Tuesday, June 29, 2010

Kraft boss Irene Rosenfeld dodges MPs questions

By Amy Wilson 600AM GMT 10 Mar 2010

Cadbury

The Business, Innovation and Skills (BIS) name cabinet summoned comparison Kraft management team to subsequent week"s conference but the US association has selected to send along the tip authorised adviser, Marc Firestone, instead of Ms Rosenfeld, to face the song to one side comparison members of the kinship Unite.

Kraft is indicted by Unite of slicing jobs with "indecent haste". The builder of Toblerone and cheese slices proposed a cost-reduction plan that could see up to 150 staff go from Cadbury"s domicile only weeks after the understanding was agreed. The association is additionally scheming to close Cadbury"s last income grant scheme, one of the last between FTSE 100 companies. Cadbury had proposed a conference in to the destiny of the intrigue prior to the takeover routine started.

RBS and HBOS chiefs grilled by MPs live comment Former HBOS trainer Andy Hornby set for �1m income at Boots Former bank bosses Sir Fred Goodwin and Andy Hornby face barbecuing by MPs currently BBC bosses face barbecuing over Sachsgate Angela Merkel is worlds majority absolute lady

Kraft had progressing unsuccessful to attraction itself to the new workforce by observant it would close Cadbury"s Somerdale bureau nearby Bristol, a site it had progressing affianced to keep open if the suggest was successful.

Jenny Formby, Unite"s inhabitant military officer for the food and splash sector, has pronounced Cadbury staff do not feel "safe" operative for Kraft. She demanded that the association come purify about the plans for the UK business. She pronounced Kraft would not be means to "evade scrutiny" at the name cabinet meeting, scheduled for Mar 16.

Jack Dromey, emissary ubiquitous cabinet member of Unite, will attend the meeting.Cadbury will be represented by Trevor Bond, boss of the British and Irish business, and Richard Doyle, human resources director.

Mr Firestone is Kraft"s comparison manager vice-president obliged for corporate and supervision affairs, and is additionally the company"s ubiquitous counsel. He was before a counsel for the US tobacco industry, holding comparison positions at Philip Morris, the builder of Marlboro cigarettes.

Mr Firestone is accepted to have played a key purpose in the negotiations to buy Cadbury, concomitant Ms Rosenfeld when she flew in to the UK for meetings with Cadbury investors and executives.

Select committees cannot enforce non-UK residents to attend meetings but MPs had hoped Ms Rosenfeld competence give justification by a video couple from the US. Kraft is formed in Illinois.

No comments:

Post a Comment