Keurig Dr Pepper Inc. Announces Board and Executive Changes
Ticker: KDP · Form: 8-K · Filed: 2025-01-13T00:00:00.000Z
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: KDP
TL;DR
KDP board shakeup and exec comp changes filed. New director in, one out.
AI Summary
Keurig Dr Pepper Inc. announced on January 8, 2025, changes related to its board of directors and executive compensation. The filing details the departure of a director, the election of a new director, and updates to compensatory arrangements for certain officers. Specific names of departing and newly elected directors, along with details of the compensatory arrangements, are provided within the document.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or future performance expectations.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance and executive compensation matters, with no immediate financial implications disclosed.
Key Players & Entities
- Keurig Dr Pepper Inc. (company) — Registrant
- January 8, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 53 South Avenue, Burlington, Massachusetts 01803 (address) — Principal executive offices
- 781-418-7000 (phone_number) — Registrant's telephone number
FAQ
Who is the departing director from Keurig Dr Pepper Inc.'s board?
The filing indicates the departure of a director, but the specific name is not provided in the initial summary of the 8-K.
Who is the newly elected director to Keurig Dr Pepper Inc.'s board?
The filing states the election of a new director, but the specific name is not detailed in the provided summary.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated January 8, 2025.
What is the principal executive office address for Keurig Dr Pepper Inc.?
The principal executive offices are located at 53 South Avenue, Burlington, Massachusetts 01803.
What is the SIC code for Keurig Dr Pepper Inc.?
The Standard Industrial Classification (SIC) code for Keurig Dr Pepper Inc. is 2080, which corresponds to Beverages.
From the Filing
0001418135-25-000005.txt : 20250113 0001418135-25-000005.hdr.sgml : 20250113 20250113161335 ACCESSION NUMBER: 0001418135-25-000005 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250108 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250113 DATE AS OF CHANGE: 20250113 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: 25526510 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-20250108.htm 8-K kdp-20250108 0001418135 FALSE 0001418135 2025-01-08 2025-01-08 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): January 8, 2025 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. Andrew Archambault, the President, U.S. Refreshment Beverages of Keurig Dr Pepper Inc. (the “Company”) and a named executive officer in the Company’s 2024 Proxy Statement, resigned from his position effective January 13, 2025. Mr. Archambault will support the transition to his successor u