Kraft Heinz is tapping a 29-year-old to be chief financial officer, among other leadership changes announced Friday.
David Knopf, who also will serve as executive vice president, will replace Paulo Basilio as CFO effective Oct. 1. Basilio, 42, will be bumped up to zone president of the company's U.S. business. These changes at the top come as Kraft Heinz continues to try to grow its top-line sales, in addition to cutting costs and increasing profits, even as it's widely expected to pursue a major acquisition.
In Basilio's new role, he'll be "responsible for all facets of our U.S. business," the company said in a release Friday.
Knopf's promotion to CFO at...