Mondelez International (MDLZ) executive compensation, 2026 proxy

Dirk Van de Put, Chair & CEO, was paid $24.5M in 2025, up 10% from $22.3M the year before. The CEO-to-median-employee pay ratio was 645:1, on median employee pay of $38,024.

Filed
April 3, 2026
Pay year
2025
Named executives
5
CEO total pay
$24.5M+10% vs prior year
CEO to median employee
645:1median $38,024
CEO pay in equity
77%$18.9M in awards
Prior say-on-pay support
94%of votes cast
CEO Target Compensation At Risk
93%Variable compensation portion
CEO Equity-Based Compensation
78%PSUs and stock options
Free Cash Flow Generated
$3.2B2025 performance
Shareholder Return Support
94%Say-on-pay approval rate

How Put was paid

$24.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards59%Option awards18%Non-equity incentive13%All other compensation3%

Named executive officers

ExecutiveTotal
Dirk Van de PutChair & CEO$24,516,114
Luca ZaramellaEVP, COO & CFO$9,662,771
Volker KuhnEVP & President, Europe$8,783,094
Gustavo ValleEVP & President, North America$5,783,083
Martin RenaudEVP & Chief Marketing & Sales Officer$4,654,167

What changed and why

  • $24.5MCEO total compensation increased to $24,516,114 in 2025 from $22,304,723 in 2024 due to higher stock and option awards.
  • Earnings declined in 2025 due to unprecedented input cost increases in cocoa.
  • $3.2BOrganic net revenue growth was 4.3% while free cash flow reached $3.2 billion.
  • 94%At the 2025 Annual Meeting, approximately 94% of votes cast supported Say-on-Pay.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.