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Kraft Heinz names former Kellogg CEO to helm Chicago packaged-food giant ahead of planned split next year [Yahoo! Finance]

The Kraft Heinz Company (KHC)  More Company Research Source: Yahoo! Finance
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Cahillane most recently served as chairman and CEO of Kellanova, the Chicago-based snack foods spinoff from cereal-maker Kellogg, which was acquired by Mars in a $36 billion deal that closed last week. The announcement Tuesday comes at a pivotal time for Kraft Heinz, and brings in a longtime food industry leader who successfully guided Kellogg through its 2023 spinoff, an experience that will likely come in handy in his new role. “I'll take over the entirety of the business and focus on delivering a 2026 operating plan, while at the same time executing the split of the companies, very similar to what I just did at Kellogg,” Cahillane said Tuesday. Cahillane left Kellanova when the Mars deal closed Thursday. He told the Tribune he is “taking the rest of the year off” before joining Kraft Heinz in January. Current CEO Carlos Abrams-Rivera will then step down and transition to an advisory role. Formed by the 2015 megamerger of Chicago-based Kraft Foods and Pittsburgh-based Heinz [Read more]

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Kraft Heinz names former Kellogg CEO to helm Chicago packaged-food giant ahead of planned split next year [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
Cahillane most recently served as chairman and CEO of Kellanova, the Chicago-based snack foods spinoff from cereal-maker Kellogg, which was acquired by Mars in a $36 billion deal that closed last week. The announcement Tuesday comes at a pivotal time for Kraft Heinz, and brings in a longtime food industry leader who successfully guided Kellogg through its 2023 spinoff, an experience that will likely come in handy in his new role. “I'll take over the entirety of the business and focus on delivering a 2026 operating plan, while at the same time executing the split of the companies, very similar to what I just did at Kellogg,” Cahillane said Tuesday. Cahillane left Kellanova when the Mars deal closed Thursday. He told the Tribune he is “taking the rest of the year off” before joining Kraft Heinz in January. Current CEO Carlos Abrams-Rivera will then step down and transition to an advisory role. Formed by the 2015 megamerger of Chicago-based Kraft Foods and Pittsburgh-based Heinz [Read more]

IMPACT SNAPSHOT
EVENT TIME:
KHC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
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MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

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S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS