May 25, 2006 |
Procter & Gamble Co. said James Kilts, well known in the consumer industry for revitalizing brands and brokering strategic mergers, would step down as head of the company's Gillette unit July 1 and then retire Oct. 1. Kilts, who became a vice chairman of Procter & Gamble when it bought Gillette last year, will work on integrating Gillette into the company in the three months before his retirement.
November 29, 1991 |
Kraft Is Cutting Cheese Prices: Kraft USA is reducing the price of many of its natural and processed cheeses 8%, effective Monday. The economic slump has meant that "we've seen volume weakness in the cheese category," said President James M. Kilts. "Lower list prices from Kraft will enable our retail customers to begin passing the savings on to consumers and stimulate demand for cheese products." Glenview, Ill.-based Kraft USA is part of Kraft General Foods Inc.
January 23, 2001 |
Gillette Co. named former Nabisco Holdings Corp. Chief Executive James Kilts chief executive and chairman, choosing an outsider to head the world's largest maker of razors for the first time in 70 years. The maker of Mach3 razors and Duracell batteries began a search for a new leader in October when its board ousted Michael Hawley after 18 months of declining sales, sluggish earnings and a falling stock price. Kilts' appointment is effective Feb. 12.
December 12, 1995 |
Philip Morris Cos. Names New CEO of Kraft International: Louis C. Camilleri, 40, succeeds John M. Keenan, who will serve as chairman of the division until he retires in early 1996, Philip Morris said. Camilleri was promoted from senior vice president for corporate planning at New York-based Philip Morris. He will report to James M. Kilts, Philip Morris executive vice president for worldwide food. Kraft Foods International Inc.
May 13, 1999 |
Presiding over the last annual meeting of tobacco and food behemoth RJR Nabisco Holdings Co., Chairman Steven Goldstone said Wednesday that the $8-billion sale of international tobacco operations allowed a split into "two companies that are in really good shape." Goldstone, ending a tumultuous era storied in the movie and book "Barbarians at the Gate," called his experience at the helm "an interesting ride." "All's well that ends well," he said.
February 4, 2005 |
Gillette Co., which agreed last week to be acquired by Procter & Gamble Co. for about $57 billion, said fourth-quarter profit rose 13%, helped by sales of M3Power razors and Duracell batteries. Net income at the world's largest razor maker increased to $415 million, or 41 cents a share, from $368 million, or 36 cents, a year earlier, Boston-based Gillette said. Revenue climbed the most in eight years, jumping 19% to $3.11 billion.