Kraft 2014 Annual Report Download - page 11

Download and view the complete annual report

Please find page 11 of the 2014 Kraft annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 170

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170

2013. Prior to that, he served as MondelƝz International’s President, Cheese and Dairy since October 2009. He also served as
MondelƝz International's Vice President and Area Director, Kraft Foods Australia & New Zealand from October 2007 to September
2009.
Ms. Johnson May has served as our Executive Vice President, Human Resources since October 1, 2012. Prior to that, she served
as MondelƝz Internationals Senior Vice President, Human Resources, Kraft Foods North America since September 2010. She
j
oined MondelƝz International in 1980 and has served in various roles, including Vice President, Human Resources at various
MondelƝz International units from December 2006 to September 2010 and Senior Director, Human Resources from 2002 to 2006.
Mr. Kempczinski has served as our Executive Vice President, Growth Initiatives and President of International since February 10,
2015. He served as our Executive Vice President and President, Canada from January 2014 until assuming his current role. He
previously served as Kraft Foods Group’s President, Canada from July 2012 until January 2014. From December 2008 until July
2012, he served as MondelƝz International’s Senior Vice President, Meals & Enhancers. Prior to joining MondelƝz International in
December 2008, Mr. Kempczinski was Vice President, Non-Carbonated Beverages at PepsiCo, Inc.
Ms. List-Stoll has served as our Executive Vice President and Chief Financial Officer since December 29, 2013. She joined Kraft
Foods Group on September 3, 2013 and served as Senior Vice President, Corporate Finance until assuming her current role. Prior
to joining Kraft Foods Group, she worked for The Procter & Gamble Company for nearly 20 years, in various finance and
accounting leadership positions. She had most recently served as Senior Vice President and Treasurer of Procter & Gamble from
2009 to 2013 and Vice President, Finance, Global Operations from 2007 to 2009. Ms. List-Stoll serves on the Board of Directors of
Danaher Corporation and Microsoft Corporation.
Ms. Rucker has served as our Executive Vice President, Corporate & Legal Affairs, General Counsel and Corporate Secretary
since October 1, 2012. She joined MondelƝz International as Executive Vice President, Corporate & Legal Affairs, Kraft Foods
North America in September 2012. Prior to that, Ms. Rucker served as Senior Vice President, General Counsel and Chief
Compliance Officer of Avon Products, Inc., a global manufacturer of beauty and related products, since March 2008 and as
Corporate Secretary since February 2009. Ms. Rucker also served as Senior Vice President, Secretary and Chief Governance
Officer of Energy Future Holdings Corp. (formerly TXU Corp.), an energy company, from 2004 to 2008.
Available Information
Our Web site address is www.kraftfoodsgroup.com . The information on our Web site is not, and shall not be deemed to be, a part
of this Annual Report on Form 10-K or incorporated into any other filings we make with the Securities and Exchange Commission
("SEC"). Our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to
those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") are
or will be available free of charge on our Web site as soon as possible after we electronically file them with, or furnish them to, the
SEC.
You can also read, access and copy any document that we file, including this Annual Report on Form 10-K, at the SEC’s Public
Reference Room at 100 F Street, N.E., Washington, D.C. 20549. Call the SEC at 1-800-SEC-0330 for information on the operation
of the Public Reference Room. In addition, the SEC maintains a Web site at www.sec.gov that contains reports, proxy and
information statements, and other information regarding issuers, including Kraft Foods Group, that are electronically filed with the
SEC.
Item 1A. Risk Factors.
You should read the following risk factors carefully in connection with evaluating our business and the forward-looking information
contained in this Annual Report on Form 10-K. Any of the following risks could materially and adversely affect our business,
financial condition, operating results and the actual outcome of matters described in this Annual Report on Form 10-K. While we
believe we have identified and discussed below the key risk factors affecting our business, there may be additional risks and
uncertainties that we do not presently know or that we do not currently believe to be significant that may adversely affect our
business, financial condition, or operating results in the future.
We operate in a highly competitive industry.
The food and beverage industry is highly competitive across all of our product offerings. We compete based on
7