29 Year-Old CFO of Kraft Heinz

The $100 billion food empire has decided to entrust the financial direction of the firm in the hands of a 29-year-old. David Knopf has worked at Kraft since 2015 and is a partner at 3G Capital. Prior to Kraft and 3G he worked at Goldman Sachs and Onex. He will become one of the youngest CFOs in the history of the fortune 500. I am curious to hear your thoughts on this bold move by one of America's most established firms.

The article can be found here

Comments (21)

Sep 11, 2017

Crazy, but good for him. Reminds me of Burger Kings Daniel Schwartz. I think they were both at 3G Cap also.

Mar 3, 2019

Whats the deal with 3g capital? What drove the decision to hire this guy?

Sep 11, 2017

good for him.

Sep 11, 2017

A company that large has access to some of the best finance talent in the world. Congrats to him for earning that role.

Sep 11, 2017

If he has the skills why not? The guy has a pretty solid resume according tot he 3G website.

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Sep 11, 2017

Fuckin boss status. What am I doing with my life?

    • 4
Sep 12, 2017

Exact thoughts, What am I doing with my life too?

Sep 29, 2017

Bakery is a very respectable profession.

Absolute truths don't exist... celebrated opinions do.

    • 4
Sep 12, 2017

Historical man!

Sep 12, 2017

If you read 3G's philosophy, it's a bare-bone, cut every unnecessary penny, cheapen all products mentality.
Upon the takeover of BKW, one of the senior management complained at the generous size of the Whopper, etc.

Great for shareholders/investors, not so great for consumers.
As such, I've stopped frequenting Burger King, Tim Hortons, and Popeyes Louisiana Kitchen.
Plenty of alternatives.

It's no surprise Unilever rejected their takeoffer attempt.

    • 3
Sep 29, 2017

He was also in Forbes 30 Under 30: a truly brilliant finance mind.

Best Response
Sep 29, 2017

WSO:

"What are the exit ops of being Kraft CFO? Is BB IB possible?"

    • 20
Sep 29, 2017

Hahahaha I lost it.

Sep 29, 2017

If you look around LinkedIn, there are other younger gents with very high-level positions at Kraft. Just an observation - they are usually Brazilian names, so I assume they have some tie to 3G. I thought I read somewhere that they want younger people in those roles for experience/exposure.

Mar 3, 2019

You're saying they place them there and then bring them back to 3g after they acquire experience?

Sep 29, 2017

That would be speculating. It was just an observation.

Feb 22, 2019

Reviving this thread in light of recent news. I wonder how much this guy aged in a year.

    • 3
Feb 22, 2019

He's now 45 and twice divorced.

Feb 22, 2019

That sounds about right

Feb 23, 2019
Comment
Mar 3, 2019