3G Capital KraftHeinz Interview
Hey all, I have an interview coming up with KraftHeinz for their corporate management trainee program. This program is a new pet project of CEO Bernardo Hees, and part of the interview is a 1 on 1 meeting/interview with Bernardo.
All I know about 3G is what I've read in the papers...intense meritocracy, obsessive about cutting costs, etc. Does anyone have any other experience with 3G they can lend? Anything I can use in the meeting would be much appreciated.
Are you sure you want to work for a company that reuses toilet paper (wink, wink)? Although I don't have any experience working with a 3G portfolio company, I wouldn't touch any of them with a 10 foot pole.
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Check out the Glassdoor reviews of 3G portfolio companies. It's a horror show.
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I have, and have taken then with a grain of salt. Those reviews are about as predictable as "Advice to management: Listen to ALL employees!!" Obviously people who have been at Kraft or Heinz for many years will bitch about new owners cutting costs; I think it would be different coming in with as part of a program sponsored by the CEO. Maybe it's HR blowing smoke, but it seems like this program would make me a more of a 3G guy rather than a kraft/heinz guy.
I understand it would not be the easiest work environment, but I think it would be interesting to be on the inside to see how a well respected PE firm merges two multinational corporations. How they identify redundancies, how they handle push back from current managers, etc.. It's only a 6 month rotation, at the end of which you're placed in a division FT, or if it's as miserable a work environment as glassdoor says I can get out and leverage my 6 months there to get a job somewhere with free coffee and more vacation days.
Disclaimer: I love The Profit on MSNBC and think the operational side of PE is pretty interesting. Maybe I'm leaning too heavily on that.
If you're hired by KraftHeinz you're a KraftHeinz guy, not a 3G guy. I also know several people who moved to AB InBev when they were hiring like crazy (mostly because of a massive exodus after the merger). They all knew the pitch of "intense meritocracy" etc. They say that the company promises huge bonuses but that the targets required to get them are impossible (as in $0 were paid out 3 of 4 years) and that the overall work environment is miserable.
As for reviews on Glassdoor, yes some of them will be from disgruntled employees. However, with any company that has 100s of reviews the ratings will be relatively accurate. There's a reason Google has 4+ stars and Heinz has less than 3.
I'm close to someone who works at Kraft...I would be interested to hear the BS they throw your way in the interview.
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That's like saying I would work for Berkshire Hathaway but not for a company that is owns. 3G places their key people throughout their companies and moves them accordingly.
Edit
I'm in a similar situation as the OP and I would love to hear why you would never work for a 3G company? Is it based on your experience with that executive?
I have honestly no idea. That post is 3 years old.
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