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May 03, 2015 5:48 PM ET

Food Products

Company Overview of H. J. Heinz Corporation II

Company Overview

H. J. Heinz Corporation II manufactures and sells various food products to consumers, and foodservice and institutional customers in North America, Europe, the Asia/Pacific, Latin America, the Russian Federation, India, the Middle East, and Africa. Its principal products include ketchup, condiments and sauces, frozen food products, soups, beans and pasta meals, infant nutrition products, and other food products, as well as frozen potatoes, entrées, snacks, and appetizers. The company offers its products under the Heinz, Classico, Jack Daniel’s, Wyler’s, Heinz Bell ’Orto, Chef Francisco, Ore-Ida, Bagel Bites, Weight Watchers Smart Ones, Poppers, T.G.I. Friday’s, Delimex, Escalon, PPI, Nancy’s...

One PPG Place

Pittsburgh, PA 15222

United States

Founded in 1869

24,500 Employees



Key Executives for H. J. Heinz Corporation II

Chief Executive Officer and Member of Corporate Governance Committee
Age: 44
Chief Financial Officer and Member of Corporate Governance Committee
Age: 39
Executive Vice President of Operations
Age: 40
Zone President of Heinz Europe
Age: 43
Zone President of Heinz Russia, Turkey, & Middle East & Africa
Compensation as of Fiscal Year 2014.

H. J. Heinz Corporation II Key Developments

Heinz Launches New, Better-Tasting Yellow Mustard

Heinz is launching a new, better-tasting yellow mustard than it’s ever offered before at retailers nationwide for the first time. Heinz will unveil a 360 advertising campaign, “Ketchup’s Got a New Mustard”, touting Heinz Ketchup’s new main squeeze: Heinz’ New Yellow Mustard. Using 100% natural ingredients, including stone-ground mustard seeds and a secret blend of spices and vinegar, Heinz’ new yellow mustard recipe delivers a perfect balance of flavor and tang. The national launch of this new recipe is being supported by a campaign to drive unparalleled awareness within the mustard category. Heinz Yellow Mustard is available in 8oz, 14oz, and 20oz upside-down squeeze bottles at retailers nationwide, including Walmart and Target locations, for a suggested retail price starting at $1.69.

H.J. Heinz Co Reports Earnings Results for the Year 2014

H.J. Heinz Co reported earnings results for the year 2014. For the period, the company posted a much stronger profit reporting $657 million in net income compared to $18 million a year earlier when the Pittsburgh food company changed hands and incurred hefty restructuring costs. Overall sales dropped from $11.44 billion in 2013 to $10.92 billion last year, driven by a number of factors including currency exchange rates and fewer sales.

H.J. Heinz Company Intends to Offer $2,000 Million in Aggregate Principal Amount of Second Lien Senior Secured Notes Due 2025

H.J. Heinz Company announced that it intends, subject to market conditions, to offer $2,000 million in aggregate principal amount of second lien senior secured notes due 2025. The net proceeds of the offering will be used to repay a portion of Heinz’s existing term loans as well as transaction fees and expenses. The Notes and the related guarantees will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States pursuant to Regulation S under the Securities Act. The Notes and the related guarantees will not be and have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

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