Mondelez International
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Mondelez International
Mondelēz International, Inc. ( ) is an American Multinational corporation, multinational confectionery, food industry, food, Holding company, holding, drink industry, beverage and snack food company based in Chicago. Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. It ranked No. 108 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The company had its origins as Kraft Foods Inc., which was founded in Chicago in 1923. The present enterprise was established in 2012 when Kraft Foods was renamed Mondelez and retained its snack food business, while its North American grocery business was spun off to a new company called Kraft Foods, Kraft Foods Group, which 3 years later merged with Heinz to form Kraft Heinz. The name Mondelez is derived from the Latin word ("world") and ''delez'', a fanciful modification of the word "delicious." Mondelez manufactures chocolate, cookies, biscuit ...
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Dirk Van De Put
Dirk van de Put (born 14 May 1960) is a Belgian businessman, and the chairman and chief executive officer (CEO) of Mondelez International. CEO since November 2017, he also became chairman in April 2018. Early life Van de Put is a native of Mechelen, Antwerp Province, Belgium, and has a veterinary medicine degree from Ghent University, and a master's degree in business from the University of Antwerp. He is fluent in Dutch, English, French, Spanish, and Portuguese. Career Van de Put worked for The_Coca-Cola_Company, Coca-Cola, Mars Inc, Novartis and Groupe Danone, before becoming CEO of the Canadian frozen foods manufacturer McCain Foods in 2010. He is a non-executive director of Mattel. In November 2017, he succeeded Irene Rosenfeld as CEO of Mondelez International. He also became chairman in April 2018. He was hired by Mondelez with a reputation for driving growth in traditional packaged food brands. While Mondelez grew 1.5% in 2016 and 0.9% in 2017, Van de Put is promising orga ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Belvita
Belvita, sometimes stylized as belVita or BelVita, is a brand of breakfast biscuit introduced originally in France in 1998 as LU Petit Déjeuner by Kraft Foods Inc. and currently owned by Mondelēz International. Overview The biscuits were first introduced in France in 1998, expanding to seven additional European markets in 2000, Brazil in 2010 and the North American market in 2012. In November 2011, Kraft Foods announced that it had given the advertising creative assignment for Belvita in the United States of America to Crispin Porter & Bogusky, an advertising agency under MDC Partners. In August 2011, Kraft Foods announced an intention to split into two publicly traded companies; a new company called Kraft Foods Group (later merged with Heinz), and Mondelēz International (the original Kraft Foods Inc. renamed) which would retain the Nabisco subsidiary and brands such as Belvita. The split occurred in October 2012. In October 2012 in the United Kingdom, amid a repor ...
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TUC (cracker)
TUC () is a brand of salted octagonal golden-yellow crackers, comparable in taste to Ritz crackers. The TUC brand originated in Belgium, and belonged to French company LU. Nowadays, TUC crackers are owned by Mondelēz International, which markets the brand in mainland India, while Valeo Foods' Jacob Fruitfield Food Group produces TUC crackers for markets in Europe, Asia, North America, and North Africa, but not in Italy, where they are produced by Saiwa (a company owned by Mondelez International). In Pakistan, TUC is manufactured and marketed by LU (Continental Biscuits) and by United Biscuits in the United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan .... Varieties There are some varieties of TUC biscuits available: * OriginalWebarchive backupjacobfruitfield.co ...
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Bloomberg Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in September 1929. Since 2009, the magazine has been owned by Bloomberg L.P. and became a monthly in June 2024. History 1929–2008: ''Businessweek'' ''The Business Week'' was first published based in New York City in September 1929, weeks before the stock market crash. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made it one of the first publications to cover national political issues that directly impacted the business world. The name of the magazine was shortened to ''Business Week'' in 1934. Originally published as a resource for business managers, the magazine shifted its s ...
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Latin
Latin ( or ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally spoken by the Latins (Italic tribe), Latins in Latium (now known as Lazio), the lower Tiber area around Rome, Italy. Through the expansion of the Roman Republic, it became the dominant language in the Italian Peninsula and subsequently throughout the Roman Empire. It has greatly influenced many languages, Latin influence in English, including English, having contributed List of Latin words with English derivatives, many words to the English lexicon, particularly after the Christianity in Anglo-Saxon England, Christianization of the Anglo-Saxons and the Norman Conquest. Latin Root (linguistics), roots appear frequently in the technical vocabulary used by fields such as theology, List of Latin and Greek words commonly used in systematic names, the sciences, List of medical roots, suffixes and prefixes, medicine, and List of Latin legal terms ...
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Kraft Heinz
The Kraft Heinz Company (KHC), commonly known as Kraft Heinz (), is an American multinational food company formed by the merger of Kraft Foods Group, Inc. and the H.J. Heinz Company co-headquartered in Chicago and Pittsburgh. Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with over $26.0 billion in annual sales as of 2021. Its sister company, Mondelez International, was split from Kraft Foods Inc. in 2012, alongside Kraft before its merger with Heinz. Mondelez holds the old Kraft Foods' snack brands while Kraft Heinz holds the grocery and food processing brands. In addition to Kraft and Heinz, over 20 other brands are part of the company's profile, including Boca Burger, Gevalia, Grey Poupon, Oscar Mayer, Philadelphia Cream Cheese, Primal Kitchen, and Wattie's, eight of which have total individual sales of over $1 billion. Kraft Heinz ranked 114th in the 2018 ''Fortune'' 500 list of the largest United Sta ...
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Heinz
The Kraft Heinz Foods Company, formerly the H. J. Heinz Company and commonly known as Heinz (), is an American food processing company headquartered at One PPG Place in Pittsburgh, Pennsylvania. The company was founded by Henry J. Heinz in 1869. Heinz manufactures food products on six continents, and markets them in more than 200 countries and territories. The company claimed to have 150 number-one or number-two brands worldwide . Heinz ranked first in ketchup in the US with a market share in excess of 50%; the Ore-Ida label held 46% of the frozen potato sector in 2003. Since 1896, the company used its "57 Varieties" slogan; it was inspired by a sign advertising 21 styles of shoes, and Henry Heinz chose the number 57 even though the company then manufactured more than 60 products, because "5" was his lucky number and "7" was his wife's. In February 2013, Heinz agreed to be purchased by Berkshire Hathaway and the Brazilian investment firm 3G Capital for $23billion. On March 25, 2 ...
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Kraft Foods
Kraft Foods Group, Inc. was an American food manufacturing and processing conglomerate (company), conglomerate, split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July 2, 2015 after merging with Heinz. The merger was arranged by Heinz owners Berkshire Hathaway and 3G Capital, was completed on July 2, 2015, forming Kraft Heinz, the fifth-largest food and beverage company in the world. History Spinoff of Kraft Foods Group from Kraft Foods Inc. In August 2011, Kraft Foods Inc. announced plans to split into two publicly traded companies—a snack food company and a grocery company. On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the U.S. Securities and Exchange Commission, SEC to split the company into two companies to serve the "North American grocery business". On October 1, 2012, Kraft Foods Inc. spun off its North American grocery business to a new co ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by '' Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in January 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published c ...
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Drink Industry
The drink industry (or drinks industry, also known as the beverage industry) produces drinks, in particular alcoholic beverage, ready to drink and soft drink products. Drink production can vary greatly depending on the product being made. ManufacturingDrinks.com explains that "bottling facilities differ in the types of bottling lines they operate and the types of products they can run". Drinks may be bottled in glass, plastic or in can. Innovations in the drink industry, catalysed by requests for non-alcoholic drinks, include Hot-fill or cold-fill, drink plants, processing, and packing. Largest companies Largest beverage companies worldwide in 2021: See also * Alcoholic beverage * Alcoholic beverage industry in Europe * Brewing industry * List of drinks * Soft drink * Bottled water * Food industry * Container-deposit legislation * Beverage Digest ''Beverage Digest'' is a privately-owned subscription publication covering the global non-alcoholic beverage industry. The co ...
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