- H.J. Heinz Co.'s new board lineup was made public in an Securities and Exchange Commission filing released Tuesday.
- According to the filing, the new board consists of Gregory Abel, 51; Alexandre Behring, 46; Tracy Britt, 28; Warren E. Buffett, 82; Jorge Paulo Lemann, 74; and Marcel Herrmann Telles, 63.
- The filing also detailed the new ownership structure for Heinz, which has Berkshire Hathaway Inc. and Buffett owning 52.32% of the company (521.2 million shares) and 3G Special Situations Fund III LP owning the rest.
Berkshire Hathaway and 3G Capital (3G Special Situations' general partner) organized the $28 billion deal that took Heinz private earlier this year, and the new board reflects that deal with Abel, Britt and Buffett representing Berkshire Hathaway's interests and Behring, Lemann and Telles representing 3G. This week's news follows recent reports that the company would cut 600 jobs in the U.S. and Canada as it restructures.