Coffee Service
Keurig Dr Pepper announces management changes
July 19, 2022
Keurig Dr Pepper Inc. announced changes to its executive leadership team in advance of the company's previously announced CEO transition at the end of this month.
As announced on April 5, 2022, Ozan Dokmecioglu will transition from the position of CFO and president, international to the position of CEO on July 29, at which time Chairman and CEO Bob Gamgort will transition to the role of executive chairman. Changes include:
- Derek Hopkins, who currently serves as president, cold beverages and has broad responsibility for KDP's commercial functions, has decided to leave KDP at the end of 2022 to pursue family and personal interests. He will continue to serve in an advisory role in 2023 to Gamgort and Dokmecioglu. The company has decided to separate Hopkins' current role into two — president, commercial and a more focused president, cold beverages role. KDP has launched an external search for a new president, cold beverages, and expects to fill the role prior to the end of the year.
- Andrew Archambault, currently chief customer officer, has been promoted to the president, commercial role, effective Aug. 1, reporting to Dokmecioglu.
- Mauricio Leyva, who currently serves as president, coffee, will assume an expanded role as group president, effective Aug. 1.
- David Thomas, who currently serves as chief research and development officer, will retire upon the naming of his successor. An external search is underway.
At the time of the CEO transition announcement, the company launched an external search process for a CFO to replace Dokmecioglu. To ensure full coverage during the transition, effective July 29, George Lagoudakis, who currently serves as senior vice president of finance for cold beverages, has been appointed to the interim role of KDP CFO, reporting to Dokmecioglu.
