Mondelez: Names VP Corporate Development

Deerfield / IL. (mdlz) Mondelez International Inc. announced the appointment of Mohit Bhalla, 45, as Vice President, 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 Chief Financial Officer. «We could not 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 am confident that Mohit brings all the skills and experience we need to succeed in this arena». Bhalla joins Mondelez from Altria Group, where he served as Vice President, 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 Company and Citigroup. Bhalla earned his bachelor´s degree in chemical engineering from the University of Texas at Austin and his MBA in finance and accounting from the University of Chicago Booth School of Business.