Kraft Heinz Replaces Finance Chief

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Kraft Heinz Replaces Finance Chief
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Kraft Heinz replaced its chief financial officer with his predecessor after accounting errors and weak sales have undermined the value of its brands and shares

Kraft Heinz Co. replaced its chief financial officer with his predecessor after accounting errors and weak sales at the food giant have undermined the value of its brands and shares.

The Chicago-based company said on Monday that finance chief David Knopf, 31 years old, will return to 3G Capital, the private-equity firm that worked with Warren Buffett’s Berkshire Hathaway Inc. to create Kraft Heinz through a merger in 2015.

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