Irene Rosenfeld will stay on as chairman and CEO of Kraft Foods' global snacks company, and Tony Vernon will serve as CEO of the North American grocery business when Kraft Foods splits later this year.
Rich Products Corporation has realigned its governance and organizational structure, effective January 1, 2012, announced president and chief executive officer, Bill Gisel.
Kraft Foods Inc., which is splitting into two, named Irene Rosenfeld as chairman and chief executive officer of the Global Snacks Co. as well as Anthony Vernon as CEO and John Cahill as chairman of the North American Grocery Co.
Functional Technologies Corp. (FTC) signed an agreement enabling an undisclosed leading European producer of sweet & savory baked goods, snacks and confectionaries to evaluate FTC’s proprietary acrylamide-preventing (AP) yeast technology in the partner's commercial materials used to produce many of their branded food products.