Kraft Heinz has recalled a former chief financial officer back into that role in the wake of accounting irregularities that have roiled the company.
Paulo Basilio served as CFO of H.J. Heinz before the 2015 merger with Kraft Foods, and continued in that position in the merged company until 2017. He is now being reinstalled as CFO, replacing David Knopf, who will return to 3G Capital, Kraft Heinz’s parent company. Basilio has worked at Kraft Heinz continuously since stepping down as CFO, as president of U.S. commercial business and as chief business planning and development officer.
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