Kraft Heinz Names Miguel Patricio As Non-Executive Chair Of Board, Effective Jan. 1, 2024; Names Carlos Abrams-Rivera As CEO, Effective Jan. 1, 2024
Portfolio Pulse from Benzinga Newsdesk
Kraft Heinz has announced changes in its leadership, with Carlos Abrams-Rivera, currently Executive Vice President and President of the North America Zone, set to become CEO effective January 1, 2024. Current CEO, Miguel Patricio, will transition to the role of Non-Executive Chair of the Board on the same date.
August 14, 2023 | 1:04 pm
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Kraft Heinz's leadership changes, with Carlos Abrams-Rivera becoming CEO and Miguel Patricio becoming Non-Executive Chair of the Board, may impact investor sentiment and the company's strategic direction.
Leadership changes can often lead to shifts in company strategy and operations, which can impact investor sentiment and the company's stock price. However, it's too early to predict the exact impact of these changes on Kraft Heinz's stock.
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