Kraft Names Former Employee As New CFO

MarketWatch Pulse

Kraft Foods Group named on Tuesday James Kehoe as its chief financial officer. Kehoe returns to Kraft, where he spent more than two decades in different roles, after stints as CFO of Gildan Activewear and as an executive at Mondelez International . The consumer packaged food and beverage company announced last week that Teri List-Stoll will step down as CFO effective Feb. 28. The stock, which was inactive in premarket trade, has gained 11% over the past three months, while the S&P has advanced 2.7%.

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