More than two-thirds of Cadbury’s senior managers have left the confectioner in the six months since its takeover by Kraft, according to press reports.

One hundred and twenty managers and executives from a total of 170 have left the business, according to the Mail on Sunday.

The news comes after Kraft in February completed its controversial £11.5bn takeover of the Dairy Milk maker.

Key staff to have left the business since then include marketing boss Phil Rumbol, global brand director Lee Rolston, technology head David Macnair and HR chief Chris van Steenbergen.

Former chief executive Todd Stitzer left the business with a reported windfall of around £40m following the deal.

Read more
Kraft closes Cheltenham HQ as Cadbury combination picks up pace (10 May 2010)
Cadbury sale ‘nets former boss Stitzer £40m’ (19 April 2010)
Will Kraft be able to stop the brain drain at Cadbury? (analysis; 6 February 2010)