Deals
Buffett to Retire From Kraft Heinz Board
- Billionaire investor will step down at the end of his term
- Anheuser-Busch InBev director Van Damme will fill vacancy
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Warren Buffett, the billionaire who helped assemble food-and-beverage giant Kraft Heinz Co., will retire from its board as he cuts down on travel commitments.
Buffett, 87, will step down at the end of his term, Kraft Heinz said Friday in a statement. The company will nominate Alexandre Van Damme to fill the vacancy. Buffett’s firm, Berkshire Hathaway Inc., is still represented on the board by Tracy Britt Cool and Greg Abel.