Keurig Dr Pepper

CEO Tim Cofer (ex‑Central Garden & Pet CEO; long Mondelez/Kraft tenure) has leaned into a focused strategy: strengthen beverages, stabilize coffee and execute a transformative coffee combination then separation.

The Board named Rafael Oliveira (JDE Peet’s CEO) to lead the future Global Coffee Co, aligning leadership with format breadth and global reach. The team has reaffirmed guidance during transition and arranged financing to maintain investment‑grade ambitions. Execution on integration, synergy capture and a clean spin will be the critical tests.