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Kraft Heinz Weighing Multiple Offers for Hot Dogs-Producer Oscar Mayer

Processed food giant Kraft Heinz is closing in on selling hot dogs-producer Oscar Mayer. According to a report by Reuters, the business, which also produces a wide range of cold cuts, is currently the subject of multiple offers, including ones from Latin America. Brazil’s JBS,...

Kraft Heinz CEO Miguel Patricio to Step Down at the End of 2023

Food giant Kraft Heinz will enter 2024 with a new CEO. The company announced on Monday that Miguel Patricio will step down from his role as a CEO at the end of this year, with Carlos Abrams-Rivera taking over. Patricio, who took over as CEO...