other_material
confidence high
sentiment neutral
materiality 0.30
Mondelez adopts new severance plan for key executives; annual meeting defeats five shareholder proposals
Mondelez International, Inc.
- Severance Plan for Key Executives approved May 20; offers 12 months salary, pro-rated bonus, equity acceleration for eligible officers.
- Annual meeting held May 21; 86.8% of shares represented; all 10 director nominees elected.
- Say-on-pay and Global Employee Stock Purchase Matching Plan both approved by wide margins.
- Five shareholder proposals (supplier code, packaging, climate lobbying, human rights, recycled content) all defeated.
item 5.02item 5.07