Is Kraft working for Cadbury? - Business, Innovation and Skills Committee Contents


Letter to Irene Rosenfeld, Chief Operating Officer and Chairman, Kraft Foods Inc., from the Chair of the Committee

I am writing in response to Marc Firestone's letter of 10 January regarding my invitation to you to appear before my Committee.

I had hoped that you would have seen this as an opportunity to demonstrate, in person, your company's commitment to Cadbury and to its heritage. Therefore, you will not be surprised to read that I am extremely disappointed that you felt unable to accept my invitation.

As you know, the takeover of Cadbury by Kraft was badly received in the United Kingdom and there was a high degree of scepticism over the motive for the takeover, the way in which it was conducted and Kraft's future strategy of the company. That scepticism remains and your refusal to attend a Committee of the House of Commons will do nothing to change that position.

Your letter set out the executive functions of Mr Firestone and the fact that he is authorised to speak on behalf of your company. Indeed, he did so when he gave a series of undertakings to my predecessor Committee. However, he cannot offer the level of authority that your appearance would provide.

Your appearance would send the strongest possible signal of Kraft's commitment to Cadbury, and would go some way to repairing the damage caused by the manner of the takeover.

I therefore ask you to reconsider your refusal to attend.

24 January 2011


 
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© Parliamentary copyright 2011
Prepared 23 May 2011