The company said Rashida La Lande, Executive Vice President and Chief Legal and Corporate Affairs Officer, will step down from that role effective immediately, on August 5, 2024.

1. 01

   The company said Rashida La Lande, Executive Vice President and Chief Legal and Corporate Affairs Officer, will step down from that role effective immediately, on August 5, 2024.

2. 02

   Kraft Heinz said La Lande's decision to step down is not due to any disagreement or dispute with the company. It said La Lande will remain as an advisor through the transition period until certain strategic projects are completed.

3. 03

   The company said La Lande will receive a pro-rata payment of her annual bonus under the Performance Bonus Plan, in recognition of her actual performance for 2024 and in consideration of her remaining as an advisor and agreeing to restrictive covenants.

4. 04

   The company said the matching RSUs Ms. La Lande received through the Bonus Investment Plan, along with the accumulated dividend equivalent units, would otherwise have vested 3 years after grant, but will vest pro rata at 33% for her 2023 grant and 66% for her 2022 grant.

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