Retail in Asia

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Kraft CEO gets USD26 million in compensation

Kraft Foods, the largest North American foodmaker, paid its CEO Irene Rosenfeld USD26.3 million in total compensation last year, 41 percent more than what she received in 2008, a regulatory filing showed.

Under Rosenfeld’s leadership, Kraft reached a deal to buy Cadbury last month after a prolonged battle, creating the world’s largest confectioner.

(Source: CNBC)