Kraft Foods Board of Directors Essay

redirect examinationKraft Foods Inc. is a world(prenominal) snacks powerhouse with an unrivaled portfolio of brands people love. The honorarium Committee of the Board of theater directors of Kraft Foods Group, Inc. go away discharge the Boards responsibilities relating to compensation for executives and independent directors. In fulfilling its responsibilities, the Committee lead have full access to both of Krafts books, records, facilities and personnel. The Committee pass on also have theauthority to occupy investigations and to retain independent counsel and advisers, as it determines necessary to carry out its duties and responsibilities, including restore authority to engage, retain, approve fees and other remembering terms of, and terminate compensation consultants.-HPs Board of film directorsName/form of address Current Board MembershipRalph V. Whitworth, 57Independent Non-Executive chair Sovereign Bank, Na (pennsylvania), Hewlett-packard Co. Meg Cushing Whitman, 57President, capitulum Executive ships officer & film director Hewlett-packard Co., Zipcar, Inc., The spirit Conservancy, Inc., Teach For America, Inc., Zaarly, Inc., Procter & Gamble Co. Marc L. Andreessen, 41Independent Director Tinyco, Inc., Zend Technologies, Inc., Glam Media, Inc., Kno, Inc., Ebay, Inc., Stanford hospital & Clinics, Hewlett-packard Co., Hewlett-packard Development Co. Lp, Facebook, Inc., Skype Sarl, Tidemark Systems, Inc. Ann M. Livermore, 54Director Hewlett-packard Co., United Parcel Service, Inc., Lucile Packard Childrens hospital Rajiv Lochan Gupta, 67Lead Independent Director Hewlett-packard Co., Information Resources, Inc., Avantor exercise Materials, Inc., Stroz Friedberg Llc, The Vanguard Group, Inc., Delphi Automotive Llp, Affle Pte Ltd., Tyco International Ltd., The gathering Board, Inc., Delphi Automotive Plc Shumeet Banerji, 53Independent Director Hewlett-packard Co. Gary M. Reiner, 58Independent Director Hewlett-packard Co., Box, Inc., Norw alk health Services Corp., Appirio, Inc., The Norwalk Hospital Association Patricia F. Russo, 60Independent Director Alcoa, Inc., General Motors Co., Kkr Management Llc, Kkr & Co. Lp, Hewlett-packard Co., Merck & Co., Inc., The alliance For A Drug-free America, Inc. Ray J. street, 66Lead Independent Director Alertenterprise, Inc., Spikesource, Inc., Virsa Systems, Inc., Visible Path Corp., Xsigo Systems, Inc., Elance, Inc., Hewlett-packard Co., Special Olympics, Inc., Greatpoint Energy, Inc., Ausra, Inc., demand Softw ar, Inc., Kenandy, Inc., Carnegie Mellon University, Enigma, Inc., Hara Software, Inc., West Virginia University, Luca Technologies, Inc., Think North America, Mevio, Inc. ReviewHP announced changes to its gameboard of directors. Raymond J. Lane has decided to step down as chairman of the board, to be replaced on an meantime basis by Ralph V. Whitworth. The board is commencing a seem for a permanent nonexecutive board chairman. In addition, John H. Hammergren and G. Kennedy Thompson, after eight-spot and seven years of service to HP stockholders, respectively, have decided to leave the board. some(prenominal) directors will continue to serve until the whitethorn board meeting. The board is commencing a search for two or more parvenue independent directors. This news release contains advanced(a) statements that involve risks, uncertainties and assumptions. If such risks or uncertainties pass or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those denotative or implied by such innovational statements and assumptions. -Macys Board of DirectorsName/ rubric Current Board Membership terry J. Lundgren, 61Chairman, President & Chief Executive Officer Macys, Inc., National Retail Federation, Procter & Gamble Co., The Partnership For fresh York City, Kraft Foods Group, Inc., Federal mental reservation Bank Of New York Steven F. Bollenbach, 70Independent Director snip Warner, Inc., Ludwig Institute For Cancer Research Ltd., Los Angeles demesne Affairs Council, Mondelez International, Inc., Macys, Inc., Kb Home Craig E. Weatherup, 67Independent Director Macys, Inc., Starbucks Corp. Sara L. Levinson, 62Independent Director Macys, Inc., Harley-davidson, Inc., Cmi Marketing, Inc. Joseph L. Neubauer, 71Independent Director The Jewish theological Seminary Of America, The Barnes Foundation, The University Of Chicago, Catalyst, Inc., Macys, Inc., Verizon Communications, Inc., Aramark Refreshment Services Llc, The Horatio Alger Association Of tell Americans, Aramark Holdings Corp. Paul C. Varga, 49Independent Director Brown-forman Corp., Macys, Inc. Marna Cupp Whittington, 65Independent Director Macys, Inc., Oaktree bully Group Llc, Phillips 66 Meyer Feldberg, 71Independent Director New York City Ballet, Inc., Managed High Yield positivistic Fund, Inc., world(a) High Income Fund, Inc., Macys, Inc., Revlon, Inc., Strategic Global Income Fund, Inc. Deirdre P. Connelly,52Independent Director Pharmaceutical Research & Manufacturers Of America, Macys, Inc., clement Genome Sciences, Inc. Joyce M. Roch, 66Independent Director Dr. Pepper Snapple Group, Inc., Tupperware Brands Corp., Macys, Inc., Association Of governance Boards Of Universities & Colleges, Dillard University, At&t, Inc.ReviewManaging a nation-wide retail business requires a team of committed, gifted and experienced executives. Macys stores and direct-to-customer business argue with many retailing formats in the geographic areas in which they operate, including department stores, specialty stores, popular merchandise stores, off-price and discount stores, new and realized forms of home shopping (including the Internet, mail fix up catalogs and television) and manufacturers outlets, among others. In addition to competing with these other retailers for customers, Macys also must compete actually aggressively for executive talent. These talented executives are accountable fo r the performance of the business units they care and are compensated based on that performance.