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The Independent UK
The Independent UK
Business
Erin Keller

Kraft Heinz’s new CEO wants food giant to focus on value: ‘Consumers are literally running out of money’

Kraft Heinz is the latest major company to focus more heavily on “value” for shoppers, as its new CEO Steve Cahillane responds to ongoing concerns about affordability for many Americans.

The packaged food and beverage giant – one of the biggest in the world – had previously been considered for a breakup, but is instead trying to turn things around from within, with Cahillane arguing that the company can be fixed without splitting it apart.

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