Pinnacle Foods appoints Mondelezs Mark Clouse as CEO

Pinnacle Foods appoints Mondelez's Mark Clouse as CEO

Pinnacle Foods, the US group behind brands including Duncan Hines and Gardein, has named Mondelez International executive Mark Clouse as its new CEO.

Clouse, chief commercial officer at Mondelez, will take up the role on 23 May.

Pinnacle said last month current CEO Bob Gamgort would leave the company at the end of April to become CEO post at Keurig Green Mountain.

Between Gamgort's departure and Clouse's approval, Pinnacle CFO Craig Steeneck is to act as CEO on an interim basis.

At Mondelez, Clouse oversees commercial execution at the Oreo maker, as well as the global sales function at the snacks giant. Clouse took the role last autumn, moving from his previous position as Mondelez's chief growth officer.

"We are thrilled to welcome Mark to Pinnacle as our new CEO," said Pinnacle chairman Roger Deromedi. "Mark's strong operating background and proven track record of success, combined with his broad experience in both the North American market and more entrepreneurial developing market businesses, make him the ideal candidate to lead Pinnacle and drive the continued success of our business model and strategy."

Clouse, commenting on his appointment, added: "I believe the company's proven business model and strategy will continue to deliver consistently strong results, and I look forward to leading the organisation through its next stage of attractive value creation."