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Kraft Foods

Kraft Foods
Company nameKraft Foods Inc.
Company typePublic
IndustryFood processing
FoundedChicago, Illinois (1903)
HeadquartersNorthfield, Illinois, U.S.
Key peopleIrene Rosenfeld
(Chairman & CEO)
ProductsList of products
Revenue(+) US$ 49.207 billion (2010)
Operating income(+) US$ 5.666 billion (2010)
Net income(+) US$ 4.139 billion (2010)
Total assets(+) US$ 95.289 billion (2010)
Total equity(+) US$ 35.942 billion (2010)
Employees127,000 (2010)

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Kraft Foods Inc. (Nyse - KFT) is an American confectionery, food and beverage conglomerate. It markets many brands in more than 155 countries. 12 of its brands annually earn more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oscar Mayer, Philadelphia, Trident, Tang. Forty of its brands are at least a century old.

The company is headquartered in Northfield, Illinois, a Chicago suburb. Its European headquarters is in Glattpark, Opfikon, Switzerland, near Zürich.

Kraft is an independent public company; it is listed on the New York Stock Exchange and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group. In August 2011, the company announced plans to split into a North American grocery business and a faster-growing global snacks company.

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