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Milka maker names new Board members as Peltz concentrates on Procter & Gamble. ©GettyImages-zoliky

Activist investor Nelson Peltz to leave Mondelēz Board

By Oliver Nieburg

Trian Fund Management CEO Nelson Peltz, who pushed for a merger between Mondelēz and PepsiCo five years ago, will stand down from Mondelez’s Board of Directors as the Cadbury maker names two new members.

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