McLevish succeeds James Dollive, who will be retiring after a 29-year career with Kraft. "Jim's financial expertise and exceptional standards of ethics and integrity have earned him the respect of both his Kraft colleagues and the financial community," said Irene Rosenfeld, Kraft chairman and CEO. "Over the course of Jim's career, he has helped Kraft achieve many significant milestones, including our initial public offering in 2001 and our recent transition to a fully independent company. We deeply appreciate his many contributions and wish him the best in his well-earned retirement."
In welcoming McLevish to Kraft, Rosenfeld said, "Tim is an exceptional executive who combines a distinguished career in finance, accounting and public company governance with experience in line management, strategic planning and mergers and acquisitions. He is a seasoned CFO, with an impressive track record of leading financial operations for global companies with diversified portfolios. Tim's extensive experience in driving outstanding shareholder returns and in communicating with investors will be invaluable as we capitalize on our opportunities as an independent company and restore Kraft to reliable growth."