secwatch.observer — SEC 8-K summary
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Issuer:     Kraft Heinz Co (KHC)
CIK:        0001637459
Form:       8-K
Filed at:   2022-01-21T23:59:59+00:00
Accession:  0001637459-22-000002
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kraft Heinz CFO Paulo Basilio to step down; Andre Maciel named successor
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- Paulo Basilio steps down as Global CFO effective March 1, 2022, remains as strategic advisor through August 2022.
- Andre Maciel, current SVP U.S. CFO and Head of Digital Transformation, becomes EVP and Global CFO on March 2, 2022.
- Yang Xu named SVP Global Head of Corporate Development, reporting to CEO.
- Maciel receives base salary of $650,000, bonus target of 175% of salary, and initial equity award of $2 million.
- Basilio cited as key in executing M&A, debt reduction, and returning to organic sales growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637459/000163745922000002/0001637459-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637459/000163745922000002/khc-20220119.htm
  HTML page:      https://secwatch.observer/filing/0001637459-22-000002

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