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Kraft Heinz Board Member Tracy Britt Cool Resigning From Board,

On January 23, 2020, the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”) elected Timothy Kenesey as a member of the Board and appointed him to serve on the Compensation

Benzinga · 01/24/2020 21:21

On January 23, 2020, the Board of Directors (the “Board”) of The Kraft Heinz Company (the “Company”) elected Timothy Kenesey as a member of the Board and appointed him to serve on the Compensation Committee, effective immediately. Mr. Kenesey was not selected pursuant to any arrangement or understanding between him and any other persons. There are no transactions between Mr. Kenesey and the Company that would be reportable under Item 404(a) of Regulation S-K.

 

Mr. Kenesey is President and Chief Executive Officer of Berkshire Hathaway’s MedPro Group, the nation’s largest healthcare liability insurance company, where he has served since 2001. Mr. Kenesey has also served as the Chairman of Fechheimer Brothers, a Berkshire Hathaway public safety uniform and apparel company, since 2007, and the chairman of other smaller Berkshire Hathaway insurance subsidiaries.

Mr. Kenesey will be compensated according to the Company’s compensation program for non-employee directors as described in the Company’s proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on August 2, 2019.

 

Further to the Company’s Current Report on Form 8-K filed on September 18, 2019, Tracy Britt Cool is resigning from the Board, effectively immediately.