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Kraft Heinz Exec to Run Reynolds Unit -- Market Talk
DOW JONES & COMPANY, INC. 7:58 AM ET 10/19/2016
Symbol Last Price Change
KHC 87.63down -1.3 (-1.46%)
QUOTES AS OF 10:15:52 AM ET 10/19/2016
7:58 ET - Reynolds (RAI) has again looked outside the tobacco company and brought on an executive from another consumer-goods player to lead its biggest tobacco subsidiary. Two years after bringing on former Pepsi (PEP) executive Debra Crew as president of RJ Reynolds Tobacco, Kraft Heinz's(KHC)Joseph Fragnito will fill that post as Crew gets promoted to RAI CEO. He headed the beverages-and-snack-nuts unit, where he worked on brands like Planters and Capri Sun. ([e-mail])


(END) Dow Jones Newswires
10-19-160758ET
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