The investment firm buying Burger King has named Bernardo Hees, a Latin American railroad executive, to be CEO of the company after it completes its $3.26 billion buyout of the fast-food chain.
3G Capital is naming Hees to replace John Chidsey, who will become co-chairman after the deal closes.
Hees was most recently CEO of America Latina Logistica, Latin America's largest railroad company. Alexandre Behring, managing partner at 3G Capital, was also a prior CEO of the railroad.
3G Capital is expected to begin its effort to acquire the outstanding shares of Burger King for $24 per share by Sept. 17.
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