Kraft Heinz Co. named a new chief executive officer, with former Kellanova CEO Steve Cahillane set to take over from Carlos Abrams-Rivera on Jan. 1. Cahillane had been CEO of Kellanova, the snack food company that was previously part of Kellogg, since 2017. Abrams-Rivera, who has been Kraft Heinz’s CEO for about two years, will serve as an adviser to the company until March 6, Kraft Heinz said in a statement. Bloomberg's Kristina Peterson joins to discuss. (Source: Bloomberg)