Highest-materiality recent filing
Kraft Heinz EVP & Chief Omnichannel Sales Officer Cory Onell to step down June 30
Cory Onell, EVP & Chief Omnichannel Sales and Asia Emerging Markets Officer, departs effective June 30, 2026.
Kraft Heinz to redeem $1B of its 3.875% Senior Notes due 2027 on July 8
Partial redemption of $1B out of $1.35B outstanding of 3.875% Senior Notes due 2027.
Kraft Heinz issues €1B new notes at 3.5% and 3.95%; tenders ~$1.38B of 4.375% 2046 notes
Issued €500M 3.5% notes due 2031 and €500M 3.95% notes due 2034; proceeds to fund tender.
10 directors elected; Steve Cahillane, Mary Lou Kelley, Elio Leoni Sceti each received >893M votes for.
Kraft Heinz subsidiary issues €1B senior notes: 3.500% due 2031, 3.950% due 2034
Kraft Heinz Foods Company (100% owned sub of KHC) issued €500M of 3.500% senior notes due 2031 and €500M of 3.950% senior notes due 2034.
Kraft Heinz subsidiary commences up to $1.1B cash tender offer for 2046 and 2049 senior notes
Kraft Heinz Foods offers to buy up to $1.1B aggregate principal of its 4.375% notes due 2046 and 4.875% notes due 2049.
Kraft Heinz Q1 net sales up 0.8% to $6.0B; adjusted EPS down 6.5% to $0.58; FY outlook reaffirmed
Net sales $6,047M (+0.8% YoY); Organic Net Sales fell 0.4%. Adjusted EPS $0.58 (-6.5%).
Kraft Heinz North America president Pedro Navio stepping down Feb 22, 2026
Pedro Navio, EVP and President of North America, departs to pursue other opportunities effective Feb 22, 2026.
Kraft Heinz Q4 adj EPS $0.67 (-20% YoY); pauses separation, announces $600M investment
FY2025 net sales $24.9B, -3.5% YoY; Organic Net Sales -3.4%. Operating loss of $4.7B from $9.3B impairment.
Kraft Heinz registers up to 325M shares for potential resale by Berkshire Hathaway and 3G
Filed resale prospectus supplement registering up to 325,442,152 shares of common stock held by Berkshire Hathaway and 3G Global Food Holdings LP.
Kraft Heinz names Steve Cahillane CEO; Carlos Abrams-Rivera departs; John Cahill becomes Board Chair
Steve Cahillane, former Kellanova CEO, appointed Kraft Heinz CEO effective Jan 1, 2026; will also lead Global Taste Elevation Co. post-separation.
Kraft Heinz Q3 adj. EPS $0.61 misses, cuts FY25 organic sales and adj. operating income guidance
Q3 net sales $6.2B down 2.3% YoY; organic net sales down 2.5%.
Kraft Heinz appoints three new independent directors ahead of planned company separation
L. Kevin Cox, Mary Lou Kelley, Tony Palmer join board effective Oct 22, 2025.
Kraft Heinz to separate into two public companies via tax-free spin-off
CEO Carlos Abrams-Rivera will become CEO of North American Grocery Co. upon completion.
Kraft Heinz Q2 operating loss of $8B on $9.3B impairment; adjusted EPS $0.69, down 11.5%
Net sales $6.35B, down 1.9% YoY; organic net sales down 2.0% on volume/mix decline of 2.7pp.
Kraft Heinz EVP & Chief Procurement/Sustainability Officer Lima to step down; Aydin named successor
Marcos Eloi Lima, EVP & Chief Procurement/Sustainability Officer, will step down effective Aug 1, 2025.
Kraft Heinz extends $4.0B revolver maturity to 2030, adjusts equity covenant
Extended maturity of $4.0B revolving credit facility from July 8, 2029 to July 8, 2030.
Kraft Heinz names Chris Asher as Principal Accounting Officer
Vince Garlati steps down as VP, Global Controller and PAO effective June 22, 2025, remains as VP of Corporate Strategic Projects.
Two Kraft Heinz directors step down effective May 20; board reduced to ten
Timothy Kenesey and Alicia Knapp resigned from Kraft Heinz board effective May 20, 2025.
KHC annual meeting: directors elected, compensation approved, all shareholder proposals defeated
All 12 director nominees elected; Timothy Kenesey received highest against vote at 30.6M shares.
Kraft Heinz Q1 net sales down 6.4%, adjusted EPS $0.62; full-year outlook lowered
Organic net sales declined 4.7% vs prior year; volume/mix fell 5.6 pp, price up 0.9 pp.
Kraft Heinz Foods issues $1.0B USD and €600M Euro senior notes
$500M 5.200% notes due 2032 and $500M 5.400% notes due 2035 issued.
Full year net sales $25.8B (-3.0%); organic net sales -2.1%; adjusted operating income +1.2% to $5.4B.
Vince Garlati, age 48, resumes as Principal Accounting Officer effective Nov 15, 2024, after returning from leave.
Kraft Heinz Q3 net sales down 2.8%; posts $1.4B impairment; narrows FY outlook
Net sales $6.4B, -2.8%; Organic Net Sales -2.2%; price +1.2pp, volume/mix -3.4pp.
Kraft Heinz appoints OpenTable CEO Debby Soo to Board of Directors
Debby Soo, CEO of OpenTable, appointed to Kraft Heinz Board effective Oct 24, 2024.
Kraft Heinz extends $4.0B revolving credit facility maturity to 2029
Maturity of $4.0B revolving credit facility extended from July 8, 2028 to July 8, 2029.
Kraft Heinz announces departure of EVP and Chief Legal Officer Rashida La Lande
Effective Aug 5, 2024, Rashida La Lande steps down as EVP & Chief Legal and Corporate Affairs Officer.
Kraft Heinz Q2 net sales down 3.6%; lowers full-year organic sales and AOI outlook
Net sales $6.5B, down 3.6% YoY; organic net sales down 2.4% on volume/mix decline of 3.4pp.
Kraft Heinz annual meeting: all 11 directors elected, shareholder proposals defeated
All 11 director nominees elected, including Carlos Abrams-Rivera and Humberto P. Alfonso.
Kraft Heinz Q1 adj EPS $0.69 (+1.5% YoY); reaffirms FY24 outlook, raises gross margin view
Net sales $6.4B (-1.2%); Organic Net Sales -0.5% with price +2.7pp offset by volume/mix -3.2pp.
Kraft Heinz reorganizes segment reporting; splits International into three operating segments
International segment divided into International Developed Markets, WEEM, and Asia Emerging Markets (AEM).
Kraft Heinz Foods issues €550M 3.500% senior notes due 2029
Issued €550M 3.500% senior notes due March 15, 2029; interest payable annually.
Two Kraft Heinz directors to retire at 2024 annual meeting; Berkshire executives to join board
Gregory E. Abel (Vice Chair, Berkshire non-insurance ops) and Susan Mulder retire from board at 2024 annual meeting; no disagreement.
Kraft Heinz appoints acting Principal Accounting Officer during Garlati's leave
Vince Garlati, VP Global Controller and PAO, taking personal leave from March 7, 2024.
Kraft Heinz unveils refined long-term strategy at CAGNY; reiterates 2024 outlook
New long-term algorithm targets 4-6% Adjusted Operating Income growth (replacing EBITDA) and 6-8% Adjusted EPS growth.
Kraft Heinz Q4 net sales -7.1% YoY, FY Adj EPS +7.2% to $2.98; guides FY24 Adj EPS $3.01-3.07
Q4 net sales $6.86B (-7.1% YoY); Organic Net Sales -0.7%; net income $757M (-14.6%); diluted EPS $0.61 (-15.3%).
Kraft Heinz authorizes $3B share repurchase program through Dec 2026
Board approved repurchase of up to $3B of common stock through December 26, 2026.
Kraft Heinz Q3 adj. EPS +14% to $0.72; FY guidance raised; President Int'l Markets departing
Q3 net sales $6.57B (+1% YoY); Organic net sales +1.7%; price +7.1pp, volume/mix -5.4pp.
Carlos Abrams-Rivera appointed President effective Aug 8, 2023, and CEO and Board member effective Jan 1, 2024.
Kraft Heinz Q2 beats: EPS $0.81 up 285.7%, raises margin outlook
Net sales $6.72B (+2.6% YoY); Organic Net Sales +4.0%.
Kraft Heinz extends $4.0B revolver maturity from 2027 to 2028
First Amendment to the $4.0B credit agreement, dated July 21, 2023, extends revolving maturity to July 8, 2028.
Kraft Heinz issues long-term organic net sales growth targets by segment
Total KHC long-term organic net sales growth target: 2-3%.
Kraft Heinz Foods issues €600M floating rate senior notes due 2025
Issued €600M Floating Rate Senior Notes due May 9, 2025, guaranteed by The Kraft Heinz Company.
Kraft Heinz shareholders elect all 12 director nominees, approve say-on-pay, reject three proposals
All 12 board nominees elected with 84-96% of votes cast; Miguel Patricio received 97.4% votes for.
Kraft Heinz Q1 EPS $0.68 (+13.3% adj.), raises FY adjusted EPS guidance to $2.83-$2.91
Q1 net sales $6.5B (+7.3% YoY); Organic net sales +9.4% on price +14.7pp, volume/mix -5.3pp.
Kraft Heinz affirms long-term growth algorithm; 2023 organic net sales growth 4-6%
Long-term targets: organic net sales growth 2-3%, adjusted EBITDA growth 4-6%, adjusted EPS growth 6-8%, FCF conversion ~100%.
Kraft Heinz Q4 EPS $0.72 beats prior year; guides 2023 organic sales growth 4-6%
Q4 net sales $7.4B (+10%); organic net sales +10.4%; diluted EPS $0.72 vs ($0.21); adjusted EPS $0.85 vs $0.79.
Kraft Heinz amends severance, CIC plans, and equity award treatment for NEOs effective Jan 1, 2023
New severance plan (eff. Jan 1, 2023): CEO gets 24 months' salary, senior executives 18 months, plus prorated equity vesting for pre-2023 awards.
Kraft Heinz appoints Diane Gherson to Board, effective Nov. 3, 2022
Diane Gherson, former IBM CHRO and Harvard Business School senior lecturer, appointed to Kraft Heinz Board.
On June 18, 2026, The Kraft Heinz Company (the “Company”) announced that Cory Onell, Executive Vice President and Chief Omnichannel Sales and Asia Emerging Markets Officer, will step down from his role effective June 30, 2026 to pursue other opportunities.
On June 12, 2025, Vince Garlati, Vice President, Global Controller and Principal Accounting Officer of The Kraft Heinz Company (the “Company”), notified the Company that he will be stepping down from his role effective June 22, 2025.
Chris Asher, age 45, the Company’s Deputy Global Controller, will succeed Mr. Garlati as the Company’s Vice President, Global Controller and Principal Accounting Officer effective June 22, 2025.
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 of their respective decisions to step down from the Board effective May 20, 2025.
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 of their respective decisions to step down from the Board effective May 20, 2025.
Mr. Garlati, age 48, will resume his role as the Company’s Principal Accounting Officer, effective November 15, 2024
On October 24, 2024, the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”) appointed Debby Soo as a member of the Board, effective as of such date.
On August 5, 2024, The Kraft Heinz Company (the “Company”) announced that Rashida La Lande, Executive Vice President and Chief Legal and Corporate Affairs Officer, will be stepping down from her role effective immediately.
On February 22, 2024, Gregory E. Abel and Susan Mulder, members of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), each informed the Company of their respective decisions to retire from the Board effective at the Company’s 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”).
On February 22, 2024, Gregory E. Abel and Susan Mulder, members of the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”), each informed the Company of their respective decisions to retire from the Board effective at the Company’s 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”).
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 leave of absence, effective March 7, 2024, Chris Asher was appointed as acting Principal Accounting Officer.
Max materiality 0.90 · Median 0.55 · Most common event leadership