Kraft Foods Inc.

Kraft Foods Inc. (/ˈkræft/) was a multinational confectionery, food and beverage conglomerate. It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. Forty of its brands were at least a century old.

This article is about the company that became Mondelez International in 2012. For the Kraft Heinz subsidiary, see Kraft Foods.

Kraft Foods Inc.
Company typePublic
Traded as
NYSE: KFT
IndustryFood
Founded1909 (1909) (as J.L. Kraft and Bros. Company)
December 10, 1923 (1923) (as National Dairy Products Corporation)
FounderJames L. Kraft (as J.L Kraft and Bros. Company)
Thomas H. McInerney
Edward E. Rieck (as National Dairy Products Corporation)
DefunctOctober 1, 2012 (2012-10-01)
FateSplit into two companies, Mondelez International and Kraft Foods Group
Successor
HeadquartersNorthfield, Illinois, U.S.
Area served
Worldwide
Key people
Irene Rosenfeld (chairman & CEO)
ProductsUltra-processed food

The company was headquartered in Northfield, Illinois, near Chicago.

Kraft was listed on the New York Stock Exchange and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group. In August 2011, the company announced plans to split into a North American grocery products business and a faster-growing global snacks company. The snack company, Mondelez International Inc. is recognized as the old Kraft Foods Inc.'s legal successor, while the grocery company was named Kraft Foods, now a part of Kraft Heinz.

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