Kraft Foods has appointed Bain & Company partner Tracey Belcourt (45) as its new Executive Vice President Corporate Strategy. Belcourt will lead the strategy function and mergers and acquisition activities for the global snacks company. Belcourt will report to the CEO of Kraft Foods, Irene Rosenfeld.
Tracy Belcourt has been a partner at Bain & Company since 1999, based in the Toronto office of the strategy consulting firm. At Bain, she specialized in the design and implementation of growth strategies, mergers & acquisitions and commercial excellence across a variety of consumer industries. Prior to Bain, she worked for five years as an assistant professor of economics at Concordia University in Montreal. Belcourt earned a MSc. and Ph.D. in Economics from Queen's University in Canada.
"Tracey is a highly accomplished corporate strategist with extensive background in consumer industries" said Rosenfeld. "She has broad international work experience throughout Latin America, Europe, Asia and Africa. She joins us at an exciting time, as we have the ambition to grow to become one of the largest global snacks companies in the world".
About Kraft Foods
Kraft Foods is a global snacks producer, well-known for its global brands such as Cadbury, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo and Trident. It sells its products in more than 170 countries and has a total turnover of $54.4 billion.