FDBusiness.com

In the next step toward dividing into two public companies, Kraft Foods has announced the appointments of the heads of the future global snacks and North American grocery businesses. Irene Rosenfeld (pictured), currently chairman and chief executive of Kraft Foods, will be chairman and chief executive of the global snacks company, which will have $31 billion in estimated revenue and a significant presence in numerous fast-growing, international markets.

Anthony Vernon, currently executive vice president and president of Kraft Foods North America, will become chief executive of the $17 billion North American grocery company. Kraft Foods expects to complete the spin-off by the end of 2012.

As chief executive of Kraft Foods since 2006 and chairman since 2007, Irene Rosenfeld has led Kraft Foods’ transformation. She has thirty years of accomplishments in the food and beverage industry. These include integrating Nabisco; leading Kraft Foods through its spin-off from Altria to emerge as a strong, independent company; and devising strategies that included the transformative LU and Cadbury acquisitions.