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Kraft Heinz information


The Kraft Heinz Company
Company typePublic
Traded as
  • Nasdaq: KHC
  • Nasdaq-100 component
  • S&P 100 component
  • S&P 500 component
IndustryFood
FoundedJuly 2, 2015; 8 years ago (2015-07-02)
Headquarters
Chicago, Illinois and Pittsburgh, Pennsylvania
,
U.S.
Area served
Worldwide
Key people
  • Miguel Patricio (chairman)
  • Carlos Abrams-Rivera (CEO)
  • Andre Maciel (CFO)
Products
  • Beverages
  • Convenience foods
  • Snack foods
  • Foodservice
RevenueIncrease US$26.64 billion (2023)
Operating income
Increase US$4.572 billion (2023)
Net income
Increase US$2.846 billion (2023)
Total assetsDecrease US$90.34 billion (2023)
Total equityIncrease US$49.67 billion (2023)
Owners
  • Berkshire Hathaway (26.5%)[2]
Number of employees
c. 36,000 (2023)
Divisions
  • Kraft Foods
  • H.J. Heinz Company
Websitekraftheinzcompany.com
Footnotes / references
[3]

The Kraft Heinz Company (KHC), commonly known as Kraft Heinz (/ˈkræft ˈhnz/), is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh.[4][5] Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with over $26.0 billion in annual sales as of 2021.[6][7]

In addition to Kraft and Heinz, over 20 other brands are part of the company's profile including Boca Burger, Gevalia, Grey Poupon, Oscar Mayer, Philadelphia Cream Cheese, Primal Kitchen, and Wattie's, eight of which have total individual sales of over $1 billion.[8] Kraft Heinz ranked 114th in the 2018 Fortune 500 list of the largest United States corporations based on 2017 total revenue.[9]

  1. ^ "Kraft Heinz will slim down to fit into new Aon Center HQ space". Crain's Chicago Business. July 16, 2015. Retrieved April 26, 2020.
  2. ^ "Why Kraft Heinz Is Warren Buffett's Worst Bet". YouTube. Retrieved April 16, 2024.
  3. ^ "SEC Form 10-K". U.S. Securities and Exchange Commission. February 15, 2024.
  4. ^ "The Kraft Heinz Company – Locations". www.kraftheinzcompany.com. Retrieved April 26, 2020.
  5. ^ "Kraft Heinz headquarters to move to Chicago". Chicago Tribune.
  6. ^ "The Kraft Heinz Company". www.kraftheinzcompany.com. Retrieved February 11, 2021.
  7. ^ "Form 8-K". Kraft Heinz Company. U.S. Securities and Exchange Commission. Retrieved February 11, 2021.
  8. ^ "The Kraft Heinz Company". www.kraftheinzcompany.com. Archived from the original on June 8, 2019. Retrieved June 26, 2019.
  9. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Archived from the original on November 10, 2018. Retrieved November 10, 2018.

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bacon, ham, and Lunchables products. The company is a subsidiary of the Kraft Heinz Company and based in Chicago, Illinois. German immigrant Oscar F. Mayer...

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manufactured by Kraft Heinz and sold throughout the United States and Canada. It is also sold by Mondelēz International (formerly also Kraft Foods) as "Miracel...

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cream cheese worldwide, first produced in 1872 and currently owned by Kraft Heinz and Mondelez International. Despite its name, Philadelphia Cream Cheese...

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Lunchables is an American brand of food and snacks manufactured by Kraft Heinz in Chicago, Illinois, and marketed under the Oscar Mayer brand. They were...

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Paulo Basilio

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Araujo Basilio (born 1974 or 1975) is the chief financial officer of the Kraft Heinz Corporation. Basilio earned a bachelor's degree in economics from Universidade...

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Acrisure Stadium

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intentional reference to Heinz 57. Despite Heinz later announcing its acquisition of Kraft Foods Group to form Kraft Heinz Company in 2015, the stadium's...

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health-enhancing, real-food pantry staples.” Paulo Basilio, the president of Kraft-Heinz said in an interview. In 2023, Ana Goettsch started a campaign in hopes...

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Bonox

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Australia, currently owned by Bega Cheese after it acquired the brand from Kraft Heinz in 2017. It is primarily a drink but can also be used as stock in cooking...

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decaffeinated varieties. Sanka is distributed in the United States by Kraft Heinz. Decaffeinated coffee was developed in 1903 by a team of researchers...

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