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16.12.25 - 18:36
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Kraft Heinz Replaces CEO Ahead of Split Into Public Firms (Bloomberg)
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Kraft Heinz Co. named a new chief executive officer, with former Kellanova CEO Steve Cahillane set to take over from Carlos Abrams-Rivera on Jan. 1.
Cahillane had been CEO of Kellanova, the snack food company that was previously part of Kellogg, since 2017. Abrams-Rivera, who has been Kraft Heinz's CEO for about two years, will serve as an adviser to the company until March 6, Kraft Heinz said in a statement. Bloomberg's Kristina Peterson joins to discuss. (Source: Bloomberg)...
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16.12.25 - 13:06
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The Kraft Heinz Company Names Steve Cahillane Chief Executive Officer (Business Wire)
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Steve Cahillane will join Kraft Heinz as CEO on January 1, 2026
Following the Company's planned separation into two independent, publicly traded companies, Cahillane will serve as CEO of Global Taste Elevation Co.
Carlos Abrams-Rivera will serve as an advisor through March 6, 2026; Board will initiate a CEO search for North American Grocery Co.
John T. Cahill will succeed Miguel Patricio as Board Chair as part of the transition
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today announced that it has named Steve Cahillane as Chief Executive Officer of the Company, effective January 1, 2026. He will also join the Company's Board of Directors and serve as CEO of Global Taste Elevation Co. following Kraft Heinz's planned separation into two independent, publicly traded companies. Carlos Abrams-Rivera will step down January 1 and serve as an advisor to the Company until March 6, 2026, to ensure a seamless leadership transition.
“I am...
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