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A shareholder vote in May will decide the name of Kraft Foods’ spin-off global snacks business, which will house UK operations including Cadbury.
Michael Clarke will take over the reins at Premier Foods two weeks earlier than previously announced. The former Kraft Foods executive will now begin on 16 August.
Nelson Peltz has again emerged as a key player in the fortunes of Kraft and Cadbury after the “astonishing” decision to split Kraft’s $49bn business in two.
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