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Mondelez International Executive Compensation (FY25)

MDLZ · Executive and director compensation, fiscal 2022 to 2025

The paid brief on Mondelez International

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 7, 2026Latest filing (8-K): May 26, 2026
16 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Mondelez International brief$1,500Get the executive brief
350 figures on this page: 339 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Dirk Van de Put
Latest say-on-pay support
=
May 20, 2026
Chief executive pay ratio
◇
To the median employee

More on Mondelez International

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Dirk Van de Put: $22,304,723 → $24,516,114 (9.9% higher)
Say-on-pay support: 94.2% → 95.8% (1.6 points higher)
CEO pay ratio: 657:1 → 645:1 (1.8% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Mondelez International's chief executive and what were they paid?
Total compensation for Dirk Van de Put, Chair & CEO, came to $24,516,114 in fiscal 2025. Van de Put's total moved 9.9% higher from the $22,304,723 reported for fiscal 2024.
What was Mondelez International's say-on-pay result?
The say-on-pay proposal drew 95.8% of votes cast for or against in favor at the meeting held May 20, 2026 for fiscal 2025.
Which companies are in Mondelez International's peer group?
Companies named in the disclosed peer group include 3M Company, Colgate-Palmolive Company, General Mills Inc., Johnson & Johnson and Kimberly-Clark Corporation, among others.
What is Mondelez International's chief executive pay ratio?
The company reported a chief executive pay ratio of 645:1 for fiscal 2025, against median employee compensation of $38,024.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dirk Van de Put
Chair & CEO
◇—◇◇◇—◇◇
Luca Zaramella
EVP & Chief Financial Officer
◇—◇◇◇—◇◇
Maurizio Brusadelli
Executive Vice President and President, Asia Pacific, Middle East and Africa
◇—◇◇◇—◇◇
Vinzenz Gruber
EVP & President, Europe
◇—◇◇◇—◇◇
Gustavo Valle
EVP & President, North America
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dirk Van de Put
Chair & CEO
◇—◇◇◇—◇◇
Maurizio Brusadelli
Former EVP & President, Asia, Middle East & Africa (AMEA)
Departed during or after this year
◇—◇◇◇—◇◇
Vinzenz Gruber
EVP & President, Europe
◇—◇◇◇◇◇◇
Luca Zaramella
EVP & Chief Financial Officer
◇—◇◇◇—◇◇
Gustavo Valle
EVP & President, North America
◇—◇◇◇—◇◇
Laura Stein
EVP, Corporate & Legal Affairs, General Counsel & Corporate Secretary
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dirk Van de Put
Chair & CEO
◇—◇◇◇—◇◇
Luca Zaramella
EVP & Chief Financial Officer
◇—◇◇◇—◇◇
Stephanie Lilak
EVP & Chief People Officer
◇◇◇◇◇—◇◇
Vinzenz Gruber
EVP & President, Europe
◇—◇◇◇◇◇◇
Gustavo Valle
EVP & President, North America
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dirk Van de Put
Chair & CEO
◇—◇◇◇—◇◇
Luca Zaramella
EVP, COO & CFO
◇—◇◇◇—◇◇
Volker Kuhn
EVP & President, Europe
◇◇◇◇◇◇◇◇
Gustavo Valle
EVP & President, North America
◇—◇◇◇—◇◇
Martin Renaud
EVP & Chief Marketing & Sales Officer
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Dirk Van de PutPSU◇—◇—◇—◇
Dirk Van de PutOPTION◇——◇—◇◇
Gustavo ValleOPTION◇——◇—◇◇
Gustavo VallePSU◇—◇—◇—◇
Luca ZaramellaPSU◇—◇—◇—◇
Luca ZaramellaOPTION◇——◇—◇◇
Martin RenaudPSU◇—◇—◇—◇
Martin RenaudOPTION◇——◇—◇◇
Volker KuhnOPTION◇——◇—◇◇
Volker KuhnRSU◇——◇——◇
Volker KuhnPSU◇—◇—◇—◇
Fiscal 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Dirk Van de PutOption◇—◇03/17/2035
Option◇—◇03/02/2033
Option◇—◇02/22/2028
PSU◇◇——
Option◇—◇02/20/2030
Option◇—◇02/22/2029
Option◇—◇11/20/2027
Option◇—◇02/18/2031
Option◇—◇02/24/2032
Option◇—◇02/27/2034
PSU◇◇——
Martin RenaudOption◇—◇02/20/2030
Option◇—◇02/18/2031
Option◇—◇02/22/2028
PSU◇◇——
Option◇—◇03/17/2035
PSU◇◇——
Option◇—◇02/22/2029
Option◇—◇02/24/2032
Option◇—◇03/02/2033
Option◇—◇02/27/2034
Gustavo ValleOption◇—◇02/20/2030
PSU◇◇——
Option◇—◇02/18/2031
Option◇—◇02/24/2032
Option◇—◇02/27/2034
Option◇—◇03/17/2035
PSU◇◇——
Option◇—◇03/02/2033
Volker KuhnPSU◇◇——
PSU◇◇——
Option◇—◇03/17/2035
Luca ZaramellaOption◇—◇02/18/2031
Option◇—◇02/22/2028
Option◇—◇02/22/2029
PSU◇◇——
PSU◇◇——
Option◇—◇02/16/2027
Option◇—◇08/01/2028
Option◇—◇02/20/2030
Option◇—◇03/17/2035
Option◇—◇02/24/2032
Option◇—◇03/02/2033
Option◇—◇02/27/2034
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Gustavo Valle
EVP & President, North America
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick T. Siewert
Lead independent director
◇◇———◇◇
Jane Hamilton Nielsen
◇◇————◇
Michael A. Todman
◇◇————◇
Cees t Hart
◇◇————◇
Ertharin Cousin
◇◇————◇
Jorge S. Mesquita
◇◇————◇
Brian J. McNamara
◇◇————◇
Paula A. Price
◇◇————◇
Nancy McKinstry
◇◇————◇
Charles E. Bunch
◇————◇◇
Anindita Mukherjee
◇—————◇
Dirk Van de Put served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Nominating and governance chair◇
Equity is delivered as deferred stock units.
Stock ownership guideline: 5x annual cash retainer ($575,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 3M Company MMM
  • Colgate-Palmolive Company CL
  • General Mills Inc. GIS
  • Johnson & Johnson JNJ
  • Kimberly-Clark Corporation KMB
  • McDonald's Corporation MCD
  • Nike, Inc. NKE
  • PepsiCo, Inc. PEP
  • Philip Morris International, Inc. PM
  • Starbucks Corporation SBUX
  • The Coca-Cola Company KO
  • The Estee Lauder Companies Inc. EL
  • The Kraft Heinz Company KHC
  • The Procter & Gamble Company PG

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 20, 2026=◇◇◇
2024May 21, 2025=◇◇◇
2023May 22, 2024=◇◇◇
2022May 17, 2023=◇◇◇
2021May 18, 2022=◇◇◇
2020May 19, 2021=◇◇◇
2019May 13, 2020=◇◇◇
2018May 15, 2019=◇◇◇
2017May 16, 2018=◇◇◇
2016May 17, 2017=◇◇◇
2015May 18, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Mondelez International disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Mondelez International sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
350 figures on this page: 339 cited to the filing that reported them, 11 calculated from figures it prints.
339 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001628280-26-038064
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001628280-26-023640
    CEO Pay Ratio · Grants of Plan-Based Awards · NON-EMPLOYEE DIRECTOR COMPENSATION · Non-Employee Director Compensation · and 2 more sections
  3. 0001103982-25-000171
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001103982-25-000113
    SUMMARY COMPENSATION TABLE
  5. 0001103982-24-000073
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001308179-24-000465
    2023 SUMMARY COMPENSATION TABLE
  7. 0001103982-23-000025
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001308179-23-000589
  9. 0001193125-22-156145
  10. 0001193125-21-169264
  11. 0001193125-20-143982
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001103982-20-000006
  13. 0001193125-19-148000
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-18-165256
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-17-173379
  16. 0001193125-16-594447
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Mondelez International executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MDLZ (accessed 2026).
Short form: data: Velarion

The paid brief for Mondelez International

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
16 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Mondelez International discloses

The companies named in MDLZ's own disclosed peer group.

3M CompanyColgate-Palmolive CompanyGeneral Mills Inc.Johnson & JohnsonKimberly-Clark CorporationMcDonald's CorporationNike, Inc.PepsiCo, Inc.Philip Morris International, Inc.Starbucks CorporationThe Coca-Cola CompanyThe Estee Lauder Companies Inc.The Kraft Heinz CompanyThe Procter & Gamble Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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