Today: 24 April 2026
Mondelez taps ex-Danone veteran to lead Sub-Saharan Africa as Oreo tops $4bn a year
4 March 2026
2 mins read

Mondelez taps ex-Danone veteran to lead Sub-Saharan Africa as Oreo tops $4bn a year

CHICAGO, March 4, 2026, 14:30 (CST)

Hisham Ezz El-Arab, who spent 22 years at Danone, announced Tuesday on LinkedIn that he’s now heading up Mondelez International’s (MDLZ.O) Sub-Saharan Africa operations. In his post, Ezz El-Arab said he was “delighted to share” the move, taking on the role of President, Sub-Saharan Africa after leaving Danone. LinkedIn

The hire comes as the Oreo and Cadbury maker scrambles to keep volumes from slipping, following a year where price hikes carried the results. According to Zacks Equity Research on Monday, Mondelez posted a 4.3% gain in organic net revenue—this strips out currency effects and M&A—for 2025. But volume and mix were down 3.7%. Looking ahead, Zacks sees 2026 organic net revenue ranging from flat to up 2%. That forecast assumes Mondelez will have to reinvest more to hold demand steady.

Sub-Saharan Africa doesn’t bring in the biggest profits for the company, but with rapid population growth and more people moving to cities, Mondelēz sees plenty of snacking potential. The company has continued to press for wider distribution in these growth regions, while consumers in wealthier countries are cutting back, buying fewer packs and trading down.

Mondelez operates manufacturing and processing facilities in numerous countries, distributing its snacks to over 150 markets worldwide, Reuters company data shows. The company’s lineup features brands like Oreo, Ritz, Cadbury, Milka, and Toblerone.

Oreo is hauling in over $4 billion a year worldwide, according to trade publication Bakery&Snacks on Wednesday, which describes it as among the most valuable names in snacks. Ritz, for its part, has topped $1 billion in yearly sales, the publication added.

Nandini Roy Choudhury, a consultant with Future Market Insights, credits Mondelez’s broad brand roster and global reach for turning its snacking lineup into a confectionery heavyweight. She highlighted the company’s “disciplined” approach to bolt-on acquisitions—those smaller deals—as well as sharper revenue tactics like pricing changes and pack-size tweaks, all crucial when cocoa prices and other costs stay unpredictable. FoodNavigator.com

Rivals are contending with a similar cocktail of hesitant consumers and unpredictable input costs. PepsiCo and Hershey have pushed their core snack and candy products aggressively. J.M. Smucker, meanwhile, has tapped its major brands to break out of the traditional grocery category.

Ezz El-Arab has a wide brief. Mondelez pushes everything from chocolate to biscuits and candy across the region, but the main growth lever tends to be route-to-market—moving product into small shops fast, not just stocking supermarket shelves. In these markets, execution counts more than catchy slogans.

Still, Sub-Saharan Africa is a tough market. Currency swings might wipe out pricing gains. Supply snags can suddenly cut into availability, and sharp price hikes tend to sap demand for these discretionary treats.

Mondelez ended Monday down 1.85%, trailing a number of other consumer names as U.S. stocks put in a mixed performance, according to MarketWatch. Shares finished at $60.44, falling short of their 52-week high. Trading volume came in below the recent average.

Mondelez faces pressure to grow its reach and defend its turf—without over-relying on price hikes. As for the Africa team shakeup, that’ll be measured where it counts: volume numbers, not job titles.

Stock Market Today

  • XPeng Shares Slide Amidst Mixed Financials and Valuation Debate
    April 24, 2026, 4:50 PM EDT. XPeng (NYSE:XPEV) shares have declined over 16% in the past month and 17% over three months, reflecting short-term selling pressure despite a 63.4% total shareholder return over three years. The electric vehicle maker reported annual revenue of CN¥76.7 billion with 15.4% growth but posted a net loss of CN¥1.1 billion, although net income growth improved 45.9%. Analysts remain divided on valuation: the popular model values XPeng shares at $28.16, signaling undervaluation versus the $15.90 closing price, driven by aggressive overseas expansion and improving margins. Yet a discounted cash flow model pegs fair value at $7.69, suggesting shares may be overvalued. Market watchers face a tug-of-war between growth optimism and risks from price competition and capital needs.

Latest article

Meta’s Amazon Chip Deal Shows AI Race Is Moving Beyond Nvidia GPUs

Meta’s Amazon Chip Deal Shows AI Race Is Moving Beyond Nvidia GPUs

24 April 2026
Meta has signed a multiyear deal worth billions to use Amazon Web Services’ Graviton5 chips for AI, deploying tens of millions of cores. Meta plans 2026 capital spending of up to $135 billion and will cut about 8,000 jobs, with layoffs effective May 20. Meta shares rose $16.87 to $676.02 near the U.S. close; Amazon gained $8.87 to $263.95. Meta will report first-quarter results after the market closes April 29.
Liberty Broadband Stock Plunges 26% as Charter Earnings Jolt Merger Bet

Liberty Broadband Stock Plunges 26% as Charter Earnings Jolt Merger Bet

24 April 2026
Liberty Broadband shares dropped about 26% Friday, mirroring a plunge in Charter Communications after Charter reported losing 120,000 internet customers last quarter, more than expected. Liberty holders are set to receive Charter stock under a pending merger, tying Liberty’s value to Charter’s share price. Charter closed down 26% at $179.04. Liberty’s Class A and C shares traded near $41.65 late in the session.
Ouster Stock Jumps as Atlanta Traffic Deal Puts BlueCity Near 2026 World Cup Sites

Ouster Stock Jumps as Atlanta Traffic Deal Puts BlueCity Near 2026 World Cup Sites

24 April 2026
Ouster Inc shares climbed 6.7% to $28.17 Friday after announcing its BlueCity lidar traffic system will be deployed at over 30 Atlanta intersections ahead of the 2026 FIFA World Cup. The expansion, in partnership with Georgia DOT and Southern Lighting & Traffic Systems, builds on earlier installations near Mercedes-Benz Stadium. Ouster will report first-quarter results May 5.
Oracle cloud outage hits TikTok U.S. again as March 10 earnings near
Previous Story

Oracle cloud outage hits TikTok U.S. again as March 10 earnings near

Silver price rebounds after Tuesday selloff as dollar cools and jobs data looms
Next Story

Silver price rebounds after Tuesday selloff as dollar cools and jobs data looms

Go toTop