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-0.000332411768998233 -0.000940482078141201 -0.00215662269642699 -0.00293495269213002 -0.00762925547871356 -0.00539966434518944 0.000478348643192343 -0.000741845777154392
Stock impact report

Kraft Heinz announces new CEO, new split company names [Yahoo! Finance]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: Yahoo! Finance
The company said Cahillane will lead the company through its planned split into two companies in 2026. The split was announced in September. The two companies will be Global Taste Elevation Co. and North American Grocery Co. They will have "greater strategic and operational focus to serve customers, delight consumers and accelerate performance. The separation is designed to maximize Kraft Heinz's capabilities and brands while reducing complexity, allowing both new companies to more effectively deploy resources toward their distinct strategic priorities," a press release said. Cahillane will lead Global Taste Elevation after the split, which is expected to happen at the end of 2026. Carlos Abrams-Rivera will step down Jan. 1 and serve as an advisor until March 6 to ensure a seamless leadership transition. The board will begin a search for a CEO of North American Grocery. "I am honored to be joining Kraft Heinz as CEO at such a pivotal and exciting time," Cahillane said in a Show less Read more
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