The Kraft Heinz Company Stock News

Kraft Heinz announced on Tuesday that new CEO Steve Cahillane will join the food giant to help steer its split into two companies. The former head of Kellanova joins the ailing food giant after years of declining sales and slow growth, and as shares are down 75% since 2017.

Kraft Heinz (KHC) is changing its recipe for leadership ahead of a planned split next year.

Kraft Heinz is changing its leadership as it moves ahead with plans to break itself into two companies, ending a turbulent chapter marked by falling sales and investor frustration. The food conglomerate said Steve Cahillane, a veteran consumer goods executive and former chief executive of Kellanova, will become chief executive of Kraft Heinz from Jan.

Kraft Heinz Co (NASDAQ:KHC, XETRA:KHNZ) has announced the appointment of Steve Cahillane as CEO as the packaged foods giant prepares to split into two companies. Cahillane will also join the company's board and serve as CEO of Global Taste Elevation, one of the two new companies resulting from Kraft Heinz's planned separation into independent, publicly traded entities.

Kraft Heinz named former Kellanova CEO Steve Cahillane as its new chief executive starting January 2026, as the food giant prepares to split into two separate publicly traded companies.

Kraft Heinz on Tuesday named former Kellogg top boss Steve Cahillane as CEO to help spearhead the packaged goods giant's planned split.

Kraft Heinz on Tuesday named industry veteran Steve Cahillane as its new CEO, ahead of the packaged goods giant's split into two independent public entities.

Former Kellanova CEO Steve Cahillane will become Kraft Heinz's latest CEO in the new year, the company announced. Kraft Heinz is planning to break up into two separate publicly traded companies by the second half of 2026.