Kraft Heinz shuffles leadership

PITTSBURGH and CHICAGO — Kraft Heinz on Friday announced changes to its upper management, effective Oct. 1. The company has named current EVP and CFO Paulo Basilio to the position of zone president for its United States business. Succeeding Basilio as EVP and CFO will be David Knopf, currently VP and category head of the Planters business.

The company’s current COO of the U.S. business, George Zoghbi, will move into a strategic advisor role, the company said. He will work with the Kraft Heinz board, CEO Bernardo Hees and Basilio.

In his new role, Basilio, who joined the company in June 2013 as CFO, will oversee all aspects of the U.S. business. Knopf joined the company in June 2015 in connection with of the Kraft Foods-H.J. Heinz merger, initially serving as VP finance, head of global budget and business planning, zero-based budgeting and financial and strategic planning. He had previously worked at 3G Capital, where he worked on several acquisitions.