Miguel Patricio

Kraft Heinz (NASDAQ: KHC) CEO Miguel Patricio has said that the recent trend of higher food prices is here to stay. What Happened: In an interview with the BBC, Patricio acknowledged that Kraft Heinz has raised the prices of more than half of its products in the United...

Kraft Heinz Co (NASDAQ: KHC) detailed Tuesday a new strategic transformation plan that targets around $2 billion in cost cuts through 2024. Operating Model: The core element of Kraft Heinz's transformation is a new operating model with five elements, including: Reaffirming employees as...

Kraft Heinz Co (NASDAQ: KHC) caught some investors off guard Thursday by delaying its second-quarter results and acknowledging there is "significant work ahead." Shares of Kraft hit a new all-time low and the selling momentum carried over to Friday's session. Multiple analysts offered...

Struggling food company Kraft Heinz Co (NASDAQ: KHC) confirmed Monday CEO Bernardo Hees will step down and replaced with Miguel Patricio. What Happened Hees will remain CEO until the end of June at which point Patricio, a Anheuser Busch Inbev NV (NYSE: BUD) veteran, will take over. Patricio's...