Around the Net
Kraft Looks To Streamline Operations
- Drug Store News, Wednesday, January 18, 2012 10:22 AM
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."
