Changing faces at Kraft
Kraft CEO heads into sunset as spin-off looks certain
Amid continued investor scepticism about the lethargic results generated by the ongoing companywide overhaul, Kraft Foods has announced the appointment of Irene Rosenfeld…
US: Kraft board replaces its CEO
The US’s largest food company, Kraft, yesterday (26 June) announced that its board of directors had decided to replace Roger…
US: Kraft names Finard global category chief
US food group Kraft Foods has announced the appointment of Jeri Finard as executive vice president, global category development. …
Kraft bites the bullet again
Kraft Foods is taking drastic action to tackle problems of rising costs and lower margins but while the second swathing…
US: Kraft to cut its workforce by 8% despite Q4 growth
Kraft Foods yesterday (30 January) announced that despite a 23% rise in fourth quarter earnings, the company was going to…
EU: Kraft to reorganise European operations
Kraft Foods today (31 January) announced that, in support of its Sustainable Growth Plan, it plans to reorganise and simplify…