Why is Kraft Heinz splitting into two companies?

Kraft Heinz is splitting to create two focused, independent companies to drive growth and operational efficiency.

Who will lead the new Kraft Heinz companies?

Steve Cahillane will lead the Global Taste Elevation business, while a new CEO will be sought for the North American Grocery division.

When will the Kraft Heinz split be complete?

The separation is projected to be completed in the second half of 2026.

Home / Business and Economy / Kraft Heinz Splits: Buffett's Megamerger Reversed

Kraft Heinz Splits: Buffett's Megamerger Reversed

16 Dec

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Summary

Kraft Heinz plans to separate into two publicly traded companies.
Steve Cahillane, former Kellanova CEO, to lead the new Taste Elevation business.
The separation is projected to be completed in the second half of 2026.

Kraft Heinz Splits: Buffett's Megamerger Reversed

Kraft Heinz has announced plans to divide into two separate publicly traded entities, effectively reversing the significant 2015 merger. This strategic move aims to reshape the company's structure for future growth and operational efficiency.

Steve Cahillane, who previously led Kellogg's successful split and headed Kellanova, is slated to become the CEO of the "Global Taste Elevation" segment. This division will encompass high-growth brands such as Heinz and Kraft Mac & Cheese.

The "North American Grocery" business, featuring brands like Oscar Mayer and Kraft Singles, will seek a new chief executive. The company projects this separation will be completed in the second half of 2026, marking a new chapter for the food giant.

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