Kraft Heinz Announces Leadership Team Transitions
21 Janeiro 2022 - 6:00PM
Business Wire
Andre Maciel, currently U.S. CFO and Head of
Digital Transformation, moves into Global CFO role; Yang Xu moves
to SVP, Global Head of Corporate Development; Paulo Basilio takes
on strategic advisor role
The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the
“Company”) announced today the appointment of Andre Maciel as
Executive Vice President and Global Chief Financial Officer,
effective March 2, 2022. Maciel will succeed Paulo Basilio, who
will step down on March 1, 2022, as part of a planned transition
and will remain with the Company as a strategic advisor through
August 2022. Basilio remains a partner at 3G Capital. Additionally,
Yang Xu will move to Senior Vice President, Global Head of
Corporate Development. These transitions happen at a moment of
strength for the Company, as Kraft Heinz enters the next phase of
its transformation.
Basilio has been with the Company since 2013, serving two terms
as CFO and in between as the President of the U.S. Zone. The
Company accepted his request to step down from the Global CFO role
on Jan. 19, 2022.
“I have had the tremendous pleasure to work with Paulo since
2019,” said Miguel Patricio, Chief Executive Officer at Kraft
Heinz. “I look back over these years in amazement on everything
that the Company has been able to accomplish. Paulo has been a
critical part of our success. He executed an ambitious acquisitions
and divestitures strategy and debt reduction plan. He drove the
development of the Company’s five-year strategic plan. He oversaw
our return to sustained Organic Net Sales and profitability growth
and the strengthening of our internal controls. I could go on and
on.”
For the next six months, Basilio will continue in an advisory
role at Kraft Heinz, supporting Maciel during his transition.
“One of Paulo’s greatest accomplishments was in developing key
talent within the Finance team, including Andre Maciel, the
individual I selected to be his successor,” continued Patricio.
“Andre’s combination of business and finance experience makes him a
trusted leader. His most recent work on digital transformation sets
the foundation for our Company’s future. I look forward to his
partnership in building on our momentum and continuing our focus on
long-term profitable growth.”
Maciel has been with Kraft Heinz since 2013 and has held several
leadership roles, including VP of Global Financial Planning and
Analysis for the H.J. Heinz Company. He was also Managing Director
of Continental Europe responsible for the Kraft Heinz business in
Austria, France, Germany, Italy, Portugal, Spain, and Switzerland,
and his current position of SVP, U.S. CFO and Head of Digital
Transformation. Maciel holds a bachelor’s degree in Industrial
Engineering from Universidade de São Paulo as well as an MBA from
INSEAD.
Additionally, Yang Xu, currently Global Head of Treasury and
M&A, will move to SVP, Global Head of Corporate Development,
joining the Executive Leadership Team reporting directly to
Patricio. The move is effective March 2, 2022.
Xu has been with Kraft Heinz since 2018 in various finance
leadership positions and is based in Amsterdam. Prior to Kraft
Heinz, she served as Senior Director, Corporate Treasury & Risk
Management, USA at the Whirlpool Corporation as well as Director of
M&A Integration, Sales and Marketing at Whirlpool China. Xu
also worked as an M&A Analyst at GE Healthcare, EMEA. Xu holds
an MBA in Management from HEC Paris and London Business School.
“It has been an honor to serve Kraft Heinz during the last nine
years and a privilege to work alongside our leadership team,” said
Basilio. “I am proud of the strong Finance team we have built and
am confident in the leadership and expertise Andre and Yang bring
to continue our journey to deliver the next leg of our
transformation.”
ABOUT THE KRAFT HEINZ COMPANY
We are driving transformation at The Kraft Heinz Company
(Nasdaq: KHC), inspired by our Purpose, Let's Make Life Delicious.
Consumers are at the center of everything we do. With 2020 net
sales of approximately $26 billion, we are committed to growing our
iconic and emerging food and beverage brands on a global scale. We
leverage our scale and agility to unleash the full power of Kraft
Heinz across a portfolio of six consumer-driven product platforms.
As global citizens, we're dedicated to making a sustainable,
ethical impact while helping feed the world in healthy, responsible
ways. Learn more about our journey by visiting
www.kraftheinzcompany.com or following us on LinkedIn and
Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20220121005463/en/
Alex Abraham (Corporate media) alex.abraham@kraftheinz.com
Christopher Jakubik, CFA (Investors) ir@kraftheinz.com
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