Kraft appoints new president for Oscar Mayer

Sam Rovit, executive vice president of strategy at Kraft Foods, has been named the next president of Oscar Mayer, succeeding seven-year president Nick Meriggioli, who will leave the company in early 2014. "As Kraft's head of strategy, Rovit [was architect of] the separation of the former Kraft Foods Inc. into two standalone, public companies -- Kraft Foods Group and Mondelez International," said Kraft in a statement.

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