Kraft Heinz is combining its U.S. and Canada businesses into a North America Zone
The move will also initiative leadership changes at the company under the restructured format.
Kraft Heinz announced it will combine its U.S. and Canada businesses to create the North America Zone, which is expected to be effective in the second fiscal quarter of 2022.
The move is meant to advance the company's long-term, sustainable growth plans—which were first outlined at its Investor Day event in September 2020—by bringing increased agility to its innovation agenda, operations, and go-to-market approach. The Company’s U.S. and Canada businesses accounted for approximately 80% of its 2020 consolidated net sales.