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Kraft Heinz Co. Announces Departure of Vice President and Principal Accounting Officer

Strategic Insights

— 2 min read

The Kraft Heinz Company filed a Form 8-K with the U.S. Securities and Exchange Commission on July 17, 2025, announcing the departure of Vince Garlati, Vice President and Principal Accounting Officer, effective June 22, 2025. Garlati will remain with the company as Vice President of Corporate Strategic Projects. Chris Asher, currently the Deputy Global Controller, will succeed Garlati as the new Vice President and Principal Accounting Officer. The Human Capital and Compensation Committee approved Asher's new compensation package, including an annual base salary of $400,000 and a target Performance Bonus Plan opportunity of 120% of base salary. Starting in 2026, Asher will be eligible for an annual equity award with a value equal to 50% of his base salary, consisting of 70% performance shares units and 30% restricted stock units.

Key Takeaways:

  • Vince Garlati, Vice President and Principal Accounting Officer, will step down from his role on June 22, 2025.
  • Chris Asher, Deputy Global Controller, will succeed Garlati as Vice President and Principal Accounting Officer.
  • Asher has been working with the company since 2018 and has held various positions, including acting Principal Accounting Officer, Vice President, North America Controller, and Assistant Global Controller.
  • The Human Capital and Compensation Committee approved Asher's new compensation package, including an annual base salary of $400,000 and a target Performance Bonus Plan opportunity of 120% of base salary.
  • Starting in 2026, Asher will be eligible for an annual equity award with a value equal to 50% of his base salary, consisting of 70% performance shares units and 30% restricted stock units.
  • There are no familial relationships between Asher and any director or executive officer of the company, and no transactions between Asher and the company would require disclosure under Item 404(a) of Regulation S-K.

Statistics:

  • Effective date of Garlati's departure: June 22, 2025.
  • Length of time Garlati served as Vice President and Principal Accounting Officer: Not specified.
  • Asher's new annual base salary: $400,000.
  • Asher's target Performance Bonus Plan opportunity: 120% of base salary.
  • Percentage of performance shares units in Asher's annual equity award: 70%.
  • Percentage of restricted stock units in Asher's annual equity award: 30%.
  • Value of Asher's annual equity award: 50% of his base salary.

Sources:

  • United States Securities and Exchange Commission. (2025, July 17). Form 8-K. Retrieved from [https://www.sec.gov/Archives/edgar/data/37482/0001193125-25-192444/khc_f8k0725.htm](https://www.sec.gov/Archives/edgar/data/37482/0001193125-25-192444/khc_f8k0725.htm)

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