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 recently CFO at Vista Outdoor Inc., overseeing all financial management
and strategic planning for the sporting and outdoor goods company
during a period of significant organic and inorganic
growth.
"Sudhanshu's impressive financial management experience at
leading companies, combined with his strategic and operational
savvy, makes him the ideal executive for this critical role," said
Dokmecioglu. "He will be a strategic partner to our team, as
we deliver against our commitments, scale our business for growth
and continue to successfully navigate the complex macro
environment. We are thrilled to welcome him to KDP."
"I am delighted to join KDP at such an exciting time in the
Company's journey," added Priyadarshi. "I look forward to working
closely with Ozan and the entire executive team to continue driving
organic growth while pursuing opportunities to deliver above-plan
value creation through strategic allocation of KDP's
industry-leading free cash flow generation."
Priyadarshi started his career at PepsiCo, where he spent 14
years in financial and corporate strategy roles, including as CFO
of Global R&D & PepsiCo Global Nutrition Platforms.
Following PepsiCo, he moved to Cipla, a top-10 global generic
pharmaceutical company, where he was Global Chief Operating
Officer, leading the company's 14,000 employees in 80 countries and
successfully executing more than 20
M&A transactions. Priyadarshi then joined Walmart,
serving as Vice President of Finance and Strategy for the
$100 billion General Merchandise and
Softlines division, and then Vice President of Finance for the
growing U.S. ecommerce business. He left Walmart to become CFO of
Flexport, a worldwide provider of logistics solutions.
KDP Contacts
Steve Alexander (Investors)
T: 972-673-6769 / steve.alexander@kdrp.com
Chethan Mallela (Investors)
T: 646-620-8761 / chethan.mallela@kdrp.com
Katie Gilroy (Media)
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 approaching $13
billion and approximately 27,000 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.
FORWARD LOOKING STATEMENTS
Certain statements contained herein are "forward-looking
statements" within the meaning of applicable securities laws and
regulations. These forward-looking statements can generally be
identified by the use of words such as "outlook," "guidance,"
"anticipate," "expect," "believe," "could," "estimate," "feel,"
"forecast," "intend," "may," "plan," "potential," "project,"
"should," "target," "will," "would," and similar words.
Forward-looking statements by their nature address matters that
are, to different degrees, uncertain. These statements are based on
the current expectations of our management, are not predictions of
actual performance, and actual results may differ materially.
Forward-looking statements are subject to a number of risks and
uncertainties, including the factors disclosed in our Annual Report
on Form 10-K and subsequent filings with the SEC. We are under no
obligation to update, modify or withdraw any forward-looking
statements, except as required by applicable law.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-appoints-chief-financial-officer-301656984.html
SOURCE Keurig Dr Pepper Inc.