A globally trusted producer of delicious foods, The Kraft
Heinz Company provides high quality, great taste and
nutrition for all eating occasions whether at home, in
restaurants or on the go.
The Kraft Heinz Company is led by a world class Board of Directors and proven business leaders with an unparalleled record for performance. We are committed to investing in world-class brands and long-term value creation. The Kraft Heinz Company has significant synergy opportunities with a strong platform for organic growth in North America, as well as global expansion, by combining Kraft’s brands with Heinz’s international platform.
The Kraft Heinz Company (NASDAQ: KHC) is one of the world’s largest food and beverage manufacturers, formed in 2015 by the merger of Kraft Foods Group and H.J. Heinz Holding Corporation. Headquartered in Chicago and Pittsburgh, the company is the fifth-largest food company globally, with over $26 billion in annual sales, selling condiments, dairy, meals, and snacks in over 40 countries
As a socially responsible global food company, The Kraft Heinz Company is committed to reducing our environmental footprint and protecting the planet’s natural resources for future generations.
The Kraft Heinz Company is dedicated to the sustainable health of our people, our planet and our Company. Through partnerships with Rise Against Hunger, Heifer International, Feeding America and other organizations, since 2016 we have provided nearly 750 million meals to those in need around the world.
200 East Randolph Street, Chicago, Illinois, 60601
Kraft: Known for processed cheese (patented in 1916), Kraft Macaroni & Cheese, and Philadelphia Cream Cheese.
Other Brands: Oscar Mayer, Planters, Lunchables, Velveeta, Jell-O, Kool-Aid, and Maxwell House.
Origins: The H.J. Heinz Company was founded in 1869 by Henry J. Heinz in Pennsylvania, while Kraft began with James L. Kraft’s wholesale cheese business in 1903 in Chicago.
2015 Merger: The merger was orchestrated by Warren Buffett’s Berkshire Hathaway and Brazilian private equity firm 3G Capital.
Post-Merger Struggles: The company faced immense pressure after the merger, driven by a decline in traditional packaged food sales, high debt, and aggressive cost-cutting by 3G Capital that allegedly damaged brand investment. This resulted in a massive $15.4 billion write-down in 2019 and an SEC investigation into accounting misconduct.
Turnaround Efforts: Under CEO Carlos Abrams-Rivera (and later Steve Cahillane, named in late 2025), the company has focused on reviving brands through marketing, innovation, and digital investments.
Proposed Split (2025-2026): In September 2025, Kraft Heinz announced plans to split into two independent, publicly traded companies—a “Global Taste Elevation Co.” (sauces, condiments) and “North American Grocery Co.” (convenience foods)—to better focus on growth. However, as of February 2026, reports indicate this split was paused with a new CEO arriving, suggesting management believes challenges are “fixable”.
Sustainability & Innovation: The company has pledged to make 100% of its packaging recyclable, reusable, or compostable by 2025, and to remove artificial dyes from U.S. products by 2027