The new CEO of Kraft Heinz, Steve Cahillane, believes that many of the company’s challenges are ‘fixable’|Mike Mozart|CC BY 2.0

Kraft Heinz has put plans to split into two independent companies on hold and will instead invest $600 million in marketing, sales, and R&D.

The move comes after the company posted a net loss of $5.85 billion for 2025.

The new CEO of the packaged-food giant, Steve Cahillane, believes that many of the company’s challenges are “fixable and within our control.”

The company is grappling with falling volumes in North America, its largest market, where organic net sales declined 3.4% for the year and 4.2% in the fourth quarter.