy and business development. He has a broad global background with nearly 20 years of experience in both corporate development and investment banking, having held leadership positions with Eastman Chemical Co. and Citigroup.
Mondelez International is a global snacking company with 2014 revenue of $34 billion. It is a world leader in biscuits, chocolate, gum, candy, coffee and powdered beverages, with billion-dollar brands including Oreo, LU and Nabisco biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolate; Trident gum; Jacobs coffee and Tang powdered beverages.
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