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Stock impact report

Kraft Heinz taps former Kellogg chief as its CEO as it prepares to split into 2 companies [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
Kraft Heinz said Tuesday that Steve Cahillane will serve as CEO starting Jan. 1. Once Kraft Heinz becomes two companies – which is expected to happen in the second half of next year – Cahillane will become the CEO of what is currently called Global Taste Elevation Co. That company will house some of Kraft Heinz's biggest sellers, including Kraft Mac & Cheese, Philadelphia cream cheese and Heinz. “Like millions of people around the world, I have a deeply personal connection to the Kraft Heinz brands, dating back to my childhood,” Cahillane said in a statement. “I've devoted my entire career to building brands, and the opportunity to do the same with Kraft Heinz's iconic portfolio is a dream come true.” The remaining company, dubbed North American Grocery Co., will include slower-selling brands like Maxwell House, Oscar Mayer, Kraft Singles and Lunchables. Kraft Heinz hasn't yet named a CEO of that company. Kraft Heinz said Carlos Abrams-Rivera, who has been its CEO since January Show less Read more
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