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The Kraft Heinz Company announced that Warren Buffett, will retire from the company’s board of directors following the end of his term at the upcoming Kraft Heinz 2018 annual meeting of stockholders. Mr. Buffett decided to retire from the board as he decreases his travel commitments. The company also announced that the board of directors intends to nominate Alexandre Van Damme to stand for election at its 2018 annual meeting to fill Buffett’s vacancy.
