Mondelēz International announced the appointment of Amit Banati as executive vice president and chief financial officer, effective July 1. He will report directly to Dirk Van de Put, chair and CEO, and will be a member of the Mondelēz International Leadership Team. Following Banati’s appointment, Luca Zaramella will continue as EVP and COO, focusing his leadership on the company’s commercial operations, including its four geographical regions, corporate sales, marketing and supply chain functions.

Banati most recently served as CFO of Kenvue, Inc. Prior to Kenvue, he served as vice chair and CFO of Kellanova, formerly Kellogg Company. He began his career at Kellogg as president for the Asia Pacific, Middle East, and Africa region, where he reportedly drove regional growth and transformation before being promoted to SVP and CFO. Prior to Kellogg, he held progressively responsible management, financial, and strategic leadership roles at Proctor & Gamble, Cadbury Schweppes, and Mondelēz predecessor company Kraft Foods, following the Cadbury acquisition.

“Amit is a highly experienced CFO who brings a strong blend of financial leadership and commercial acumen spanning multiple consumer businesses,” Van de Put says. “His track record of delivering results and building talent across large, global businesses as a CFO, alongside his breadth of general management and emerging market experience, will provide important perspective to our leadership team. I look forward to working with him to deliver against our strategic growth agenda.”

“I want to thank Luca for his outstanding contributions over eight years as CFO, during which he played a pivotal role in shaping our financial strategy and strengthening our company,” Van de Put adds. “We will continue to benefit from his strong leadership as Chief Operating Officer, focusing on driving durable, profitable growth, and value creation.”

“I am delighted to rejoin Mondelēz International,” says Banati. “I am excited to return to a company and set of brands that I know well. The company has an iconic portfolio, an advantaged global footprint, and a talented team. I look forward to working closely with Dirk and the entire team to advance the company’s strategy, achieve its significant growth potential and continue its strong track record of profitable growth.”

Mondelēz International is on the current Candy Industry “Global Top 100 Candy Companies” list. Click here to view the current “Global Top 100” rankings.