Kraft Heinz Company (Nasdaq: KHC) has announced the appointment of three new members to its Board of Directors, effective Oct. 22, 2025. L. Kevin Cox, Mary Lou Kelley, and Tony Palmer bring significant expertise in consumer-focused industries and organizational transformation to the board, as the company prepares to separate into two industry-leading companies.
L. Kevin Cox, a highly regarded Human Resources leader, has joined the board, bringing valuable experience leading large-scale, complex change at some of the world’s largest corporations. Mary Lou Kelley, with exceptional retail, e-commerce, and brand marketing leadership experience, has also been appointed to the board. Tony Palmer, with broad-based consumer packaged goods experience and a record of accelerating growth and profitability at leading consumer brands, rounds out the new appointments.
Kraft Heinz, with 2024 net sales of approximately $26 billion, is committed to growing its iconic and emerging food and beverage brands on a global scale. As the company focuses on driving performance within its existing business, while simultaneously preparing for the separation into two independent, publicly traded companies, the new board members are expected to complement the broad, deep, and diverse experience of the existing directors.
The company's net sales for the last period were approximately $26 billion, and it leverages its scale and agility across a portfolio of eight consumer-driven product platforms. Kraft Heinz is dedicated to making a sustainable, ethical impact while helping feed the world in healthy, responsible ways. The market has reacted to these announcements by moving the company's shares -0.51% to a price of $25.58. For the full picture, make sure to review Kraft Heinz Co's 8-K report.
