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The Kraft Heinz Company
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The Kraft Heinz Company

Vince Garlati Stepping Down as Global Controller for Kraft Heinz

| 8-K |Consumer Defensive

Summary

On June 12, 2025, Vince Garlati, Vice President, Global Controller, and Principal Accounting Officer for The Kraft Heinz Company, announced his departure effective June 22, 2025. He will transition to a new role as Vice President of Corporate Strategic Projects. Chris Asher, the current Deputy Global Controller, will succeed Garlati as the Vice President, Global Controller, and Principal Accounting Officer on the same date. The Human Capital and Compensation Committee has approved Asher's compensation, including an annual base salary of $400,000 and a performance bonus plan. Additionally, Asher will be eligible for an annual equity award starting in 2026.

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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.

Exchange: NASDAQ Industry: Packaged Foods Company Website →

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