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Top related persons:
Carlos Abrams - 6 Rivera - 6 Kraft Heinz - 5 Abrams - 2 — - 1 Rachel Rothman - 1 Abrams Rivera - 1 Warren Buffett - 1
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San Diego Berkshire Lactalis North American U.S New York California
Top related orgs:
Kraft - 4 North - 3 Kraft Heinz - 2 Research - 1 Service - 1 Wall Street - 1 Centers for Disease Control - 1 3G - 1

Search resuls for: "Carlos Abrams"


9 mentions found


☆ Kraft Heinz's CEO has a clean-eating lifestyle at odds with all that processed food — but he insists it shares his health mission
  + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com   time to read: +3 min
Kraft Heinz CEO Carlos Abrams-Rivera's healthy lifestyle seems at odds with his company's processed products. Food giant Kraft Heinz is aiming to offer customers healthier products and improve the nutritional value of some of its staple items, such as ketchup, he said. Research has linked the consumption of ultra-processed foods to increased risk of health issues, the BMJ medical journal has said. AdvertisementAbrams Rivera told The Journal that the processing of many of Kraft Heinz's products was necessary to supply a growing population, however. Nevertheless, the CEO said he remained committed to cutting sodium and sugar from Kraft Heinz's products, per The Journal.
Persons: Kraft Heinz, Carlos Abrams, Abrams, Rivera, —, Rachel Rothman, Abrams Rivera Organizations: Research, Service, Kraft, Wall Street, Centers for Disease Control Locations: San Diego
☆ 3G Capital quietly exited its Kraft Heinz investment last year
  + stars: | 2024-04-09 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +3 min
They had continued to be an investor and were treated as we do any investor," Kraft Heinz said in a statement to CNBC. "We did learn from their recent filing that 3G exited the Kraft Heinz stock entirely in 2023." Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. Kraft Heinz sought to drive inorganic growth through a takeover bid for Unilever, but the Popsicle owner rejected its offer. In 2022, it distributed about 7% of Kraft Heinz to investors in its fund, which reportedly included tennis star Roger Federer.
Persons: Kraft Heinz, Warren Buffett, 3G's, Heinz, Buffett, Jorge Paulo Lemann, Alexandre Behring, Joao Castro, Neves, Roger Federer, Carlos Abrams, Rivera, he's Organizations: 3G, CNBC, Kraft, 3G Capital, Kraft Foods, Heinz, Busch InBev, Burger King, Big, Unilever, Securities and Exchange, Berkshire, InBev, Planters Locations: Berkshire, Lactalis
☆ Kraft Heinz CEO: Our emerging markets are growing double digits
  + stars: | 2024-02-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKraft Heinz CEO: Our emerging markets are growing double digitsKraft Heinz CEO Carlos Abrams-Rivera joins 'Money Movers' to discuss the company's quarterly earnings results, whether the North American consumer will trace prices to the downside, and more.
Persons: Kraft Heinz, Carlos Abrams, Rivera Organizations: Kraft Heinz, North Locations: North American
☆ Kraft Heinz's Carlos Abrams-Rivera on the consumer, Taylor Swift-inspired sauce
  + stars: | 2023-11-03 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKraft Heinz's Carlos Abrams-Rivera on the consumer, Taylor Swift-inspired sauceKraft Heinz Incoming CEO Carlos Abrams-Rivera speaks with CNBC's Becky Quick about what he's seeing from consumers, new product based on Taylor Swift, and more.
Persons: Kraft Heinz's Carlos Abrams, Rivera, Taylor Swift, Carlos Abrams, Becky Quick Organizations: Kraft Heinz
☆ Bank of America's top stock ideas for the 4th quarter
  + stars: | 2023-10-02 | by ( Brian Evans | ) www.cnbc.com   time to read: +6 min
Here's what stocks Bank of America is watching for the quarter ahead. Here's what stocks Bank of America is watching for the quarter ahead. Stock Chart Icon Stock chart icon Boeing stock. Stock Chart Icon Stock chart icon CSX Corp stock. Stock Chart Icon Stock chart icon Kraft Heinz stock has declined more than 17% so far in 2023.
Persons: Ronald Epstein, Dave Calhoun, Joseph Hinrichs, Ken Hoexter, Kraft Heinz, Carlos Abrams, Rivera, Bryan Spillane, — CNBC's Michael Bloom, Eduardo Munoz Organizations: of America, Nasdaq, Dow Jones, Bank of America, BofA Securities, Aerospace, Boeing, CSX, Bank of America's, CSX Corp, 3Q, North, Kraft, View, Getty Images Bank of America, Bank of, Bank of America Securities Aerospace behemoth Boeing Locations: U.S, New York
☆ Kraft Heinz Names Carlos Abrams-Rivera as Next CEO
  + stars: | 2023-08-14 | by ( Jesse Newman | Colin Kellaher | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/kraft-heinz-names-carlos-abrams-rivera-as-next-ceo-ec02d5e7
Persons: Dow Jones, abrams, rivera, ec02d5e7 Organizations: kraft, heinz
☆ Kraft Heinz picks new CEO as sales slump in the face of higher prices
  + stars: | 2023-08-14 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
Kraft Heinz 's North American president will become CEO of the food giant next year, the company announced Monday. Carlos Abrams-Rivera will take the reins Jan. 1 from Miguel Patricio, who has led Kraft Heinz since 2019. Kraft Heinz shares have fallen 15% this year, dragging its market value down to $42.2 billion. "Since joining Kraft Heinz in 2020, [Carlos] has consistently delivered strong results in the North American retail and Away From Home businesses," Patricio said in a statement. Ahead of the CEO transition Jan. 1, Abrams-Rivera will become president of Kraft Heinz, adding new responsibilities to his current role.
Persons: Kraft Heinz, Carlos Abrams, Rivera, Miguel Patricio, Patricio, Oscar Mayer, Maxwell, Abrams, Campbell, Carlos Organizations: Kraft, Cream, North Locations: California
☆ Kraft wants to remake the TV dinner
  + stars: | 2023-05-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +6 min
On Wednesday, Kraft Heinz officially introduced Homebake 425°/:30, the company’s new line of frozen meals. Kraft HeinzFor Kraft, the new brand is part of an effort to increase the company’s net sales by $2 billion through 2027. As part of its earlier turnaround efforts, Kraft Heinz has been trying to reinvigorate decades-old brands like Velveeta and Oscar Mayer. In that time, frozen food prices jumped 16.3%, well above recent annual trends for grocery prices as a whole. In 2020, Kraft Heinz announced that it was divesting its natural cheese business.
☆ Lunchables are going to be rolled out directly to students. Here’s what’s in them
  + stars: | 2023-03-13 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +7 min
New CNN —Kraft Heinz has succeeded in getting its ready-to-eat packaged Lunchables into school lunch programs starting this fall, in a major new initiative. The USDA referred CNNBusiness to Kraft Heinz for further details about the cost and nutritional content of its Lunchables for schools. Kraft Heinz declined to provide additional details about the cost and other nutritional content, including sodium and saturated fat content. School food nutrition guidelines getting stricterKraft-Heinz says that Lunchables will minimize school "labor needs and costs" in its promotional materials. “As school nutrition guidelines get increasingly complex, we’ve seen companies leaving the K-12 segment, said Pratt-Heavner.
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