Kraft Heinz Co at Morgan Stanley Global Consumer Conference (Virtual) Transcript
Good morning, everyone. I'm Dara Mohsenian, Morgan Stanley's food, household products and beverage analyst. And I'm pleased to welcome Kraft Heinz to day 2 of Morgan Stanley's Global Consumer & Retail Conference.
Before we begin, I do have to note some disclosures. For important disclosures, please see the Morgan Stanley research disclosure at www.morganstanley.com. If you have any questions, you can reach out to your Morgan Stanley sales representative.
So with that, Kraft has recently announced a large reorganization with broad cultural and strategic changes, including shifting to a platform-based portfolio structure, adopting a more focused -- a bigger innovation focus and also generating incremental productivity to reinvest back behind the business and marketing. So it's a great time to have Carlos Abrams-Rivera here, President of the U.S. Zone, which makes up more than 2/3 of the company's total sales; and Chris Jakubik, Head of Investor Relations.
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