Mondelez International Inc-A

Mondelez International has appointed Hisham Ezz El-Arab, a former Danone executive, to lead its Sub-Saharan Africa operations. The move comes as the snack giant's Oreo brand surpasses $4 billion in global annual revenue while the company faces volume declines.

PepsiCo shares gained 1.29% to $169.74 Friday, closing just under its 52-week peak. The company faces retailer pressure on ingredients while preparing for its March 31 dividend payout.

PepsiCo shares fell 0.8% to $165.94 Friday as markets prepared for a holiday closure. Attention shifts to the company's Feb. 18 presentation at the Consumer Analyst Group of New York conference.

Mondelez International shares advanced 1.3% as cocoa prices hit a two-year low near $3,978 per ton. Investors await upcoming CPI data and the company's CAGNY presentation for further direction.

PepsiCo stock rose 1.3% as the company announced U.S. snack price reductions and placed executives on Celsius Holdings' board. Broader equities advanced following a strong jobs report.

PepsiCo shares surged 10% this week, closing at $170.49, as investors rotated into defensive consumer staples. Key inflation data and the company's upcoming CAGNY presentation are in focus.