It's impatience's turn: Three years after Irene Rosenfeld left the top ranks of Kraft Foods in frustration over the company's leadership, she takes over, charged with instilling vigor into its growth strategy.

From: Chicago Tribune (Chicago, IL) | Date: June 27, 2006 | Copyright information

Byline: Susan Chandler

Jun. 27--Irene Rosenfeld isn't a patient person. That's probably one of the biggest reasons why the former Frito-Lay chief executive has been tapped to head struggling Kraft Foods Inc., industry experts say. Three years ago, Rosenfeld was one of the highest-ranking executives at Kraft, but she left because she was frustrated with the slow decision-making coming out of an unwieldy organization headed by Co-Chief Executives Betsy Holden and Roger Deromedi, according to a source who knows Rosenfeld well. Since then, Holden was pushed aside in favor ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Kraft Foods Sends Aid to Feed Louisiana and Alabama Families in Need
; ...EDITORS Contact: Ana Paula Cruz of Kraft Foods Inc., +1-847-646-4538, cec@kraft...Sept. 3 /PRNewswire-FirstCall/ -- Kraft Foods Inc. (NYSE: KFT) announced today...Corporate Community Involvement at Kraft Foods. "They make an immediate positive...
For Kraft Foods
; For Kraft Foods, so far, so good Stock posts modest gain...day of trading Thursday, June 14, 2001 Kraft Foods Inc.'s stock posted a modest gain Wednesday...AT&T Wireless. Northfield, Ill.-based Kraft Foods is the nation's largest food company...
Kraft talent moving on; As food giant struggles, hot prospects are heading for the exits.(News)(Kraft Foods Inc. )
; Byline: JULIE JARGON Kraft Foods Inc. is losing some top talent...superstars, but observers say Kraft is more vulnerable to employee-raidi...prospects-have voluntarily left Kraft. Three of the departed managers...used, confirmed that they left Kraft because they lacked confidence...
New stage in Kraft's history.(Kraft Foods Inc.)
; ...time in nearly two decades, Kraft Foods Inc. is independent. ALTRIA...completed the spin-off of Kraft on Mar. 30, distributing...approximately 88.9% of outstanding Kraft shares it owned to Altria's shareholders. In 1988, Kraft was acquired by PHILIP MORRIS...
New stage in Kraft's history.(Altria Group Inc. acquires Kraft Foods Inc.)(Brief article)
; ...time in nearly two decades, Kraft Foods Inc. is independent. ALTRIA...completed the spin-off of Kraft on Mar.30, distributing...approximately 88.9% of outstanding Kraft shares it owned to Altria's shareholders. In 1988, Kraft was acquired by PHILIP MORRIS...
Kraft Foods Builds on Tradition of Giving by Feeding Gulf Coast Families Affected by Hurricane Ike
; ...EDITORS Contact: Ana Paula Cruz of Kraft Foods Inc., +1-847-646-4538, cec@kraft...Sept. 15 /PRNewswire-FirstCall/ -- Kraft Foods Inc. (NYSE: KFT) today announced...AQTH531LOGO) This donation builds on Kraft Foods' long-standing tradition of being...
Situation sours for Kraft's CEO; As U.S. sales crumble, Wall St. looks for big ideas from Rosenfeld.(News)(Kraft Foods Inc)(Financial report)
; Byline: JULIE JARGON While Kraft Foods Inc. CEO Irene Rosenfeld surveys...her feet. Sales declines in Kraft's mainstay domestic product...perking up in the second quarter, Kraft's sales grew just 2.3%, to...troubling is deterioration in Kraft's U.S. grocery business, which...
Outlook promising for Kraft Foods.(Brief Article)
; Kraft Foods, the biggest food company in...Online (Oct. 3). The combined Kraft Foods was spun off from Philip...initial public offering. In 2002, Kraft is looking to increase its...income of about $3.5 billion. Kraft's acquisition of Nabisco has...accounted for about 20.5% of ...
Kraft inks 2nd lease in Tarrytown: 140 more to be based at Route 119 building.(Kraft Foods Inc.)
; Kraft Foods will move another 140 employees...White Plains Road. In that space, Kraft will base employees who belong...Technical Center, said Jill Saletta, Kraft manager of corporate affairs, referring to Kraft's research facility on Route 9...
Investors losing taste for Kraft; CEO Holden's glow dims as sales growth slows.(News)(Kraft Foods Inc. falling short of financial goals )
; ...ARNDORFER After helping lead Kraft Foods Inc.'s initial public offering...food company. Northfield-based Kraft was lauded for its diversified...processed foods like those Kraft produces: Macaroni and Cheese...Oreos and frozen pizza. Since Kraft has been public, this has been...