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Mondelez CEO Irene Rosenfeld Stepping Down Is 'a Bit of a Shock,' Jim Cramer Says

Mondelez CEO Irene Rosenfeld is stepping down.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said the announcement of Irene Rosenfeld stepping down as CEO of Mondelez (MDLZ) - Get Mondelez International, Inc. Class A Report  was a "bit of a shock."

Cramer said the combination of Amazon (AMZN) - Get, Inc. Report and Whole Foods (WFM) is going to change the dynamic of food companies. 

Watch all of Jim Cramer's latest videos, right here:

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