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The Kraft Heinz Company (KHC), commonly known as Kraft Heinz (/ ˈ k r æ f t ˈ h aɪ n z /), is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh.
Kraft Foods Group, Inc. (doing business as Kraft Foods Group) is an American food manufacturing and processing conglomerate, split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July 2, 2015.
The company has its origins as Kraft Foods Inc., which was founded in Chicago in 1923. The present enterprise was established in 2012 when Kraft Foods was renamed Mondelez and retained its snack food business, while its grocery business was spun off to a new company called Kraft Foods Group.
CHICAGO -- Packaged foods giant Kraft Heinz said Carlos Abrams-Rivera, the company’s executive vice president and president of its North American business, will take over as chief executive...
Sponsorships and promotions. Kraft Foods Inc was an official partner and sponsor of Major League Soccer and sponsored the Kraft Nabisco Championship, one of the four "majors" on the LPGA tour. The company also sponsored the Kraft Fight Hunger Bowl, a post-season college football bowl game .
Kraft Heinz CEO on Warren Buffett and the mac-and-cheese maker's turnaroundaol.com- Kraft Heinz debuts 3 spicy ketchups, part of innovation push to drive $2B in salesaol.com
- Kraft Heinz plans more price hikes as sales, earnings beat estimatesaol.com
- Kraft Heinz Lunchables to be part of the National School Lunch Program this fallaol.com
For years, Kraft Heinz slashed investments in key brands in order to meet aggressive operating profit targets put in place at the time of its merger. Top talent left the company.