Kraft general counsel is set to get $1.5 million reward

The planned merger between food companies Kraft and Heinz has seen a number of senior executives exit, including Kraft's GC.

Kraft executives are leaving with a bonus after the merger with Heinz rmnoa357

A number of Kraft executives will reap rewards when the Kraft Heinz deal, announced in late March, is completed. The deal, which will create the world’s fifth-largest food and beverage company, sees the current general counsel and company secretary of Kraft Foods, Kim Rucker, exit the company with a $1.5 million reward. Her deputy GC, Jim Savina, will take over the legal functions of the combined entity. Mr Savina, who joined Kraft in 2013 and was chief compliance officer, will be general counsel and corporate secretary of Kraft Heinz.

Email your news and story ideas to: news@globallegalpost.com

Top