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Kraft Foods names May to global human resources post
August 31, 2005
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Northfield, Ill.-- Kraft Foods Inc., a global leader in branded foods and beverages, announced that Karen May, 47, is joining the company in October as Executive Vice President, Global Human Resources. May will provide leadership for all of Kraft's human resources disciplines, including benefits, compensation, diversity, facilities management, labor and employee relations, human resources strategy, safety and security, and talent management.

She will report to Roger Deromedi, Chief Executive Officer of Kraft Foods, and join the Kraft Executive Team. May replaces Terry Faulk, who is retiring after more than 38 years with the company. She will work closely with Faulk to ensure a smooth transition, prior to his retirement at the end of the year.

"We will truly miss Terry's vast experience and sound judgment," said Deromedi. "I want to thank him for his many significant contributions to Kraft throughout his long and distinguished career, and wish him and his family the very best in his retirement."

"Karen's broad range of experiences and thorough understanding of the Human Resources function will serve her well in this role," Deromedi noted. "I'm confident that she'll play a key role in driving Kraft's transformation to a more consumer-focused, innovative and nimble company in the years ahead."

May joins Kraft from Baxter International, Inc., where she has been Corporate Vice President of Human Resources since 2001. She joined Baxter in 1990 as Director of Corporate Audit and held several positions of increasing responsibility, including Vice President of Corporate Audit and Vice President of International Finance. In 1998, she became Vice President of Global Talent Planning and Staffing at Baxter and, prior to her most recent assignment, was named Vice President of Human Resources in 2000.

May began her career in finance, with PricewaterhouseCoopers. She has a BS in accountancy from the University of Illinois at Champaign-Urbana.


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