Daniel Myers to exit P&G for EVP role at Kraft

NORTHFIELD, Ill. — A Procter & Gamble executive will join Kraft Foods in September as its EVP supply chain, Kraft announced Thursday.

Daniel Myers — who succeeds David Brearton, now EVP and CFO of Kraft — most recently served as P&G's VP product supply, leading the supply chain function for the company's global hair care business, as well as coordination responsibilities for P&G's beauty and grooming business, including manufacturing operations that supported sales in more than 170 countries.

"Daniel has extensive experience driving cost savings across complex global supply chains — in food, beverages and many other products," Kraft Foods chairman and CEO Irene Rosenfeld said. "This expertise will complement our current end-to-end cost-management initiatives, including Project SAVOR in procurement and Lean Six Sigma in manufacturing. I'm confident that Daniel's leadership can accelerate efficiencies in our operations, which fuels our virtuous growth cycle."