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 announced yesterday (27 June)…
Changing faces at Kraft
Amid continued investor scepticism about the lethargic results generated by the ongoing companywide overhaul, Kraft Foods announced yesterday (27 June) the appointment of Irene Rosenfeld as CEO. Rosenfeld replaces Roger Deromedi, who has mutually agreed with the board to leave the company to ?pursue other interests?.
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…