Core Points - Kraft Heinz Co. announced that Steve Cahillane, former CEO of Kellanova, will become the new CEO effective January 1, succeeding Carlos Abrams-Rivera, who will remain as an advisor until March to ensure a smooth transition [1][4][9] - The company plans to split into two independent publicly traded entities, with Cahillane leading the Global Taste Elevation business, which will manage brands such as Heinz, Philadelphia, and Kraft Mac & Cheese [2][5] - The separation is projected to occur in the second half of 2026, aiming to create more focused organizations that can enhance brand management and profitability [4][5] Leadership Transition - Steve Cahillane's appointment is seen as a strategic move to leverage his experience, having successfully led Kellogg through a similar separation and brand expansion [9][10] - Carlos Abrams-Rivera will assist in the transition, ensuring continuity in leadership during this critical period [1] Business Strategy - The split will result in two distinct companies: Global Taste Elevation and North American Grocery, the latter overseeing brands like Oscar Mayer and Kraft Singles [5] - The goal of the separation is to reduce complexity and enhance the ability of each entity to compete effectively in the market [4][7]

Joining us now exclusively is [music] incoming Crowd Time CEO Steve Kaine. Steve, thank you so much for taking the time on this big announcement. It's good to see you. >> Good to see you, Sarah.Thanks for having me. >> So, why now. Why are you doing this.I mean, you you you you did the split at Kellogg, sold effectively both of those two companies could have could have rode off into the sunset. Why are you back for more. >> Yeah, I I could have, but this opportunity was just so exciting, Sarah.And when you ...

Kraft Heinz on Tuesday named former Kellogg top boss Steve Cahillane as CEO to help spearhead the packaged goods giant's planned split. ...

Leadership Change - Kraft Heinz is replacing its CEO after a tumultuous period [1] Strategic Decision - The decision to break up the company culminated the tumultuous period [1]

Kraft Heinz on Tuesday named industry veteran Steve Cahillane as its new CEO, ahead of the packaged goods giant's split into two independent public entities. ...

格隆汇12月16日｜据华尔街日报，卡夫亨氏任命史蒂夫・卡希兰为下一任首席执行官，任职将于明年1 月1日生效。 ...

Core Viewpoint - Kraft Heinz is planning to split into two separately traded companies, reversing its 2015 merger orchestrated by Warren Buffett [1] Group 1: Leadership Changes - Steve Cahillane, former CEO of Kellanova, will become the CEO of Kraft Heinz on January 1, leading the company post-split [2] - Cahillane previously oversaw Kellogg's breakup in 2023, which separated its North American cereal business from its snacking unit [3] - Carlos Abrams-Rivera, the outgoing CEO, will transition to an advisory role until March 6 [3] Group 2: Company Structure Post-Split - The new entity, Global Taste Elevation, will include high-growth brands such as Heinz, Philadelphia, and Kraft Mac & Cheese [2] - Kraft Heinz is searching for a new CEO to lead the North American Grocery segment, which includes brands like Oscar Mayer and Kraft Singles [4] - John Cahill will succeed Miguel Patricio as chair of the board during this transition [4] Group 3: Timeline and Projections - The separation of Kraft Heinz into two publicly traded companies is projected to occur in the second half of 2026 [4]

Group 1 - Steve Cahillane is set to take over as the new leader of the company [1] - Carlos Abrams-Rivera, who became the company's leader in 2024, will step down in January [1]

Piper Sandler将卡夫亨氏的目标价从25美元上调至27美元，维持"中性"评级。(格隆汇) ...

Kellanova, a huge consumer packaged goods company, has been acquired by Mars, and K stock is expected to be delisted soon, as its acquisition closed yesterday, Dec. 11. Consequently, the former owners of K stock may be thinking of looking to buy Kraft Heinz (KHC), which is the closest publicly traded alternative to Kellanova. About KHC Stock Kraft Heinz, as its name indicates, owns and markets the Kraft and Heinz brands. It also has many other consumer packaged food brands, such as Oscar Mayer, Jell-O, ...