Irene is Chairman and CEO of Mondelēz International, the global snacking powerhouse launched following her strategic decision to spin-off of the company’s North American grocery operations in October 2012. Creating delicious moments of joy in 165 countries, Mondelēz International (NASDAQ: MDLZ), with 2012 revenue of $35 billion, is a world leader in chocolate, biscuits, gum, candy, coffee and powdered beverages, with billion-dollar brands such as Cadbury, Cadbury Dairy Milk and Milka chocolate, Jacobs coffee, LU, Nabisco and Oreo biscuits, Tang powdered beverages and Trident gum.
Since returning to Kraft Foods, the predecessor to Mondelēz International, in June 2006 as CEO and then Chairman in March 2007, Irene has changed the face, footprint and prospects of the company, which she successfully repositioned to deliver consistent top-tier growth by reinvigorating iconic brands, transforming the portfolio and strengthening its presence in fast-growing emerging markets.
Irene began her career in consumer research before joining General Foods, which later became part of Kraft Foods. Irene led the restructuring and turnaround of key businesses in the U.S., Canada and Mexico. She served on the team that spearheaded the company's initial IPO in 2001, and successfully integrated the Nabisco, LU and Cadbury businesses.
Irene took a short break from Kraft Foods in 2004, serving for two years as Chairman and CEO of Frito-Lay. While there, she accelerated growth in better-for-you products and health and wellness offerings.
The Financial Times, Fortune and Forbes have repeatedly ranked Irene on their lists of the “Top 50 Women in Global Business,” “50 Most Powerful Women in Business” and as one of the world’s “100 Most Powerful Women.”
Irene holds a Ph.D. in Marketing and Statistics, an M.S. in Business Administration and a B.A. in Psychology – all from Cornell University. She is active in a number of industry and community organizations, including The Economic Club of Chicago and the Board of the Consumer Goods Forum.
Director since June 2006