---
schema_version: "secwatch.filing_event.v1"
accession: "0001418135-23-000021"
form_type: "8-K"
ticker: "KDP"
cik: "0001418135"
company_name: "Keurig Dr Pepper Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:50:07.611611+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001418135-23-000021
- form_type: 8-K
- ticker: KDP
- cik: 0001418135
- company_name: Keurig Dr Pepper Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418135/000141813523000021/0001418135-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418135/000141813523000021/kdp-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001418135-23-000021
- JSON: https://secwatch.observer/filing/0001418135-23-000021.json
- Plain text: https://secwatch.observer/filing/0001418135-23-000021.txt

## Key facts
- Executive change
  Andrew Archambault changed role as President, US Refreshment Beverages at Keurig Dr Pepper Inc..
  - Action: promoted
  - Role: President, US Refreshment Beverages
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1418135/000141813523000021/0001418135-23-000021-index.htm
- Executive change
  Mauricio Leyva changed role as Group President at Keurig Dr Pepper Inc..
  - Role: Group President
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1418135/000141813523000021/0001418135-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.