The Chicago-based food giant is planning on a turnaround by investing more in marketing, sales and research and development.

"We support CEO Steve Cahillane and the Kraft Heinz Board of Directors' decision, under Steve's new leadership, to pause work on the company's previously planned separation. As a result, management ...

Kraft Heinz said Wednesday it's pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became chief executive officer of Kraft Heinz on Jan. 1, said he wants to ...

At the time, Kraft Heinz said it expected the split to be finalized in the second half of this year. The company hired Cahillane, who presided over a similar breakup at Kellogg Co. in 2023, in ...

Kraft Heinz Co. halted plans to split in two, a surprising reversal weeks after bringing in a new chief executive officer with experience breaking up a food company. Steve Cahillane, who took over as ...

Kraft Heinz has halted efforts to split the company, in a surprise move that new CEO Steve Cahillane said was necessary due to deteriorating conditions in the food industry, though he called the ...

Kraft Heinz said Wednesday it's pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of ...

The Heinz ketchup bottle outside the Heinz History Center. Kraft Heinz said Wednesday it's pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became CEO of ...