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The Kraft Heinz Co. introduced on Tuesday that former Kellanova CEO Steve Cahillane will take over subsequent yr earlier than the meals large splits into two separate publicly traded firms.
Cahillane will take over as CEO efficient Jan. 1, succeeding Carlos Abrams-Rivera, who will nonetheless function an advisor to the corporate till March to make sure a seamless management transition.
When the businesses break up later within the yr, Cahillane will lead the enterprise it is calling World Style Elevation. That firm will oversee manufacturers like Heinz, Philadelphia and Kraft Mac & Cheese.
Steve Cahillane will take over as CEO on Jan. 1, 2026. (Michael M. Santiago / Getty Pictures)
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The corporate introduced in September that its board of administrators accredited a plan to separate it into two unbiased, publicly traded firms by a tax-free spinoff. The purpose is to create two extra centered organizations with much less complexity that may be capable of maximize their manufacturers and increase profitability.
Kraft projected that the separation will occur within the second half of 2026.
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The opposite firm, referred to as North American Grocery, will oversee its portfolio of grocery staples like Oscar Mayer, Kraft Singles and Lunchables. The official names of the brand new firms have not but been decided. The corporate additionally hasn’t introduced who will lead its North American Grocery enterprise.
On this picture illustration, a bottle of Heinz tomato ketchup is displayed subsequent to a field of Kraft Mac & Cheese on Sept. 2, 2025, in San Anselmo, California. (Justin Sullivan/Getty Pictures)
“I’m assured the deliberate separation will speed up the Firm’s skill to compete and win in right now’s atmosphere and unlock the immense alternative in entrance of us,” Cahillane mentioned. “I’m trying ahead to working with the crew to jot down this thrilling subsequent chapter collectively.”
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Kraft Meals Inc. cheese merchandise sit on a shelf at a grocery retailer in New York on Nov. 30, 2010. (Michael Nagle/Bloomberg by way of Getty Pictures)
Cahillane led Kellogg by its personal profitable separation of its North American cereal enterprise and the launch of Kellanova. Kellogg grew to become Kellanova after it was acquired by Mars Inc. in December 2025.
| Ticker | Safety | Final | Change | Change % |
|---|---|---|---|---|
| KHC | THE KRAFT HEINZ CO. | 24.50 | +0.05 | +0.20% |
Throughout his time at Kellanova, Cahillane oversaw the enlargement of the corporate’s world model portfolio, together with Pringles, Cheez-It, Pop-Tarts and Kellogg’s Worldwide.
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Previous to his time at Kellanova, Cahillane held senior government roles at The Nature’s Bounty Co., Coca-Cola and AB InBev.
