Combination Creates Unparalleled Portfolio of Powerful and Iconic Brands
PITTSBURGH & NORTHFIELD, Ill.–(BUSINESS WIRE)–The Kraft Heinz Company (NASDAQ: KHC) is pleased to announce the successful completion of the merger between Kraft and Heinz.
“I am honored and humbled to be the CEO of The Kraft Heinz Company”Massif Capital’s Top Short Bets In The Real Asset Space [Exclisuve]
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The transaction creates the third-largest food and beverage company in North America and the fifth-largest food and beverage company in the world with an unparalleled portfolio of iconic brands. The complementary nature of the two brand portfolios presents substantial opportunity for synergies, which will result in increased investments in marketing and innovation. This historic transaction unites two powerful businesses and iconic brands, and provides a platform for leadership in the food industry both domestically and internationally.
Management and Governance
As previously announced, The Kraft Heinz Company’s Board of Directors is comprised of the following 11 directors: Alex Behring (who will serve as Chairman of the Board), Gregory Abel, Tracy Britt Cool, Warren Buffett, John T. Cahill (who wil