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Kraft Heinz Plans to Name CEO Miguel Patricio as Chair

February 18, 2022 at 04:33 pm EST

By Stephen Nakrosis

The Kraft Heinz Co. on Friday said its board plans to appoint Miguel Patricio, the company's chief executive, as chair.

The appointment is subject to Mr. Patricio's re-election at the company's annual meeting, Kraft Heinz said.

Mr. Patricio will succeed Alexandre Behring, who plans to retire following the end of his term at the annual meeting, the company said.

Mr. Patricio has been CEO of the company since 2019 and a board member since 2021, Kraft Heinz said.

Also on Friday, the company said the board nominated James Park of Fitbit at Google to stand for election at the annual meeting.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

02-18-22 1633ET

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Miguel Patricio

Miguel Patricio holds the position of Chief Executive Officer of The Kraft Heinz Co. He previously was Principal at The Coca-Cola Co., Principal at Johnson & Johnson, Chief Marketing Officer at Anheuser-Busch InBev SA Chief Executive Officer at Lakeport Brewing Income Fund, Vice President-Marketing at Companhia de Bebidas das Américas - AMBEV, Vice President-Marketing for Ambev SA and Chief Marketing Officer at Anheuser-Busch InBev SA (which are all subsidiaries of Anheuser-Busch InBev SA), President-North America Operations at Labatt USA and Marketing Director at Philip Morris USA, Inc. Mr. Patricio received an undergraduate degree from Getulio Vargas Foundation.

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