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Form 8-K · Current Report · Filed 2025-04-25

Keurig Dr Pepper Announces Leadership Transition and New Board Appointments

On April 21, 2025, Keurig Dr Pepper Inc.'s Board of Directors approved the transition of Robert Gamgort from Executive Chairman to non-employee Chairman of the Board, effective April 24, 2025.

Filer
Keurig Dr Pepper Inc. KDP · NASDAQ
Filed
Accession
0001418135-25-000064
CIK
0001418135
Signal
High impactConsumer Defensive

Details

Additionally, the Board expanded to ten members with the appointments of Michael Van de Ven and Lawson Whiting as independent directors, also effective April 24, 2025. Mr. Van de Ven was appointed to the Audit and Finance Committee, and Mr. Whiting to the Remuneration and Nomination Committee.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed Key Executive Appointment New CEO Appointed

Market reaction

Close before filing

$34.46

Next session

-1.2%

Since filing

-9.7%

Latest close

$31.12

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from KDP reporting the same item, with the next session's move:

About Keurig Dr Pepper Inc.

Keurig Dr Pepper Inc. is a leading beverage company that operates in the non-alcoholic beverage industry. Formed from the merger of Keurig Green Mountain and Dr Pepper Snapple Group, this company combines a diverse portfolio of hot and cold beverages. Keurig Dr Pepper offers a wide range of products, including carbonated soft drinks, ready-to-drink teas, juice drinks, mixers, and single-serve coffee systems. Brands under its umbrella include household names like Dr Pepper, Snapple, 7UP, and Keurig. With a unique hybrid business model, the company has a strong presence in both the beverage and home coffee brewer markets. It serves a vast market across North America through various distribution channels including retailers, vending machines, and online platforms. Keurig Dr Pepper's innovative product offerings and robust distribution network make it a significant player in the consumer goods sector, influencing beverage consumption trends and taste preferences.

Exchange NASDAQ Industry Beverages - Non-Alcoholic Company website ↗

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