Mondelez International, the maker of snacks from Oreo to Ritz, has named a new chief financial officer.
The Deerfield-based snack food company has brought in former GE executive Brian Gladden as CFO replacing David Brearton, who will establish and launch a new coffee-making joint venture.
Brearton has been CFO of Mondelez since it was launched in 2012, and was CFO of Kraft Foods before that. He started with Kraft in 1984.
The new joint venture will be formed with with D.E. Master Blenders 1753 and is called Jacobs Douwe Egberts.
Gladden was most recently a senior vice president and CFO of Texas-based technology company Dell. He will join Mondelez on Monday, but won’t take over the CFO role until Dec. 1.
Mondelez shares fell slightly in midday trading.