The Kraft Heinz Company has added to its leadership, welcoming the CEO of global investment business Arena Holdings Management, Feroz Dewan, to its Board of Directors.
Dewan brings a wide spectrum of knowledge and experience to the position. Prior to his executive position with Arena Holdings, the new director served in a series of positions with investment firm Tiger Global Management from 2003 to 2015. Aside from extensive financial and leadership roles, Dewan holds a Bachelor's degree in Engineering with a Certificate in Applied mathematics from Princeton University.
"We selected Feroz because we value his deep financial acumen, his passion for technology, and his strong belief in growing a better world," said Alex Behring, Chairman of the Board of Directors, in a press release. "These are the same qualities we value on our Board and within The Kraft Heinz Company. We welcome Feroz and look forward to gaining from his innovative and global perspective. I am confident that he will be a positive addition to our Board and to Kraft Heinz."
The company has made a number of strategic moves in the last year, most recently the investment of $114 million expansion for its Columbia, MO plant as the company looks to modernize and grow. Deli Market News will continue to report relevant moves as they are made by this and other companies in the industry.