In a multifaceted agreement, Keurig Dr Pepper Inc. and coffee roaster La Colombe have announced a strategic partnership, including a long-term sales and distribution arrangement covering the La Colombe ready-to-drink coffee line, as well as a long-term licensing,...
First quarter sales in the U.S. Coffee Segment at Keurig Dr Pepper declined slightly year over year as consumer coffee consumption has returned to what the company said are more normal levels after at-home gains during the COVID-19 pandemic. Keurig Dr Pepper (KDP) as...
Keurig Dr. Pepper (KDP) reported veteran company leader Bob Gamgort was reappointed CEO after the resignation of Ozan Dokmecioglu from the CEO position he began in July. Dokmecioglu agreed to resign because of violations of KDP’s code of conduct unrelated to strategy,...
Keurig Dr. Pepper reported net second-quarter sales from its coffee systems gained 8.5% year over year to $1.2 billion, compared to $1.1 billion for the same period in 2021. Net sales from coffee systems for the period on a constant currency basis increased year over...
Keurig Dr Pepper announced a leadership transition plan whereby CFO Ozan Dokmecioglu will become CEO effective July 29, 2022. Bob Gamgort, currently chairman and CEO, will serve as executive chairman of Keurig Dr Pepper (KDP) for two years. Dokmecioglu will also join...
