Kraft Heinz announces CEO Miguel Patricio to additional role of Board Chair and nominates James Park for election to its Board of Directors

– USA, IL –  Kraft Heinz Company (Nasdaq: KHC) today announced the nomination of CEO Miguel Patricio for election to the additional role of Chair of the Board of Directors, subject to 2022 AGM approval, to succeed Alexandre Behring who will retire from the Board.

The Company also announced the nomination of James Park for election to its Board of Directors at the 2022 AGM.

“We are very pleased with the progress experienced by the Company in advancing its strategic plan during the past few years under Miguel’s leadership and see his elevation to Chair as a natural progression, providing a continuation of strong and consistent stewardship to guide the Company well into the future,” said Alex Behring, current Board Chair. 

“I am also thrilled by the prospect of adding James Park to our Board,” said Miguel Patricio. “Technology and digital capabilities are extremely important elements of our continuing business strategy. His background and experience will be especially valuable to Kraft Heinz and the Board as we begin the next phase of our transformation.”

About James Park

James Park is a technology entrepreneur who co-founded Fitbit, Inc., a connected health and fitness company, that was acquired by Google in January 2021. Mr. Park is VP and GM, Fitbit at Google. He previously served as CEO, President, and member of the board of directors of Fitbit since 2007, and as chairman of the board of directors from 2015, until its acquisition. He is a leader in the technology industry with a strong track record of ideating and operating successful technology companies. Park was also the co-founder of Wind-Up Labs, Inc., an online photo-sharing company acquired by CNET Networks, Inc. in 2005, and Epesi Technologies, Inc. In 2015, he was named to Fortune magazine’s 40 Under 40, an annual ranking of the most influential young people in business.

About The Kraft Heinz Company

We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. Consumers are at the center of everything we do. With 2021 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-driven product platforms. As global citizens, we’re dedicated to making a sustainable, ethical impact while helping feed the world in healthy, responsible ways.

For more information: https://www.kraftheinzcompany.com/

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