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

The Kraft Heinz Company (KHC)  More Company Research Source: FOX Business Network
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 [Read more]
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Stockreport

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

The Kraft Heinz Company  (KHC) 
More Company Research Source: FOX Business Network
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 [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:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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