Mondelēz International Appoints Chief Strategy and Transformation Officer
Mondelēz International has named Minsok Pak as Executive Vice President, Chief Strategy and Transformation Officer. In this role, he will be responsible for enterprise strategy as well as strategic growth opportunities, including M&A, new business and digital transformation initiatives.
He will also lead SnackFutures, the company’s innovation and venture hub. Minsok Pak will report directly to Dirk Van de Put, Chairman and Chief Executive Officer, and will be a member of the Mondelēz International Leadership Team effective January 13, 2020.
“Minsok brings extensive international experience developing and implementing enterprise strategies and growth initiatives in the consumer and retail sectors,” says Dirk Van de Put. “His track record of accelerating growth and driving transformation, together with his detailed understanding of the global consumer landscape, will be an asset to Mondelēz International as we continue to lead the future of snacking. We are pleased to welcome him and look forward to his contributions to our future growth.”
Minsok Pak joins from Target Corporation, where he was Executive Vice President and Chief Strategy and Innovation Officer. In this role, he had oversight of Target’s enterprise strategy and innovation efforts and helped lead the development and implementation of the company’s growth strategy. Prior to Target, he served as Senior Vice President, LEGO Retail/Shopper Marketing and Channel Development at The LEGO Group, based in London, where he led the company’s branded omnichannel retail business including e-commerce in more than 20 markets, and its shopper marketing and channel development efforts. He began his career at McKinsey & Company, where he spent nearly two decades in various roles, including Head of the Asia-Pacific Sales and Marketing, and other leadership positions in North American Supply Chain and Asia Consumer & Retail practices.
“This is an exciting time for me to join Mondelēz International as the company continues to execute on its consumer-focused strategy and grow its strong portfolio of brands around the world,” says Minsok Pak. “I look forward to working with the team to identify new opportunities for growth and innovation.”
With 2018 net revenues of approximately $26 billion, Mondelēz International is the global leading in snacking with iconic global and local brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum.
