Kraft Heinz to combine U.S. and Canada businesses to form North America zone
Dec. 10, 2021
Source Kraft Heinz Co.
Kraft Heinz Co. announced this week it will combine the company's U.S. and Canada businesses to create a North America zone, expected to be in effect in the second fiscal quarter of 2022.
The food company said the move is meant to advance its long-term, sustainable growth plans first outlined at its investor day event in September 2020. The company’s U.S. and Canada businesses accounted for about 80% of its 2020 consolidated net sales.
Key points
- New structure is expected to take effect at the beginning of the second fiscal quarter of 2022.
- Carlos Abrams-Rivera, current U.S. zone president, will lead the newly formed North America zone.
- Robert Scott joins Kraft Heinz as president of research and development, North America, as part of structural changes.
- Bruno Keller, Canada zone president, will become president of the Latin America zone.