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Kraft Heinz Board Of Directors Nominates Fouché And Patricio

Lori Dickerson Fouché and Kraft Heinz CEO Miguel Patricio

The Kraft Heinz Co. Board of Directors has nominated Lori Dickerson Fouché and Kraft Heinz CEO Miguel Patricio to be elected as directors at the upcoming Kraft Heinz 2021 Annual Meeting of Stockholders. The Pittsburgh, Pennsylvania-based company also announced that George Zoghbi will not seek re-election at the annual meeting.

Fouché has been nominated to fill Zoghbi’s vacancy and Patricio has been nominated to fill Jorge Paulo Lemann’s vacancy.

“The board is delighted to nominate Lori Dickerson Fouché, the former senior EVP and CEO of financial solutions at Teachers Insurance and Annuity Association of America,” said Alex Behring, chairman of the board of directors. “Her well-regarded leadership at this Fortune 100 firm – where she most recently served as senior EVP and advisor to TIAA’s CEO – and extensive financial services experience will be especially valuable to the board. We are also thrilled to nominate Miguel Patricio to the board of directors, which has full confidence in him, the robust global turnaround he is driving and the enterprise strategy he has put in place at Kraft Heinz. Finally, I would like to thank George Zoghbi for his many valuable contributions to the board over the past three years.”

Fouché has financial experience that ranges from banking to insurance to annuities and wealth management. She has earned a reputation as a strategic leader who knows what it takes operationally to drive revenue growth, increase profitability and strengthen customer focus. Before joining TIAA, she held various executive roles at Prudential Financial, was president and CEO of Fireman’s Fund Insurance Co., held various senior roles with Fireman’s Fund and Chubb & Son and was a principal at The Parthenon Group LLC, a strategy consulting firm.

She also served on the board of trustees of her alma mater, Princeton University, from 2015 to 2019. She has been named one of Fortune Magazine’s “Most Powerful Women,” one of the “Top 100 Insurance Industry Game Changers” by the Council of Insurance Agents and Brokers and one of the “Top 300 Black Business Executives and Top 50 Black Women” by Black Enterprise Magazine.

Patricio has served as CEO at Kraft Heinz since June 2019. He previously served as chief marketing officer at Anheuser-Busch InBev. Prior to this role, Patricio served in various executive capacities for AB InBev and its predecessor Companhia de Bebidas das Americas S.A., including as AB InBev’s Zone President Asia Pacific, Zone President North America, VP marketing of North America and VP marketing.

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