Keurig Dr Pepper names Russ Torres CEO of future Global Coffee Co., effective Nov. 3

Keurig Dr Pepper Inc.

Russ Torres, currently President and COO of Kimberly-Clark (NYSE: KMB), joins KDP on Nov. 3, 2026, and will lead integration of KDP's and JDE Peet's coffee operations.
Torres will report to KDP CEO Tim Cofer, who becomes CEO of Beverage Co. following the separation targeted for early 2027.
Upon separation, Global Coffee Co. is expected to generate approximately $16 billion in annual revenue, employ more than 25,000 people and serve over 100 markets.
Board Chairman Pamela Patsley said Torres emerged as the clear choice after a rigorous global search; he will also join the future Global Coffee Co. board.
Torres spent 30 years in consumer goods, including roles at Kimberly-Clark, Newell Brands, Bain & Company and Mondelēz International.

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