Figma Shares Indicated To Open $105/$110
Mondelez International, Inc. (NASDAQ:MDLZ), the $85.6 billion snack food giant with annual revenues of $36.5 billion, has announced the approval of a new severance plan for key executives, as stated in a recent 8-K filing with the SEC. According to InvestingPro, the company maintains a FAIR financial health score, reflecting its stable market position. The People and Compensation Committee of the company, during a review of severance programs on May 20, 2025, established the Mondelēz International, Inc. Severance Plan for Key Executives (the "Plan").
The Plan is applicable to all officers of the company as defined by Section 16 of the Securities Exchange Act of 1934, along with other employees designated by the Committee. It outlines severance benefits in the event of termination without Cause or resignation for Good Reason, subject to certain conditions including the execution of a release of claims. For investors seeking deeper insights, InvestingPro offers extensive analysis of Mondelez’s governance structure and financial metrics through its comprehensive Pro Research Report, available for over 1,400 US stocks.
Benefits under the Plan include a cash severance payment equivalent to 12 months of base salary, a pro-rated target annual bonus, health benefit stipend, outplacement services, and financial planning allowances. Additionally, the Plan provides for pro-rated acceleration of unvested time-based equity awards and continued vesting of performance-based equity awards, subject to actual performance.
The company will file the full text of the Plan with its Quarterly Report on Form 10-Q for the period ending June 30, 2025.
In other news from the annual meeting of shareholders held on May 21, 2025, Mondelez shareholders elected 10 directors for one-year terms and approved on an advisory basis the compensation of named executive officers. Additionally, the Global Employee Stock Purchase Matching Plan was approved, and PricewaterhouseCoopers LLP was ratified as the independent auditors for the fiscal year ending December 31, 2025.
Several shareholder proposals, including those requesting reports on supplier code of conduct due diligence, flexible plastic packaging, climate lobbying, human rights policy implementation, and recycled content claims, were not approved. With analysts setting a high target of $81 and maintaining a bullish consensus, investors can access detailed analysis and Fair Value estimates through InvestingPro, which currently shows the stock trading near its Fair Value levels.
This information is based on a press release statement and the details of the Plan and shareholder votes will be further detailed in the company’s upcoming 10-Q filing.
In other recent news, Mondelez International reported its first-quarter results for 2025, revealing a 3.1% increase in organic net revenue. Despite a decline in volume/mix, the company achieved a notable rise in pricing, surpassing expectations. Adjusted earnings per share (EPS) fell by 18% in constant currency, but still exceeded analyst predictions, with adjusted EPS coming in at $0.74. Mondelez generated $800 million in free cash flow during the quarter and confirmed its guidance for the full year 2025, projecting approximately 5% revenue growth.
Several financial firms have adjusted their price targets for Mondelez following these results. Berenberg raised its target to $81, maintaining a Buy rating, citing Mondelez’s performance in surpassing consensus forecasts despite challenges. Stifel increased its price target to $73, also maintaining a Buy rating, and noted the company’s successful pricing strategies in Europe. BofA Securities set a new target of $75, supported by stronger-than-expected earnings, while Evercore ISI adjusted its target to $73, highlighting Mondelez’s management of high cocoa costs and foreign exchange benefits.
Mondelez’s chocolate segment demonstrated significant growth, contributing to the overall positive outlook. The company is executing strategic pricing initiatives and managing input costs, particularly in Europe, to maintain profitability. Analysts from Stifel and Evercore ISI anticipate further reinvestment into the chocolate business, positioning Mondelez for continued growth despite ongoing market challenges.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.