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• Kings Food Markets and Balducci’s Food Lover’s Market announced a series of headquarters moves…

Karen Roche, Senior Director in the company’s Marketing Department, has been promoted to Vice President, Marketing.

Don Morris - who the company describes as being “an accomplished storyteller versed in all media” who “has launched and rebranded companies, designed three film festivals and numerous events, helped start-up restaurants, redesigned and launched many high- profile magazines, launched and rebranded websites, launched products, art directed books, and created successful marketing campaigns” - joins the company as Senior Creative Director.

Laura Wallace, formerly a Marketing Director at Food Network and Cooking Channel, has been promoted to Director of Marketing.

CNBC reports that “Kraft Heinz CEO Bernardo Hees will step down on June 30, marking the embattled company’s most significant executive shakeup since its formation four years ago. Hees … will be replaced by Miguel Patricio, who worked for two decades at beer giant Anheuser-Busch InBev, including as chief marketing officer from 2012 through last year.”

The story notes that “Hees leaves at a critical time for Kraft Heinz, which is struggling to boost sales in the slow-growing food industry and facing questions from investors about the business model created by its second-largest shareholder, private equity firm 3G Capital, which focuses heavily on cutting costs, sometimes at the expense of brand investment.”
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