Mondelez International is one of the world’s largest confectionery, snacks, food and beverage companies, which offers a wide selection of products for consumers around the world. Mondelez is a major player in the confectionery, snacks, and food and beverage industries, with a diverse portfolio of iconic global brands. This includes brands like Cadbury, Oreo, Ritz, and Toblerone. The company is behind some of the world’s most popular snacks, which are sold in over 150 countries globally. But many people don’t know who actually owns Mondelez International. In this blog, we will take a deep dive into who owns Mondelez. We will explore who the current shareholders are, how the ownership has changed over time, and the implications of this ownership structure.
The Major Shareholders of Mondelez International
Mondelez International is owned by many different shareholders, including global institutional shareholders, individual shareholders, pension funds, hedge funds, and mutual funds. The majority of Mondelez’s stock is held by institutional investors. The top 10 institutional shareholders account for over 50% of Mondelez’s stock. The largest institutional shareholder is Blackrock, with an 8.45% stake in the company. Vanguard is the second largest institutional shareholder, with a 7.37% stake. The third largest institutional shareholder is State Street, with a 4.89% stake. Other institutional investors with a significant stake in Mondelez include Wells Fargo, Fidelity, JPMorgan Chase, and Bank of America.
The Directors of Mondelez International
Mondelez International is subject to the oversight of its Board of Directors. The Board is made up of 9 individuals, all of whom serve at the discretion of the principal shareholders. The Chairman of the Board is the largest shareholder, Blackrock. The rest of the directors are appointed by the other institutional shareholders and represent their interests. This includes directors like Brian Gladden, who was appointed by Fidelity, and David Driscoll, who was appointed by JPMorgan Chase.
How the Ownership Structure Has Changed Over Time?
The ownership of Mondelez International has changed significantly over the years. The company has gone through multiple mergers and acquisitions, which has altered its ownership structure. The most significant changes occurred when Kraft Foods, Inc. spun off its snack business in 2012. This led to the formation of Mondelez International, and the change in ownership. Kraft Foods Inc. sold its equity stake in Mondelez, which significantly reduced its ownership. Since then, many of Mondelez’s largest shareholders are institutional investors.
The Implications of Mondelez’s Ownership Structure
The ownership structure of Mondelez International has significant implications for the company and its shareholders. The company is subject to the oversight of its Board of Directors, which is primarily made up of representatives of its largest institutional shareholders. This could be seen as a conflict of interest, as the directors might be more concerned with their own interests than those of the company. Additionally, the presence of institutional shareholders could lead to significant market volatility, as the large shareholders have the power to influence the stock market.
Mondelez International owns some of the most recognizable brands in the world. The global snacks powerhouse includes well-known treats like Oreo, Cadbury, Milka, Toblerone, Trident, and Nabisco. Mondelez International began as Kraft foods in the early 1900s and spun off as a standalone entity in 2012.
Mondelez International is a publicly-traded company incorporated in Delaware, USA, and listed on the NASDAQ Global Select Market. With headquarters located in Deerfield, Illinois, Mondelez International’s shares are held by many institutional and retail investors, including Vanguard, JPMorgan, BlackRock, and State Street Corporation. Combined, these four institutions own more than $20 billion worth of Mondelez International shares as of June 2020, representing almost 22% of the company’s outstanding shares.
The majority owner of Mondelez International is a subsidiary of Berkshire Hathaway – a sprawling conglomerate owned by famed investor Warren Buffett.Berkshire Hathaway owns the majority of Mondelez International’s shares, representing around 41% of total ownership. Buffett himself owns more than seven million shares in Mondelez International, worth more than $700 million.
Other notable individual investors who have an ownership stake in Mondelez International include Dan Loeb, Eminence Capital, and Warren E. Buffett’s old friend and colleague, Charlie Munger. These individuals hold millions of dollars worth of Mondelez International shares, collectively.
Management of Mondelez International is currently arranged by the company’s Executive Leadership Team. The team is headed up by Dirk Van de Put, Mondelez International’s CEO and chairman of the board. Other key members include executives from the company’s North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa divisions.
Ultimately, much of the ownership of Mondelez International lies in the hands of institutional investors – particularly, Buffett’s Berkshire Hathaway. While individual shareholders also own a noteworthy amount, the company’s majority stake is held by Wall Street giants, who many believe have a major influence on how the company is managed throughout its various divisions.
Conclusion
Mondelez International is one of the world’s leading confectionery, snacks, food and beverage companies. The company is owned by many different shareholders, including institutional shareholders, individual shareholders, pension funds, hedge funds, and mutual funds. The majority of Mondelez’s stock is held by institutional investors, with Blackrock being the largest shareholder.
The Board of Directors is made up of representatives of the major shareholders, which could be seen as a conflict of interest. The ownership structure of Mondelez International has significant implications for the company and its shareholders, including the potential for market volatility.
FAQs
Q1: Who are the major shareholders of Mondelez international?
A1: The major shareholders of Mondelez International are Blackrock, Vanguard, State Street, Wells Fargo, Fidelity, JPMorgan Chase, and Bank of America. These shareholders hold a combined majority stake in the company, with Blackrock being the largest shareholder.
Q2: How has the ownership of Mondelez International changed?
A2: The ownership of Mondelez has changed significantly over the years. The company has gone through multiple mergers and acquisitions, which has altered its ownership structure. The most significant changes occurred when Kraft Foods, Inc. spun off its snack business in 2012. This led to the formation of Mondelez International, and the change in ownership.
Q3: What are the implications of Mondelez’s ownership structure?
A3: The ownership structure of Mondelez International has significant implications for the company and its shareholders. The company is subject to the oversight of its Board of Directors, which is primarily made up of representatives of its largest institutional shareholders. This could be seen as a conflict of interest, as the directors might be more concerned with their own interests than those of the company. Additionally, the presence of institutional shareholders could lead to significant market volatility, as the large shareholders have the power to influence the stock market.
