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OREOS BOSS: The reaction to Amazon’s deal for Whole Foods was ‘overplayed’





Irene Rosenfeld

• Irene Rosenfeld, the CEO of Mondelēz International, doesn’t seem interested in buying Nestlé’s candy business, despite speculation on Wall Street that Mondelēz might be a potential bidder. “We are quite satisfied with the portfolio we have today,” she said. “We don’t need M&A to deliver our growth.”

• Rosenfeld says the news about Amazon buying Whole Foods has been a bit “overplayed” with respect to how quick and drastic the change will be.

• Mondelēz is perhaps best known as the maker of Oreos, but according to Rosenfeld, the biggest trend it is seeing from consumers is a push toward read more >>>

Source:: BusinessInsider.Com

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