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Board Changes at Kraft Heinz with Berkshire Execs Up for Election
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Board Changes at Kraft Heinz with Berkshire Execs Up for Election

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Kraft Heinz (KHC) has issued an announcement.

Gregory E. Abel and Susan Mulder are set to retire from The Kraft Heinz Company’s Board of Directors at the upcoming 2024 Annual Meeting, with no disagreements prompting their departure. Their roles on the board will be up for election, and notably, Berkshire Hathaway, which owns a significant 26.8% stake in Kraft Heinz, will have two of its executives, Timothy Kenesey and Alicia Knapp, vying for re-election. Abel serves as Vice Chair at Berkshire Hathaway, further intertwining the leadership between the two companies.

For a thorough assessment of KHC stock, go to TipRanks’ Stock Analysis page.

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