Kehoe replaces Teri List-Stoll, who will “step down from her role” on February 28, according to company officials. He will report directly to John Cahill, Kraft chairman and CEO.
This appointment marks Kehoe’s return to the company at which he has spent most of his career. He originally joined Kraft in 1988, and held a number of high-level finance positions with the company.
“I am pleased to welcome James back to Kraft as CFO,” said Cahill. “James knows the company inside and out and, throughout his career, has demonstrated strong financial acumen and execution capabilities. I have tremendous confidence in his ability to lead our finance team and take Kraft to a new level as we look to accelerate our pace of change.”
From 2012 to 2013, Kehoe was Kraft’s senior VP for corporate finance. When Kraft split into Kraft Foods Group and Mondelez International in 2013, Kehoe became senior VP of operating excellence at Mondelez.
He then moved on to apparel company Gildan Activewear, where he served as executive VP and chief financial and administrative officer before returning to Kraft.