March 13/M2 EquityBites -- Food and beverage company Kraft Foods Inc. announced that Michael Osanloo has been named as executive vice president, Strategy, effective mid-April 2008.

In his new role, Osnaloo will be responsible for Kraft's portfolio strategy and assisting the business units in identifying strategic opportunities that will drive profitable growth.

Osanloo most recently was with Harrah's Entertainment, where he held a variety of senior strategic and marketing roles. Prior to that he was a partner in the retail and consumer products practice at Bain & Company.

From the March 17, 2008, Prepared Foods e-Flash