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Kraft Heinz logoKraft Heinz KHC

Kraft Heinz said directors Gregory E. Abel and Susan Mulder each informed the company on February 22, 2024 of their decisions to retire from the Board effective at the 2024 Annual Meeting of Stockholders.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Kraft Heinz said directors Gregory E. Abel and Susan Mulder each informed the company on February 22, 2024 of their decisions to retire from the Board effective at the 2024 Annual Meeting of Stockholders.

  2. The company said both directors' decisions are based on their other business commitments and are not the result of any disagreement with management or the Board over the company's operations, policies or practices.

  3. The company said Timothy Kenesey, President and Chief Executive Officer of MedPro Group Inc., a Berkshire Hathaway subsidiary, and Alicia Knapp, President and Chief Executive Officer of BHE Renewables, LLC, will stand for re-election at the 2024 Annual Meeting.

  4. Kraft Heinz said Berkshire Hathaway owned approximately 26.8% of the company's common stock as of February 10, 2024, and that Abel currently serves as Vice Chair, Non-Insurance Operations of Berkshire Hathaway.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Two Directors to Retire from Board at 2024 Annual Meeting

Kraft Heinz said directors Gregory E. Abel and Susan Mulder each informed the company on February 22, 2024 of their decisions to retire from the Board effective at the 2024 Annual Meeting of Stockholders.

Source · Based on the filing body and exhibits

Retirements Based on Other Business Commitments, Not Disagreement

The company said both directors' decisions are based on their other business commitments and are not the result of any disagreement with management or the Board over the company's operations, policies or practices.

Source · Based on the filing body and exhibits

2 Berkshire Hathaway-Affiliated Nominees for Re-Election

The company said Timothy Kenesey, President and Chief Executive Officer of MedPro Group Inc., a Berkshire Hathaway subsidiary, and Alicia Knapp, President and Chief Executive Officer of BHE Renewables, LLC, will stand for re-election at the 2024 Annual Meeting.

Source · Based on the filing body and exhibits

Berkshire Hathaway Holds Approximately 26.8% of Common Stock

Kraft Heinz said Berkshire Hathaway owned approximately 26.8% of the company's common stock as of February 10, 2024, and that Abel currently serves as Vice Chair, Non-Insurance Operations of Berkshire Hathaway.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.