Kraft Heinz Says Pausing Split Critical to Turning Around Business -- Market Talk

Dow Jones02-19 21:27

0827 ET - Kraft Heinz has paused a planned split into two companies and CEO Steve Cahillane says at the Consumer Analyst Group of New York conference that the pause is critical to improving its fundamental business. "The work to separate the business is so enormous," Cahillane says. "And the work to turn around a business that is declining is also an enormous task. Doing both of those things at the same time is very difficult, if not impossible." Cahillane says that focusing on improving the business now will create a stronger, healthier company that can then decide in the future to separate or continue. (nicholas.miller@wsj.com)

(END) Dow Jones Newswires

February 19, 2026 08:27 ET (13:27 GMT)

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