Cadbury deal lifts Kraft boss's pay

THE US food giant boss behind the controversial takeover of Cadbury received a 41 per cent hike in pay and bonuses last year, it emerged last night.

Kraft chairman and chief executive Irene Rosenfeld saw her pay package jump to $26.3 million (17.4m) in 2009, compared to total compensation of $18.7m (12.5m) in 2008.

The firm said her leadership during the Cadbury takeover had been"exceptional" and had transformed Kraft's business.

Related topics: