Kraft Foods Named a Top Company for Latinas
Friday, September 19, 2008 9:01 AM
Symbols: KFT

Company Recognized for Diversity Practices and Career Opportunities for Hispanic Women

NORTHFIELD, Ill., Sept. 19 /PRNewswire-FirstCall/ -- LATINA Style magazine has named Kraft Foods (NYSE: KFT) one of the top 50 companies for professional Hispanic women in the United States. The award recognizes companies that excel in Latina representation in senior positions, leadership and mentoring programs for Hispanics and progressive employee benefits.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080605/AQTH531LOGO)

'Diversity and inclusion are part of our growth strategy,' said Irene Rosenfeld, Chairman and Chief Executive Officer. 'Our consumers are diverse, so having a diverse perspective enables us to see first-hand how we can better meet their needs with innovative, high-quality products.'

'We're honored to be among the top 50 companies for Latinas,' said Anne Alonzo, Vice President, Corporate Affairs. 'We recognize the growing influence of Latinas and applaud their significant accomplishments and successes.' Earlier this month, Latina Style featured Kraft at its National LATINA Symposium in Washington, D.C., where Alonzo joined other prominent Latinas at a workshop focused on 'Achieving Your Potential.'

Building a Culture Where the Best Want to Work

Kraft's commitment to maintain a diverse workforce and attract the talent needed to fuel the company's growth goes beyond brochures and seminars. As part of its ongoing efforts to build a culture where the best talent wants to work, Kraft has expanded diversity training and developed innovative programs to help women advance. A great example is the company's Efficacy for Women program, where participants identify their own career goals and develop the specific steps to achieve them.

In addition, Kraft's employee councils have been re-energized. To help these groups grow, each member of the company's executive team sponsors one of the ten councils in the United States, Canada and Latin America. For example, Kraft's Hispanic Employee Council and the Kraft Latin America Women's Council develop strategies to meet their members' development needs and support their advancement in the organization. Also, these groups advise management on how to leverage a diverse workforce to meet business goals.

Kraft's commitment extends beyond the workplace. The company has partnered with the National Latino Children's Institute to develop Salsa, Sabor y Salud to address nutrition and obesity issues among U.S. Latino families.

ABOUT THE LATINA STYLE 50

Since its launch in 1998, the LATINA Style 50 Report has become one of the most prestigious analyses of corporate America's efforts for promoting diversity and providing career advancement opportunities for Hispanic women. More than 800 companies are evaluated each year using a comprehensive survey created with the assistance of the U.S. Department of Labor, the U.S. Equal Employment Opportunity Commission and national Hispanic organizations. Additional information is available at http://www.latinastyle.com.

ABOUT KRAFT FOODS INC.

For more than a century, Kraft (http://www.kraft.com) has offered delicious foods and beverages that fit the way consumers live. Millions of times a day in more than 150 countries, consumers reach for their favorite Kraft brands, including nine with revenues exceeding $1 billion: Kraft cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese; Maxwell House coffee; Nabisco cookies and crackers and its Oreo brand; Jacobs coffees; Milka chocolates; and LU biscuits. Kraft is one of the world's largest food and beverage companies with annual revenues exceeding $37 billion, more than 100,000 employees and more than 180 manufacturing and processing facilities globally. The company (NYSE: KFT) is a member of the Standard & Poor's 500 index as well as the Dow Jones Sustainability Index and Ethibel Sustainability Index.

SOURCE Kraft Foods

(Source: PR Newswire )

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