A Buffett-Less Kraft Heinz (KHC) May Become More Hostile

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Kraft Heinz Announces Retirement of Warren Buffett from Board of Directors

February 23, 2018 5:00 PM EST

Alexandre Van Damme Nominated to Stand for Election

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (NASDAQ: KHC) (Kraft Heinz) announced today that Warren Buffett, will retire from the Companys Board of Directors following the end of his term at the upcoming Kraft Heinz 2018 Annual Meeting of Stockholders. Mr. Buffett decided to retire from the Board as he decreases his travel commitments. The Company also announced that the Board of Directors intends to nominate Alexandre Van Damme to... More