Bernardo Hees

Kraft Heinz Names Marketing Expert as CEO
People

Kraft Heinz Names Marketing Expert as CEO

The packaged-foods giant appears to be pivoting toward growth rather than cost cutting in replacing Bernardo Hees with Miguel Patricio.
By Matthew Heller | April 22, 2019
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Kraft Heinz Discloses SEC Probe, Shares Tank
Financial Performance

Kraft Heinz Discloses SEC Probe, Shares Tank

The company's Q4 report contained other bad news, including a $15.4 billion goodwill impairment charge and an earnings miss.
By Matthew Heller | February 22, 2019
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Kraft Heinz Protects Profit With Price Hikes
Financial Performance

Kraft Heinz Protects Profit With Price Hikes

The company offset rising input costs in Q2 by raising prices of its packaged foods and condiments by 1.3 percentage points.
By Matthew Heller | August 6, 2018
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Kraft Heinz Sales Fall for 8th Quarter in a Row
Financial Performance

Kraft Heinz Sales Fall for 8th Quarter in a Row

The company's profits were boosted by higher pricing but analysts are skeptical it can increase sales as consumers shy away from processed foods.
By Matthew Heller | May 3, 2018
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Kraft Heinz U.S. Sales Drop Hits Q4 Earnings
Financial Performance

Kraft Heinz U.S. Sales Drop Hits Q4 Earnings

“There's no question that our financial performance in 2017 did not reflect our progress or potential,” CEO Bernardo Hees says.
By Matthew Heller | February 19, 2018
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