Ex-Cadbury Executive To Head Kraft’s Confectionery Unit (KFT)

Kraft Foods Inc. (NYSE: KFT) has named Jim Chambers as the new head of its confectionery and gum businesses in North America. Jim Chambers was formerly with Cadbury. Kraft (KFT) recently acquired Cadbury. Chambers will have the designation of President of the confectionery unit. He will oversee prominent Cadbury brands such as Tridnet gum and Halls in the North America region. He will report to Kraft’s president of North America, Tony Vernon.

Kraft is currently in the process of integrating Cadbury’s businesses with Kraft’s. The process involves deciding the fate of top Cadbury executives. Kraft also has the challenge of limiting costs while maintaining optimum growth rate.