KDP promotes Andrew Archambault to President, US Refreshment Beverages; Leyva to advisory role

Keurig Dr Pepper Inc.

Mauricio Leyva transitions from Group President to advisory role for Robert Gamgort and Timothy Cofer in 2024.
Andrew Archambault promoted to President, US Refreshment Beverages effective November 6, 2023.
Archambault receives $750k base salary, 80% target annual bonus, and $1.5M LTIP target.
Archambault granted $2M RSU award vesting in quarterly installments over four years.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Andrew Archambault

President, US Refreshment Beverages

KDP · Keurig Dr Pepper Inc.

Effective: 2023-11-06
Filed: November 2, 2023, 7:59 PM ET

On October 31, 2023, the Company entered into a letter agreement with Andrew Archambault, a named executive officer in the Company’s 2023 Proxy Statement, in connection with his promotion from President, Commercial & Beverage Concentrates to President, US Refreshment Beverages effective as of November 6, 2023.

Role change

Mauricio Leyva

Group President

KDP · Keurig Dr Pepper Inc.

Filed: November 2, 2023, 7:59 PM ET

Mr. Leyva will remain in his current role with the Company through December 31, 2023, following which he will transition to an advisory role to Robert Gamgort and Timothy Cofer in 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew Archambault changed role as President, US Refreshment Beverages at Keurig Dr Pepper Inc..

Action: promoted
Role: President, US Refreshment Beverages

Exact text from the filing

On October 31, 2023, the Company entered into a letter agreement with Andrew Archambault, a named executive officer in the Company’s 2023 Proxy Statement, in connection with his promotion from President, Commercial & Beverage Concentrates to President, US Refreshment Beverages effective as of November 6, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mauricio Leyva changed role as Group President at Keurig Dr Pepper Inc..

Role: Group President

Exact text from the filing

Mr. Leyva will remain in his current role with the Company through December 31, 2023, following which he will transition to an advisory role to Robert Gamgort and Timothy Cofer in 2024.

View on SEC.gov

Keurig Dr Pepper Inc. filing history →

Source: SEC EDGAR

accession 0001418135-23-000021

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