March 16, 2011
Just so that you don't think this has faded into the distance...Kraft is once again in front of a Parliamentary committee explaining its actions prior to its acquisition Cadbury last year. Kraft's CEO, Irene Rosenfeld, decided not to appear. That apparently didn't go over well - "quite contemptuous", "a slap in the face". Here's the video of Kraft executives sitting uncomfortably while being grilled. This issue still has legs.
March 16, 2011 | Permalink
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The Parliament website has an update (31 January 2011) from Kraft on the Cadbury business, and the correspondence between Kraft and the Commons Committee regarding the hearing. A transcript of the hearing should be posted on the website shortly.
Posted by: Errol Danziger | Mar 17, 2011 3:39:47 AM