Kraft Names CFO from P&G
Kraft Foods Group announces Teri List-Stoll has joined the company as senior vice president of finance and will succeed current Chief Financial Officer (CFO) Timothy McLevish in the first quarter of 2014.
List-Stoll has a wealth of consumer packaged goods experience, having worked for nearly 20 years at Procter & Gamble (P&G). Since 1994, she has held a number of finance leadership roles in business unit management, supply chain, sales, accounting, and financial planning and analysis. Most recently, she was senior vice president and treasurer. Prior to joining P&G, List-Stoll was a fellow with the Financial Accounting Standards Board and spent six years at Deloitte & Touche, providing financial counsel to large multinational companies. She is also a board and audit committee member of Danaher Corporation and a founding member of the Corporate Women's Executive Forum.
"Teri's financial expertise and deep experience at a consumer- and brand-focused company make her the right choice for our next CFO," says Kraft Chief Executive Officer Tony Vernon. "We'll benefit from her deep commitment to operational excellence and her track record of innovation in company-wide productivity initiatives. Plus, Teri's energy, inclusive leadership style and success in developing people are a perfect match for our new culture."
In her role as senior vice president of finance, List-Stoll will initially oversee Kraft's business unit finance teams. She'll also work alongside McLevish to ensure an orderly transition of CFO duties.
The company plans to formally transition the CFO role from McLevish to List-Stoll in the first quarter of 2014.
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List-Stoll has a wealth of consumer packaged goods experience, having worked for nearly 20 years at Procter & Gamble (P&G). Since 1994, she has held a number of finance leadership roles in business unit management, supply chain, sales, accounting, and financial planning and analysis. Most recently, she was senior vice president and treasurer. Prior to joining P&G, List-Stoll was a fellow with the Financial Accounting Standards Board and spent six years at Deloitte & Touche, providing financial counsel to large multinational companies. She is also a board and audit committee member of Danaher Corporation and a founding member of the Corporate Women's Executive Forum.
"Teri's financial expertise and deep experience at a consumer- and brand-focused company make her the right choice for our next CFO," says Kraft Chief Executive Officer Tony Vernon. "We'll benefit from her deep commitment to operational excellence and her track record of innovation in company-wide productivity initiatives. Plus, Teri's energy, inclusive leadership style and success in developing people are a perfect match for our new culture."
In her role as senior vice president of finance, List-Stoll will initially oversee Kraft's business unit finance teams. She'll also work alongside McLevish to ensure an orderly transition of CFO duties.
The company plans to formally transition the CFO role from McLevish to List-Stoll in the first quarter of 2014.
Related Articles:
Kraft Brand Launches Mobile Marketing Tour
Kraft Foods Group Creates Two New Business Units
Kraft Foods Group Appoints CMO