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WASHINGTON - McDonald's said Friday it was dropping ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger King. McDonald's said it was ending a relationship …
AsiaOne · 10/26/2013
When Warren Buffet's Berkshire Hathaway bought Heinz last June, they made Bernardo Hees CEO; previously, Hees had served as CEO of Burger King. McDonald's is apparently not happy about this: they've announced that they're dumping Heinz products …
Boing Boing (blog) · ByCory Doctorow · 10/27/2013
Rightfully, investors are attracted to stocks that pay a dividend and increase it every year. This is especially true in today’s low interest rate environment. Currently, due to historically low valuations, many blue chip companies can be purchased with ...
Seeking Alpha · ByChuck Carnevale · 9/25/2009
Last week, two iconic American brands parted ways: McDonald's and Heinz, which had supplied red goop to the golden arches for 40 years. The reason? Heinz's new private equity owners had installed Bernardo Hees, formerly CEO of Burger King …
North Jersey · 10/29/2013
McDonald's has said it is to stop serving Heinz ketchup in its stores after 40 years. The world's biggest fast-food chain said it would drop the ketchup after Bernardo Hees, the former head of rival Burger King, took over as Heinz's chief executive.
BBC · 10/27/2013
McDonald's is moving to clear Heinz ketchup out of its system. The restaurateur this week confirmed that it has started the process of moving to other ketchup vendors, following the appointment of former Burger King Worldwide CEO Bernardo Hees to run ...
Denver Channel ABC News · 10/27/2013
McDonald's is cutting ties with condiment giant Heinz after management changes there. A former Burger King CEO became head of Heinz in June. Heinz is led by Bernardo Hees, who is also a partner at 3G Capital. 3G teamed up with Warren Buffett's …
KPVI News 6 · 10/28/2013
Profits at Kraft Foods – the massive processed foods conglomerate – have been plunging, forcing the company to accept a mega-merger with another food-packaging giant, Heinz. Sales at McDonald’s – the …
TheSacramento Bee · 8/24/2015
fast food
McDonald's said it was ending a relationship of over 40 years as it axed Heinz from its supplier list. "As a result of recent management changes at Heinz, we have decided to transition our business to other suppliers over time," it said. In February US ...
Times Media Group · 10/28/2013