BW Talks

Oreo Maker Mondelēz Says Covid Couldn’t Quash World’s Snacking Habit

CFO Luca Zaramella bets consumers will keep munching its treats like Cadbury chocolates and Ritz crackers despite price hikes.

● Zaramella graduated from Ca’ Foscari University in Venice, Italy, with a degree in business and finance ● Joined Mondelēz in 1996 ● Has worked in Italy, Brazil, Luxembourg, Switzerland, the U.K., and the U.S. ● After stints as corporate controller and treasurer, named CFO in 2018.

Photographer: Christopher Dilts/Bloomberg

The worldwide habit of snacking is here to stay, says Luca Zaramella, Mondelēz International Inc.’s chief financial officer. That means the maker of Oreos and Cadbury chocolates remains busy, even in these unsettled times.

Did the pandemic change Mondelēz?