Russell Dyer, Senior Vice President, Chief Communications Officer, and Head of Public and Government Affairs at Mondelēz International, is set to depart after eight years of successful tenure.
The company has already initiated the search for a suitable successor.
Dyer is preparing for a new high-ranking role in corporate affairs outside Mondelēz.
Russell Dyer’s departure from Mondelēz International
Details about his new position will be disclosed this week.
Starting as the VP of Global Communications, Dyer gradually became a core figure in Mondelēz, especially with his significant contributions during the Covid-19 pandemic.
Before joining Mondelēz, Dyer held critical roles at Kraft Foods and significantly shaped the company’s strategic objectives.
Before Kraft, he worked at Weber Shandwick, a top-ranking PR firm, and at HomeSource Real Estate Asset Management.
Meanwhile, Michelle Samuel, the current Director of Global Internal Communications at Mondelēz, will take on Chief of Staff responsibilities for Corporate and Legal Affairs, demonstrating the company’s faith in her leadership.
Mondelēz has seen a solid end to Q4 of 2023, reporting net revenue of $9.3 billion, a 7.1% increase from the previous year due to high sales from Ricolino and a provisional distribution agreement.
Power brands such as Oreo, belVita, and Cadbury led the company’s impressive performance.
Future growth is set to be sustained through innovation and brand portfolio expansion, with strategic investments in marketing and e-commerce.
With a strong financial position, Mondelēz is poised to continue delivering shareholder value while aggressively pursuing its growth objectives.
The future sure does look promising for Mondelēz.
