Kraft Heinz names Anheuser-Busch executive as new CEO

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Kraft Heinz Co replaced Chief Executive Officer Bernardo Hees with Anheuser-Busc...

FILE PHOTO: A Heinz Ketchup bottle sits between a box of Kraft macaroni and cheese and a bottle of Kraft Original Barbecue Sauce on a grocery store shelf in New York March 25, 2015. REUTERS/Brendan McDermid/File Photo

- Kraft Heinz Co replaced Chief Executive Officer Bernardo Hees with Anheuser-Busch InBev veteran Miguel Patricio, pointing the way to a possible change of strategy that may involve moving away from years of cost-cutting. The announcement comes just months after the company took a $15.4 billion writedown for its Kraft and Oscar Mayer brands and other assets, slashed its dividend, and said the U.S. Securities and Exchange Commission was probing its accounting practices.

In an interview published on Monday, the Wall Street Journal quoted Patricio as saying he planned to move the Heinz ketchup maker’s strategy in a new direction after cuts that have left its brands in a weaker position to compete on store shelves. Patricio takes over the top job at Kraft Heinz in July after spending two decades at Anheuser-Busch, most recently as the brewer’s global chief marketing officer.Reporting by Uday Sampath in Bengaluru; Editing by Shailesh Kuber and Saumyadeb Chakrabarty

 

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Actually illegal under the Sherman Act of 1898 and the Clayton Act of 1914. It still won't matter. Over a hundred years have passed since legislation was written to keep this from happening, and it's still happening.

So all our condiments will taste like watered down beer?

Is that still food?

I wonder what will be the “Dilly dilly” equivalent for Kraft Foods

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Kraft Heinz Names New CEOKraft Heinz named a new chief executive, hiring the chief marketing officer and a former leader of brewer Anheuser-Busch InBev to lead the giant foodmaker’s attempted turnaround after years of cost cuts and weak sales. Well Heinz ketchup (A SINGLE BOTTLE) sells for ¿5,000 Bolivar in Venezuela... so... Where's the humanitarian compassion for John f..kin Kerry that could have been helping them instead of DEMANDING WHAT EVERYONE ELSE DO!?!?! more people shop at aldi type grocery stores with off brands because shrinking packaging and raising prices pisses Americans off. That new mayochup shit is great on a burger though. I don't buy any of their products. JFK and momma T are Evil people.
Source: WSJ - 🏆 98. / 63 Read more »

Here's everything that has gone wrong for Kraft Heinz in the last yearAfter a string of bad news over the last year for Kraft Heinz, CEO Bernardo Hees is leaving the company.
Source: CNBC - 🏆 12. / 72 Read more »

Kraft Heinz CEO Bernardo Hees to step down, will be replaced by AB InBev's Miguel PatricioBernardo Hees leaves at a critical time for Kraft Heinz, which is battling the slow-growing food industry and analysts questioning the business model. Pecado capital.
Source: CNBC - 🏆 12. / 72 Read more »

Florida prosecutors will release surveillance tape of Robert Kraft day spa visitNEW: Florida prosecutors will release surveillance tape of Robert Kraft spa visit do we really want to release a video of Robert Kraft releasing? This is gross. Why does this need to be seen, and what’s the justification by those who want to see it? Who cares? People need to mind their business.
Source: YahooNews - 🏆 380. / 59 Read more »

Florida prosecutors will release video of Patriots owner Robert Kraft at massage parlor: ReportFlorida prosecutors said Wednesday that they will release police-obtained videos that allegedly show New England Patriots owner Robert Kraft receiving sexual services for pay at a massage parlor, according to a new report. Add that to the list of videos I never want to watch is it a crime to have massage ? 🤣🤣🤣 pass the eye bleach.
Source: CNBC - 🏆 12. / 72 Read more »

Florida prosecutors say they will release Robert Kraft surveillance video despite court challengeThe prosecutor's office contends that Florida law requires it to provide the video to the public and the media without delay. I’d love to see it only if you run the national anthem on the background and see this douche or his mistress take a knee
Source: washingtonpost - 🏆 95. / 72 Read more »

Florida prosecutors set to release police surveillance video of Patriots owner Robert Kraft inside spaGet breaking national and world news, broadcast video coverage, and exclusive interviews. Find the top news online at ABC news. I don’t want to see an old man getting his weenie sucked, I want the Mueller report.....geez!!! Yuck
Source: ABC - 🏆 471. / 51 Read more »

Prosecutors Move to Release Contested Video of Robert KraftFlorida prosecutors said they plan to release surveillance video showing New England Patriots owner Robert Kraft and other men who allegedly paid for and received sex acts, intensifying a fight over tapes that defense attorneys say were illegally acquired. Justice starts with government revenge porn. Why? What purpose would that serve? why?
Source: WSJ - 🏆 98. / 63 Read more »

Prosecutors plan to release surveillance video in Robert Kraft solicitation caseThe video's release is pending the judge's ruling on April 29 for a protective order for two spa employees who have been charged in the solicitation investigation. No 🙀🤢🤮 If so, he'll step down from NFL.
Source: NBCNews - 🏆 10. / 86 Read more »

Florida officials accused by defense attorneys of peddling alleged Kraft sex tape to the mediaFlorida officials accused by attorneys of peddling footage of Robert Kraft and other men allegedly caught on camera receiving sexual favors at Florida spa. No one wants to see that footage. No one. Nie daj sobie.. Nie wolno im było tego zrobić.. Just get them all sentenced.
Source: ABC - 🏆 471. / 51 Read more »

Robert Kraft's legal team files motion to stop prosecutors' planned release of video in prostitution caseProsecutors say they intend to release video footage that is expected to show the New England Patriots owner Robert Kraft receiving sexual services at a Florida day spa *unzips* 😬😬🤢🤢
Source: CNN - 🏆 4. / 95 Read more »