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Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
According to her Kraft biography, Marye was educated at Columbia University, taught at the University of Tennessee and after starting at Kraft in the 1920s, [3] became a home economist for Kraft Foods Group, then known as Kraft-Phenix Cheese Corp. She was known as an early female food marketer who promoted cheese by hosting "cheese talks ...
In August 2011, Kraft Foods Inc. announced plans to split into two publicly traded companies — a snack food company and a grocery company. [8]On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business".
On December 5, 2011, Kraft announced that Rosenfeld would stay on as chairman of the $31 billion global snacking company, which would be called Mondelēz International, Inc. Tony Vernon, the president of Kraft Foods North America, would become CEO of the $17 billion North American grocery business, which would keep the Kraft Foods name. [19]
In 1998, Fudge was named by Fortune magazine as 30th on the 50 Most Influential Women in American Business list (Carly Fiorina No. 1 Oprah Winfrey #2), while she was executive vice president at Kraft. At the time, coffee and cereals for which Fudge was responsible accounted for $2.7 billion (16%) of Kraft's $16.8 billion in sales.
Crew began her business career at Kraft Foods in 1997, where she filled a number of management positions. After seven years at Kraft, she moved to Dreyer's, a subsidiary of Nestlé, where she worked from 2004 to 2008, rising to Senior Vice President of Marketing, Frozen Snacks.
On December 1, 2023, a federal jury in Illinois awarded $17.8 million to several large food companies, including Kraft Heinz, in a lawsuit against Cal-Maine Foods, Inc. and others over allegations of egg price fixing. Cal-Maine Foods, contesting the verdict, insists on its innocence and the absence of wrongdoing in its business practices. [67]
Holden began her career as an assistant product manager in the desserts division of General Foods Corporation. [citation needed] In 1998, Holden was named executive vice president of Kraft Foods. In 2000, she was named president and CEO of Kraft Foods North America, and then in 2001 became co-CEO of Kraft Foods.