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Kraft Foods

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18 Dec, 2014

New CEO

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Kraft Foods Group’s board of directors names board chairman John Cahill to the position of chairman and CEO. Cahill succeeds Tony Vernon, who retires on Dec. 27, 2014, the last day of the company’s fiscal year.

While our immediate priority will be to remain focused on delivering results, we will also take a fresh look at the business to prioritize our investments and focus on sustainable profit growth.