Dive Summary:
- Current Burger King CEO Bernardo Hees is expected to become CEO of Heinz after the recent acquisition by 3G Capital and Berkshire Hathaway for $23 billion.
- Hees has been CEO of Burger King since September 2010, instituting expansive cost cutting programs after 3G bought the chain.
- The current Heinz CEO, Bill Johnson, is expected to remain with the company in a different role.
From the article:
Hees, who became CEO at Burger King in September 2010, began an aggressive cost-cutting program shortly after 3G bought the chain, axing about half of the 600 jobs at its Miami HQ.
Alex Behring, Managing Partner at 3G Capital said, "Bernardo is a proven executive with an unparalleled track
record of delivering results."