Following the company's announcement that Fareed Khan will succeed Ron Dissinger as CFO, Credit Suisse analyst Robert Moskow notes that Kellogg (K) is in the midst of a concerted effort to boost its profit margins by reducing overhead costs, restructuring its supply chain, and improving its price realization, and says Khan sounds "well-qualified" to execute these initiatives. Additionally, the analyst believes an "outsider CFO" theoretically would take a more objective view of a bid from Kraft Heinz (KHC). He reiterates a Neutral rating and $77 price target on Kellogg's shares.