Kraft Foods will realign U.S. sales, consolidate U.S. management centers and streamline corporate and business unit organizations as it prepares to spin off its business in two independent public
companies before the end of the year.
Said Kraft Foods chairman and CEO Irene Rosenfeld said. "For the past year, the North American team has been working to streamline operations to deliver
sustainable top-tier performance and continue to invest in our iconic brands. We're confident that this transformational work will improve effectiveness and fuel the future growth of both
companies."
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