No. of Recommendations: 6
Kraft Heinz today also announced that Berkshire Hathaway Inc. (together with its affiliates, “Berkshire Hathaway”) has informed the Company that, consistent with its other non-controlled investments, it will no longer hold Board seats on Kraft Heinz. As such, Timothy Kenesey and Alicia Knapp have stepped down from the Board due to their relationship with Berkshire Hathaway. With these changes, Kraft Heinz has reduced the size of its Board to 10 members.
Mr. Kenesey’s and Ms. Knapp’s decisions are not the result of any disagreement with management or the Board related to the Company’s operations, policies or practices.
https://www.businesswire.com/news/home/20250520339...I had never heard of either. This is what their position and responsibilities in BH are:
Timothy Kenesey
• Position: President & CEO of MedPro Group, a Berkshire Hathaway company, since 2001.
• Responsibilities: Leads MedPro Group, the nation’s leading provider of healthcare liability insurance and risk solutions. Also serves as a director for other Berkshire Hathaway subsidiaries, including Fechheimer and CHP. Additionally, he is an independent director on the board of Kraft Heinz since 2020.
Alicia Knapp
• Position: President & CEO of BHE Renewables, a wholly owned subsidiary of Berkshire Hathaway Energy.
• Responsibilities: Oversees the development and management of renewable energy projects (solar, wind, geothermal, natural gas, and hydroelectric) for both wholesale markets and long-term power purchase agreements. She also serves on the board of directors for The Kraft Heinz Company
