Dive Summary:

Kraft Foods Group will soon have a new Chief Financial Officer. The maker of brands such as Jello-O, Lunchables and Maxwell House Coffee, said it has hired Teri List-Stoll as senior vice president of finance and plans to have her succeed the present CFO, Timothy McLevish, in the first quarter of 2014.

Dive Insight:

The announcement comes just 13 months after Kraft announced plans to split itself into two companies. Kraft Foods now consists of U.S. grocery brands such as Oscar Mayer and Velveeta. A new company, called Mondelez International, now owns such global snack brands as Oreo and Cadbury.

List-Stoll is a consumer goods veteran, with almost 20 years of experience at Procter & Gamble Co.