Blog: Kraft management shake-up

Catherine Sleep | 14 September 2006

They say that a new broom sweeps clean, and it’s certainly proved to be the case at Kraft Foods. Newly installed CEO Irene Rosenfeld has wasted little time in implementing a management shuffle at the highest level. Some might even call it a cull, as a number of high-ranking executives will be leaving the company, including executive vice presidents Paula Sneed, Dave Johnson, Linda Hefner and Hugh Roberts.

A more thoughtful response would be to interpret Rosenfeld’s initiative as a strategy to line up the people she feels can best help her get the company in shape before the anticipated spin-off by majority shareholder Altria. At the very least she has demonstrated she can act quickly and decisively.

Who's packing their bags?


BLOG

UK regulator shines light on Amazon's Deliveroo investment

Amazon's move to invest in UK food-delivery business Deliveroo caught the eye when it was announced in May – but it’s also attracted the attention of the country’s competition regulator....

BLOG

Amazon tries again in UK food delivery

Perhaps today's most eye-catching corporate food story here in the UK is Amazon's decision to invest in food-delivery business Deliveroo....



Forgot your password?