Kraft Foods has appointed the CEOs and chairmen of its future global snacks and North American grocery companies, following the company's split, scheduled to be completed by the end of 2012.
The company has said that Irene Rosenfeld will be chairman and CEO of the global snacks company, with $31bn in estimated annual revenue.
"Irene was the obvious choice to lead the global snacks company," said Mark Ketchum, lead director of the Kraft Foods board of directors. "As a result of her bold vision, courage to transform Kraft Foods' portfolio and investment in core brands and high-growth developing markets, we are now able to launch two formidable world-class companies."
Copyright - Unless otherwise stated all contents of this web site are © 2014 - William Reed Business Media SAS - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions
Antioxidant-rich cereals, protein-packed snack bars and bread tailored to women’s nutritional needs were just some of the...