Kraft Heinz (KHC) announces two new members to its board of directors
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Kraft Heinz appointed Kelly Dilts, Nordstrom's chief financial officer, and Mike Schlotman, Kroger's former CFO of nearly 20 years, to its board as independent directors effective Nov. 4, 2026, the company disclosed in an SEC Form 8-K. The additions bring retail finance, grocery operations and customer-channel expertise as CEO Steve Cahillane pursues a turnaround aimed at sharpening brand focus and improving profitability at the roughly $25 billion-in-sales food company. Dilts spent six years at Dollar General, most recently as CFO, while Schlotman helped shape cost-efficiency, digital and analytics initiatives at Kroger and previously served on Kellanova's board until its December 2025 acquisition by Mars. The appointments expand board oversight of the transformation strategy under Chairman John T. Cahill. Investors will watch whether the new directors' retail and financial backgrounds translate into faster margin recovery and clearer capital allocation priorities.
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Named in this story
Kraft Heinz (KHC), J. Michael Schlotman, Kelly Dilts, Kroger, Dollar General, Nordstrom
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