Kraft Heinz Charts New Course with Leadership Shift and Corporate Split

The year 2026 has begun with a significant transition for Kraft Heinz, marked by a change in leadership and a major strategic reorganization. The food giant now operates under new CEO Steve Cahillane, while its share price lingers near a 52-week low. The market’s focus is firmly on management’s ability to successfully execute a complex plan to separate into two distinct publicly traded companies.

Central to the company’s new direction is a planned separation, currently targeted for the second half of 2026. The move aims to unlock value by creating two focused entities. Steve Cahillane, who previously led Kellanova (the former Kellogg Company), assumed the CEO role on January 1st. Read more...