Form 8-K · Current Report · Filed 2025-05-20
Kraft Heinz Board Members Timothy Kenesey and Alicia Knapp Resign Effective May 20, 2025
On May 19, 2025, Timothy Kenesey and Alicia Knapp, members of the Board of Directors of The Kraft Heinz Company, informed the Company of their decisions to step down from the Board effective May 20, 2025.
- Filer
- The Kraft Heinz Company KHC · NASDAQ
- Filed
- Accession
- 0001637459-25-000102
- CIK
- 0001637459
- Signal
- Medium impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Details
Their departures are not due to any disagreements with management or the Board regarding the Company's operations, policies, or practices. The Board has been reduced to ten members.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$27.88
Next session
-4.5%
Since filing
-7.3%
Latest close
$25.85
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from KHC reporting the same item, with the next session's move:
About The Kraft Heinz Company
The Kraft Heinz Company is a globally recognized food and beverage conglomerate formed through the merger of Kraft Foods Group and H.J. Heinz Company in 2015. Specializing in the production and distribution of a broad portfolio of brands, the company is known for iconic names such as Heinz Ketchup, Kraft Macaroni & Cheese, and Philadelphia Cream Cheese. Its primary function is to manufacture and market consumer packaged goods across the globe, serving a vast network of retail and foodservice businesses. The company significantly impacts sectors such as grocery retail, food service, and packaged food manufacturing. Headquartered in Pittsburgh, Pennsylvania, and Chicago, Illinois, Kraft Heinz is one of the world's largest food and beverage companies, playing a pivotal role in shaping food trends and consumer preferences. Its products are staples in households across North America, Europe, Asia Pacific, and Latin America, underscoring its commitment to quality and innovation in the food industry.
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