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Food & Beverage

Kraft Appoints Rovit VP of Strategy

January 18, 2011
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Kraft Foods Inc. said Wednesday that it has appointed Sam Rovit as its executive vice president of strategy, according to the Associated Press. Rovit is moving from business consulting firm Bain & Co., where he led a variety of divisions, including mergers and global agribusiness. He left Bain in 2005 to become CEO of meat processor Swift and Co. After reportedly turning Swift around in the wake of sales declines and federal immigration actions, he returned to Bain when Swift was bought by Brazilian meat industry giant JBS SA in 2007. Rovit, 52, will succeed Michael Osanloo on Jan. 29. Osanloo is becoming president of Kraft Foods'' grocery business in North America.

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