
CHICAGO — Mondelēz International announced Feb. 3 that Gustavo Valle, 57, the company’s Executive Vice President, Latin America, has been named Executive Vice President and President, North America, effective March 1. In his new role, Valle will be responsible for leading the company’s $8.3 billion business in the United States and Canada, which includes iconic brands such as Oreo and belVita biscuits; Triscuit and Ritz crackers; Trident gum and Sour Patch Kids candy.
Gustavo Valle
Since January 2020, Valle has successfully led the significant growth in the company’s Latin America business, in addition to driving overall share gains across the region. He joined the company from Danone, where he successfully grew the $3 billion Dairy category by double digits in both the U.S. and Canada while expanding profit margins. He was then promoted to lead the European business and eventually the global category as Executive Vice President, Dairy Division Worldwide, accountable for more than $12 billion USD in annual revenue. Valle replaces Glen Walter, who will leave the company to pursue another opportunity.
“I am very thankful for Glen’s leadership as he was a passionate champion of important strategic and cultural change within our business, setting bold priorities and transforming our business and brands’ footprint,” said Van de Put. “We appreciate his many contributions, particularly leading through the pandemic, and setting up Gustavo and the North America leadership team for further success. We wish him all the best.”
Mondelēz International, Inc. empowers people to snack right in over 150 countries around the world. With 2021 net revenues of approximately $29 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum.