Kraft Heinz Company @ 2023-08-15

News Title: Kraft Heinz picks new CEO as sales slump in the face of higher prices
Description: Current Kraft Heinz CEO Miguel Patricio will stay on as chair of the board after stepping down.
News Sentiment: 0.05770202020202019 (Slightly Positive)

The Kraft Heinz Company

Sector: Consumer Defensive

Industry: Packaged Foods

Full Time Employees: 37000


Long Business Summary:

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company also offers spices and other seasonings. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience, value, and club stores; pharmacies and drug stores; mass merchants; foodservice distributors; institutions, including hotels, restaurants, bakeries, hospitals, health care facilities, and government agencies; and online through various e-commerce platforms and retailers. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 1869 and is based in Pittsburgh, Pennsylvania.

Basic Chart

Kraft Heinz Company
Kraft Heinz Company

Technical Chart

Kraft Heinz Company
Kraft Heinz Company

Suggested Currency Pair: USD/EUR

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