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

USUS MoneyKraft 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 salesErin Keller In Ohio Wednesday 06 May 2026 22:28 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2971844","articleMeta":{"url":"https://www.independent.co.uk/us/money/kraft-heinz-ceo-value-prices-affordability-b2971844.html","title":"Kraft Heinz CEO pushes value: ‘Consumers are literally running out of money’"}}CloseRelated: McDonald’s Sales Surge, Kraft Heinz Pauses SplitThe latest headlines from our reporters across the US sent straight to your inbox each weekdayYour briefing on the latest headlines from across the USYour briefing on the latest headlines from across the USEmail*SIGN UPI would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice{"className":"sc-1ge0fwe-0","newsletterData":{"regSourceNewsletter":"IND_Evening_Newsletter","regTitle":"Evening Headlines","subscriptionGroup":"us_evening_headlines","subscriptionGroupId":"4326e634-422a-4447-8e1e-604a937cd3b5","type":"daily_news","pathPrefix":["/us","/news/world/americas","/news/world/americas/crime"],"title":"The latest headlines from our reporters across the US sent straight to your inbox each weekday","mobileTitle":"Your briefing on the latest headlines from across the US","imageSrc":"https://static.independent.co.uk/static-assets/images/newsletters/usEveningHeadlines1_1.png","label":"I would like to receive morning headlines Monday - Friday plus breaking news alerts by email","newsletterKey":"receiveEveningHeadlinesUSNews","regSourceSection":"US Money","regSou...