Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  The Kraft Heinz Company    KHC

THE KRAFT HEINZ COMPANY

(KHC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Kraft Heinz Says Two Board Members Will Step Down

share with twitter share with LinkedIn share with facebook
03/05/2020 | 04:51pm EDT

By Micah Maidenberg

Kraft Heinz Co. said it two members of its board won't stand for reelection at the company's next annual shareholders meeting.

The maker of Velveeta cheese, Heinz ketchup, Oscar Mayer cold cuts and other food products said Thursday in a filing that Feroz Dewan and Jeanne Jackson will serve the rest of their current terms.

The board has nominated Susan Mulder, chief executive of Nic & Zoe Co., a women's apparel company, and Leoni Sceti, co-founder and chair of an investment firm focused on consumer-product brands called the Craftory, to join it.

Ms. Mulder is also a director of Sally Beauty Holdings Inc. while Mr. Sceti is a director of Barry Callebaut AG and Anheuser-Busch InBev SA.

Mr. Dewan and Ms. Jackson's decision not to stand for reelection is "not the result of any disagreement with management or the Board of Directors of the Company related to our operations, policies or practices," Kraft Heinz said in a statement.

The company has struggled to lift sales and is now trying to generate better results under Chief Executive Miguel Patricio, who took over the top role at the company last summer.

 

Write to Micah Maidenberg at micah.maidenberg@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
BARRY CALLEBAUT AG 1.49% 1835 Delayed Quote.-14.17%
CHEESE FUTURES (CSC) - CMG (ELECTRONIC)/C1 0.00% 2.56 End-of-day quote.25.06%
LETS HOLDINGS GROUP CO., LTD. 2.68% 11.86 End-of-day quote.96.36%
LOOK HOLDINGS INCORPORATED -0.85% 702 End-of-day quote.-43.93%
MEMBERS CO., LTD. -3.07% 1387 End-of-day quote.-39.09%
THE KRAFT HEINZ COMPANY -1.54% 31.37 Delayed Quote.-2.37%
share with twitter share with LinkedIn share with facebook
Latest news on THE KRAFT HEINZ COMPANY
07/09THE KRAFT HEINZ COMPANY : to Report Second Quarter 2020 Results on July 30, 2020..
BU
06/25KRAFT HEINZ : Don't Stop, Just Pop With Planters All New Pop & Pour Nuts
BU
06/22LIVESTOCK HIGHLIGHTS : Top Stories of the Day
DJ
06/18PepsiCo to Retire Aunt Jemima Brand -- WSJ
DJ
06/17Aunt Jemima, Uncle Ben's -- Brands With Racist Roots -- Face Change -- 7th Up..
DJ
06/11Unilever picks Britain as best option as it ends Anglo-Dutch era
RE
06/11Unilever's bid to end Anglo-Dutch dual-headed structure
RE
06/11Investors Get Ready for the Fed to Cap Rates
DJ
06/11Unilever to Unify Legal Structure Under Single Parent Company -- Update
DJ
06/02Customers Come Back to Campbell's Soup
DJ
More news
Financials (USD)
Sales 2020 25 062 M - -
Net income 2020 2 601 M - -
Net Debt 2020 26 253 M - -
P/E ratio 2020 14,8x
Yield 2020 5,10%
Capitalization 38 329 M 38 329 M -
EV / Sales 2019
EV / Sales 2020 2,58x
Nbr of Employees 37 000
Free-Float 25,9%
Chart THE KRAFT HEINZ COMPANY
Duration : Period :
The Kraft Heinz Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THE KRAFT HEINZ COMPANY
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 32,85 $
Last Close Price 31,37 $
Spread / Highest target 53,0%
Spread / Average Target 4,72%
Spread / Lowest Target -13,9%
EPS Revisions
Managers
NameTitle
Miguel Patricio Chief Executive Officer
Alexandre Behring da Costa Chairman
Flavio Torres Head-Global Operations
Paulo Basilio Global Chief Financial Officer
Gregory Edward Abel Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
THE KRAFT HEINZ COMPANY-2.37%38 329
NESTLÉ S.A.1.15%314 451
MONDELEZ INTERNATIONAL, INC-8.75%73 143
DANONE-19.13%44 575
GENERAL MILLS, INC.17.51%38 385
THE HERSHEY COMPANY-13.76%26 733