In 2023, Miguel Patricio earned $5.09M in total compensation at The Kraft Heinz Company, including $1.10M salary and $3.37M bonus. Most recently acquired 8,307 shares in May 2024. Currently holds stock worth $23.78M. Has donated $58.24M in stock to charitable causes. Led The Kraft Heinz Company as CEO for 4 years.
Compensation History
Annual executive compensation data for Miguel Patricio, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$5.09M
Salary
$1.10M
Bonus
$3.37M
Other
$626.48K
Salary
$1.10MBoard Justification
The compensation program is designed to attract, engage, and incentivize highly skilled and performance-oriented talent, aligning the interests of employees with those of stockholders, with a focus on performance-based and at-risk compensation.
Bonus
$3.37MBoard Justification
Annual cash incentive payouts under the Performance Bonus Plan were based on achievement of ambitious financial performance goals, market share, or risk management excellence, and individual achievement of strategic, ESG, and employee engagement objectives. Payouts to our NEOs were 102% to 107% of targeted amounts.
Other Compensation
$626.48KBoard Justification
Includes matching contributions to Kraft Heinz 401(k), DEUs accrued on all dividend eligible RSUs, insurance coverage, and commuting expenses.
Restricted Stock
Board Justification
No stock grants were vested in 2023 as the amounts reported in the Summary Compensation Table include stock awards that were granted but not yet vested.
Performance Metrics
Performance metrics for the bonus included financial performance goals, market share, risk management excellence, and individual strategic objectives.
Miguel Patricio
Ex-CEO of The Kraft Heinz Company
Education
MBA from the University of São Paulo
Field of Expertise
Sales & Marketing - Marketing
Sector of Economy
Consumer Defensive
Born
January 1, 1967 - 58 years ago
CEO of The Kraft Heinz Company for
4 years 6 months (Jul 2019 - Jan 2024)
Previous Experience
Chief of Special Global Projects-Marketing at Anheuser-Busch InBev
Holdings
Track Miguel Patricio's stock holdings and portfolio value over time.
Total Stock Sold
$27.93M
$27.93M
651,416 KHC shares
What if they kept their stock?
If Miguel Patricio didn't sell their stock, today they would have:
Extra KHC651,416 shares worth $15.86M.
This is -43.23% and $12.08M less than what they got when they sold the stock.
Charitable Transactions
2,392,716 shares
KHC
Recent Charitable Transactions
144,930 shares
KHC
Mar 14, 2025
Charity
864,279 shares
KHC
May 16, 2024
Charity
1,383,507 shares
KHC
May 16, 2022
Charity
Insider Trading
Miguel Patricio's recent stock transactions, purchases, and sales filed with the SEC.
144,930 shares
KHC
Mar 14, 2025
Charity
144,930 shares
KHC
Mar 14, 2025
Charity
864,279 shares
KHC
May 16, 2024
Charity
864,279 shares
KHC
May 16, 2024
Charity
$305.03K
KHC at $36.72/share
May 2, 2024
Received
$5.00M
KHC at $38.02/share
Jan 2, 2024
Sale
$1.25M
KHC at $12.80/share
Mar 1, 2023
Received
1,383,507 shares
KHC
May 16, 2022
Charity
1,383,507 shares
KHC
May 16, 2022
Charity
$11.51M
KHC at $44.28/share
May 16, 2022
Sale
Rivals
Compare Miguel Patricio with competitor CEOs and industry peers.
Dirk Van de Put
CEO of Mondelez International
2023 Compensation
Stock
$23.62M
Salary
$1.55M
Bonus
$4.42M
Other
$923.66K
Total Holdings
$286.88M
Sean Connolly
CEO of Conagra Brands
2023 Compensation
Stock
$0.00
Salary
$1.38M
Bonus
$0.00
Other
$563.38K
Total Holdings
$3.85M
Russell Diez-Canseco
CEO of Vital Farms
2023 Compensation
Stock
$0.00
Salary
$686.54K
Bonus
$560.01K
Other
$18.63K
Total Holdings
$8.81M
Jeffrey L. Harmening
CEO of General Mills
2023 Compensation
Stock
$8.90M
Salary
$1.33M
Bonus
$0.00
Other
$164.16K
Total Holdings
$477.61K