01—Abstract
Summary
Summary of the 8-K filed June 18, 2026. Cited figures are marked; the original filing is the authoritative source.
The Kraft Heinz Company filed a Form 8-K dated June 12, 2026 (reported June 18, 2026) under Item 5.02, which covers departures of certain officers.
The company announced that Cory Onell, Executive Vice President and Chief Omnichannel Sales and Asia Emerging Markets Officer, will step down from his role effective June 30, 2026, to pursue other opportunities. Under the transition terms stated in the filing, Mr. Onell will remain with the Company as an advisor through March 15, 2027. He will be entitled to severance payments under the Company's Amended and Restated Severance Pay Plan for Salaried Employees, as well as a prorated annual bonus for fiscal year 2026.
The filing does not disclose a successor, financial results, or any change to the Company's financial outlook. Its primary significance for investors is a senior executive departure in the commercial and Asia emerging markets leadership roles, with the advisory arrangement and severance terms providing some continuity through the transition.
02—Key points
Key Highlights
- Cory Onell, EVP and Chief Omnichannel Sales and Asia Emerging Markets Officer, will step down effective June 30, 2026, to pursue other opportunities.
- Mr. Onell will remain with the Company as an advisor through March 15, 2027.
- Mr. Onell will receive severance payments under the Amended and Restated Severance Pay Plan for Salaried Employees.
- Mr. Onell will receive a prorated annual bonus for fiscal year 2026.
- The departure affects the company's omnichannel sales and Asia emerging markets leadership.
- The filing was signed by Angel Willis, EVP, Global General Counsel and Corporate Affairs Officer, on June 18, 2026.
- The filing does not name a successor or disclose financial results.
03—Questions
Frequently Asked Questions
Who is leaving Kraft Heinz and when?
Cory Onell, Executive Vice President and Chief Omnichannel Sales and Asia Emerging Markets Officer, will step down from his role effective June 30, 2026.
Why is the executive departing?
The filing states that Mr. Onell is stepping down to pursue other opportunities.
Will Mr. Onell remain connected to the company after leaving his role?
Yes. He will remain with the Company as an advisor through March 15, 2027.
What compensation will Mr. Onell receive in connection with his departure?
He will be entitled to severance payments under the Company's Amended and Restated Severance Pay Plan for Salaried Employees, as well as a prorated annual bonus for fiscal year 2026.
Does this filing include any financial results or guidance changes?
No. The filing addresses only the officer departure and its associated transition terms under Item 5.02.
04—Continue