Mondelez International Files 8-K: Director Changes & Compensation Updates
Ticker: MDLZ · Form: 8-K · Filed: May 22, 2024 · CIK: 1103982
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing
Related Tickers: MDLZ
TL;DR
MDLZ filed an 8-K: director out, new director in, exec comp changes, shareholder votes, and financials filed.
AI Summary
On May 22, 2024, Mondelez International, Inc. filed an 8-K to report on several key events. These include the departure of a director, the election of a new director, and updates to executive compensation arrangements. The filing also covers the submission of matters to a vote of security holders and the filing of financial statements and exhibits.
Why It Matters
This filing provides crucial updates on corporate governance and executive compensation, which can impact investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and financial reporting matters, with no immediate indication of significant financial distress or operational disruption.
Key Players & Entities
- Mondelez International, Inc. (company) — Filer
- 905 WEST FULTON MARKET (location) — Business Address
- CHICAGO (location) — Business Address City
- IL (location) — Business Address State
- 60607 (location) — Business Address Zip
- KRAFT FOODS INC (company) — Former Company Name
FAQ
Who has departed from Mondelez International's board of directors?
The filing indicates the departure of a director, though the specific name is not detailed in the provided text.
Has a new director been elected to the board?
Yes, the filing states the election of a new director.
What other items are covered in this 8-K filing?
The filing also covers updates to compensatory arrangements of certain officers, submission of matters to a vote of security holders, and the filing of financial statements and exhibits.
What is Mondelez International's fiscal year end?
Mondelez International's fiscal year ends on December 31st.
What is the SEC file number for Mondelez International?
The SEC file number for Mondelez International is 001-16483.
Filing Stats: 1,888 words · 8 min read · ~6 pages · Grade level 11.3 · Accepted 2024-05-22 17:15:19
Filing Documents
- mdlz-20240522.htm (8-K) — 95KB
- 0001103982-24-000073.txt ( ) — 303KB
- mdlz-20240522.xsd (EX-101.SCH) — 4KB
- mdlz-20240522_def.xml (EX-101.DEF) — 18KB
- mdlz-20240522_lab.xml (EX-101.LAB) — 35KB
- mdlz-20240522_pre.xml (EX-101.PRE) — 19KB
- mdlz-20240522_htm.xml (XML) — 8KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On May 22, 2024, we held our annual meeting of shareholders. A total of 1,171,912,711 shares of our Class A Common Stock, or 87.12% of our outstanding shares of Class A Common Stock, were represented at the annual meeting. The final voting results for each of the matters submitted to a shareholder vote at the annual meeting are set forth below: 1. Our shareholders elected 11 directors to each serve a one-year term until our 2025 annual meeting of shareholders or until his or her successor has been duly chosen and qualified, based on the following voting results: For Against Abstain Broker Non-Votes a. Cees t Hart 1,029,663,187 17,842,713 3,353,135 121,053,675 b. Charles E. Bunch 999,958,106 47,395,278 3,505,650 121,053,675 c. Ertharin Cousin 1,029,289,903 16,189,549 5,379,583 121,053,675 d. Brian J. McNamara 1,043,761,260 3,750,851 3,346,923 121,053,675 e. Jorge S. Mesquita 1,027,811,366 19,678,187 3,369,482 121,053,675 f. Anindita Mukherjee 1,031,783,495 15,775,118 3,300,442 121,053,675 g. Jane Hamilton Nielsen 1,044,996,518 2,640,336 3,252,181 121,053,675 h. Paul A. Price 1,024,674,524 22,892,257 3,292,254 121,053,675 i. Patrick T. Siewert 1,016,476,901 31,029,865 3,352,269 121,053,675 j. Michael A. Todman 1,008,862,832 36,645,243 5,350,960 121,053,675 k. Dirk Van de Put 973,015,250 72,330,109 5,513,675 121,053,675 2. Our shareholders approved on an advisory basis our named executive officer compensation, based on the following voting results: For Against Abstain Broker Non- Votes 982,114,750 64,064,931 4,679,353 121,053,675 3. Our shareholders approved the Performance Incentive Plan, based on the following voting results: For Against Abstain Broker Non- Votes 1,007,317,793 37,504,246 6,036,996 121,053,675 4. Our shareholders ratified the selection of PricewaterhouseCoopers LLP as our independent auditors for the year ending December 31, 2024, based on the following voti
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Description 10.1 Mondelz International, Inc. 2024 Performance Incentive Plan (incorporated by reference to Exhibit 4.3 to the Registrant's Registration Statement on Form S-8 filed with the SEC on May 22, 2024). + 104 The cover page from Mondelz International, Inc.'s Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101). + Indicates a management contract or compensatory plan or arrangement. 4
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MONDELZ INTERNATIONAL, INC. By: /s/ Laura Stein Name: Laura Stein Title: Executive Vice President, Corporate & Legal Affairs, General Counsel and Corporate Secretary Date: May 22, 2024 5