Sundar PichaiSundar Pichai earned $164M in 2023

Carlos Abrams-Rivera is the CEO of The Kraft Heinz Company, taking the reins in January 2024 after a steady climb through various leadership roles within the company. Born in 1967, Carlos has a rich history in the food and beverage...

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Carlos Abrams-Rivera

CEO of The Kraft Heinz Company

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1967 - 58 years ago

CEO of The Kraft Heinz Company for

1 year 7 months (Aug 2023 - Present)

Previous Experience

Executive Vice President and President, North America Zone for Kraft Heinz

Holdings

See how much did Carlos Abrams-Rivera make over time.

Carlos Abrams-Rivera has seen significant changes in his stock holdings tied to Kraft Heinz. Back in December 2021, his stock holdings peaked at around $25 million, but they have since fluctuated notably. As of October 2023, his holdings stood at...

Insider Trading

See recent insider trades of Carlos Abrams-Rivera.

KHC

$976.29K

KHC at $6.14/share

Mar 1, 2025

Received

KHC

$1.11M

KHC at $7.03/share

Mar 1, 2024

Received

KHC

$914.39K

KHC at $12.80/share

Mar 1, 2023

Received

KHC

185 shares

KHC

Jun 24, 2022

Received

KHC

$1.38M

KHC at $7.74/share

Aug 16, 2021

Received

KHC

$842.69K

KHC at $9.27/share

Mar 1, 2021

Received

KHC

32,874 shares

KHC

Jun 1, 2020

Received

KHC

191,792 shares

KHC

Mar 2, 2020

Received

Compensation History

See how much did Carlos Abrams-Rivera make over time.

In 2023, Carlos Abrams-Rivera's compensation package totaled approximately $8.7 million, drawing attention for its focus on performance metrics. He received a base salary of $800,000, along with a performance bonus of about $2.26 million, which is based on financial goals set under the company's Performance Bonus Plan. Additionally, he was awarded nearly $4.7 million in stock from vested restricted stock units, underlining the alignment of his rewards with the company's success. Other benefits, which included contributions to retirement plans and insurance, accounted for around $488,000. This structure is designed to motivate leaders to meet long-term strategic goals, ensuring they work towards enhancing shareholder value. Overall, his compensation highlights a strong focus on performance and results, which is crucial for driving the company forward in a competitive landscape.

Year

2023

Total Compensation

$8.26M

Salary

$800.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with long-term company performance and shareholder interests, with a focus on attracting and retaining top talent.

Bonus

$2.26M

Board Justification

The bonus is based on the Performance Bonus Plan (PBP) and reflects achievement against financial performance goals for 2023, paid in cash in the first quarter of 2024.

Other

$488.03K

Board Justification

Other compensation includes contributions to retirement plans, insurance coverage, and relocation expenses.

Restricted Stock

$4.71M(122.12K RSU)

Board Justification

The vested stock includes shares from Matching RSUs, PSUs, and RSUs that vested in 2023, reflecting the performance metrics achieved during the year.

Performance Metrics

The performance metrics for 2023 included financial performance goals related to the Performance Bonus Plan, which were tied to the company's overall performance and individual contributions.

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