The Kraft Heinz Co., headquartered in Pittsburgh, manufactures and markets food and beverage products with 36,000 employees. It operates in North America and internationally, offering brands like Heinz, Kraft, and Oscar Mayer.
KHC has been in the news recently: Markets fell sharply after Amazon-owned Ring's Super Bowl ad backfired, with the Dow down over 600 points and major tech stocks plunging. Berkshire Hathaway, which owns a 27.5% stake in Kraft Heinz valued at about $8.1 billion, publicly backed CEO Steve Cahillane for pausing the company's planned split.
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