Irene Rosenfeld – Kraft Foods, Inc. (KFT)
Company Overview James L. Kraft began a wholesale cheese company in 1903 in Chicago, IL. However, the current entity, Kraft Foods, Inc., has roots in companies that were started as far back as 1767. Kraft today is the result of a series of mergers of food product manufacturers including Nabisco, Oscar Meyer, and General Foods. Current well known brands are Breakstone, Chips Ahoy!, Cool Whip, DiGiorno, Jell-O, Kraft, Kool-Aid, Maxwell House, Nabisco, Oreo, Oscar Mayer, Philadelphia, Ritz, Tang, and Velveeta. Kraft produces and distributes its products to 150 countries, with more than 180 manufacturing and processing facilities worldwide. Kraft claims…