Chief Future Officer: Mondeléz International's Luca Zaramella brought to you by Workday
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 2 February 2022
⏱️ 24 minutes
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Summary
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. Bloomberg's new monthly program, Chief Future Officer, profiles these leaders and explores the impact they're making on their companies and industries. This episode focuses on Mondeléz International CFO Luca Zaramella. He sits down with Taylor Riggs to discuss how the global food and beverage giant is meeting ambitious goals for growth as the snack food industry sees a surge in demand -- and how it's dealing with headwinds such as supply chain disruption and inflation.
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Transcript
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| 0:00.0 | What's on the horizon for financial markets? |
| 0:03.6 | At PGM, it's a question that over 1,400 investment professionals relentlessly research |
| 0:09.7 | in pursuit of your long-term goals. |
| 0:12.8 | Specialized across asset classes, but united in collaboration, |
| 0:17.1 | our teams provide global and local expertise. |
| 0:20.7 | Our investments shape tomorrow, today. |
| 0:24.1 | Pissue your tomorrow with PGM, a leading global asset manager. |
| 0:30.4 | While many industries have seen business suffer during the COVID pandemic, |
| 0:36.5 | the snack food sector has soared. |
| 0:39.2 | We all remember that time at the middle of March of 2020 where the world changed. |
| 0:45.6 | And for packaged food in general, that was a great thing. |
| 0:50.0 | For packaged food broadly, anything you could stock up for a meal time, |
| 0:54.5 | it was an incredible run to the grocery store. |
| 0:57.8 | The kind of volumes no one really ever expected. |
| 1:01.5 | Anything that is center-store, shelf-stable, and the supply chain could keep up with it, boomed. |
| 1:07.9 | Consumers stuck at home are finding comfort in comfort food, |
| 1:11.7 | and they're stocking up on snacks as new COVID variants threaten to create new supply disruptions. |
| 1:18.8 | Mondalees, the maker of Oreos, Cadbury, and many other iconic brands, |
| 1:23.9 | has been keeping a close eye on these developing trends. |
| 1:27.7 | As we went through the pandemic, we started to realize, |
| 1:31.6 | in our categories, biscuits and chocolate, the consumption is going up. |
| 1:37.2 | There is the need for physical and mental wellbeing, |
... |
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