Kraft Heinz Announces Officer/Director Changes & Compensation Updates

Ticker: KHC · Form: 8-K · Filed: 2025-05-20T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, compensation, governance

Related Tickers: KHC

TL;DR

Kraft Heinz shakes up leadership and compensation - new execs in, old ones out.

AI Summary

On May 19, 2025, The Kraft Heinz Company filed an 8-K report detailing changes in its officer and director compensation arrangements. The filing also noted the departure of certain officers and the election of new directors, indicating potential shifts in the company's leadership and governance structure.

Why It Matters

Changes in executive leadership and compensation can signal strategic shifts or internal restructuring, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in executive and director roles, along with compensation adjustments, can introduce uncertainty about future strategy and operational direction.

Key Players & Entities

FAQ

What specific officer positions have seen changes?

The filing indicates the departure of certain officers and the appointment of certain officers, but does not specify the exact positions in the provided text.

Were there any new directors elected?

Yes, the filing explicitly mentions the election of directors.

What is the date of the report?

The date of the report is May 19, 2025.

What is Kraft Heinz's principal executive office address?

The principal executive offices are located at One PPG Place, Pittsburgh, Pennsylvania 15222.

What is the company's IRS Employer Identification Number?

The IRS Employer Identification Number for The Kraft Heinz Company is 46-2078182.

From the Filing

0001637459-25-000102.txt : 20250520 0001637459-25-000102.hdr.sgml : 20250520 20250520163120 ACCESSION NUMBER: 0001637459-25-000102 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250519 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250520 DATE AS OF CHANGE: 20250520 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 EIN: 462078182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37482 FILM NUMBER: 25969292 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-20250519.htm 8-K khc-20250519 false 0001637459 0001637459 2025-05-19 2025-05-19 0001637459 us-gaap:CommonStockMember 2025-05-19 2025-05-19 0001637459 khc:FloatingRateSeniorNotesDue2025Member 2025-05-19 2025-05-19 0001637459 khc:SeniorNotesDue2029Member 2025-05-19 2025-05-19 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): May 19, 2025 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 3.500% Senior Notes due 2029 KHC29 The Nasdaq Stock Market LLC 3.250% Senior Notes due 2033 KHC33 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 May 19, 2025, Timothy Kenesey and Alicia Knapp, members of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), each informed the Company

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