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Kraft Heinz Appoints Steve Cahillane as New CEO

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Kraft Heinz Appoints Steve Cahillane as New CEO

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Kraft Heinz ( (KHC) ) has shared an announcement.

On December 16, 2025, Kraft Heinz announced the appointment of Steve Cahillane as Chief Executive Officer, effective January 1, 2026, following the planned separation of the company into two independent entities. Cahillane, with a robust background in leading major companies like Kellanova and The Nature’s Bounty Co., will guide Kraft Heinz through this transition, aiming to enhance its competitive edge and operational focus. Concurrently, Carlos Abrams-Rivera will step down as CEO but remain as an advisor until March 6, 2026, while John T. Cahill will succeed Miguel Patricio as Board Chair. The separation is expected to maximize the company’s capabilities and is anticipated to close in the second half of 2026.

The most recent analyst rating on (KHC) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Kraft Heinz stock, see the KHC Stock Forecast page.

Spark’s Take on KHC Stock

According to Spark, TipRanks’ AI Analyst, KHC is a Neutral.

Kraft Heinz’s overall stock score reflects significant financial and operational challenges. The company’s declining revenues and profitability, coupled with a negative P/E ratio, weigh heavily on the score. Technical analysis indicates bearish momentum, and while the earnings call suggests some strategic initiatives, the outlook remains cautious due to global consumer sentiment and inflationary pressures. The high dividend yield provides some support but is overshadowed by the broader financial struggles.

To see Spark’s full report on KHC stock, click here.

More about Kraft Heinz

The Kraft Heinz Company operates in the food and beverage industry, focusing on growing its iconic and emerging brands on a global scale. With net sales of approximately $26 billion in 2024, the company leverages its scale and agility to drive transformation across a portfolio of eight consumer-driven product platforms, aiming to make a sustainable and ethical impact worldwide.

Average Trading Volume: 15,458,665

Technical Sentiment Signal: Sell

Current Market Cap: $28.94B

For detailed information about KHC stock, go to TipRanks’ Stock Analysis page.

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