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Kraft Heinz: names head for global operations

(CercleFinance.com) - Troubled US food giant Kraft Heinz has announced the appointment of AB InBev's Flavio Torres as its head of global operations, in charge of manufacturing, logistics and quality.

Torres most recently served as global operations vice-president of brewing company AB InBev from 2017 to 2019 and as supply chain vice-president at Ambev, an AB InBev unit, from 2014 to 2016.

Torres' package includes an annual base salary of 455,000 dollars and annual incentive target opportunity of 175% of his base salary, Kraft Heinz said.

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