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1. www.sec.gov › litigation › litreleasesSEC.gov | Klaus Hofmann

   www.sec.gov › litigation › litreleases

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   Sep 3, 2021 · Klaus Hofmann, former Chief Procurement Officer of Kraft Heinz, is accused of approving and certifying false and misleading supplier contracts that inflated cost savings and financial performance. The SEC alleges that Hofmann and other executives violated securities laws and internal controls, and seeks a penalty and a bar from serving as an officer or director of a public company.

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3. www.scdigest.com › ontarget › 21/09/08_Kraft_HeinzSupply Chain News: Former Kraft Heinz Chief Procurement ...

   www.scdigest.com › ontarget › 21/09/08_Kraft_Heinz

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   Sep 8, 2021 · Klaus Hofmann, chief purchasing officer at food giant Kraft Heinz Corporation before leaving in May 2020, “negligently approved and failed to prevent supplier contracts that masked the true nature of the transactions,” between July 2015 and September 2019, according to a court filing by the US Securities and Exchange Commission last week.

4. en.wikipedia.org › wiki › Klaus_HKlaus H. Hofmann - Wikipedia

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   Klaus H. Hofmann (February 21, 1911 – December 25, 1995) was an American biological chemist and medical researcher. The New York Times called Hofmann an "expert on synthesis of body compounds".

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     Klaus Hoffmann - Wenn du liebst - Live 2004

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     Klaus Hoffmann - Eine Schönheit ist sie nicht - Live 1989

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     Klaus Hoffmann - Adieu Emile - Live 1976

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6. www.cbsnews.com › news › kraft-heinz-settlement-secKraft Heinz misrepresented its financial results for years ...

   www.cbsnews.com › news › kraft-heinz-settlement-sec

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   Sep 3, 2021 · Klaus Hofmann, former chief procurement officer, and Eduardo Pelleissone, former COO, paid penalties for misleading investors with bogus cost savings. The company agreed to pay $62 million and restated its financial results for three years.

7. apnews.com › article › business-284fe45a771e12c9e6e3Kraft, former officials settle SEC charges for $62 million

   apnews.com › article › business-284fe45a771e12c9e6e3

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   Sep 3, 2021 · The SEC alleged that Klaus Hofmann, Kraft’s former chief procurement officer, approved improper contracts. The agency said former Chief Operating Officer Eduardo Pelleissone was given many warning signs that expenses were being manipulated but didn’t address them and instead pressured the procurement division to hit unrealistic savings targets.

8. lawstreetmedia.com › news › agricultureKraft Heinz Company and Former Executives Charged for ...

   lawstreetmedia.com › news › agriculture

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   Sep 7, 2021 · The food and beverage manufacturing company and its former COO Eduardo Pelleissone and Chief Procurement Officer Klaus Hofmann are in trouble with the Securities and Exchange Commission (SEC)...

9. People also ask

   Who is Klaus Hofmann?

   • Klaus Hofmann, chief purchasing officer at food giant Kraft Heinz Corporation before leaving in May 2020, “negligently approved and failed to prevent supplier contracts that masked the true nature of the transactions,” between July 2015 and September 2019, according to a court filing by the US Securities and Exchange Commission last week.

   Supply Chain News: Former Kraft Heinz Chief Procurement Officer Fine…

   www.scdigest.com/ontarget/21-09-08_Kraft_Heinz_Procurement_Scandal.php

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   Did Klaus Hofmann approve improper contracts?

   • The SEC alleged that Klaus Hofmann, Kraft's former chief procurement officer, approved improper contracts. The agency said former Chief Operating Officer Eduardo Pelleissone was given many warning signs that expenses were being manipulated but didn't address them and instead pressured the procurement division to hit unrealistic savings targets.

   Kraft Heinz misrepresented its financial results for years, SEC says

   www.cbsnews.com/news/kraft-heinz-settlement-sec-62-million/

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   What is the Hofmann fine?

   • As a result, Hofmann has agreed to pay a fine of $100,000 over allegations he oversaw inflated cost savings as part of financial misreporting by the company. More specifically, the SEC said Hoffman was responsible for a series of fraudulent transactions with suppliers. According to the UK’s SupplyManagement.com web site, those include:

   Supply Chain News: Former Kraft Heinz Chief Procurement Officer Fine…

   www.scdigest.com/ontarget/21-09-08_Kraft_Heinz_Procurement_Scandal.php

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   Why did Hofmann approve improper supplier contracts?

   • Hofmann approved several improper supplier contracts used to further the misconduct despite numerous warning signs that procurement division employees were circumventing internal controls, and certified the accuracy and completeness of the procurement division's financial statements when the misconduct was occurring.

   SEC.gov | Klaus Hofmann

   www.sec.gov/litigation/litreleases/lr-25195

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10. www.youtube.com › playlistTop Songs - Klaus Hoffmann - YouTube

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