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Wednesday, April 7, 2010 as of 11:14 AM ET

Irene Rosenfeld

Irene Rosenfeld

Irene Blecker Rosenfeld (born May 3, 1953) is an American businesswoman who is the current CEO and Chairwoman of Kraft Foods.

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Kraft Shareholders Give Nod to Mondalez Snack Name

Kraft Foods (NYSE:KFT) shareholders have overwhelmingly agreed to name the company's global snacks business "Mondelez International," another step closer to completing the spin-off later this year.

 The company, whose new name was approved by 90% of Kraft's shareholders, will serve as an umbrella over a number of Kraft's iconic brands, including Cadbury, Nabisco, Oreo, Tang and Trident."Mondelez" is a derivative of the Latin words for "world" and "delicious." In a statement, Kraft CEO Irene Rosenfeld said the name has an "appealing international sound that perfectly evokes the idea of a 'delicious world.'""That's the essence of our global snacks company," she said. The announcement is the latest step closer to the snacks manufacturer's long-time plan to split into two separate companies in 2012.  The North American snacks group, which features brands such as Philadelphia Cream Cheese and Maxwell House coffee, will be named Kraft Foods and will trade under the ticker symbol 'KRFT' follow...

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  1. Kraft Profit Climbs, Forecasts Growth This Year

    Kraft (NYSE:KFT) revealed a 54% improvement in fourth-quarter profit on Tuesday as it continues to cut costs and focus on profitable brands ahead of its planned spli...

  2. CORRECT(1/17): Kraft Raises Year View; Plans 1,600 Job Cuts

    ("UPDATE: Kraft Raises Year View; Plans 1,600 Job Cuts," at 13:16 EDT on Tuesday, Jan. 17, misstated what functions Kraft was outsourcing in the 4th paragraph. The c...

  3. Kraft to Cut 1,600 Jobs as Company Splits Into 2

    Kraft Foods Inc said that splitting into two companies would lead it to cut about 1,600 jobs in North America this year and that its 2011 profit should be slightly h...

  4. Kraft CFO Brearton to Oversee Snacks Finances After Split

    Kraft Foods (NYSE:KFT) said on Monday that current chief financial officer, David Brearton, will continue as CFO of the independent global snacks company once the No...

  5. Online Shopping Sales Reach Record $6B in One Week

    FBN's Robert Gray breaks down afternoon market news.

  6. Kraft Reveals Leadership of New Companies

    Kraft Foods Inc named its chief executive, Irene Rosenfeld , to lead its snacks business and Kraft North America President Anthony Vernon to lead its North American ...

  7. Stocks on the Rise as EU Leaders Hash Out Plans

    FBN's Sandra Smith breaks down late-morning market news.

  8. Kraft Foods 3Q Results Top Views

    Kraft (NYSE:KFT) posted fiscal third-quarter results that topped expectations, and the company boosted its full-year organic revenue and operating earnings forecast....

  9. Kraft Foods CEO on Diversity

    Kraft Foods CEO Irene Rosenfeld on the importance of diversity in the workplace and helping women and minorities to achieve success.

  10. Kraft Foods CEO on Growth in a Slow Economy

    Kraft Foods CEO Irene Rosenfeld on the economic downturn, efforts to rein in the deficit and business growth despite the economy.

  11. Kraft Foods CEO on the Economic Slowdown’s Impact on Business

    Kraft Foods CEO Irene Rosenfeld on adjusting the company’s strategy to compensate for the economic downturn in the U.S.

  12. Buffett to FBN: Kraft is Already Good Business, Now it Will Be Two Good Businesses

    Kraft’s (NYSE:KFT) largest shareholder got a call recently letting him know that the food company's CEO, Irene Rosenfeld , wanted to fly to Omaha to have breakfast w...

  1. Kraft To Name Snack Business 'Mondelez'

    Kraft Foods on Wednesday said it plans to change its name to Mondelez International, a word it coined to mean "delicious world." The new moniker will apply to the co...

  2. Kraft Names Post-Spinoff Snacks Company Mondelez International

    DOW JONES NEWSWIRESKraft Foods Inc. (KFT) named its post-spinoff global snacks company Mondelez International Inc., which it said is intended to evoke the idea of a ...

  3. Food Makers Hope Snacks Bring Big Profits In Small Packages

    Food companies are reaching for the snack bowl.Facing stagnant growth in their base grocery business, packaged-food companies are increasingly turning to snacks as a...

  4. Kraft Paying $6 Million To Executive Handling Company's Split

    Kraft Foods (KFT) is paying private-equity executive John Cahill $6 million in total annual compensation to help spearhead the company's planned split into two compa...

  5. Kraft To Pay $6 Mln To Exec Steering Company Split

    Kraft Foods is paying private-equity executive John Cahill $6 million in total annual compensation to help spearhead the company's planned split into two companies l...

  6. Goldman Sachs Expects Recovery In Cocoa Grindings

    Emerging markets will be key as global demand for cocoa continues to grow, while 2011-12 production is likely to be down from a year ago, Goldman Sachs said Wednesda...

  7. Kraft's Price Hikes Help Return 54% Higher 4Q Profit

    Kraft Foods Inc.'s (KFT) fourth-quarter earnings rose 54% as higher prices continued to boost the packaged-food giant's revenue, though increased costs still hurt ma...

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