The Kraft Heinz Company (NASDAQ:KHC) Barclays 18th Annual Global Consumer Staples Conference 2025 September 3, 2025 10:30 AM EDT
Company Participants
Carlos Abrams-Rivera – CEO & Director
Andre Maciel – Executive VP & Global CFO
Conference Call Participants
Andrew Lazar – Barclays Bank PLC, Research Division
Presentation
Andrew Lazar
MD & Senior Research Analyst
All right. Welcome back, everybody. For our next session, I’m thrilled to welcome back The Kraft Heinz Company. With us today once again are Chief Executive Officer, Carlos Abrams-Rivera; and Executive Vice President and Chief Financial Officer, Andre Maciel. Thank you both for joining us.
Carlos Abrams-Rivera
CEO & Director
Pleasure to be here.
Andre Maciel
Executive VP & Global CFO
Thank you.
Question-and-Answer Session
Andrew Lazar
Barclays Bank PLC, Research Division
So we have some things to discuss without a question, how to throw out the old sort of fireside chat questions and come up with some new ones, but we appreciate you sort of being here even in the midst of all that you’ve got going on. Maybe to start off at sort of a basic level, right, yesterday morning, you announced you’re going to plan to split the business into 2 separate entities, Global Taste Elevation Co., North American Grocery Co. So to start, why do you believe the separation will lead to improved performance?
Carlos Abrams-Rivera
CEO & Director
Yes. Well, first of all, thank you, and I appreciate you being flexible and working with us. I’m sure you changed everything that you were going to ask us. Listen, I think ultimately, it all comes down to focus. And I think one of the things that it has — we have seen and it has been proven now inside our company then when we can dedicate focus, it actually leads to improved performance that ultimately will unlock shareholder value. If I go back, Andrew, to what I commented back
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