Finance Chief Returns To Kraft Heinz — WSJ

The Chicago-based company said on Monday that finance chief David Knopf, 31 years old, will return to 3G Capital, the private-equity firm that worked with Warren Buffett’s Berkshire Hathaway Inc. to create Kraft Heinz through a merger in 2015.

Mr. Knopf will be replaced next month by Paulo Basilio, 44, who became finance chief of H.J. Heinz Holding Corp. in 2013 and retained that title for Kraft Heinz after the merger. In 2017, Mr. Basilio became president of Kraft Heinz’s U.S. commercial business and last month became chief business planning and development officer.

Berkshire Hathaway and 3G remain top shareholders in Kraft Heinz. The stock, which was roughly flat on Monday, has declined 41% this year.

Read more Finance News or read the original

This content was imported with an automated system, without human intervention.
You can report the removal of content by first reading our Legal Disclaimer