Peltz to step down from Oreo maker Mondelez's board

Reuters

Published Feb 13, 2018 09:53AM ET

Peltz to step down from Oreo maker Mondelez's board

(Reuters) - Oreo cookies maker Mondelez International Inc (O:MDLZ) said on Tuesday activist investor Nelson Peltz would step down from its board of directors nearly four years after he was appointed.

Peltz, the CEO of Trian Fund Management, will step down on March 1 to give more time to other companies' boards.