Roberto Marques is to leave Mondelez International after serving as executive vice president and president of North America for the past two years.
Chief growth officer Tim Cofer will assume the role of interim president of the North American food business while Mondelez recruits a permanent successor.
“Over the past two years under Roberto Marques’ leadership, the North American team has been executing a large transformation, which has resulted in significant progress on our margin agenda, while stepping up our participation in growth areas such as Well-being, broader channel penetration, especially in eCommerce, as well as entering the US chocolate market,” said Irene Rosenfeld, chief executive.
During his 25 years with the company, Cofer has led the company’s regions in Europe, Asia Pacific and Eastern Europe, Middle East and Africa. In addition, Cofer previously led two legacy Kraft North American businesses, Oscar Mayer and Kraft Pizza Company.
Executives of Mondelez International recently provided an update on the company’s strategic plans during a presentation at the Consumer Analysts Group of New York conference. The detailed plan to expand margins and accelerate revenue growth includes contemporising the company’s core business, innovating to expand into new consumer need states and geographies, and ensuring that its brands are available whenever and wherever people shop.