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Home>Kraft Chairman to take over as CEO

Kraft Chairman to take over as CEO

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Thu, 18 Dec 2014

Kraft Foods (KRFT) said Thursday that Chairman John Cahill, 57, will now also serve as the company's chief executive officer. He succeeds Tony Vernon, 58, who plans to retire on Dec. 27, the last day of the company's fiscal year. Vernon, who has been CEO since Kraft's spinoff from Mondelez
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