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For the fiscal year 2017, Kraft Heinz reported earnings of US$ 11.0 billion, with annual revenue of US$ 26.2 billion, a decline of 0.6% over the previous fiscal cycle. Kraft Heinz's shares traded at over $61 per share, and its market capitalization was valued at over US$ 136 billion in September 2018. [52]
Miguel Patricio (born 1966/1967) is a Portuguese businessman, and the CEO of Kraft Heinz. He succeeded Bernardo Hees in July 2019. [2] Early life
In 1996 Clouse chose to retire from the Army to pursue a business career, and joined Kraft Foods, where he began by holding various positions of increasing responsibility around the world. [4] [2] He was President of Kraft Foods Greater China from 2006 to 2008. [4] [2] [6] [7] [8] He was managing director of Kraft Foods Brazil from 2008 to 2010.
Kraft Heinz’s North American president will become CEO of the food giant next year, the company announced Monday. Carlos Abrams-Rivera will take the reins Jan. 1 from Miguel Patricio, who has ...
Patricio, a 52-year-old Portuguese native who will take over the helm of the world's fifth biggest food company from July 1, said he plans to focus more on efficiency, investing in brands and ...
Kraft Heinz CEO Miguel ... earnings call where he promised $2.5 billion in cost savings by 2027 — up from the aforementioned $2 billion. Net sales rose 7.3% from a year ago to $6.5 billion ...
Since 1994, Kraft has owned the New England Patriots of the National Football League (NFL). He also owns the New England Revolution of Major League Soccer (MLS), which he founded in 1996, and the esport-based Boston Uprising, which Kraft founded in 2017. As of July 2024, he has an estimated net worth of US$11.1 billion according to Forbes. [2]
Kraft Heinz says CEO Miguel Patricio will become non-executive chair of its board at the start of the new year, with Carlos Abrams-Rivera stepping into the top spot at the food products company at ...