James L. Kraft*
Class of 1951
- Chairman Kraft-Phoenix Cheese Corporation
James Kraft was born in 1874 on a farm in the Canadian province of Ontario. He was the second of 11 children raised by Mennonite parents. As a teenager, he worked in a grocery store.
Later, Kraft invested in a cheese company in Buffalo, New York. He next headed the company's branch in Chicago, where his partners eased him out of the business. Stranded in Chicago in 1903 with only $65 in his pocket, he bought a horse and wagon and began to sell wholesale cheeses to small stores.
By 1909, several of his brothers joined his company, which was incorporated as J. L. Kraft & Bros. Kraft served as president of the company, which began to manufacture its own products, including the industry's first processed cheese.
In the 1930s, the company expanded to include products such as Miracle Whip, Parkay, and Kraft Macaroni and Cheese. Kraft Foods Group, Inc. became the world's second largest food and beverage company.