Kraft Heinz Files 8-K on Officer Changes & Debt

Ticker: KHC · Form: 8-K · Filed: Nov 15, 2024 · CIK: 1637459

Kraft Heinz CO 8-K Filing Summary
FieldDetail
CompanyKraft Heinz CO (KHC)
Form Type8-K
Filed DateNov 15, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: corporate-governance, debt, officer-changes

Related Tickers: KHC

TL;DR

KHC leadership shuffle and debt updates filed today.

AI Summary

The Kraft Heinz Company filed an 8-K on November 15, 2024, reporting on the departure of directors or certain officers, the election of directors, and the appointment of certain officers, as well as compensatory arrangements for certain officers. The filing also includes information regarding the company's Floating Rate Senior Notes Due 2025 and Senior Notes Due 2029.

Why It Matters

This filing provides insight into the company's leadership structure and financial obligations, which can influence investor confidence and strategic direction.

Risk Assessment

Risk Level: low — The filing is routine and reports on corporate governance and debt, with no immediate negative financial implications disclosed.

Key Players & Entities

FAQ

What specific officer positions were affected by the changes reported in this 8-K?

The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers,' but the specific names and positions are not detailed in the provided excerpt.

Are there any new compensatory arrangements for officers detailed in this filing?

The filing mentions 'Compensatory Arrangements of Certain Officers' as an item being reported, but the specifics of these arrangements are not included in the provided text.

What is the maturity date for the Floating Rate Senior Notes?

The filing identifies 'khc:FloatingRateSeniorNotesDue2025Member,' suggesting these notes are due in 2025, but the exact maturity date is not specified in the excerpt.

What is the maturity date for the Senior Notes Due 2029?

The filing identifies 'khc:SeniorNotesDue2029Member,' indicating these notes are due in 2029, but the exact maturity date is not specified in the excerpt.

What is the primary business of The Kraft Heinz Company?

The Standard Industrial Classification code provided is 'CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030]', indicating their business involves processed and preserved food products.

Filing Stats: 535 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-11-15 16:07:44

Key Financial Figures

Filing Documents

From the Filing

khc-20241115 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 15, 2024 The Kraft Heinz Co mpany (Exact name of registrant as specified in its charter) Delaware 001-37482 46-2078182 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) One PPG Place , Pittsburgh , Pennsylvania 15222 (Address of principal executive offices, including zip code) ( 412 ) 456-5700 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.01 par value KHC The Nasdaq Stock Market LLC Floating Rate Senior Notes due 2025 KHC25 The Nasdaq Stock Market LLC 3.500% Senior Notes due 2029 KHC29 The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Vince Garlati, Vice President, Global Controller, has returned from his previously announced leave of absence from The Kraft Heinz Company (the "Company"). Mr. Garlati, age 48, will resume his role as the Company's Principal Accounting Officer, effective November 15, 2024, and Chris Asher, the Company's acting Principal Accounting Officer, will continue to serve as the Company's Deputy Global Controller. Mr. Garlati has served as the Company's Principal Accounting Officer and Global Controller since June 2018 (other than during his leave of absence). Mr. Garlati was not selected pursuant to any arrangement or undertaking between him and any other person. Mr. Garlati has no familial relationships with any director or executive officer of the Company, and there are no transactions between Mr. Garlati and the Company that would require disclosure under Item 404(a) of Regulation S-K. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The Kraft Heinz Company Date: November 15, 2024 By: /s/ Andre Maciel Andre Maciel Executive Vice President and Global Chief Financial Officer 2

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