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…