Kraft Heinz's New Leadership Signals Potential Major Asset Sale

Kraft Heinz's New Leadership Signals Potential Major Asset Sale

Kraft Heinz's New Leadership Signals Potential Major Asset Sale Kraft Heinz's strategic move to appoint Steve Cahillane as its new CEO indicates possible major asset sales ahead, according to industry insiders. Cahillane, famous for orchestrating Kellogg's significant division, may guide the ketchup giant through a transformative phase involving asset separation.Shares of Kraft Heinz, known for brands like Jell-O, have declined significantly ami…

New Kraft Heinz CEO to oversee corporate split

Kraft Heinz’s decision to appoint Steve Cahillane as CEO – the dealmaker who steered Kellogg through one of the packaged food industry’s biggest breakups – signals the company may be positioning itself for major asset sales as it pushes ahead with its own split, according to industry sources. Steve Cahillane Kraft Heinz announced the CEO change this week, while in the midst of separating its more than 200 brands into two companies. Former Kellog…

Kraft Heinz appoints former Kellanova boss as CEO

Kraft Heinz has named former Kellanova boss Steve Cahillane as the new CEO of the company, effective on 1 January 2026. He will also join the board of directors and…