Tracey Belcourt joins Kraft Foods

NORTHFIELD, Ill. — Kraft Foods has appointed a new EVP strategy.

The company said Tracey Belcourt, who officially joins the company next month, will lead the strategy function and mergers and acquisition activities for Kraft's global snacks company, Mondelez International, following the expected spinoff of Kraft's North American grocery business on Oct. 1. In this role, Belcourt will report to Kraft Foods chairman and CEO Irene Rosenfeld, with responsibility for evolving and implementing the company's growth strategy.

"Tracey is a highly accomplished corporate strategist with extensive background in consumer industries," Rosenfeld said. "She has broad international work experience throughout Latin America, Europe, Asia and Africa. She joins us at an exciting time, as we chart the course for our new global snacks company."

The appointment of Belcourt, who has been a partner at Bain & Co. in Toronto since 1999, completes the leadership teams of the two companies for the spinoff.

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