Keurig Dr Pepper Inc. Reports Board and Executive Compensation Changes

Ticker: KDP · Form: 8-K · Filed: 2024-10-28T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

TL;DR

KDP board shakeup and exec pay adjustments filed today.

AI Summary

Keurig Dr Pepper Inc. announced on October 28, 2024, changes in its board of directors and executive compensation. Specifically, the company reported the departure of a director and adjustments to compensatory arrangements for certain officers. The filing details these changes as required by SEC regulations.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing reports routine corporate governance changes and does not indicate significant financial distress or operational issues.

Key Players & Entities

FAQ

What specific item is Keurig Dr Pepper Inc. reporting on October 28, 2024?

Keurig Dr Pepper Inc. is filing a Form 8-K to report on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

What is the date of the earliest event reported in this filing?

The date of the earliest event reported is October 28, 2024.

In which state is Keurig Dr Pepper Inc. incorporated?

Keurig Dr Pepper Inc. is incorporated in Delaware.

What is the principal executive office address for Keurig Dr Pepper Inc.?

The principal executive office address is 53 South Avenue, Burlington, Massachusetts 01803.

What is the telephone number for Keurig Dr Pepper Inc.?

The registrant's telephone number is 781-418-7000.

From the Filing

0001418135-24-000094.txt : 20241028 0001418135-24-000094.hdr.sgml : 20241028 20241028172555 ACCESSION NUMBER: 0001418135-24-000094 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241028 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241028 DATE AS OF CHANGE: 20241028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Keurig Dr Pepper Inc. CENTRAL INDEX KEY: 0001418135 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 753258232 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33829 FILM NUMBER: 241401985 BUSINESS ADDRESS: STREET 1: 53 SOUTH AVENUE CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 781-418-7000 MAIL ADDRESS: STREET 1: 53 SOUTH AVENUE CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: Dr Pepper Snapple Group, Inc. DATE OF NAME CHANGE: 20080108 FORMER COMPANY: FORMER CONFORMED NAME: CSAB Inc. DATE OF NAME CHANGE: 20071109 8-K 1 kdp-20241028.htm FORM 8-K DEPARTURE OF DIRECTOR kdp-20241028 0001418135 FALSE 0001418135 2024-10-28 2024-10-28 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 28, 2024 Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) Delaware   001-33829   98-0517725 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 53 South Avenue , Burlington , Massachusetts 01803 (Address of principal executive offices, including zip code) 781 - 418-7000 (Registrant’s telephone number including area code) Not Applicable (Former name or former address if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see  General Instruction A.2. below): ☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐      Pre-commencement communications pursuant to Rule 13e-14(c) under the Exchange Act (17 CFR 240.13e-14(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐ Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common stock KDP Nasdaq Stock Market LLC Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 28, 2024, Lubomira Rochet notified the Executive Chairman of the Board of Directors (the “Board”) of Keurig Dr Pepper Inc. (the “Company”) of her immediate resignation from the Board. Ms. Rochet's resignation did not result from any disagreeme

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