Miguel Patricio has seen fluctuations in his holdings and wealth tied to Kraft Heinz's performance over the years. In 2019, he began with a vested stock as part of his total compensation, giving him a stake in the company's success....
Miguel Patricio has seen fluctuations in his holdings and wealth tied to Kraft Heinz's performance over the years. In 2019, he began with a vested stock as part of his total compensation, giving him a stake in the company's success. By 2021, his holdings peaked at around $68.57 million, showcasing significant growth. However, by 2023, this amount fluctuated as Kraft Heinz stock shifted, reflecting broader market trends. The highest recorded value of his holdings stood at about $110.96 million in May 2022. Currently, as of early 2024, his holdings now show a more modest value of approximately $56 million, indicating the volatility of the consumer goods sector. His long-term commitment is evident through mandatory stock purchases that align his interests with those of shareholders, maintaining a powerful connection between his wealth and the company's performance.