BURLINGTON, Mass. and FRISCO, Tex., Jan. 13,
2025 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ:
KDP) today announced several leadership appointments to continue to
drive its Company strategy and deliver on its vision of a beverage
for every need, anytime and anywhere.
"KDP is evolving our leadership structure to drive the next
phase of our growth," said Tim
Cofer, Chief Executive Officer. "We have been intentional
about building a deep bench of talent, and we are fortunate to have
leaders who are seasoned, forward-thinking and ready to step into
these critical roles."
The Company announced the following changes, effective
immediately, to its Executive Leadership Team:
Eric Gorli, President, U.S.
Refreshment Beverages. Gorli will oversee KDP's $9 billion liquid refreshment business, which
includes the carbonated soft drinks, still beverages and energy
portfolios in the U.S. He has nearly 30 years of experience in
the beverage industry, including nearly two decades in roles within
The Coca-Cola Company's system across both bottling operations and
Coca-Cola North America. Since joining KDP in 2015, Gorli has been
a key leader in commercialization efforts across the enterprise,
developing KDP's pricing, promotional and growth strategies, and
serving most recently as Chief Commercial Officer.
Sean Cronican, Chief Customer
Officer. With almost 30 years of sales experience,
Cronican will lead KDP's customer-facing teams for all of the
Company's customer partnerships in the U.S., including grocery,
mass, club, small format, fountain foodservice and e-commerce.
Having joined KDP in 2016, Cronican has held roles across sales and
commercial leadership and has built and deepened many of KDP's
critical customer relationships. Prior to KDP, Sean spent nearly 20
years with Abbott Nutrition.
Drew Panayiotou, Chief
Marketing Officer. Panayiotou, who joined KDP this past
November, expands his responsibilities to include Marketing for
both U.S. Refreshment Beverages and U.S. Coffee, along with
enterprise Marketing Services. With nearly three decades of sales,
marketing and general management experience, Panayiotou is
accelerating a digital-first marketing approach at KDP.
These three leaders join existing ELT members reporting directly
to CEO Tim Cofer. The roles of
the following ELT members remain unchanged:
- Mary Beth DeNooyer, Chief Human
Resources Officer
- Roger Johnson, Chief Supply
Chain Officer
- Patrick Minogue, President, U.S.
Coffee
- Monique Oxender, Chief Corporate
Affairs Officer
- Sudhanshu Priyadarshi, Chief
Financial Officer and President, International
- Dr. Karin Rotem-Wildeman, Chief
Research & Development Officer
- Anthony Shoemaker, Chief Legal
Officer & General Counsel 
Additionally, the Company is taking steps to seize the growth
opportunity in the energy category. Through a series of brand
and infrastructure investments over the last several years, KDP has
significantly increased its category market share, and its energy
portfolio now generates more than $1
billion in retail sales. To realize the substantial growth
ahead, Justin Whitmore is
appointed to the newly created role of President, KDP
Energy, overseeing KDP's energy brand portfolio, including
marketing, sales, operations and integration, reporting to
Eric Gorli.
After supporting the transition to this new organizational
structure, Andrew
Archambault, currently, President, U.S. Refreshment
Beverages, will depart KDP on January
31 for an opportunity outside the Company. Archambault
helped build KDP's commercial strategy in the years following the
merger and held a number of critical leadership roles during his
seven years with the Company.
About Keurig Dr Pepper
Keurig Dr Pepper (Nasdaq: KDP)
is a leading beverage company in North
America, with a portfolio of more than 125 owned, licensed
and partner brands and powerful distribution capabilities to
provide a beverage for every need, anytime, anywhere. With annual
revenue of approximately $15 billion,
we hold leadership positions in beverage categories including soft
drinks, coffee, tea, water, juice and mixers, and have the #1
single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model
builds emerging growth platforms in categories such as premium
coffee, energy, sports hydration and ready-to-drink coffee. Our
brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®,
Snapple®, Peñafiel®, 7UP®, Green Mountain Coffee Roasters®,
Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a
purpose to Drink Well. Do Good., our 28,000 employees aim to
enhance the experience of every beverage occasion and to make a
positive impact for people, communities and the planet. For more
information, visit www.keurigdrpepper.com and follow us on
LinkedIn.
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.
Investors:
Investor Relations
Keurig Dr Pepper
T: 888-340-5287 / IR@kdrp.com
Media:
Katie Gilroy
Keurig Dr Pepper
T: 781-418-3345 / katie.gilroy@kdrp.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-evolves-executive-leadership-team-in-support-of-growth-strategy-302349734.html
SOURCE Keurig Dr Pepper
