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Industry News

Kraft Foods Group announces leadership changes

February 18, 2015

Kraft Foods Group Inc., Northfield, IL, announced several management changes earlier this week.

• George Zoghbi, currently vice chairman, operations, R&D, sales and strategy, has been named chief operating officer, effective immediately. He will oversee the company's U.S. business units and the teams that drive growth across Kraft, including sales and marketing services. In addition, he will continue to lead Kraft's integrated supply chain, working closely across all operations to make appropriate investment decisions, drive productivity and deliver strong execution of the company's innovation and brand marketing plans.

• Chris Kempczinski, who currently leads Kraft's Canada business unit, will assume an expanded role as executive vice president of growth initiatives and president of international, effective immediately. He will work closely with Zoghbi to formulate strategy, including M&A, and develop and deploy innovation platforms for Kraft's sustainable growth. In addition, Kempczinski will continue to lead Kraft Canada and use his marketing and industry experience in his new responsibilities overseeing Kraft's international markets, including exports.

• James Kehoe has been named executive vice president and chief financial officer, replacing Teri List-Stoll, who will be leaving the role, effective Feb. 28, but will continue to serve the company as a senior adviser during the transition. Kehoe will lead all of Kraft's finance operations. He has extensive financial experience and previously spent more than two decades with Kraft in roles across numerous businesses and corporate functions. He rejoins the company from Gildan Activewear Inc., a leading supplier of branded basic family apparel in Canada, where he most recently served as executive vice president and chief financial and administrative officer.

• Deanie Elsner, executive vice president and chief marketing officer, will be leaving the organization, effective Feb. 28. Jane Hilk, executive vice president and president, enhancers & snack nuts, has been appointed interim CMO. She has held marketing leadership positions across the majority of the company's product categories and launched advertising campaigns for flagship brands, including Oscar Mayer, Planters and Kraft Singles. A senior marketing executive will be named in due course to continue developing and enhancing Kraft's marketing capabilities.

• Chuck Davis, executive vice president of research, development, quality and innovation, will be leaving Kraft. He will remain with the company until a successor is named.

KEYWORDS: consumer packaged goods Kraft Foods Group Planter's

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