Kraft Heinz Reports Officer Changes and Compensation Arrangements

Ticker: KHC · Form: 8-K · Filed: 2024-02-22T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, compensation, corporate-governance

TL;DR

**Kraft Heinz just filed an 8-K about executive changes and pay, keep an eye on what this means for their strategy!**

AI Summary

The Kraft Heinz Company filed an 8-K on February 22, 2024, reporting an event on February 21, 2024. The filing pertains to the departure or election of directors or officers and compensatory arrangements for certain officers. The company, incorporated in Delaware with IRS number 46-2078182, is headquartered at One PPG Place, Pittsburgh, Pennsylvania.

Why It Matters

Changes in leadership and executive compensation can signal strategic shifts or financial health, impacting investor confidence and future company direction.

Risk Assessment

Risk Level: low — This 8-K is a standard disclosure for changes in officers or compensation, not indicating immediate financial distress or major operational risk.

Key Numbers

Key Players & Entities

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 21, 2024.

When was this 8-K filed with the SEC?

This 8-K was filed with the SEC on February 22, 2024.

What specific items are covered in this 8-K filing?

This 8-K filing covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.

Where is The Kraft Heinz Company's principal executive office located?

The Kraft Heinz Company's principal executive office is located at One PPG Place, Pittsburgh, Pennsylvania 15222.

What is the Commission File Number for The Kraft Heinz Company?

The Commission File Number for The Kraft Heinz Company is 001-37482.

From the Filing

0001637459-24-000024.txt : 20240222 0001637459-24-000024.hdr.sgml : 20240222 20240222160613 ACCESSION NUMBER: 0001637459-24-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240221 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Kraft Heinz Co CENTRAL INDEX KEY: 0001637459 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 462078182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37482 FILM NUMBER: 24664705 BUSINESS ADDRESS: STREET 1: ONE PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 412-456-5700 MAIL ADDRESS: STREET 1: ONE PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 FORMER COMPANY: FORMER CONFORMED NAME: H.J. Heinz Holding Corp DATE OF NAME CHANGE: 20150323 8-K 1 khc-20240221.htm 8-K khc-20240221 false 0001637459 0001637459 2024-02-21 2024-02-21 0001637459 us-gaap:CommonStockMember 2024-02-21 2024-02-21 0001637459 khc:FloatingRateSeniorNotesDue2025Member 2024-02-21 2024-02-21 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): February 21, 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 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. On February 21, 2024, Vince Garlati, Vice President, Global Controller and Principal Accounting Officer of The Kraft Heinz Company (the “Company”), notified the Company that he would be taking a personal leave of absence beginning March 7, 2024. In connection with Mr. Garlati’s le

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