Group 1 - Kraft Heinz is restructuring its leadership as part of a strategy to split into two separate companies, aiming to address declining sales and investor dissatisfaction [1] - The company has faced a challenging period characterized by falling sales figures and increasing frustration among investors [1] - This leadership change is seen as a pivotal move to rejuvenate the company's performance and restore investor confidence [1]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]

卡夫亨氏候任首席执行官史蒂夫·卡希兰表示，他支持公司计划中的分拆。 本文源自：金融界AI电报 ...

Core Viewpoint - The company believes its stock price is undervalued due to its failure to achieve organic growth, and it will focus on addressing this issue in the future [1] Group 1 - The incoming CEO, Steve Cahillane, has acknowledged the company's challenges in achieving organic growth [1] - The company aims to enhance its performance and rectify the perceived undervaluation of its stock [1]

Core Points - Kraft Heinz Co. announced that Steve Cahillane, former CEO of Kellanova, will become the new CEO effective January 1, succeeding Carlos Abrams-Rivera, who will remain as an advisor until March to ensure a smooth transition [1][4][9] - The company plans to split into two independent publicly traded entities, with Cahillane leading the Global Taste Elevation business, which will manage brands such as Heinz, Philadelphia, and Kraft Mac & Cheese [2][5] - The separation is projected to occur in the second half of 2026, aiming to create more focused organizations that can enhance brand management and profitability [4][5] Leadership Transition - Steve Cahillane's appointment is seen as a strategic move to leverage his experience, having successfully led Kellogg through a similar separation and brand expansion [9][10] - Carlos Abrams-Rivera will assist in the transition, ensuring continuity in leadership during this critical period [1] Business Strategy - The split will result in two distinct companies: Global Taste Elevation and North American Grocery, the latter overseeing brands like Oscar Mayer and Kraft Singles [5] - The goal of the separation is to reduce complexity and enhance the ability of each entity to compete effectively in the market [4][7]

Joining us now exclusively is [music] incoming Crowd Time CEO Steve Kaine. Steve, thank you so much for taking the time on this big announcement. It's good to see you. >> Good to see you, Sarah.Thanks for having me. >> So, why now. Why are you doing this.I mean, you you you you did the split at Kellogg, sold effectively both of those two companies could have could have rode off into the sunset. Why are you back for more. >> Yeah, I I could have, but this opportunity was just so exciting, Sarah.And when you ...

Core Viewpoint - Kraft Heinz has appointed Steve Cahillane, the former CEO of Kellogg, as its new CEO to lead the company's planned split [1] Group 1 - The appointment of Steve Cahillane is aimed at facilitating the strategic separation of Kraft Heinz's business units [1]

Core Viewpoint - Kraft Heinz has appointed Steve Cahillane as the new group CEO ahead of a planned business split scheduled for the first half of 2026 [1][4] Group 1: Leadership Changes - Steve Cahillane will assume the CEO position and a board seat on January 1, 2024, and will later lead Kraft Heinz's Global Taste Elevation Co. after the separation [1] - Carlos Abrams-Rivera, the current group CEO, will step down at the start of the new year but will remain as an adviser until March 6, 2024 [2] - Miguel Patricio, the former CEO, will be replaced as board chair by John Cahill, effective January 1, 2024 [3][5] Group 2: Strategic Outlook - Cahillane expressed confidence that the planned separation will enhance the company's competitive ability and unlock significant opportunities [4] - The search for a CEO to lead the North American Grocery Co. will commence following the leadership transition [2] Group 3: Background of New CEO - Cahillane was previously the president and CEO of Kellanova, which underwent a business split from Kellogg Co. in 2022-23 [3][6] - His prior experience includes leadership roles at Kellogg, The Nature's Bounty Co., The Coca-Cola Co., and AB InBev, positioning him as uniquely qualified for the CEO role at Kraft Heinz [6]

Leadership Change - Kraft Heinz is replacing its CEO after a tumultuous period [1] Strategic Decision - The decision to break up the company culminated the tumultuous period [1]

Core Insights - Kraft Heinz has appointed Steve Cahillane as its new CEO, which is a significant leadership change for the company [1] - This transition comes ahead of Kraft Heinz's plan to split into two independent public entities, indicating a strategic shift in its business model [1] Company Summary - The appointment of Steve Cahillane reflects the company's efforts to strengthen its leadership as it prepares for a major structural change [1] - The split into two independent entities suggests a focus on enhancing operational efficiency and potentially unlocking shareholder value [1]