Alexandre Van Damme Nominated to Stand for Election
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Feb. 23, 2018--
The Kraft Heinz Company (NASDAQ: KHC) (“Kraft Heinz”) announced today
that Warren Buffett, will retire from the Company’s Board of Directors
following the end of his term at the upcoming Kraft Heinz 2018 Annual
Meeting of Stockholders. Mr. Buffett decided to retire from the Board as
he decreases his travel commitments. The Company also announced that the
Board of Directors intends to nominate Alexandre Van Damme to stand for
election at the 2018 Annual Meeting to fill Mr. Buffett’s vacancy.
“It has been an honor to work with Warren for the past five years,” said
Alex Behring, Chairman of the Board of Directors. “His many invaluable
contributions to Kraft Heinz will have a lasting impact on the Company
for years to come. The Board of Directors looks forward to his continued
partnership as Chairman of our largest shareholder, Berkshire Hathaway.
We are thrilled to add Alexandre’s expertise and perspective to Kraft
Heinz, and believe that his executive experience and leadership will be
extremely valuable to the Board, our leadership and company as a whole.”
Mr. Van Damme is, amongst others, a Board member of Anheuser-Busch Inbevand Restaurant Brands International as well as a director of DKMS, the
largest bone marrow donor center in the world.
ABOUT THE KRAFT HEINZ COMPANY
The Kraft Heinz Company (NASDAQ: KHC) is the fifth-largest food and
beverage company in the world. A globally trusted producer of delicious
foods, The Kraft Heinz Company provides high quality, great taste and
nutrition for all eating occasions whether at home, in restaurants, or
on the go. The Company’s iconic brands include Kraft, Heinz, ABC,
Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House,
Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Smart Ones
and Velveeta. The Kraft Heinz Company is dedicated to the
sustainable health of our people, our planet and our Company. For more
information, visit www.kraftheinzcompany.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180223005638/en/
Source: The Kraft Heinz Company
The Kraft Heinz Company
Michael Mullen (media)
Michael.Mullen@kraftheinz.com
or
Christopher
Jakubik, CFA (investors)
ir@kraftheinz.com