Kraft Foods taps new finance head

Big-brand behemoth Kraft has tapped a new executive to lead its finance team.

Kraft Foods Group Inc. has named Teri List-Stoll to succeed current chief financial officer (CFO) Timothy McLevish in the Q1 2014. Until McLevish steps down, List-Stoll will act as vice president of finance.

Previously, List-Stoll had been senior vice president of finance for Procter & Gamble. In her new role, she will oversee the finance teams for Kraft Foods’ various business units.

Kraft Foods owns a broad range of food, beverage and snack brands. Its holdings include Velveeta, Kool-Aid, Oscar Mayer and more.