Archives for February 13, 2015

Heads of finance, marketing, R&D leaving at month’s end

Kraft Foods’ new CEO shakes up management team

Under new CEO John Cahill, Kraft Foods Group has announced new roles for two top executives and the imminent departure of the company’s current heads of finance, marketing, and R&D.

Kellogg posts $293m net loss - Special K and Kashi drag down business

Kellogg’s 136% profit plunge for the fourth quarter (Q4) is disappointing and can mainly be attributed to continued poor performances in Special K and Kashi, its CEO says.