This Is Why Mondelez's Embattled CEO Has Failed the Oreo Cookie Maker
Here's why Rosenfeld could be on her way out
As consumers opt for healthier snacks, businesses in the space, including Mondelez (MDLZ) - Get Report , have pushed back against the tide. That push-back isn't lost on its longtime CEO and chairwoman Irene Rosenfeld, who's feeling the tug from some shareholders who want a new leader at the helm.
The company engaged Heidrick & Struggles International, according to the Wall Street Journal, to review possible internal candidates and then external ones to replace Rosenfeld. Heidrick & Struggles declined to comment.
Among the products that Mondelez makes are Oreo cookies, Ritz Crackers and Trident gum.
Here's why Rosenfeld could be on her way out.
READ MORE: 3 Reasons Why Mondelez's Embattled CEO Has Failed the Oreo Cookie Maker
