Kraft Heinz CEO stepping down, Patricio named successor

Kraft Heinz says CEO Bernardo Hees will step down from the publish and be succeeded by Miguel Patricio in July.

Patricio worked in numerous roles at Anheuser-Busch InBev over 20 years, together with serving as chief advertising officer. He’s also labored at corporations including Philip Morris, The Coca-Cola Co. and Johnson & Johnson.

In February Kraft Heinz disclosed an investigation by federal regulators and stated that it will slash the worth of its Oscar Mayer brands by a $15.4 billion.

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