Irene Rosenfeld Net Worth, Early Life, Education, Career, Boards, Honors, Husband and Salary

Published Date   14th Aug. 2017, 03:47 am
Irene Rosenfeld Net Worth, Early Life, Education, Career, Boards, Honors, Husband and Salary
Quick Info
Birth Name: Irene Rosenfeld
Date of Birth: 03/05/1953
Age: 69 years old
Nationality: American
Net Worth: $80 million
Qualification: Master’s degree in business and then PhD in marketing and statistics.

American business executive, Irene Rosenfeld net worth rose as she became the Chief Executive Officer (CEO) and chairwoman of prestigious multinational company Mondelēz.


Born in 1953, Irene Rosenfeld started working at Dancer Fitzgeral Sample advertising agency in New York City. Later, she went to work with General Foods in the department of consumer research. Her further work history includes Frito-Lay, a division of PepsiCo where she served as chairperson and CEO before finally landing in Mondelēz. Irene Rosenfeld net worth rose as she took up the position of CEO and chairman in the multinational company Mondelēz International, Inc.

Early Life and Education

Irene Blecker Rosenfeld was born on May 3, 1953 in Westbury, New York in the United States of America. She is an American belonging to white ethnicity; however, she as Romanian and German Jewish descent. Her parents are Seymour Blecker and Joan Blecker. Rosenfeld grew up with her sister Linda Blecker. She aspired to be the president of America when she was young; however, she steered towards business career as she realized politics was not her cup of tea.

Talking about Rosenfeld’s education, she went to W. Tresper Clarke High School located in Westbury, New York. For further study, she went to Cornell University from where she earned her bachelor’s degree in psychology. She later earned master’s degree in business and then PhD in marketing and statistics.

Professional Career Highlights

Irene Rosenfeld net worth started to rise as she got into Dancer Fitzgerald Sample advertising agency located in New York City. After gaining some experience form Dancer, she went to work with General Foods joining consumer research.

Her experience and diligence attracted attention of Frito-Lay, a division of PepsiCo, where she became chairperson and CEO in 2004. As a CEO of the company, Rosenfeld emphasized on products promotion. A couple of years later, Rosenfeld joined Krafts Food (Mondelēz) as CEO, as announced in 2014.  Among many, one of her remarkable tasks was to lead the restructuring and turnaround of key business in the US, Moscow and Canada. She has steered the promotion of products like Oreo, Trident and Ritz swiftly.

Rosenfeld later moved to newer plant, Mexico from suburban Chicago, which rose controversy.

Memberships and Boards

The notable business executive is engaged with various industry and community organizations. She is involved in the Economic Club of Chicago. In addition, she became the chairman of the Economic Club of Chicago in March 2007.

In addition, Irene Rosenfeld net worth heightens due to her serving on boards. She serves as board of directors for Grocery Manufacturers Association and Consumer Goods Forum. Likewise, Rosenfeld serves as board of trustees in her alma mater, Cornell University.

Honors and Awards

As a reformative CEO, Irene Rosenfeld net worth has risen higher every year, so as her recognition and honorary presence. The Wall Street Journal placed her 6th in the list of “50 Women to Watch” in 2008. Forbes has listed her among 100 most powerful women in the world several times. Similarly, Forbes ranked her 14th in 2014 list just below Oprah Winfrey.

Controversy and Criticism

Mondelēz and Rosenfeld underwent criticism during 2016 presidential election campaigns. Republican candidate Donald Trump and Democratic candidate Hillary Clinton and Bernie Sanders criticized them for outsourcing some 600 US jobs from Chicago to Salinas, Mexico. They encouraged the boycott of Oreo.

Personal Life and Husband

Irene Rosenfeld married Philip Rosenfeld in 1977 and she adapted his last name. However, the couple lasted only until 1995. Later, she married Richard Illgen. The couple is still together. Rosenfeld is the mother of daughters.

Salary and Net Worth

The successful business executive and chairman of Mondelēz has a huge net worth due to her experience, knowledge and brilliance. Irene Rosenfeld net worth according to the recent data is $80 million while she earns salary of $30 million. Her doubling salary in a year i.e. $10.5 million in 2009 and $19.29 million in 2010 demonstrates her capability and worth as a CEO.

The young and aspiring soul Irene Rosenfeld dreamt of being a president of the US; however, she later changed her direction to business. As a result, Rosenfeld became one of the most powerful and highest earning women in business.

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