Kraft Foods Group Appoints George Zoghbi Vice Chairman, Operations, R&D, Sales and Strategy
"Kraft's future growth will be driven by a disciplined approach to new product innovation, brand renovation and expansion across sales channels, which are all fueled by effective total cost management," said Vernon. "As Vice Chairman,
Zoghbi has served as leader of Kraft's Cheese & Dairy business since 2009. A skilled general manager and developer of people, he led the business in a turnaround that has delivered outstanding top-line and bottom-line growth. Under his leadership, the Cheese & Dairy unit was the first to implement the company's Integrated Business Planning initiative that aims to strengthen sales forecasting and supply chain planning, which is now being rolled out companywide.
Zoghbi joined Kraft's former parent company, now known as Mondelez International, in 2007 as Vice President and Area Director of
Howard Friedman Appointed Executive Vice President and President, Cheese & Dairy
With Zoghbi's transition to Vice Chairman, the company announced the appointment of
"I'm delighted we're able to continue to build our bench strength by offering new growth and development opportunities to two of our talented and accomplished leaders," said Vernon. "Our goal is to be the best recruiter, trainer and developer in our industry and that's true at every level of our organization."
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FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. Words such as "will," "drive," "take," "aim" and variations of such words and similar expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements regarding Kraft's growth, total cost management and integrated business planning. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties, many of which are beyond Kraft's control. Important factors that may cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, increased competition; Kraft's ability to maintain, extend and expand its reputation and brand image; Kraft's ability to differentiate its products from other
brands; increasing consolidation of retail customers; changes in relationships with significant customers and suppliers; Kraft's ability to predict, identify and interpret changes in consumer preferences and demand; Kraft's ability to drive revenue growth in its key product categories, increase its market share, or add products; volatility in commodity, energy and other input costs; product recalls or product liability claims; unanticipated business disruptions; and other factors. For additional information on these and other factors that could affect Kraft's forward-looking statements, see Kraft's risk factors, as they may be amended from time to time, set forth in its filings with the
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