Irene Rosenfeld

Irene Rosenfeld
Born Irene Blecker
(1953-05-03) May 3, 1953
Westbury, New York, U.S.
Nationality American
Education W. Tresper Clarke High School
Alma mater Cornell University (B.A., M.S., Ph.D.)
Years active 1980s–present
Salary $10.5 million (2009)[1]
Title Chairwoman and CEO of
Mondelēz International
Religion Judaism
Spouse(s) Richard Illgen[2]
Children 2 daughters

Irene Blecker Rosenfeld (born May 3, 1953) is an American business executive, the chairwoman and CEO of Mondelēz International.

Early life and education

Rosenfeld was born to a Jewish family in Westbury, New York, the daughter of Seymour and Joan Blecker. Her father’s parents were Romanian Jews, her mother’s grandparents were German Jews. She later attended W. Tresper Clarke High School in Westbury, NY.[3][4] She holds a Ph.D. in Marketing and Statistics, a M.S. in Business, and a B.A. in Psychology from Cornell University.[5]

Career

Rosenfeld has been involved in the food and beverage industry for about 30 years.

Her first job was at Dancer Fitzgerald Sample advertising agency in New York City and she later joined General Foods in consumer research.[6]

In 2004, Rosenfeld was appointed Chairperson and Chief Executive Officer of Frito-Lay, a division of PepsiCo, where she focused on promoting products.

In June 2006, Rosenfeld was appointed Chief Executive Officer of Kraft Foods.[7] She joined General foods which later became a part of Kraft foods. Among her many accomplishments at Kraft foods, she led the restructuring and turnaround of key business in the US, Canada and Moscow. She is active in a number of industry and community organisations, including the Economic Club of Chicago. She was appointed to the additional post of Chairperson in March 2007, following Altria Group's spin-off of Kraft.

In 2008, she was placed sixth on The Wall Street Journal's "50 Women to Watch" list.[8] Rosenfeld has been listed multiple times as one of the 100 most powerful women in the world by Forbes.[9][10] In 2014, she was ranked at 15th, just behind Oprah Winfrey.[11]

In 2010, Rosenfeld earned total compensation of $19.288 million, placing her 48th on the Forbes Executive Pay.[12]

Rosenfeld is a member of the Economic Club of Chicago. She also serves on the Board of Directors for the Grocery Manufacturers Association and the Cornell University Board of Trustees. She also sits on the Board of Directors of the Consumer Goods Forum.[13]

On August 4, 2011, Kraft Foods said it plans to split into two publicly traded companies, with one focusing on its international snack brands like Trident gum and Oreo cookies and the other on its North American groceries business that includes Maxwell House coffee and Oscar Mayer meats.[14]

On December 5, 2011, Kraft announced that Rosenfeld would stay on as chairperson of the $31 billion global snacking company, which will be called Mondelēz International, Inc. Tony Vernon, the president of Kraft Foods North America, will become CEO of the $17 billion North American grocery business, which will keep the Kraft Foods name.[15]

Controversy

During campaigns for the 2016 US Presidential election, Mondelēz and Rosenfeld have been criticized by Republican candidate Donald Trump[16] and Democratic candidates Hillary Clinton[17] and Bernie Sanders[18] for outsourcing approximately 600 U.S. jobs from Chicago, Illinois to Salinas,[19] Mexico, prompting the Oreo Boycott.[20] Worker pickets have also taken place at various events Rosenfeld has attended,[21] in addition to her own home.[22]

References

  1. ↑ Tom Pettifor (January 23, 2010). "Private life of Irene Rosenfeld, the tough tycoon behind Cadbury takeover". mirror.
  2. ↑ James Quinn in New York and Amy Wilson in London (December 6, 2009). "Irene Rosenfeld: Kraft Foods's chief executive has a history of high achievement". Telegraph.co.uk.
  3. ↑ "Login". timesonline.co.uk.
  4. ↑ Jewish Voice New York: "The World’s Most Powerful Jewish Women" By Jen Levey September 5, 2012
  5. ↑ "Executive profile: Irene B. Rosenfeld". Businessweek. Retrieved March 1, 2013.
  6. ↑ Alexandra Zendrian (October 25, 2010). "Next Week's Guest: Irene Rosenfeld". Forbes.
  7. ↑ Irene Rosenfeld Chairman and CEO - Kraft
  8. ↑ "The Wall Street Journal 50 Women to Watch in 2008 - WSJ". WSJ. November 11, 2008.
  9. ↑ "World's Most Powerful Women List 2010". Forbes.com.
  10. ↑ "The World's 100 Most Powerful Women". Forbes.
  11. ↑ "The world's 100 most powerful women". Forbes. Retrieved August 24, 2011.
  12. ↑ Zina Moukheiber. "Sheikha Mozah Bint Nasser Al-Missned". Forbes.
  13. ↑ "History of The Consumer Goods Forum". theconsumergoodsforum.com.
  14. ↑ "Kraft Foods plans to split into 2 companies". Chicago Tribune. Retrieved December 5, 2011.
  15. ↑ "Kraft chooses leaders for separate companies". tribunedigital-chicagotribune.
  16. ↑ http://money.cnn.com/2016/03/11/news/companies/oreo-trump-clinton/. Missing or empty |title= (help)
  17. ↑ http://www.wsj.com/articles/hillary-clinton-proposes-tax-hit-for-companies-moving-jobs-production-overseas-1457114464. Missing or empty |title= (help)
  18. ↑ http://chicago.cbslocal.com/2016/03/02/sanders-campaign-blasts-nabisco-plan-to-move-hundreds-of-chicago-jobs-to-mexico/. Missing or empty |title= (help)
  19. ↑ Movement, The Made in America (2015-08-03). "Nabisco to cut Chicago jobs, send some work to Mexico". The Made in America Movement. Retrieved 2016-06-24.
  20. ↑ Tribune, Chicago. "Chicago activist begins Oreo boycott to protest Mondelez layoff plans". Retrieved 2016-06-24.
  21. ↑ http://www.chicagotribune.com/business/ct-oreo-bakery-protests-0311-biz-20160310-story.html. Missing or empty |title= (help)
  22. ↑ http://www.fox32chicago.com/news/local/114681665-story. Missing or empty |title= (help)

External links

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