Kraft Heinz taps ex-Kellanova boss as new chief for looming break-up
Ketchup maker says current CEO will not have management role when group splits next year
Ketchup maker says current CEO will not have management role when group splits next year

Struggling food group announces pause to separation work as new chief unveils $600mn investment plan

Exploration of deal worth tens of billions of dollars reflects struggle of both companies to combat subdued demand

Less than two years after taking the top job he is unwinding the packaged-food company’s failed megamerger

Warren Buffett’s landmark 2015 consumer goods tie-up has struggled and the company is exploring a break-up

Food company’s shares drop sharply as its largest investor explores exiting the group it helped to create

‘Unbelievably pushy’ activist investor backed $66bn carve-out of century-old food business