Timothy McLevish to c.f.o. at Kraft

by FoodBusinessNews.net Staff
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NORTHFIELD, ILL. — Kraft Foods Inc. has named Timothy McLevish executive vice-president and chief financial officer effective Oct. 1.

Mr. McLevish will take over for James Dollive, who will be retiring after 29 years with the company. Mr. McLevish comes to Kraft from Ingersoll-Rand Co. Ltd., where he has been senior vice-president and c.f.o. since 2002.

"Tim is an exceptional executive who combines a distinguished career in finance, accounting and public company governance with experience in line management, strategic planning and mergers and acquisitions," said Irene Rosenfeld, chairman and chief executive officer. "He is a seasoned c.f.o. with an impressive track record of leading financial operations for global companies with diversified portfolios. Tim’s extensive experience in driving outstanding shareholder returns and in communicating with investors will be invaluable as we capitalize on our opportunities as an independent company and restore Kraft to reliable growth."

Mr. McLevish has had leadership roles in all financial disciples and has experience in operations management and oversight of administrative systems and business services. Prior to his position with Ingersoll-Rand, he worked for Mead Corp.

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