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

Steve Cahillane warned that new global conflicts like the war in Iran could fuel more inflation, at a time when past price increases have already hurt grocery sales

First seen · 9:28 PM UTCMay 6, 2026

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The Independent
Center-LeftIndependent Digital News and Media
Kraft Heinz’s new CEO wants food giant to focus on value: ‘Consumers are literally running out of money’Steve Cahillane warned that new global conflicts like the war in Iran could fuel more inflation, at a time when past price increases have already hurt grocery sales
9:28 PM UTC

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