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Crain's Chicago Business reports that CEO Irene Rosenfeld has announced her decision to step down as CEO this November, and then remain as chairman until retiring in March 2018.

She will be succeeded by Dirk Van de Put, currently the CEO of McCain Foods.

The New York Times writes that Rosenfeld steps down "after an 11-year tenure punctuated by battles with activist investors, stagnant sales growth and the changing demands of increasingly health-conscious snackers."

The Times also notes that Rosenfeld was "one of the few female top executives in corporate America," and "led Mondelez through some of its biggest transitions, including a split from Kraft Foods in 2012. Her departure leaves fewer than 30 women at the helm of companies listed on the Standard & Poor’s 500."
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