Keurig Dr Pepper Poaches Vista Outdoor Finance Chief Priyadarshi

By Colin Kellaher

Keurig Dr Pepper Inc. on Monday said it named Sudhanshu Priyadarshi chief financial officer, effective Nov. 14, plucking the executive from Vista Outdoor Inc.

Keurig's previous finance chief, Ozan Dokmecioglu, earlier the year succeeded Bob Gamgort as chief executive, and the Burlington, Mass., beverage company had said it was looking to recruit a new chief financial officer.

Vista said Mr. Priyadarshi, who joined the Anoka, Minn., maker of sporting and outdoor products as chief financial officer in April 2020, will continue to fulfill his duties until his departure, including the release of the company's fiscal second-quarter results.

Vista said it has launched a formal search for a successor to Mr. Priyadarshi, adding that Andrew Keegan, currently vice president of finance and treasury, will serve as interim finance chief.

Keurig said Mr. Priyadarshi, 45 years old, will receive an annual base salary of $850,000 and will be eligible for an annual bonus with a target of 80% of his base pay.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

October 24, 2022 09:04 ET (13:04 GMT)

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