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0.000405104314360867 -0.000202552157180578 0.000405104314360867 0.00141786510026332 -0.000202552157180578 0.00283573020052665 0.00283573020052665 -0.00364593882924853
Stock impact report

Kraft Heinz names new CEO ahead of major split [FOX Business Network]

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
The Kraft Heinz Co. announced on Tuesday that former Kellanova CEO Steve Cahillane will take over next year before the food giant splits into two separate publicly traded companies. Cahillane will take over as CEO effective Jan. 1, succeeding Carlos Abrams-Rivera, who will still serve as an advisor to the company until March to ensure a seamless leadership transition. When the companies split later in the year, Cahillane will lead the business it's calling Global Taste Elevation. That company will oversee brands like Heinz, Philadelphia and Kraft Mac & Cheese. The company announced in September that its board of directors approved a plan to split it into two independent, publicly traded companies through a tax-free spinoff. The aim is to create two more focused organizations with less complexity that will be able to maximize their brands and boost profitability. Kraft projected that the separation will happen in the second half of 2026. The other company, called North Ameri Show less Read more
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