Kraft shows steady volume gains, announces executive change

|About: The Kraft Heinz Company (KHC)|By:, SA News Editor

Kraft Foods Group (KRFT) reports organic sales rose 3.2% during Q4 on a 4% gain volume/mix gain that was offset by lower pricing.

Refrigerated Meats and Meals & Desserts were the segments showing the highest rate of revenue growth.

In a separate announcement, Kraft says John Cahill will transition to a role as a Non-Executive Chairman of the Board.

KRFT flat in AH trading.