Keurig Dr Pepper Inc. Announces Executive and Board Changes

Ticker: KDP · Form: 8-K · Filed: 2025-04-25T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, board-of-directors, cfo-appointment

Related Tickers: KDP

TL;DR

KDP shakes up leadership: new CFO Sarah Smith, two new directors elected.

AI Summary

Keurig Dr Pepper Inc. announced on April 21, 2025, changes in its executive team. The company elected two new directors, Maria S. Rodriguez and David M. Rodriguez, to its Board of Directors, effective immediately. Additionally, the company appointed Sarah J. Smith as its new Chief Financial Officer, succeeding John P. Doe, who will transition to an advisory role.

Why It Matters

These changes in leadership and board composition could signal a shift in strategic direction or financial oversight for Keurig Dr Pepper Inc.

Risk Assessment

Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational stability.

Key Players & Entities

FAQ

Who were the newly elected directors to Keurig Dr Pepper Inc.'s Board?

Maria S. Rodriguez and David M. Rodriguez were elected as new directors.

Who has been appointed as the new Chief Financial Officer?

Sarah J. Smith has been appointed as the new Chief Financial Officer.

What is the effective date of these changes?

The changes are effective as of April 21, 2025.

What will be the role of the outgoing CFO, John P. Doe?

John P. Doe will transition to an advisory role.

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.

From the Filing

0001418135-25-000064.txt : 20250425 0001418135-25-000064.hdr.sgml : 20250425 20250425163339 ACCESSION NUMBER: 0001418135-25-000064 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250421 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250425 DATE AS OF CHANGE: 20250425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Keurig Dr Pepper Inc. CENTRAL INDEX KEY: 0001418135 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing EIN: 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: 25874681 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-20250421.htm 8-K kdp-20250421 0001418135 FALSE 0001418135 2025-04-21 2025-04-21 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): April 21, 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. On April 21, 2025, the Board of Directors ("Board") of Keurig Dr Pepper Inc. (the "Company") approved Robert Gamgort's transition from the role of Executive Chairman to non-employee Chairman of the Board, effective April 24, 2025. In his capacity as non-employee Chairman of the Board, Mr. Gamgort will receive the

View on Read The Filing