ITV

Tag: Brian Gladden

  • Mondelez International elevates Luca Zaramella as EVP CFO

    Mondelez International elevates Luca Zaramella as EVP CFO

    MUMBAI: Mondelez International has elevated Luca Zaramella, appointing him as EVP chief finance officer. 

    His new role will be effective from 1 August, 2018.

    As the new CFO, Zaramella will be responsible for the oversight of the company’s global finance, information and technology solutions and shared services functions. 

    He will report directly to Dirk Van de Put, chairman and chief executive officer, and will be a member of the Mondelez International leadership team. 

    Zaramella will replace Brian Gladden, who will leave the company in August. After 10 years as a public company CFO, Gladden has decided to pursue an opportunity outside of the Fast Moving Consumer Goods  (FMCG) sector. 

    “Luca is a strong financial and strategic leader who possesses deep knowledge of our commercial business at a local level around the world, and deep financial expertise,” noted Van de Put. “He has been developed to take on this role for many years and has been closely involved in the development of our new strategic framework.”

    On leaving the organisation, Brian Gladden said, “I have enjoyed working with the Mondelēz International team to build a world-class global finance organisation. Leaving the company is a tough decision, but I look forward to a new career experience and depart knowing that Luca is an ideal choice to be the company’s next CFO.  Luca and I have worked side-by-side over the past few years, and I have incredible respect for his financial expertise and company knowledge.”

    With more than 20 years of broad financial experience in both emerging and developed markets, and a track record of delivering strong results, Zaramella has an intimate knowledge of the company’s business across products, markets, operations, competitors and customers.  

    Zaramella has served as Mondelez International’s SVP of corporate finance since 2016 and was the SVP and corporate controller from 2014 to 2016. Prior to that, he was SVP of finance at Mondelez Europe. He began his career with the company in Italy before holding positions of increasing seniority in Latin America, Europe and North America.

    Mondelez International had a net revenue of approximately $26 billion in 2017. The company is a world leader in biscuits, chocolate, gum, candy and powdered beverages, featuring global Power Brands such as Oreo and belVita biscuits; Cadbury Dairy Milk and Milka chocolate; and Trident gum.

  • Dell Ventures to spend $ 300 Milllion for innovation

    Dell Ventures to spend $ 300 Milllion for innovation

    NEW DELHI: Dell Ventures, Dell’s strategic investment arm, has announced an expanded commitment to entrepreneurship and innovation with a $300 million Strategic Innovation Venture Fund. The fund will enable Dell to invest in early-to-growth-stage companies in emerging technology areas including storage, cloud computing, big data, next-generation data center, security and mobility.

    Earlier, Dell made major investment fund on the $60 million Dell Fluid Data Storage Fund announced last year. Since then, Dell has completed road shows to meet with entrepreneurs and VCs in Silicon Valley, Boston and Israel, reviewed hundreds of companies and invested in numerous startups that have contributed to Dell’s storage and end-to-end solutions innovation.

    As the global business environment evolves and customers are increasingly challenged by the pace of change with virtualisation, cloud computing, big data and mobility, Dell is expanding its venture investments to new areas of IT innovation.

    “Dell is committed to bringing the most innovative, affordable and easy to manage technology solutions to our customers. To accomplish this, we will aggressively pursue organic investment in R&D, acquisitions and venture investing,” said Dell Chief Financial Officer Brian Gladden in a release. “The expansion of our venture investing will allow us to stay at the forefront of innovation for our customers, and support the entrepreneurs who are helping shape the future of IT.”

     

    The Dell Ventures model is to co-invest with venture capitalists and other strategic investors, acting as a board advisor and making the full breadth of Dell resources available to the portfolio company. These resources include technical and business counsel, as well as access to brand scale, OEM solutions, channel and go-to-market relationships. 

    In addition to equipping startups with resources through Dell Ventures, Dell provides entrepreneurs an access to the technology, financing, networks and knowledge that they need to turn a great idea into a successful, growing business through the Dell Center for Entrepreneurs.