BURLINGTON, Mass. and
PLANO, Texas, Oct. 27, 2020 /PRNewswire/ -- Keurig Dr Pepper
Inc. (NASDAQ: KDP) today announced changes to its Executive
Leadership Team ("ELT") to further enhance speed-to-market and
decision effectiveness.
"Two and a half years since the launch of Keurig Dr Pepper, with
all key metrics delivered at or above our merger thesis, we have
the unique opportunity to leverage our deep bench of executive
talent to set up our management team for long term success," said
Chairman and CEO Bob Gamgort.
The following executive leadership changes result in broadened
operating roles and are effective on November 1, 2020:
- Fernando Cortes, Chief
Supply Chain Officer: In addition to his current supply
chain responsibilities, Cortes will assume leadership and oversight
for the beverage concentrate manufacturing operations under
development in Ireland.
- Ozan Dokmecioglu, Chief Financial Officer &
President, International: In addition to his current
finance and IT responsibilities, Dokmecioglu will assume leadership
for the Canadian and Mexican markets.
- Derek Hopkins,
President, Cold Beverages: In his new role, Hopkins,
currently Chief Commercial Officer, will assume expanded
responsibility for KDP's portfolio of cold beverages, including
brand marketing and innovation, all elements of KDP's broad
distribution network, customer management across KDP brands and
channels and all commercial functions.
- Mauricio Leyva, President,
Coffee: In his new role, Leyva, currently President,
International and Business Development, will lead KDP's coffee and
appliance portfolios, including brewer design, engineering and
supply chain, marketing and innovation for the Keurig brand and the
company's portfolio of owned and licensed coffee brands, the away
from home business and KDP's industry-leading e-commerce
platform.
- Andrew Springate, Chief
Marketing and Concentrate Officer: In addition to his
responsibilities as Chief Marketing Officer, Springate will assume
leadership for the beverage concentrate business, reporting to
Hopkins.
The roles of the following ELT members will
remain unchanged:
- Jim Baldwin, Chief Legal
Officer & General Counsel
- Mary Beth DeNooyer, Chief
Human Resources Officer
- Maria Sceppaguercio, Chief
Corporate Affairs Officer
- David Thomas, Chief
Research & Development Officer
Jim Trebilcock, currently Chief
Beverage Concentrate Officer with responsibility for the Company's
independent bottling network and concentrate business, will retire
at the end of this year. "Jim has been a key member of the legacy
Dr Pepper Snapple organization and a valued member of our KDP
management team. I'd like to congratulate Jim on a remarkable
36-year career in the beverage industry, 33 of which were with KDP
and predecessor companies, and wish him well in his retirement"
stated Gamgort.
Andrew Loucks, currently
President of Keurig Appliances, will be leaving the company at
year-end after supporting the transition to the new organizational
structure. "I'd like to thank Andrew for his contributions to
our Company and wish him much success in the future," stated
Gamgort.
Investor Contacts:
Tyson Seely
Keurig Dr Pepper
T: 781-418-3352 / tyson.seely@kdrp.com
Steve Alexander
Keurig Dr Pepper
T: 972-673-6769 / steve.alexander@kdrp.com
Media Contact:
Katie Gilroy
Keurig Dr Pepper
T: 781-418-3345 / katie.gilroy@kdrp.com
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in
North America, with annual revenue
in excess of $11 billion and nearly
26,000 employees. KDP holds leadership positions in soft drinks,
specialty coffee and tea, water, juice and juice drinks and mixers,
and markets the #1 single serve coffee brewing system in the U.S.
and Canada. The Company's
portfolio of more than 125 owned, licensed and partner brands is
designed to satisfy virtually any consumer need, any time, and
includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®,
Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut
Shop®. Through its powerful sales and distribution network, KDP can
deliver its portfolio of hot and cold beverages to nearly every
point of purchase for consumers. The Company is committed to
sourcing, producing and distributing its beverages responsibly
through its Drink Well. Do Good. corporate responsibility platform,
including efforts around circular packaging, efficient natural
resource use and supply chain sustainability. For more
information, visit, www.keurigdrpepper.com.
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SOURCE Keurig Dr Pepper