Kraft Announces Brown's Retirement as Head of E-Commerce.Business Editors NORTHFIELD, Ill.--(BUSINESS WIRE)--May 22, 2003 Kraft Foods Kraft Foods Inc. (NYSE: KFT) is the largest food and beverage company headquartered in North America and the second largest in the world after Nestlé SA. The Philip Morris Company (now known as Altria Group), a company that produces tobacco products, acquired Kraft for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Inc., a subsidiary of Kraft Foods Inc. (NYSE NYSE See: New York Stock Exchange : KFT KFT Korlátolt Felelõsségû Társaság (Hungarian: limited liability corporation) KFT Kraft Foods International (stock symbol) KFT Kilo-Feet KFT Kung Fu Tzu (Confucius) ), a global leader in branded foods and beverages, announced that Todd C. Brown, Executive Vice President of Kraft Foods North America, and President, e-Commerce, has decided to retire at the end of June. "During his 20 years with Kraft, Todd has excelled in a number of different marketing roles, leading businesses such as Desserts & Snacks, Beverages & Desserts, Food Service and most recently, our e-Commerce Division," said Paula A. Sneed, Group Vice President, Kraft Foods North America, and President, e-Commerce & Marketing Services. "In addition, Todd has always been active in the local community - so it should come as no surprise that after retiring from Kraft, he plans to join an organization that will enable him to give back to the community. "Todd's contributions to our business and Kraft's people will continue to be felt for many years in the future, and we wish him all the best in this exciting new chapter ahead," Sneed added. In Brown's current assignment at Kraft, he has been responsible for implementing Kraft's e-Commerce strategies. Kraft Foods markets many of the world's leading food brands, including Kraft cheese, Maxwell House Maxwell House is a brand of coffee manufactured by a like-named division of Kraft Foods. It is named in honor of the Maxwell House Hotel in Nashville, Tennessee. For many years until the late 1980s it was the largest-selling coffee in the U.S. and is currently (ca. and Jacobs coffees, Nabisco cookies and crackers, Philadelphia cream cheese, Oscar Mayer Oscar Mayer is an American meat and cold cut production company, now owned by Kraft Foods, known for its hot dogs, bologna, bacon and Lunchables products. German immigrant Oscar Ferdinand Mayer meats, Post cereals and Milka chocolates, in more than 150 countries. For more information, please visit our website at www.kraft.com |
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