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.
A shareholder vote in May will decide the name of Kraft Foods’ spin-off global snacks business, which will house UK operations including Cadbury.
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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