MNCs change tack as Mondelez, Nestle and P&G face investor pressure

Go back to basics to focus on profitability, margins and shedding non-core assets

The international corporate world was in for a surprise on Wednesday when Mondelez’s long-standing chief executive officer (CEO), Irene Rosenfeld, announced she was stepping down from her position. 

Counted among the most powerful women CEOs in America, Rosenfeld’s exit came at a time when talk about a possible merger with Warren-Buffett-led Kraft-Heinz has been growing.

The new CEO, Dirk Van de Put, is expected to put a new blueprint in place as the maker of Cadbury chocolates and Oreo cookies struggles to grow across categories. Investor pressure to deliver shareholder value has been mounting on Mondelez for the last few quarters and