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Kraft Heinz names 3G Capital partner David Knopf as CFO: Reuters

Heinz ketchup maker Kraft Heinz Co said on Friday 3G Capital partner David Knopf would replace Paulo Basilio as its chief financial officer, starting in October.

Kraft Heinz, backed by billionaire investor Warren Buffett and private equity firm 3G Capital, also said Basilio would become president of its U.S. business, while Chief Operating Officer George Zoghbi will transition to a strategic adviser role.

Knopf, 29, currently the vice president and category head of Kraft Heinz’s Planters nuts business, has worked with 3G Capital on mergers involving companies such as Burger King and H.J. Heinz Co.