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The Wharton Club of Western Pennsylvania - Mike Milone Promoted at Heinz

Mike Milone Promoted at Heinz
written by Alexandra, 6/13/08 9:03pm
edited by warren, 3/2/09 2:47pm

International Executive Responsible for Infant/Nutrition Category

H. J. Heinz Company (NYSE:HNZ) announced on June12, 2008 that Wharton graduate, Mike Milone, 51, Senior Vice President of Heinz’s Rest of World business and head of the Company’s Global Enterprise Risk Management, will also assume the additional responsibility of leading the expansion of the Heinz’s global Infant/Nutrition category. This will include the identification and application of technology to transform scientific advances into new growth opportunities. Mike will continue to have responsibility for Latin America and three additional markets which are expected to achieve $100 million status for Heinz: Mexico, South Africa, and the Middle East.  

“Mike has been an outstanding leader for Heinz over the past 28 years,” said William R. Johnson, Heinz's President, Chairman and CEO. “He has a proven track record across many Heinz businesses, most recently delivering double-digit sales and earnings growth in his region. I expect him to bring the same effective approach to our global infant/nutrition businesses which have been the fastest growing category for Heinz over the past two years, increasing at a compound annual growth rate of 13.3 percent. We have two powerful infant/nutrition brands that enjoy leadership positions in seven markets around the world.”  Mike joined Heinz in 1980 as an Assistant Product Manager for Heinz USA. He has held various roles including Senior Product Manager - Heinz Ketchup and Vice President of Heinz Pet Products Marketing. Mike became a Senior Vice President in 2000.  Mike holds a B.A. degree from Colgate University and an M.B.A. degree from the University of Pennsylvania, Wharton Graduate Division.  





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