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Kraft Heinz CEO on paused split: My focus is now on turning around the North American business

Summary by CNBC
Kraft Heinz CEO Steve Cahillane joins 'Squawk on the Street' to discuss the company's turnaround plan.

3 Articles

The food company, Kraft Heinz, retreats in its move to separate the two companies. In October 2025, Kraft Heinz made official its purpose to split into two independent companies. The first, ‘Global Taste Elevation’, which will focus on the growth of Heinz, Philadelphia, Kraft Mac & Cheese, and International; and the second company, ‘North American Grocery’, focused on the cash of Oscar Mayer, Kraft Singles, Lunchables, Maxwell House, among other…

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CNBC broke the news in United States on Thursday, February 19, 2026.
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