Former Cadbury Executive Chambers Leaving Kraft
Bloomberg reports that Kraft Foods, the world’s largest confectioner, said former Cadbury executive Jim Chambers will leave in July, the latest departure since Kraft’s $23 billion takeover of the U.K. candy maker last year. Chambers headed the snacks and candy business in North America. He had previously run North American operations for Cadbury. Mark Clouse, currently the global category leader for biscuits, will replace Chambers. In October, Kraft said it lost Cadbury veterans Ignasi Ricou, who ran European sales and the gum and candy business, and Tamara Minick-Scokalo, who had run Kraft’s European chocolate business. Both left for personal reasons. Mark Reckitt, who was Cadbury’s chief strategy officer and co-head of the integration team, left his post in July. Former Cadbury managers make up about one-third of the top 50 executives.