Mondelez International management check
MDLZ · Consumer Staples · Packaged Foods & Meats · CEO de Put Dirk Van
Filings as of
4 good · 2 to watch · 0 flagged, across the seven questions below.
- Watch
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $104, against $115 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.86 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- n/a
What does the CEO cost owners?
Not enough dataNo pay or net income figure for the latest year.
- Watch
Do they own the stock?
CEO stake ≈ 3.8 years of payThe CEO holds 1,460,068 shares, directly or through trusts (unvested awards not counted): about 3.8 years of pay. Light activity: no buys, $8.6m sold in six months. 1 of 3 sales ran on pre-arranged 10b5-1 plans.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -2.7% a year over the last three fiscal years. Stock-based pay was 0.3% of revenue in the latest year.
- Good
Is leadership stable?
7 leadership filings in 3 yearsCEO in the pay table: Mr. Van de Put. 7 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Consumer Staples.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 38 | 31 | |
| Pay for performance | 93 | 84 | |
| CEO cost | — | — | 40 |
| Skin in the game | 64 | 65 | |
| Dilution | 83 | 60 | |
| Stable leadership | 90 | 70 | |
| Clean books | 100 | 100 |
Closest peers
Others in Packaged Foods & Meats, by management score. Mondelez International is 8th of 33 in its sector.
Pay versus performance
From the proxy statement filed April 3, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. Van de Put | $24.5m | $8.1m | $7.2m | $104 | $115 | — |
| 2024 | Mr. Van de Put | $22.3m | −$4.1m | $6.1m | $112 | $112 | — |
| 2023 | Mr. Van de Put | $21.0m | $49.7m | $7.1m | $133 | $111 | — |
| 2022 | Mr. Van de Put | $17.9m | $27.0m | $4.8m | $119 | $113 | — |
| 2021 | Mr. Van de Put | $16.1m | $26.8m | $5.0m | $116 | $114 | — |
The board says pay is tied most to adjusted gross profit growth. Its other key measures: Organic Volume Growth, Organic Net Revenue Growth, Adjusted Gross Profit Growth, Adjusted Operating Income Growth, Market Share, Adjusted Earnings Per Share Growth, Annualized Relative TSR.
Insiders and the CEO's stake
de Put Dirk Van (Chief Executive Officer) held 1,460,068 shares directly after their latest Form 4 on Aug 19, 2026, roughly $93.6m at that filing's price.
Light activity: no buys, $8.6m sold in six months. 1 of 3 sales ran on pre-arranged 10b5-1 plans.
- Soldde Put Dirk VanChief Executive Officer · 10b5-1 plan$8.6mAug 19, 2026
- SoldBrian StevensSVP, CTR & Chief Accoun Off$4kMay 1, 2026
Leadership and governance on file
- Jun 18, 2026Leadership change8-K 5.02
- Jan 30, 2026Leadership change8-K 5.02
- May 27, 2025Leadership change8-K 5.02
- Jan 27, 2025Leadership change8-K 5.02
- Dec 3, 2024Leadership change8-K 5.02
- May 22, 2024Leadership change8-K 5.02
- Feb 2, 2024Leadership change8-K 5.02
- Jul 20, 2023Leadership change8-K 5.02
- May 2, 2023Leadership change8-K 5.02
- Feb 7, 2023Leadership change8-K/A 5.02
- Dec 13, 2022Leadership change8-K 5.02
- Feb 3, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 26, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $21.2bn returned to owners in buybacks and dividends, 111% of net income, and $648.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $28.7bn | $31.5bn | $36.0bn | $36.4bn | $38.5bn |
| Net income | $4.3bn | $2.7bn | $5.0bn | $4.6bn | $2.5bn |
| Stock-based pay | $121.0m | $120.0m | $146.0m | $147.0m | $114.0m |
| Buybacks | $2.1bn | $2.0bn | $1.5bn | $2.3bn | $2.4bn |
| Dividends | $1.8bn | $2.0bn | $2.2bn | $2.3bn | $2.5bn |
| Diluted shares | 1413m | 1385m | 1370m | 1347m | 1298m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.