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 CHF10.66M. The average tenure of the management team and the board of directors is 3.2 years and 3.3 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 | 3.2yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD4.73M).
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% $ 10.7m | |
| Executive VP & Global CFO | 2.5yrs | US$6.28m | 0.016% $ 5.7m | |
| Executive VP & Zone President of International Markets | 7.9yrs | US$6.90m | 0.028% $ 9.9m | |
| Acting Principal Accounting Officer & Deputy Global Controller | less than a year | no data | 0.0028% $ 1.0m | |
| VP & Global Head of Investor Relations | no data | no data | no data | |
| Senior VP & Chief Communications Officer | 3.2yrs | no data | 0.00028% $ 100.8k | |
| Vice President of Sales | no data | no data | no data | |
| Executive VP & Global Chief People Officer | 8.7yrs | no data | 0.017% $ 6.1m | |
| Executive Vice President of Operations | 9.7yrs | US$2.64m | no data | |
| UK & Ireland Managing Director | 9.9yrs | no data | no data | |
| VP, Principal Accounting Officer & Global Controller (Leave of Absence) | less than a year | no data | 0.0031% $ 1.1m | |
| Executive Vice President of Integrated Supply Chain | no data | no data | no data |
3.2yrs
Average Tenure
50yo
Average Age
Experienced Management: KHC's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$8.70m | 0.030% $ 10.7m | |
| Independent Vice Chairman | 9.2yrs | US$235.01k | 0.016% $ 5.6m | |
| Independent Lead Director | 9.2yrs | US$280.01k | 0.00084% $ 302.3k | |
| Independent Director | 2.3yrs | US$235.01k | 0.000050% $ 18.0k | |
| Non-Executive Chair of the Board | 3.3yrs | US$11.36m | 0.11% $ 40.3m | |
| Independent Director | 1.3yrs | US$125.01k | 0.00090% $ 323.9k | |
| Independent Director | 4.7yrs | US$248.14k | no data | |
| Independent Director | 3.3yrs | US$235.01k | no data | |
| Independent Director | 4.3yrs | US$235.03k | 0.0074% $ 2.7m | |
| Independent Director | 1.8yrs | US$235.01k | 0.00068% $ 244.7k | |
| Independent Director | 2.3yrs | US$235.01k | no data |
3.3yrs
Average Tenure
58yo
Average Age
Experienced Board: KHC's board of directors are considered experienced (3.3 years average tenure).