Kraft Foods Board of Directors Essays

Words: 1062
Pages: 5

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Kraft Foods’ Board of Directors Name/Title | Current Board Membership |

John T. Cahill, 56Executive Chairman | Legg Mason, Inc., Colgate-palmolive Co., Kraft Foods Group, Inc. | William Anthony Vernon, 57Chief Executive Officer & Director | Novocure Ltd., Philadelphia Youth Organization, Kraft Foods Group, Inc., Medivation, Inc. | Myra Maloney Hart, 72Independent Director | Kraft Foods Group, Inc., Nina Mclemore Llc, Babson College, Center For Women’s Business Research, Ecornell | John C. Pope, 63Independent Director | Kraft Foods Group, Inc., Waste Management, Inc., R.r. Donnelley & Sons Co., Navistar International Corp., Con-way, Inc., Pfi Group Llc | E. Follin
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| Gary M. Reiner, 58Independent Director | Hewlett-packard Co., Box, Inc., Norwalk Health Services Corp., Appirio, Inc., The Norwalk Hospital Association | Patricia F. Russo, 60Independent Director | Alcoa, Inc., General Motors Co., Kkr Management Llc, Kkr & Co. Lp, Hewlett-packard Co., Merck & Co., Inc., The Partnership For A Drug-free America, Inc. | Ray J. Lane, 66Lead Independent Director | Alertenterprise, Inc., Spikesource, Inc., Virsa Systems, Inc., Visible Path Corp., Xsigo Systems, Inc., Elance, Inc., Hewlett-packard Co., Special Olympics, Inc., Greatpoint Energy, Inc., Ausra, Inc., Quest Software, Inc., Kenandy, Inc., Carnegie Mellon University, Enigma, Inc., Hara Software, Inc., West Virginia University, Luca Technologies, Inc., Think North America, Mevio, Inc. |
Review:
HP announced changes to its board of directors. Raymond J. Lane has decided to step down as chairman of the board, to be replaced on an interim basis by Ralph V. Whitworth. The board is commencing a search for a permanent nonexecutive board chairman. In addition, John H. Hammergren and G. Kennedy Thompson, after eight and seven years of service to HP stockholders, respectively, have decided to leave the board. Both directors will continue to serve until the May board meeting. The board is commencing a search for two or more new independent directors. This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or