Create a free Manufacturing.net account to continue

Daily Sound Bite: Making Fun of Mondelez

Executives for Mondelez must be accustomed to a bit of mockery by now as market analysts and shoppers alike scratch their heads at the unusual name. In a high-profile on CNBC this week, activist investor Nelson Peltz took his turn poking fun at the oddly named company.

Executives for Mondelez, the snack foods company that spun off from Kraft last year, must be accustomed to a bit of mockery by now as market analysts and shoppers alike scratch their heads at the unusual name. In a high-profile on CNBC this week, activist investor Nelson Peltz took his turn poking fun at the oddly named company. He said,

"It sounds like a disease — 'suffering from Mondelez.'"

[read more]