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The Kraft Heinz Co. introduced on Tuesday that former Kellanova CEO Steve Cahillane will take over subsequent 12 months earlier than the meals large splits into two separate publicly traded corporations.
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 cut up later within the 12 months, 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 Photographs)
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The corporate introduced in September that its board of administrators accredited a plan to separate it into two impartial, publicly traded corporations by a tax-free spinoff. The purpose is to create two extra targeted organizations with much less complexity that may have the ability to maximize their manufacturers and enhance profitability.
Kraft projected that the separation will occur within the second half of 2026.
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The opposite firm, known 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 corporations 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 Photographs)
“I’m confident the planned separation will accelerate the Company’s ability to compete and win in today’s environment and unlock the immense opportunity in front of us,” Cahillane stated. “I’m looking forward to working with the team to write this exciting next chapter together.”
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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 through Getty Photographs)
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 growth 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 govt roles at The Nature’s Bounty Co., Coca-Cola and AB InBev.
