The Kraft Heinz CompanyKHC
± MixedCapitalrelevance
Executive departure with severance and advisory role; no successor named, impact unclear.
Impact on stocks 1
Consumer Staples
The Kraft Heinz CompanyKraft Heinz announced that Cory Onell will step down as Executive Vice President and Chief Omnichannel Sales and Asia Emerging Markets Officer effective June 30, 2026. He will remain in an advisory role through March 15, 2027 to support the transition. Onell will receive severance benefits under the company's Amended and Restated Severance Pay Plan for Salaried Employees and a prorated annual bonus for fiscal 2026. The company said he is leaving to pursue other opportunities and did not name a successor.
The Kraft Heinz CompanyExecutive departure with severance and advisory role; no successor named, impact unclear.