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Patricio, 55, joined Kraft’s board in March last year and has previously served as the marketing head of Budweiser maker Anheuser-Busch InBev.
“We look forward to working with Miguel as Chair,” Berkshire Hathaway (NYSE:BRKa)’s Greg Abel said in a statement. The Warren Buffett-led company is Kraft Heinz’s largest shareholder, according to Refinitiv data.
Kraft Heinz also said that it had nominated James Park, who co-founded Fitbit (NYSE:FIT) Inc, as a board member.
The packaged food company sailed past market estimates for quarterly earnings earlier this week as it benefited from higher prices.
