NORTHFIELD, Ill., Aug. 30, 2012 /PRNewswire/ -- Kraft Foods Inc.
today announced that the leadership teams for Mondelez
International, Inc. and Kraft Foods Group, Inc. will separately
present their respective strategies and goals as two independent
companies next week. As previously announced, Kraft Foods Inc.
plans to spin-off its North American grocery business, to be named
Kraft Foods Group, at 5 p.m. EDT on
Oct. 1, 2012. Following the
spin-off, Kraft Foods Inc. will be renamed Mondelez International,
Inc.
(Logo: http://photos.prnewswire.com/prnh/20090420/KRAFTLOGO)
Mondelez International Presentation at Barclay's
Back-to-School Conference
On Thursday, Sept. 6, at
3:45 p.m. EDT, Chairman and CEO
Irene Rosenfeld and members of her
leadership team will present an overview of the global snacks
company Mondelez International and its strategic priorities at the
Barclays Capital Back-to-School Consumer Conference in Boston.
Kraft Foods Group Presentation at SeaPort Boston World Trade
Center
On Friday, Sept. 7, at
9 a.m. EDT, Tony Vernon, who will become CEO of Kraft Foods
Group, and his leadership team will host a separate investor day in
Boston to outline the strategic
plan for the North American grocery business as it begins its
journey as an independent company.
Live audio webcasts of both presentations will be available
within the Investor Center section of the Kraft Foods corporate web
site, kraftfoodscompany.com. An archived rebroadcast and slides
will be available on kraftfoodscompany.com for one year following
the webcast.
Kraft Foods Inc. (NASDAQ: KFT) is a global snacks powerhouse
with an unrivaled portfolio of brands people love. Proudly
marketing delicious biscuits, confectionery, beverages, cheese,
grocery products and convenient meals in approximately 170
countries, Kraft Foods had 2011 revenue of $54.4 billion. Twelve of the company's iconic
brands – Cadbury, Jacobs, Kraft, LU,
Maxwell House, Milka, Nabisco, Oreo,
Oscar Mayer, Philadelphia, Tang and
Trident – generate revenue of more than $1 billion annually. A leader in innovation,
marketing, health & wellness and sustainability, Kraft Foods
Inc. is a member of the Dow Jones Industrial Average, Standard
& Poor's 500, NASDAQ 100, Dow Jones Sustainability Index and
Ethibel Sustainability Index. Visit www.kraftfoodscompany.com and
www.facebook.com/kraftfoodscorporate.
– make today delicious –
SOURCE Kraft Foods Inc.