Kraft Heinz Brings Back Former CFO Amid Accounting Issues, Weak Sales

CHICAGO (AP) — Kraft Heinz Co. is bringing back its former chief financial officer amid accounting problems and falling sales.
Paulo Basilio, 44, joined H.J. Heinz as CFO in 2013 and remained in the job after the company’s 2015 merger with Kraft. He most recently served as Kraft Heinz’s chief business development officer.
He replaces David Knopf, 31, who will return to Brazilian private equity firm 3G Capital. 3G and investor Warren Buffet engineered the Kraft Heinz merger in 2