Kraft Heinz Announces Upcoming Changes to its Board of Directors
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Jan. 31, 2018--
The Kraft Heinz Company (NASDAQ: KHC) (“Kraft Heinz”) announced today
that, after years of distinguished service, Mackey McDonald, 71, will
retire from the Company’s Board of Directors following the end of his
term at the upcoming Kraft Heinz 2018 Annual Meeting of Stockholders.
The Company also announced that the Board of Directors has nominated
George Zoghbi to stand for election at the 2018 Annual Meeting.
“Mackey has made many contributions to Kraft Heinz during a
transformative period for the Company, starting as a Director at Kraft
Foods Inc. in 2010 and serving in key roles during Kraft Foods Group’s
spin-off and, most recently, during the merger of Kraft and Heinz. We
are grateful to Mackey for his commitment and service to Kraft Heinz and
the Board,” said Alex Behring, Chairman of the Board of Directors.
“Similarly, George has held important global leadership positions at
Kraft Heinz for over ten years. George’s understanding of Kraft Heinz
and his dynamic perspective on the food and beverage industry will be
immensely valuable as the Company pursues Our Vision To Be the Best Food
Company, Growing a Better World.”
Mr. Zoghbi, 51, served as the Chief Operating Officer of the U.S.
Commercial business from the closing of the 2015 merger until October
2017, when he transitioned to the role of Strategic Advisor to the CEO,
a role he will continue in. He joined Kraft in 2007 and has held various
roles during his career including Chief Operating Officer of Kraft
Foods. Mr. Zoghbi is also a director of Brambles Limited, a global
supply chain logistics company.
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)