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0.00288039872485724 0.00283185267893265 0.00126219719403848 0.00449860025567585 0.00687735650597918 0.00247584834215251 0.00490315063838043 0.000857646811333897
Stock impact report

Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup [MSNBC.com]

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: MSNBC.com
In this articleKraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett.Justin Sullivan | Getty Images News | Getty Imagesplanned split next yearCahillane will join the Oscar Mayer owner as chief executive on Jan. 1. After Kraft Heinz divides into two publicly traded companies, he will serve as CEO of the business it is calling Global Taste Elevation, which will include high-growth brands like Heinz, Philadelphia and Kraft Mac & Cheese.Cahillane previously led Kellogg through its own breakup in 2023. The company split its sluggish North American cereal business from its high-growth snacking unit, which was then renamed Kellanova. Cahillane stayed on as chief executive of Kellanova untilMars acquired the company for $35.9 billionOutgoing Kraft Heinz CEO Carlos Abrams-Rivera was originally tapped to lead the other company known as North American Grocery. However, he will now se Show less Read more
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