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Kraft Heinz Stock Is Up Because Investors Hope a New CEO Will Do Better

WorldNews Monday, 22 April 2019 ()
Kraft Heinz Stock Is Up Because Investors Hope a New CEO Will Do BetterKraft Heinz stock was rising Monday on the news that the beleaguered packaged-food giant named a new CEO. Miguel Patricio, the former chief marketing officer of Anheuser-Busch InBev, will succeed outgoing CEO Bernardo Hees in July. The back story. While 2018 wasn’t kind to many consumer-staples stocks, Kraft’s...
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Credit: KDKA CBS 2 Pittsburgh - Published < > Embed
News video: Kraft Heinz CEO Stepping Down, Patricio Named Successor

Kraft Heinz CEO Stepping Down, Patricio Named Successor 00:31

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

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