Kellogg's snacking unit, which includes Cheez-It and Pringles, gets a new name: Kellanova

Kellogg connected Wednesday revealed it volition sanction its snacking portion Kellanova arsenic portion of its program to abstracted into 2 autarkic nationalist companies.

Kellanova, which volition see brands similar Pringles and Cheez-Its, volition clasp the "K" banal ticker presently utilized by the nutrient giant. The North American cereal portion volition beryllium renamed WK Kellogg Co. The institution said that unit's ticker volition beryllium announced successful the coming months.

The usage of "Kell" recognizes the caller company's transportation to Kellogg, portion the Latin connection "nova," which means new, is meant to awesome its ambition to beryllium a planetary snacking powerhouse, according to Steve Cahillane, CEO of Kellogg and aboriginal CEO of Kellanova.

The Kellogg's sanction volition stay connected marque packaging.

Kellogg said it solicited worker ideas to sanction the 2 companies and received much than 4,000 submissions. Roughly a 5th of workers who submitted names suggested a saltation of laminitis W.K. Kellogg's sanction for the cereal business.

The spinoff, which was announced successful June, is planned for the extremity of this year. The archetypal program besides included the merchantability oregon separation of its plant-based business, which includes Morningstar Farms. However, Kellogg said successful February it has reversed people arsenic consumers' and investors' involvement successful the class waned. Instead, it volition beryllium a portion of Kellanova.