Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (13089)	4/7/2004 2:21:42 PM
From: Glenn Petersen	Respond to of 81568

Heinz actually issued a press release distancing themselves from Kerry and his wife. biz.yahoo.com H.J. Heinz Company Confirms Its Widely Held Public Ownership And Non-Partisan Status Monday March 22, 4:13 pm ET PITTSBURGH--(BUSINESS WIRE)--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 - News). 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 non-partisan 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. 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® Ketchup, the world's favorite ketchup. Information on Heinz is available at www.heinz.com/news. Contact: H.J. Heinz Company Media: Ted Smyth, 412-456-5780 Debbie Foster, 412-456-5778 Jack Kennedy, 412-456-5923 Investors: Jack Runkel, 412-456-6034 Source: H.J. Heinz Company