Research Desk Line-up: Lifeway Foods Post Earnings Coverage

LONDON, UK / ACCESSWIRE / September 11, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for The Kraft Heinz Co. (NASDAQ: KHC) ("Kraft Heinz"), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=KHC. The Company announced on September 8, 2017 that David Knopf, 29, currently serving as Vice President and Category Head of the Planters business, will be the new Chief Financial Officer (CFO) and Executive Vice President. For immediate access to our complimentary reports, including today's coverage, register for free now at:

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Discover more of our free reports coverage from other companies within the Food - Major Diversified industry. Pro-TD has currently selected Lifeway Foods, Inc. (NASDAQ: LWAY) for due-diligence and potential coverage as the Company reported on August 14, 2017 its financial results for Q2 which ended on June 30, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on Lifeway Foods when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on KHC; also brushing on LWAY. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=KHC
http://protraderdaily.com/optin/?symbol=LWAY

The Company also announced the appointment of Paulo Basilio, 42, currently Executive Vice President and CFO of Kraft Heinz, as Zone President of the United States business. Kraft Heinz's Chief Operating Officer (COO), George Zoghbi, will transition to the role of Strategic Adviser. The changes will be effective on October 1, 2017.

Professional Achievements of David Knopf

David Knopf has been working with Kraft Heinz since July 2015, initially serving as Vice President of Finance, Head of Global Budget & Business Planning, Zero-Based Budgeting, and Financial & Strategic Planning. His responsibilities included overseeing the Planters Nuts brand and heading global budget and business planning, as well as zero-based budgeting.

From 2013 to 2015, David held various roles at 3G Capital, Inc., the private equity firm, where he worked on several large acquisitions, including both Burger King and Heinz before joining Kraft Heinz. Previously, he held positions at Onex Partners and Goldman Sachs. He has also been a partner of 3G Capital since 2015. David attended Princeton University from 2006 to 2010.

Professional Achievements of Paulo Basilio

Paulo Basilio joined Kraft Heinz as CFO in 2013 and has been a partner of 3G Capital since July 2012. He also served as the Chief Executive Officer (CEO) of America Latina Logistica (ALL) from 2010 to 2012 and as its COO, CFO, Commercial Officer, and Analyst. Paulo holds a bachelor's degree in Economics from Universidade de Brasilia and a M.Sc. in Economics from EPGE/Fundacao Getulio Vargas (FGV).

Kraft Heinz Added Feroz Dewan to Board of Directors in 2016

News release suggests that on October 21, 2016, Kraft Heinz elected Feroz Dewan to its Board of Directors. The Company selected Feroz because of his deep financial acumen, his passion for technology, and his strong belief in growing a better world. Feroz is the CEO of Arena Holdings Management, a global investment business. He holds a Bachelor's degree in Engineering with a Certificate in Applied Mathematics from Princeton University.

About The Kraft Heinz Co.

Kraft Heinz is the third-largest food and beverage Company in North America and the fifth-largest food and beverage Company in the world, with eight $1 billion+ brands. A globally trusted producer of delicious foods, Kraft Heinz provides high quality, great taste, and nutrition for all eating occasions whether at home, in restaurants, or on the go.

Last Close Stock Review

At the close of trading session on Friday, September 8, 2017, Kraft Heinz's stock price slightly rose 0.32% to end the day at $81.72. A total volume of 3.60 million shares were exchanged during the session, which was above the 3-month average volume of 3.09 million shares. The Company's shares are trading at a PE ratio of 26.15 and have a dividend yield of 3.06%. At Friday's closing price, the stock's net capitalization stands at $101.01 billion.

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SOURCE: Pro-Trader Daily