Consumer
Kraft Heinz CEO Says Improved Sales Show Ending Split Was Right
Kraft Heinz Co.’s investments in lagging brands are starting to pay off, demonstrating that halting its plans to split was the right strategic move, its chief executive officer said.
The company is benefiting both from its decision to pour $600 million into reinvigorating sales and regaining the resources of employees who would have been deployed on the complicated work of divvying up the firm, CEO Steve Cahillane said in an interview Wednesday.