Kraft Foods head Irene Rosenfeld was paid $22m in 2011, according to figures in a recent filling to the US Securities and Exchange Commission.
Rosenfeld’s pay increased 13.5% on last year, due to performance related bonuses, including meetings targets to cut costs at Cadbury.
Her bonuses almost doubled to $4.2m,
Rosenfeld has served as our Chief Executive Officer and a director since June 2006.
She will head Kraft’s Global Snacks Business (Mondelez) when the company splits its operations later this year into a global snacks arm and a North American Grocery company.