Kraft Heinz Announces Management Changes
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Sep. 8, 2017--
Kraft Heinz today announced certain management changes, all to be
effective October 1, 2017, including the appointment of (a) Paulo
Basilio, 42, currently Executive Vice President and Chief Financial
Officer, as Zone President of the United States business, and (b) David
Knopf, 29, currently Vice President and Category Head of the Planters
business, as Executive Vice President and Chief Financial Officer.
George Zoghbi, currently Chief Operating Officer of the U.S. business,
will transition to a Strategic Advisor role going forward, working with
the Kraft Heinz Board of Directors, Chief Executive Officer Bernardo
Hees and Mr. Basilio. Mr. Zoghbi will remain a full-time employee.
Mr. Basilio joined the H.J. Heinz Company in June 2013 as Chief
Financial Officer. In his new role, Mr. Basilio will be responsible for
all facets of our U.S. business.
Mr. Knopf joined Kraft Heinz in July 2015 in connection with the merger
of Kraft Foods and H.J. Heinz Company, initially serving as Vice
President of Finance, Head of Global Budget & Business Planning,
Zero-Based Budgeting, and Financial & Strategic Planning. Prior to that,
Mr. Knopf held various roles at 3G Capital from 2013 to 2015 where he
worked on several large acquisitions, including both Burger King and
Heinz before joining Kraft Heinz. Previously, he held positions at Onex
Partners and Goldman Sachs. Mr. Knopf has been a partner of 3G Capital
ABOUT THE KRAFT HEINZ COMPANY
The Kraft Heinz Company (NASDAQ: KHC) is the fifth-largest food and
beverage company in the world. A globally trusted producer of delicious
foods, The Kraft Heinz Company provides high quality, great taste and
nutrition for all eating occasions whether at home, in restaurants or on
the go. The Company’s iconic brands include Kraft, Heinz, ABC,
Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables,
Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia,
Planters, Plasmon, Quero, Smart Ones and Velveeta.
The Kraft Heinz Company is dedicated to the sustainable health of our
people, our planet and our Company. For more information, visit www.kraftheinzcompany.com.
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Source: The Kraft Heinz Company
The Kraft Heinz Company
Michael Mullen (media)
Jakubik, CFA (investors)