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Hees will take over for William Johnson, who has been CEO for the past 15 years. Johnson's contract entitles him to walk away with a total of $212.7 million. That includes $99.7 million in vested stock and $57 million in deferred compensation benefits he accrued over his 30 years at the company. Heinz said it expects the deal to close in the second or third quarter. The company's stock fell a penny to $72.44 in morning trading.
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