David H. Knopf
Executive VP & CFO
Eduardo Machado de Carvalho Pelleissone
Executive Vice President of Operations
President of Global Online and Digital Growth Initiatives
Kraft was founded in the year 1903. The company has been active for over 116 years now. The founder of the company was James L Kraft. The company was started as a door to door cheese wholesale business. In the year 1909, the name of the company was changed to JL Kraft and Bros Company. In the year 1912, the company had established its headquarters in the city of New York, USA. By the year 1914, about 31 varieties of cheese were being sold in the USA. In the year 1915, the company had introduced pasteurized processed cheese, that did not need any kind of refrigeration, which was patented in the year 1916. In the year 1924, the name of the company was changed to Kraft Cheese Company.
During the late 1920s, the company had acquired various kinds of firms and companies, namely - Southern Dairies, Gelfand Manufacturing, Phenix Cheese, Henard Mayonnaise, etcetera. The company had established in offices in Germany and the UK, in the year 1927. The company was acquired by National Dairy, and in the year 1969, National Dairy changed its name to Kraftco Corporation. In the year 1980, the company had also merged with Dart and therefore formed Dart & Kraft. Then in the year 1988, the company was purchased by Philip Morris Companies, for an amount o $12.9 billion. The name of the company was later changed to Kraft Foods, in the year 1995. During the early and mid-2000s, the company had been doing its economic expansions. In the year 2009, the company had acquired Cadbury for about 10.2 billion Pounds. Then in the year 2011, the company planned to split up into two companies - one is a grocery company and other being a snack food company. Therefore the two companies were - Kraft Foods Group and Mondelez International. In the year 2015, the company was amalgamated with HJ Heinz Company. This made it the fifth largest beverage company in the world. The share value of Kraft had gone up by almost 17 per cent. The headquarters of the company is based at 801 Waukegan Road. The name of the place is Glenview while the name of the state is Illinois, USA. The pin code of the area is 60025.
Kraft is an American company that focuses on the production of various types of grocery food products along with other beverage products, for its customers across the globe. The current CEO and chairman of the company are John Cahill. As of the year 2013, the total revenue generated by the company is more than $18.2 billion. Also, the number of employees currently working at the company, as of the year 2012, is more than 23,000.
The primary services provided by the company include allowing customers to purchase various kinds of grocery food items, manufactured by the company itself. The products of the company include dairy, drinks, meat, condiments, sauces, packaged meals, cheese, desserts, etcetera.
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