Keurig Dr Pepper Inc. operates as a beverage company in the United States and internationally. It operates through Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages segments. The Coffee Systems segment manufactures and distributes various finished goods related to its coffee systems, K-Cup pods, and brewers, as well as special coffee. This segment sells its brewers through third-party distributors and retail partners, as well as through its website at keurig.com. The Packaged Beverages segment engages in the manufacture and distribution of packaged beverages of its brands; contract manufacturing of various private label and emerging brand beverages; and distribution of packaged beverages for its partner brands. The Beverage Concentrates segment manufactures and sells beverage concentrates primarily under the Dr Pepper, Canada Dry, Crush, Schweppes, Sun Drop, Sunkist soda, A&W, 7UP, Squirt, Big Red, RC Cola, and Hawaiian Punch brands. This segment also manufactures beverage concentrates into syrup. The Latin America Beverages segment manufactures and distributes carbonated mineral water, flavored carbonated soft drinks, bottled water, and vegetable juice products under the Peñafiel, Clamato, Squirt, Aguafiel, and Crush brands. The company serves retailers, bottlers and distributors, restaurants, hotel chains, office coffee distributors, and end-use consumers. Keurig Dr Pepper Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts.
IPO Year:
Exchange: NYSE
Website: keurigdrpepper.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/23/2024 | $36.00 → $43.00 | Neutral → Buy | Citigroup |
| 6/24/2024 | $36.00 | Neutral | Exane BNP Paribas |
| 6/17/2024 | $27.00 → $34.00 | Sell → Hold | Truist |
| 1/3/2024 | $37.00 | Overweight → Equal-Weight | Morgan Stanley |
| 12/22/2023 | $37.00 | Hold | HSBC Securities |
| 11/13/2023 | $39.00 | Buy | Jefferies |
| 8/16/2023 | $37.00 → $42.00 | Neutral → Buy | UBS |
| 7/17/2023 | $39.00 → $36.00 | Overweight | JP Morgan |
| 7/6/2023 | $37.00 | Equal-Weight → Overweight | Morgan Stanley |
| 2/17/2023 | $37.00 | Neutral | Citigroup |
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BURLINGTON, Mass. and FRISCO, Texas, Nov. 20, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today announced that Tim Cofer, Chief Executive Officer, and Sudhanshu Priyadarshi, Chief Financial Officer and President, International, will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 4, 2024 at 10:15 AM ET. Access to a live webcast of the event will be available on the Company's corporate website, www.keurigdrpepper.com. For those unable to join the live webcast, a recorded version of the event, as well as a transcript, will be made available through the Investors section of KDP's website. Investor Contacts: Investor RelationsT: 88
Company elevates digital-first capabilities as part of consumer-obsessed strategy BURLINGTON, Mass. and FRISCO, Texas, Nov. 11, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) announced the appointment of Drew Panayiotou as Chief Marketing Officer (CMO), U.S. Refreshment Beverages, effective today. Panayiotou brings a modern approach to marketing and a broad range of experience to the role, having led teams at agencies and across multiple industries, including beverages, technology, health care, retail and entertainment. Andrew Springate, who currently serves as CMO for U
BURLINGTON, Mass., and FRISCO, Texas, Oct. 29, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) (the "Company or "KDP") announced today the pricing of its previously-announced registered public offering of 60,000,000 shares through a secondary offering by a subsidiary of JAB Holding Company s.a.r.l. ("JAB"), at a price to the public of $32.85 per share. JAB has also granted the underwriter a 30-day option to purchase up to an additional 9,000,000 shares. Following the completion of the offering, JAB will beneficially own approximately 16.5% of KDP's outstanding common stock, or approximately 15.8% assuming full exercise of the underwriter's option to purchase additional shares. The remain
BURLINGTON, Mass. and FRISCO, Tex., Oct. 28, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) (the "Company or "KDP") announced today that a subsidiary of JAB Holding Company s.a.r.l. ("JAB") will sell an aggregate of 60,000,000 shares of KDP common stock through a proposed registered public offering. JAB has also granted the underwriter a 30-day option to purchase up to an additional 9,000,000 shares. Following the completion of the offering, JAB will beneficially own approximately 16.5% of KDP's outstanding common stock, or approximately 15.8% assuming full exercise of the underwriter's option to purchase additional shares. The remaining shares beneficially owned by JAB will be subject
Q3 Performance Led by Strong U.S. Refreshment Beverages and International Momentum Announced Acquisition of GHOST Advances Position in Attractive Energy Drink Space Company Reaffirms 2024 Constant Currency Net Sales and Adjusted EPS Outlook BURLINGTON, MA and FRISCO, TX, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today reported results for the third quarter of 2024 and reaffirmed its full year guidance. Reported GAAP Basis Adjusted Basis1 Q3 YTD Q3 YTD Net Sales $3.89 bn $11.28 bn $3.89 bn $11.28 bn % vs prior year 2.3 % 3.1 % 3.1 % 3.1 % Diluted EPS $0.45 $1.16 $0.51 $1.34 % vs prior year 21.6 % 10.5 % 6.3 % 8.1 % Commenting on the results, CEO Tim Cofer stated, "Three
Addition of fast-growing brand accelerates KDP's portfolio evolution towards consumer-preferred spaces Disciplined transaction creates win-win alignment between GHOST and KDP BURLINGTON, Mass., and FRISCO, Tex., and LAS VEGAS and CHICAGO, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) today announced that it has entered into a definitive agreement to acquire GHOST Lifestyle LLC and GHOST Beverages LLC (collectively "GHOST"). Founded in 2016, GHOST® is a lifestyle sports nutrition business with a portfolio anchored by GHOST® Energy, a leading ready-to-drink energy brand. GHOST's net sales have more than quadrupled over the past three years, and GHOST Energy is one of the fastest-
BURLINGTON, Mass. and FRISCO, Texas, Sept. 26, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) will release its financial results for the third quarter ended September 30, 2024 before the market opens on Thursday, October 24, 2024. The Company will also hold a conference call on Thursday, October 24, 2024 at 8:00 AM (ET) to discuss the results, which will be hosted by Tim Cofer, Chief Executive Officer, and Sudhanshu Priyadarshi, Chief Financial Officer and President, International. Investors and analysts may access the call by dialing (833) 629-0615 within the United States or Canada and (412) 317-1824 internationally and referencing the Keurig Dr Pepper call. A replay of the call
BURLINGTON, Mass. and FRISCO, Texas, Sept. 12, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) announced today that its Board of Directors has approved a 7.0% increase in its annualized dividend rate to $0.92 per share, from the current annualized rate of $0.86 per share, effective with the regular quarterly cash dividend also announced today. The increased regular quarterly cash dividend of $0.23 per share is payable in U.S. dollars on the Company's common stock on October 11, 2024 to shareholders of record on September 27, 2024. Investor Contacts: Investor RelationsT: 888-340-5287 / [email protected] Media Contact: Katie GilroyT: 781-418-3345 / [email protected] About Keurig Dr PepperK
Black Rifle Coffee Company (NYSE:BRCC) ("BRCC," "the company"), a rapidly-growing, mission-driven lifestyle brand and premium coffee company, today unveiled a long-term sales and distribution agreement with Keurig Dr Pepper Inc. (NASDAQ:KDP) ("KDP") for BRCC's new line of ready-to-drink Black Rifle Energy beverages. The deal matches BRCC's vast consumer appeal and authentically entertaining brand strategy with KDP's unique route-to-market advantage. Black Rifle Energy beverages provide a boost from naturally sourced caffeine fueled by BRCC's proprietary Black Rifle Energy Blend, presented in packaging that embodies the brand's identity and its commitment to quality, patriotism, and the mi
BURLINGTON, Mass. and FRISCO, Texas, Aug. 21, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today announced that Tim Cofer, Chief Executive Officer, and Sudhanshu Priyadarshi, Chief Financial Officer and President, International, will participate in a fireside chat at the Barclays Global Consumer Staples Conference on September 4, 2024 at 8:15 AM ET. Access to a live webcast of the event will be available on the Company's corporate website, www.keurigdrpepper.com. For those unable to join the live webcast, a recorded version of the event, as well as a transcript, will be made available through the Investors section of KDP's website. Investor Contacts: Investor RelationsT: 888-340-5
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Citigroup upgraded Keurig Dr Pepper from Neutral to Buy and set a new price target of $43.00 from $36.00 previously
Exane BNP Paribas initiated coverage of Keurig Dr Pepper with a rating of Neutral and set a new price target of $36.00
Truist upgraded Keurig Dr Pepper from Sell to Hold and set a new price target of $34.00 from $27.00 previously
Morgan Stanley downgraded Keurig Dr Pepper from Overweight to Equal-Weight and set a new price target of $37.00
HSBC Securities initiated coverage of Keurig Dr Pepper with a rating of Hold and set a new price target of $37.00
Jefferies initiated coverage of Keurig Dr Pepper with a rating of Buy and set a new price target of $39.00
UBS upgraded Keurig Dr Pepper from Neutral to Buy and set a new price target of $42.00 from $37.00 previously
JP Morgan reiterated coverage of Keurig Dr Pepper with a rating of Overweight and set a new price target of $36.00 from $39.00 previously
Morgan Stanley upgraded Keurig Dr Pepper from Equal-Weight to Overweight and set a new price target of $37.00
Citigroup initiated coverage of Keurig Dr Pepper with a rating of Neutral and set a new price target of $37.00
Q3 Performance Led by Strong U.S. Refreshment Beverages and International Momentum Announced Acquisition of GHOST Advances Position in Attractive Energy Drink Space Company Reaffirms 2024 Constant Currency Net Sales and Adjusted EPS Outlook BURLINGTON, MA and FRISCO, TX, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today reported results for the third quarter of 2024 and reaffirmed its full year guidance. Reported GAAP Basis Adjusted Basis1 Q3 YTD Q3 YTD Net Sales $3.89 bn $11.28 bn $3.89 bn $11.28 bn % vs prior year 2.3 % 3.1 % 3.1 % 3.1 % Diluted EPS $0.45 $1.16 $0.51 $1.34 % vs prior year 21.6 % 10.5 % 6.3 % 8.1 % Commenting on the results, CEO Tim Cofer stated, "Three
Addition of fast-growing brand accelerates KDP's portfolio evolution towards consumer-preferred spaces Disciplined transaction creates win-win alignment between GHOST and KDP BURLINGTON, Mass., and FRISCO, Tex., and LAS VEGAS and CHICAGO, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) today announced that it has entered into a definitive agreement to acquire GHOST Lifestyle LLC and GHOST Beverages LLC (collectively "GHOST"). Founded in 2016, GHOST® is a lifestyle sports nutrition business with a portfolio anchored by GHOST® Energy, a leading ready-to-drink energy brand. GHOST's net sales have more than quadrupled over the past three years, and GHOST Energy is one of the fastest-
BURLINGTON, Mass. and FRISCO, Texas, Sept. 26, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) will release its financial results for the third quarter ended September 30, 2024 before the market opens on Thursday, October 24, 2024. The Company will also hold a conference call on Thursday, October 24, 2024 at 8:00 AM (ET) to discuss the results, which will be hosted by Tim Cofer, Chief Executive Officer, and Sudhanshu Priyadarshi, Chief Financial Officer and President, International. Investors and analysts may access the call by dialing (833) 629-0615 within the United States or Canada and (412) 317-1824 internationally and referencing the Keurig Dr Pepper call. A replay of the call
BURLINGTON, Mass. and FRISCO, Texas, Sept. 12, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) announced today that its Board of Directors has approved a 7.0% increase in its annualized dividend rate to $0.92 per share, from the current annualized rate of $0.86 per share, effective with the regular quarterly cash dividend also announced today. The increased regular quarterly cash dividend of $0.23 per share is payable in U.S. dollars on the Company's common stock on October 11, 2024 to shareholders of record on September 27, 2024. Investor Contacts: Investor RelationsT: 888-340-5287 / [email protected] Media Contact: Katie GilroyT: 781-418-3345 / [email protected] About Keurig Dr PepperK
Net Sales Led by Double-Digit Growth in International and Solid U.S. Refreshment Beverages PerformanceCompany Continues to Expect On-Algorithm Net Sales and Adjusted EPS Growth in 2024 BURLINGTON, Mass. and FRISCO, Texas, July 25, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today reported results for the second quarter of 2024 and reaffirmed its full year guidance. Reported GAAP Basis Adjusted Basis1 Q2 YTD Q2 YTD Net Sales $3.92 bn $7.39 bn $3.92 bn $7.39 bn % vs prior year 3.5 % 3.5 % 3.4 % 3.1 % Diluted EPS $0.38 $0.70 $0.45 $0.84 % vs prior year 5.6 % 1.4 % 7.1 % 9.2 % Commenting on the quarter, CEO Tim Cofer stated, "Our second quarter results were healthy, with accelerating
BURLINGTON, Mass. and FRISCO, Texas, June 27, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) will release its financial results for the second quarter ended June 30, 2024 before the market opens on Thursday, July 25, 2024. The Company will also host a conference call on Thursday, July 25, 2024 at 8:00 AM (ET) to discuss the results with members of the investment community. Investors and analysts may access the call by dialing (833) 629-0615 within the United States or Canada and (412) 317-1824 internationally and referencing the Keurig Dr Pepper call. A replay of the call will be available, beginning July 25, 2024 at approximately 11:00 AM (ET) until August 8, 2024 by dialing (877
BURLINGTON, Mass. and FRISCO, Texas, May 15, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.215 per share, payable in U.S. dollars, on the Company's common stock. The regular quarterly dividend will be paid on July 12, 2024 to shareholders of record on June 28, 2024. Investor Contacts: Investor Relations T: 888-340-5287 / [email protected] Media Contact: Katie Gilroy T: 781-418-3345 / [email protected] About Keurig Dr PepperKeurig Dr Pepper (NASDAQ:KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution
BURLINGTON, Mass. and FRISCO, Texas, March 28, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) will release its financial results for the first quarter ended March 31, 2024 before the market opens on Thursday, April 25, 2024. The Company will also host a conference call on Thursday, April 25, 2024 at 8:00 AM (ET) to discuss the results with members of the investment community. Investors and analysts may access the call by dialing (833) 629-0615 within the United States or Canada and (412) 317-1824 internationally and referencing the Keurig Dr Pepper call. A replay of the call will be available, beginning April 25, 2024 at approximately 11:00 AM (ET) until May 09, 2024, by dialing (
BURLINGTON, Mass. and FRISCO, Texas, Feb. 6, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.215 per share, payable in U.S. dollars, on the Company's common stock. The regular quarterly dividend will be paid on April 12, 2024 to shareholders of record on March 29, 2024. Investor Contacts: Jane Gelfand T: 888-340-5287 / [email protected] Chethan Mallela T: 888-340-5287 / [email protected] Media Contact: Katie Gilroy T: 781-418-3345 / [email protected] About Keurig Dr PepperKeurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than
BURLINGTON, Mass. and FRISCO, Texas, Jan. 25, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) will release its financial results for the fourth quarter and full year ended December 31, 2023 before the market opens on Thursday, February 22, 2024. The Company will also host a conference call on Thursday, February 22, 2024 at 7:45 AM (ET) to discuss the results with members of the investment community. Investors and analysts may access the call by dialing (833) 629-0615 within the United States or Canada and (412) 317-1824 internationally and referencing the Keurig Dr Pepper call. A replay of the call will be available, beginning February 22, 2024 at approximately 11:00 AM (ET) until Ma
Keurig Dr Pepper (NASDAQ:KDP) reported quarterly earnings of $0.45 per share which met the analyst consensus estimate. The company reported quarterly sales of $3.92 billion which beat the analyst consensus estimate of $3.91 billion by 0.13 percent. This is a 3.46 percent increase over sales of $3.79 billion the same period last year.
Barclays analyst Lauren Lieberman maintains Keurig Dr Pepper (NASDAQ:KDP) with a Overweight and lowers the price target from $38 to $37.
Keurig Dr Pepper's (NYSE:KDP) short percent of float has risen 14.61% since its last report. The company recently reported that it has 21.62 million shares sold short, which is 2.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.48 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter
Tighter bean supplies are leading to higher costs for coffee, that popular beverage imbibed worldwide for its awakening effect. The most-active contract for the arabica variety fell nearly 2% to $2.450 a pound in New York after rising Tuesday to the highest since early 2022, Bloomberg reported. Still, prices remain about 30% higher in 2024 as shortages of the cheaper robusta variety bolster demand for higher-end arabica, favored by Starbucks Corp. (NASDAQ:SBUX) and Nestle SA’s (OTC:NSRGY) Nespresso brands. Robusta coffee production in major growers Vietnam and Indonesia dropped this year, leaving roasters scrambling for beans, Giuseppe Lavazza, chairman of coffee roaster Luigi Lavazza
JP Morgan analyst Andrea Teixeira maintains Keurig Dr Pepper (NASDAQ:KDP) with a Overweight and lowers the price target from $37 to $36.
Keurig Dr Pepper (NASDAQ:KDP) has outperformed the market over the past 10 years by 2.57% on an annualized basis producing an average annual return of 13.35%. Currently, Keurig Dr Pepper has a market capitalization of $44.62 billion. Buying $100 In KDP: If an investor had bought $100 of KDP stock 10 years ago, it would be worth $347.44 today based on a price of $32.91 for KDP at the time of writing. Keurig Dr Pepper's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated con
Keurig Dr Pepper's (NYSE:KDP) short percent of float has risen 17.88% since its last report. The company recently reported that it has 18.89 million shares sold short, which is 1.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.91 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter
Company elevates digital-first capabilities as part of consumer-obsessed strategy BURLINGTON, Mass. and FRISCO, Texas, Nov. 11, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) announced the appointment of Drew Panayiotou as Chief Marketing Officer (CMO), U.S. Refreshment Beverages, effective today. Panayiotou brings a modern approach to marketing and a broad range of experience to the role, having led teams at agencies and across multiple industries, including beverages, technology, health care, retail and entertainment. Andrew Springate, who currently serves as CMO for U
Tim Cofer Appointed CEO & Board Member Effective April 26; Bob Gamgort to Serve as Executive ChairmanFollowing Strong Q1, Company Continues to Expect On-Algorithm 2024 Net Sales and Adjusted EPS Growth BURLINGTON, Mass. and FRISCO, Texas, April 25, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today reported results for the first quarter of 2024, reaffirmed its full year guidance, and announced the completion of its CEO succession process. Reported GAAP Basis Adjusted Basis1 Q1 Q1 Net Sales $3.47 bn $3.47 bn % vs prior year 3.4 % 2.8 % Diluted EPS $0.33 $0.38 % vs prior year — % 11.8 % Commenting on this final step in the CEO transition, which began in Fall 2023, Chairman and CEO
Tim Cofer joins Company as COO, will assume CEO role in Q2 2024 Chairman & CEO Bob Gamgort will guide transition and then serve as Executive Chairman BURLINGTON, Mass. and FRISCO, Texas, Sept. 20, 2023 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today announced the appointment of Tim Cofer as Chief Operating Officer, reporting to Chairman & CEO Bob Gamgort, as a key step in the Company's CEO succession plan. Cofer, who will join KDP on Nov. 6, 2023, will work side by side with Gamgort while in a COO capacity, with a planned transition to CEO in the second quarter of 2024. Gamgort will serve as Executive Chairman of KDP after the transition occurs. Cofer is a seasoned consumer pack
BURLINGTON, Mass. and FRISCO, Texas, Aug. 4, 2023 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) today announced the appointment of Monique Oxender as Interim Chief Corporate Affairs Officer, reporting to Chairman & CEO Bob Gamgort and joining the Executive Leadership Team (ELT). In this role, Oxender will oversee the Company's corporate responsibility, government affairs, corporate communications and internal communications work. She succeeds Maria Sceppaguercio, who had previously announced her planned retirement and will stay as an advisor to the Company through the end of year. Oxender has been with KDP for more than 11 years, most recently as Senior Vice President & Chief Sustainabili
BURLINGTON, Mass. and FRISCO, Texas, Dec. 5, 2022 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) today announced the appointment of Dr. Karin Rotem-Wildeman to the position of Chief Research & Development Officer, effective Jan. 9, 2023, reporting to Chairman & CEO Bob Gamgort. In this role, Rotem-Wildeman will lead product development, packaging innovation, flavor technology and associated R&D capabilities. She succeeds David Thomas, who is retiring from KDP after 16 years with the Company, as previously announced. Rotem-Wildeman joins KDP with 25 years of leadership experience driving product innovation and commercialization for leading global food and beverage companies as well as industr
BURLINGTON, Mass. and FRISCO, Texas, Nov. 17, 2022 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:KDP) today announced that Oray Boston, Worldwide President of Trauma, Extremities, Craniomaxillofacial and Animal Health at DePuy Synthes, the Orthopaedics Company of Johnson & Johnson, has been elected as a Director of the KDP Board, effective Nov. 14, 2022. During his 30-year tenure at Johnson & Johnson that has included leadership positions in operations, sales and marketing, Boston led cross-functional and cross-sector teams that delivered commercial growth and differentiated innovation. Prior roles held by Boston included President of Global Biosurgery, Vice President of Sales & Marketing and Wo
BURLINGTON, Mass. and FRISCO, Texas, Oct. 24, 2022 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today announced the appointment of Sudhanshu Priyadarshi to the position of Chief Financial Officer, effective Nov. 14, 2022. He will report to Chief Executive Officer Ozan Dokmecioglu and lead the Company's Finance and Information Technology organizations. Priyadarshi is a seasoned global finance, strategy and operations executive, with more than 20 years of leadership experience in the food & beverage, retail, pharmaceutical and logistics industries. He has spent the majority of his career at multi-national CPG and retail companies, namely PepsiCo and Walmart. Priyadarshi was most recent
Company Appoints New Chief Supply Chain Officer and Establishes Focused Supply Chain Leadership Roles in Coffee and Cold Beverages Realignment Expected to Drive Accelerated Enterprise-wide Productivity BURLINGTON, Mass. and FRISCO, Texas, Oct. 13, 2022 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today announced a strategic realignment of its supply chain structure, designed to strengthen focus, speed and accountability at the Business Unit level, while accelerating productivity across the enterprise. As part of the realignment, the Company promoted three KDP senior supply chain leaders into new roles, including naming a new Chief Supply Chain Officer to succeed Tony Milikin, who join
BURLINGTON, Mass. and FRISCO, Texas, July 19, 2022 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today announced changes to its executive leadership team, in advance of the Company's previously-announced CEO transition at the end of this month. As announced on April 5, 2022, Ozan Dokmecioglu will transition from the position of CFO & President, International to the position of CEO on July 29, at which time Chairman & CEO Bob Gamgort will transition to the role of Executive Chairman. Derek Hopkins, who currently serves as President, Cold Beverages and has broad responsibility for KDP's commercial functions, has decided to leave KDP at the end of 2022 to pursue family and personal interes
CFO Ozan Dokmecioglu to become CEO later this year CEO Bob Gamgort to remain Executive Chairman for two years to support the transition BURLINGTON, Mass. and FRISCO, Texas, April 5, 2022 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:KDP) today announced a CEO transition plan that leverages the successful partnership between Chairman & CEO Bob Gamgort and CFO Ozan Dokmecioglu to ensure continuity of the Company's leadership and strategic direction, while strengthening KDP's focus on deploying its exceptional discretionary free cash flow to create shareholder value. The KDP Board of Directors has appointed Ozan Dokmecioglu, currently Chief Financial Officer & President of International, as