Kraft Heinz Appoints Two New Independent Directors to Board

Overview

On November 4, 2026, The Kraft Heinz Company ($KHC) submitted a Current Report on Form 8-K under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers) and Item 7.01 (Regulation FD Disclosure).

On October 31, 2026, the Board of Directors appointed Kelly M. Dilts and J. Michael Schlotman as new independent directors, effective November 4, 2026.

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Appointee Backgrounds

• Kelly M. Dilts: Currently serves as Chief Financial Officer of Nordstrom, Inc. She previously served as Executive Vice President and Chief Financial Officer at Dollar General Corporation, bringing over 30 years of retail finance, procurement, margin planning, and investor relations experience.
• J. Michael (Mike) Schlotman: Spent over 30 years at The Kroger Co., serving nearly 20 years as Chief Financial Officer. He also previously served on the Board of Directors of Kellanova prior to its acquisition by Mars, Incorporated.

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Governance and Compensation Terms

• Arrangements/Related Party Transactions: Neither appointee was selected pursuant to any arrangement or understanding with any other person, and there are no reportable transactions under Item 404(a) of Regulation S-K.
• Compensation: Both directors will be compensated under the company's standard non-employee director compensation program as detailed in Kraft Heinz's 2026 proxy statement.

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Market and Trading Assessment

• Trading Significance: Low.
• This filing represents a routine governance addition expanding financial and retail operational expertise across Kraft Heinz's Board of Directors. No equity sales, acquisitions, or sudden executive departures accompanied this disclosure.