Kraft Heinz Management
Management criteria checks 3/4
Kraft Heinz's CEO is Carlos Abrams-Rivera, appointed in Dec 2023, has a tenure of less than a year. total yearly compensation is $8.70M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth CHF10.27M. The average tenure of the management team and the board of directors is 3.3 years and 3 years respectively.
Key information
Carlos Abrams-Rivera
Chief executive officer
US$8.7m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | less than a year |
| CEO ownership | 0.03% |
| Management average tenure | 3.3yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$1b |
| Jun 29 2024 | n/a | n/a | US$2b |
| Mar 30 2024 | n/a | n/a | US$3b |
| Dec 30 2023 | n/a | n/a | US$3b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jul 01 2023 | n/a | n/a | US$3b |
| Apr 01 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$10m | US$800k | US$2b |
| Sep 24 2022 | n/a | n/a | US$1b |
| Jun 25 2022 | n/a | n/a | US$2b |
| Mar 26 2022 | n/a | n/a | US$1b |
| Dec 25 2021 | US$8m | US$800k | US$1b |
| Sep 25 2021 | n/a | n/a | US$2b |
| Jun 26 2021 | n/a | n/a | US$2b |
| Mar 27 2021 | n/a | n/a | US$541m |
| Dec 26 2020 | US$15m | US$723k | US$356m |
Compensation vs Market: Carlos's total compensation ($USD8.70M) is above average for companies of similar size in the Swiss market ($USD4.76M).
Compensation vs Earnings: Carlos's compensation has been consistent with company performance over the past year.
CEO
Carlos Abrams-Rivera (56 yo)
less than a year
Tenure
US$8,701,381
Compensation
Mr. Carlos A. Abrams-Rivera served as an Executive Vice President & President of North America at The Kraft Heinz Company since December 2021 until December 2023. He serves as Chief Executive Officer and D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$8.70m | 0.030% CHF 10.3m | |
| Executive VP & Global CFO | 2.7yrs | US$6.28m | 0.016% CHF 5.5m | |
| Executive VP & Zone President of International Markets | 8.1yrs | US$6.90m | 0.028% CHF 9.6m | |
| Acting Principal Accounting Officer & Deputy Global Controller | less than a year | no data | 0.0028% CHF 970.7k | |
| VP & Global Head of Investor Relations | no data | no data | no data | |
| Senior VP & Chief Communications Officer | 3.3yrs | no data | 0.00028% CHF 97.1k | |
| Vice President of Sales | no data | no data | no data | |
| Executive VP & Global Chief People Officer | 8.8yrs | no data | 0.017% CHF 5.9m | |
| Executive Vice President of Operations | 9.8yrs | US$2.64m | no data | |
| UK & Ireland Managing Director | 10.1yrs | no data | no data | |
| VP, Principal Accounting Officer & Global Controller (Leave of Absence) | less than a year | no data | 0.0031% CHF 1.1m | |
| Executive Vice President of Integrated Supply Chain | no data | no data | no data |
3.3yrs
Average Tenure
50yo
Average Age
Experienced Management: KHC's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$8.70m | 0.030% CHF 10.3m | |
| Independent Vice Chairman | 9.3yrs | US$235.01k | 0.016% CHF 5.4m | |
| Independent Lead Director | 9.3yrs | US$280.01k | 0.00084% CHF 291.2k | |
| Independent Director | 2.5yrs | US$235.01k | 0.000050% CHF 17.3k | |
| Non-Executive Chair of the Board | 3.5yrs | US$11.36m | 0.11% CHF 38.8m | |
| Independent Director | 1.5yrs | US$125.01k | 0.00090% CHF 312.0k | |
| Independent Director | 4.8yrs | US$248.14k | no data | |
| Independent Director | 3.5yrs | US$235.01k | no data | |
| Independent Director | 4.5yrs | US$235.03k | 0.0074% CHF 2.6m | |
| Independent Director | 2yrs | US$235.01k | 0.00068% CHF 235.7k | |
| Director | less than a year | no data | no data | |
| Independent Director | 2.5yrs | US$235.01k | no data |
3.0yrs
Average Tenure
57.5yo
Average Age
Experienced Board: KHC's board of directors are considered experienced (3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/12 09:46 |
| End of Day Share Price | 2024/08/15 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Kraft Heinz Company is covered by 43 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Andrew Lazar | Barclays |