The Kraft Heinz Company announced the Board of Directors intends to appoint Chief Executive Officer Miguel Patricio as chair, subject to his re-election at the Kraft Heinz 2022 Annual Meeting of Stockholders. After years of distinguished service, Chair of the Board of Directors Alexandre Behring will retire following the end of his term at the 2022 Annual Meeting.
“We are very pleased with the progress experienced by the company in advancing its strategic plan during the past few years under Miguel’s leadership and see his elevation to chair as a natural progression, providing a continuation of strong and consistent stewardship to guide the Company well into the future,” said Alex Behring, Kraft Heinz board chair. “I have enjoyed my time working alongside Miguel, the board, and the Kraft Heinz leadership team.”
The company also announced that the board has nominated James Park of Fitbit at Google to stand for election at the Kraft Heinz 2022 Annual Meeting.
Park, 45, is a technology entrepreneur who co-founded Fitbit, Inc., a connected health and fitness company acquired by Google in January, 2021. He is a leader in the technology industry with a strong track record of ideating and operating successful technology companies.
About The Kraft Heinz Company
We are driving transformation at The Kraft Heinz Company, inspired by our purpose, Let's Make Life Delicious. Consumers are at the center of everything we do. With 2021 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-driven product platforms. As global citizens, we're dedicated to making a sustainable, ethical impact while helping feed the world in healthy, responsible ways.