2006 Headlines
Johnson School Alumna Takes Helm of Kraft Foods
On June 26, 2006, the board of directors of Kraft Foods, Inc., announced the appointment of Irene B. Rosenfeld as chief executive officer. Rosenfeld holds a Ph.D. in marketing and statistics from the Johnson School, as well as an MS and BS from Cornell University. She comes to Kraft Foods, the world?s second-largest food and beverage company, following a two-year stint as chairman and CEO of Frito-Lay, a division of PepsiCo. Prior to heading Frito-Lay, Rosenfeld spent 20 years with Kraft and General Foods. During her prior years at Kraft, Rosenfeld led the integration of the $19 billion Nabisco acquisition, along with the restructuring and turnaround of several key businesses. She has been a regular speaker at the Johnson School, in support of the student-run Hispanic-American Business Leaders Association, and the Park Fellows program.