Sundar PichaiSundar Pichai earned $164M in 2023
T

Bernardo Hees

Ex-CEO of The Kraft Heinz Company

Education

MBA from the University of São Paulo

Field of Expertise

Business & Management

Born

January 1, 1976 - 49 years ago

Economy Sector

Consumer Defensive

Tenure

3 years 11 months (Jul 2015 - Jun 2019)

Previous Experience

CEO of Burger King and Partner at 3G Capital

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,...

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.