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Steve Cahillane

2 GoKawiil briefs on this topic

Kraft Heinz Halts Planned Breakup, Boosts Spending Despite $6B Loss

Kraft Heinz CEO Steve Cahillane, just six weeks into his role, paused the company's planned split into separate businesses and instead committed $600 million in new spending on marketing, sales and R&D. The announcement came alongside a reported net loss of nearly $6 billion for 2025, attributed to goodwill impairments.

Kraft Heinz adds Hot Honey, salted caramel flavors to Philadelphia cream cheese lineup

Kraft Heinz is expanding Philadelphia cream cheese with three new flavors: Mike's Hot Honey whipped (exclusive to Walmart until January), salted caramel, and a limited-run cranberry orange. This is the first phase of a plan to launch 10 new varieties over two years, a sharp increase from the brand's usual one or two annual releases.