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Bernardo Hees is a notable figure who served as the CEO of The Kraft Heinz Company, a major player in the global food industry, from July 2015 until June 2019. He holds an MBA from the University of São Paulo,...

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Bernardo Hees

Ex-CEO of The Kraft Heinz Company

Education

MBA from the University of São Paulo

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1976 - 49 years ago

CEO of The Kraft Heinz Company for

3 years 11 months (Jul 2015 - Jun 2019)

Previous Experience

CEO of Burger King and Partner at 3G Capital

Holdings

See how much did Bernardo Hees make over time.

Throughout his time at Kraft Heinz, Bernardo Hees had varying levels of wealth tied up in company stock. Upon his exit, his holdings advanced significantly, peaking at over $11 million in early 2021 before settling down to approximately $6 million...

Mar 18, 2025

Insider Trading

See recent insider trades of Bernardo Hees.

BG

$1.31K

BG at $100.95/share

Sep 2, 2024

Received

BG

$1.29K

BG at $107.37/share

Jun 3, 2024

Received

BG

1,947 shares

BG

May 15, 2024

Received

BG

$1.50K

BG at $93.68/share

Mar 1, 2024

Received

BG

$1.43K

BG at $109.69/share

Dec 1, 2023

Received

BG

$1.38K

BG at $114.94/share

Sep 1, 2023

Received

BG

$1.38K

BG at $92.13/share

Jun 2, 2023

Received

BG

2,229 shares

BG

May 11, 2023

Received

BG

$1.16K

BG at $96.44/share

Mar 2, 2023

Received

BG

$1.16K

BG at $96.50/share

Dec 2, 2022

Received

Compensation History

See how much did Bernardo Hees make over time.

Bernardo Hees’ compensation at Kraft Heinz reflects the challenging landscape he navigated as CEO. In 2019, Hees' total compensation was $2,833,442. This included a base salary of $536,538 and a significant performance-based bonus of $1,084,000 based on company metrics, which displayed his alignment with investor interests. In 2018, his earnings dropped to roughly $2.1 million due to underperformance, illustrating the high stakes of executive compensation linked to company success. Each of these figures captures the pressures and expectations of leading a high-profile firm in the competitive food sector.

Year

2019

Total Compensation

$2.83M

Salary

$536.54K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with the company's financial performance and stockholder interests.

Bonus

$1.08M

Board Justification

The bonus was based on performance metrics related to Kraft Heinz’s financial performance and Mr. Hees’ individual performance objectives, calculated at 85% of target.

Other

$1.21M

Board Justification

This includes accrued vacation paid out pursuant to his separation agreement, as well as other compensation elements such as relocation expenses and tax support.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2019 as Mr. Hees separated from the company in June 2019.

Performance Metrics

Performance metrics included Adjusted Net Income and NSV, with a focus on achieving financial targets.

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