Mondelez International, Inc. Watchdog Report ™ MDLZ (NASDAQ Global) | CIK:1103982 | United States | SEC llings The new model for duciary analysis Sep 24, 2021 Jan 1, 2020 Jan 1, 2016 RECENT PERIOD HISTORICAL PERIOD Trading Suspended Mar 31, 2021 10-Q led on Jul 27, 2021 for period ending Jun 2021 Trading suspended. Called for redemption. Reporting Irregularities RECENT HISTORICAL Financial Restatements Trading Suspended Jan 26, 2021 Trading suspended due to expiration Revisions
Out of Period Adjustments Key Facts Late Filings Business address: Chicago, Illinois, United States Impairments Industry: Dry, Condensed, and Evaporated Dairy Product Manufacturing (NAICS 311514) Changes in Accounting Estimates SEC ler status: Large Accelerated Filer as of Jun 2021 Disclosure Controls Index member: S&P 500, Russell 1000
Market Cap: $84.4b as of Sep 24, 2021 Internal Controls
Annual revenue: $26.6b as of Dec 31, 2020 Critical / Key Audit Matters Anomalies in the Numbers Corporate Governance RECENT HISTORICAL Benford's Law CEO: Dirk Van de Put since 2017 CFO: Luca Zaramella since 2018 Beneish M-Score 1st level Accounting Disclosure Complexity Board Chairman: Dirk Van de Put since 2018 Securities & Exchange Commission Concerns RECENT HISTORICAL Audit Committee Chair: NOT AVAILABLE 2nd level SEC Oversight
Auditor: PricewaterhouseCoopers LLP since 1998 SEC Letters to Management
Outside Counsel (most recent): Hogan Lovells US LLP Revenue Recognition 3rd level Non-GAAP Measures SEC Reviewer: (unknown) 4th level Litigation & External Pressures RECENT HISTORICAL Signi cant Litigation
Securities Class Actions
Shareholder Activism
Watchdog Research, Inc., offers both individual and group subscriptions, Cybersecurity data feeds and/or custom company reports to our subscribers. Management Review Subscribe: We have delivered 300,000 public company reports to over RECENT HISTORICAL 27,000 individuals, from over 9,000 investment rms and to 4,000+ public CEO Changes company corporate board members. CFO Changes
How to analyze this company's Watchdog Insider Sales Report? Skip to the last page Pledged Securities
Information in this report is effective Sep 24, 2021 and is taken from the Mergers & Acquisitions company's public nancial and regulatory lings. Latest ling 10-Q led Sales of Assets 07/27/2021. Over 75 accounting and data analysts scrutinize and review crucial information, footnotes, disclosures, etc., from these lings. Material Auditor Assessment facts are captured and processed using our proprietary methods which RECENT HISTORICAL identify key risk factors our readers need to know. Each Watchdog Report Auditor Changes represents 30 or more hours of analysis and processing. Auditor Experience
Accounting and nancial disclosure data from Audit Analytics. Auditor Tenure Executive compensation data from Shore Group and Intrinio. Data from Sharadar. Audit Fees Data from Barchart via Quandl. Non-Audit Fees Data from Exchange Data International via Quandl.
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Overview Reporting Irregularities Anomalies in the Numbers SEC Concerns Litigation & External Pressures Management Review Auditor Assessment Peer Group
Overview
Price and Volume History
This graph shows the price and trading history for Mondelez International. Warning signs and red ags are marked on the graph according to their disclosure dates.
1 Jul 27, 2021 - Disclosure Controls 19 Jul 29, 2020 - Disclosure Controls
2 May 26, 2021 - Mergers & Acquisitions 20 Apr 1, 2020 - Pledged Securities
3 Apr 28, 2021 - Disclosure Controls 21 Feb 25, 2020 - Mergers & Acquisitions
4 Apr 7, 2021 - Pledged Securities 22 Feb 7, 2020 - Impairment
5 Apr 1, 2021 - Mergers & Acquisitions 23 Feb 7, 2020 - Critical / Key Audit Matters
6 Mar 31, 2021 - Trading Suspended 24 Feb 6, 2020 - Insider Sale
7 Mar 25, 2021 - Mergers & Acquisitions 25 Jan 3, 2020 - Insider Sale
8 Feb 22, 2021 - Insider Sale 26 Nov 21, 2019 - Insider Sale
9 Feb 22, 2021 - Insider Sale 27 Jul 31, 2019 - Disclosure Controls
10 Feb 12, 2021 - Lawsuit: Coubaly et al v. Cargill Incorporated et al 28 May 21, 2019 - SEC letters to management
11 Feb 5, 2021 - Impairment 29 May 1, 2019 - Disclosure Controls
12 Feb 5, 2021 - Disclosure Controls 30 Mar 29, 2019 - Pledged Securities
13 Feb 5, 2021 - Critical / Key Audit Matters 31 Feb 27, 2019 - Insider Sale
14 Jan 26, 2021 - Trading Suspended 32 Feb 15, 2019 - Delisted from NYSE
15 Jan 4, 2021 - Mergers & Acquisitions 33 Feb 8, 2019 - Impairment
16 Nov 20, 2020 - Lawsuit: 68th Street Site Work Group v. 7 Eleven Inc et al 34 Feb 8, 2019 - Disclosure Controls
17 Nov 3, 2020 - Disclosure Controls 35 Feb 8, 2019 - Cybersecurity
18 Oct 19, 2020 - Insider Sale 36 Nov 21, 2018 - Insider Sale
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 37 Oct 30, 2018 - Disclosure Controls 53 Aug 2, 2017 - Disclosure Controls
38 Aug 17, 2018 - Change in CFO 54 Aug 2, 2017 - Cybersecurity
39 Aug 16, 2018 - Cybersecurity 55 Jun 28, 2017 - Cybersecurity
40 Jul 26, 2018 - Disclosure Controls 56 Jun 26, 2017 - SEC letters to management
41 May 6, 2018 - Mergers & Acquisitions 57 May 3, 2017 - Disclosure Controls
42 May 2, 2018 - Disclosure Controls 58 Feb 28, 2017 - SEC letters to management
43 Apr 2, 2018 - Pledged Securities 59 Feb 24, 2017 - Impairment
44 Feb 26, 2018 - Insider Sale 60 Feb 24, 2017 - Impairment
45 Feb 9, 2018 - Impairment 61 Feb 24, 2017 - Disclosure Controls
46 Feb 9, 2018 - Impairment 62 Oct 26, 2016 - Disclosure Controls
47 Feb 9, 2018 - Disclosure Controls 63 Jul 27, 2016 - Disclosure Controls
48 Feb 9, 2018 - Cybersecurity 64 Apr 28, 2016 - Disclosure Controls
49 Oct 31, 2017 - Disclosure Controls 65 Feb 19, 2016 - Impairment
50 Oct 31, 2017 - Cybersecurity 66 Feb 19, 2016 - Impairment
51 Sep 28, 2017 - Change in CEO 67 Feb 19, 2016 - Change in Accounting Estimates
52 Sep 20, 2017 - Insider Sale
Noti cations
Important noti cations related to the company are listed here. Noti cations may come from the SEC, exchanges such as the NYSE or NASDAQ, or Watchdog Research. Examples of noti cations include announcements of bankruptcy proceedings, company name changes, and noncompliance with SEC regulations or exchange rules.
Mondelez International has 3 noti cations since 2016.
Event date Type Headline Message Source
03/31/2021 Suspension or Delisting Trading Suspended Trading suspended. Called for redemption. NASDAQ
01/26/2021 Suspension or Delisting Trading Suspended Trading suspended due to expiration NASDAQ
02/15/2019 Suspension or Delisting Delisted from NYSE Voluntary delisting from NYSE NYSE
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Peer Group
Peer groups are used by companies to benchmark executive compensation and performance. Each company identi es its own peer group. Peer groups vary from company to company.
Peer Group Companies Who Named Mondelez International as a Peer Company Ticker Market Cap Company Ticker Market Cap Johnson & Johnson JNJ $433b Procter & Gamble Co. PG $348b Procter & Gamble Co. PG $348b P zer Inc. PFE $246b Nike Inc. NKE $234b Nike Inc. NKE $234b Coca Cola Co. KO $233b Coca Cola Co. KO $233b PepsiCo Inc. PEP $213b Abbott Laboratories ABT $220b McDonalds Corp. MCD $184b PepsiCo Inc. PEP $213b Philip Morris International Inc. PM $159b McDonalds Corp. MCD $184b Unilever Plc. UL $142b Linde PLC LIN $160b Starbucks Corp. SBUX $135b Charter Communications, Inc. CHTR $136b Mondelez International, Inc. MDLZ $84.4b Mondelez International, Inc. MDLZ $84.4b
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Peer Flag Comparison
The return to a company’s stock is not the only measure of executive performance. Ethics matter, and growth can quickly reverse and gains evaporate if a company’s accounting and nancial reporting processes are not fundamentally sound and trustworthy. How does Mondelez International's accounting quality compare to its peer group?
MDLZ PEER GROUPFLAGS MDLZ PEER GROUPFLAGS Reporting Irregularities Litigation & External Pressures
Financial Restatements 9 Signi cant Litigation 1 2 6
Revisions 7 2 Securities Class Actions 7 2
Out of Period Adjustments 8 1 Shareholder Activism 9
Impairments 1 8 Cybersecurity 4 5
Changes in Accounting Estimates 5 4 Management Review
Disclosure Controls 2 7 CEO Changes 5 3
Internal Controls 9 CFO Changes 2 2 4
Critical / Key Audit Matters 7 2 Insider Sales 2 3 4
Pledged Securities 6 1 2 Anomalies in the Numbers
Benford's Law 6 3 Mergers & Acquisitions 3 6
Beneish M-Score 6 1 Sales of Assets 9
Accounting Disclosure Complexity 5 3 1 Auditor Assessment
Auditor Changes 9 Securities & Exchange Commission Concerns
SEC Oversight 8 1 Auditor Experience 9
SEC Letters to Management 9 Auditor Tenure 1 8
Revenue Recognition 6 3 Audit Fees 5 4
Non-GAAP Measures 9 Non-Audit Fees 7 2
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