Kraft Heinz Co. Names Rashida La Lande as Global GC
La Lande comes to the company from Gibson, Dunn & Crutcher and will officially start work in January.
December 11, 2017 at 05:32 PM
3 minute read
Rashida La Lande, general counsel & corporate secretary of Kraft Heinz. Photo credit: Rick Kopstein.
The Kraft Heinz Co. Monday tapped Gibson, Dunn & Crutcher partner Rashida La Lande as its new global general counsel and corporate secretary. The New York corporate lawyer will join the company in mid-January at its Chicago offices.
La Lande, who was not available for comment, replaces general counsel Jim Savina, who the company said in the announcement of the new GC's hire was leaving to “pursue other opportunities.”
La Lande joined Gibson Dunn in 2000 and focused her practice on complex commercial deals, including mergers and acquisitions, leveraged buyouts, private equity transactions and joint ventures. She represented Kraft Foods Inc. in its 2010 acquisition of Cadbury. More recently she represented Verizon in its $4.5 billion acquisition of Yahoo, which closed in June.
With over 18 years of experience, she previously was an associate at Chadbourne & Parke. La Lande is a graduate of Harvard College and Columbia Law School.
She joins a company that has few legal problems listed in its most recent financial filing with the U.S. Securities and Exchange Commission. The filing lists one pending case, a Commodity Futures Trading Commission complaint against Mondelez International (formerly Kraft Foods Inc.) and Kraft in Illinois federal court. The complaint alleges Mondelez and Kraft manipulated or attempted to manipulate the wheat markets in the fall of 2011, according to the filing.
The alleged violations occurred prior to the October 2012 spin-off of Kraft Foods Group from Mondelez, and Mondelez “will predominantly bear the costs of this matter and any monetary penalties of other payments” as spelled out in a separation agreement, the filing revealed.
Kraft merged with the H.J. Heinz Co. in 2015. Kraft said Savina “played a key role in the 2015 integration” of the two companies. The merged company's top brands include Heinz Ketchup, Kraft Macaroni and Cheese, Planters peanuts and Jello.
Prior to becoming GC in 2015, Savina held various legal positions with Kraft over five years, including deputy general counsel and chief compliance officer, and associate general counsel.
Before joining Kraft, Savina served as executive director of global legal investigations and operations for Avon in New York.
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