Kraft Heinz on Wednesday said that it is pausing work on its previously announced plans to split the company.
CEO Steve Cahillane, who joined Kraft Heinz in January, said in a statement that many of the company’s issues are “fixable and within our control.”
“My number one priority is returning the business to profitable growth, which will require ensuring all resources are fully focused on the execution of our operating plan,” he said. “As a result, we believe it is prudent to pause work related to the separation and we will no longer incur related dis-synergies this year.”
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Source: https://www.cnbc.com/2026/02/11/kraft-heinz-pauses-split-new-ceo-challenges.html
