Retail News

Kraft Heinz making a change at the top

CNN 04/22/2019

Kraft Heinz has announced it will replace CEO Bernardo Hess after it posted a $12.6 billion loss for the fourth quarter of 2018. The consumer packaged good company has named Miguel Patricio, an executive with Anheuser-Busch for more than 20 years, as its new CEO effective July 1.

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