www.heinz.com/jsp/presidential_statement.pdfH. J. Heinz Company Confirms Its Widely Held Public Ownership And Non-Partisan Status
Pittsburgh, PA, March 22, 2004 - In light of some misleading speculation, the H. J. Heinz Company would like to make clear that neither Mrs. Teresa Heinz Kerry, Senator John Kerry nor any member of their family is involved in the management or board of the H. J. Heinz Company (NYSE:HNZ). They have no involvement in the Heinz® Ketchup business or any of the company’s other brands or products.
The H. J. Heinz Company, in accordance with its corporate governance policies, is a nonpartisan organization. Neither Mrs. Heinz Kerry nor Senator Kerry nor any of the Heinz trusts or endowments either individually or collectively holds a significant percentage of shares of the H. J. Heinz Company. In 1995 the Heinz Endowments and family trusts sold a large percentage of Heinz shares in a secondary share offering to diversify their holdings. As a result, their current holdings are under 4 percent.
There is no connection between any philanthropic programs of the H. J. Heinz Company and its Foundation and the Heinz family interests (including the Howard Heinz Endowment, the Vira Heinz Endowment, and the Heinz Family Philanthropies).
Currently, 60% of the sales of the H. J. Heinz Company are outside the United States and to accommodate those customers by providing facilities closer to those markets, the company maintains a number of overseas facilities that provide products for consumers in those markets. This allows Heinz to pack the freshest ingredients, tailor its recipes to local tastes and deliver the final products in a timely and efficient manner. In the United States, Heinz makes its flagship ketchup in factories in Fremont, Ohio; Muscatine, Iowa; and Stockton, California.
NOTES TO EDITORS:
• H. J. Heinz Company was founded in 1869 by Henry John Heinz, a native
of the Pittsburgh area. For 135 years, the Heinz Company has stood for
pure foods and great taste. It remains headquartered in Pittsburgh,
Pennsylvania. Today, its Chairman, President and CEO is William R.
Johnson.
• The last Heinz family member to be involved in management with the
company was H. J. "Jack" Heinz II, who served as the company’s
chairman until his death in 1987. Since that time, no family member has
been employed by the company and none has served on its board of
directors.
• The late Senator H. John Heinz III (Pennsylvania - Republican) did work
briefly in the 1960s in the company’s marketing department before
embarking upon his career in politics. He was tragically killed in a
helicopter accident in 1991.
• It has long been the Heinz Company’s policy to refrain from commenting
on presidential campaigns. The company does not communicate
consumer comments to any candidates.
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ABOUT HEINZ: H.J. Heinz Company is one of the world’s leading producers and marketers
of branded foods in ketchup, condiments, sauces, meals, soups, seafood, snacks and infant
foods. Heinz is a global family of leading brands, including Heinz® Ketchup, sauces, soups,
beans, pasta and infant foods (representing nearly one-third of total sales), Ore-Ida® french
fries, Boston Market® and Smart Ones® meals and Plasmon® baby food. Heinz’s 50
companies have number-one or number-two brands in 200 countries, showcased by Heinz®<br>Ketchup, the world’s favorite ketchup. Information on Heinz is available at
www.heinz.com/news.
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