Lawson Whiting
appointed Michael Van de Ven and Lawson Whiting as independent members of the Board, effective April 24, 2025.
Highest-materiality recent filing
KDP and JDEP Coffee enter cross-guarantee for debt; termination tied to separation
JDEP Coffee guaranteed KDP's Maple Notes (€3.0B + $2.55B) and Delayed Draw Term Loan (up to €10.35B).
Keurig Dr Pepper declares $0.23 quarterly dividend payable July 10, 2026
Quarterly dividend of $0.23 per share declared by the Board of Directors.
KDP Q1 net sales up 9.4% to $4.0B; GAAP EPS $0.20, adjusted EPS $0.39, reaffirms 2026 guidance
GAAP diluted EPS of $0.20 decreased 47.4% YoY; adjusted diluted EPS of $0.39 decreased 7.1%.
Acquired 96.22% (466.7M shares) of JDE Peet's for €31.85/share; total consideration ~€14.86B.
KDP subsidiary issues €3.0B and $2.55B in notes to finance JDE Peet's acquisition
Maple Parent Holdings issued €3.0B in euro notes (4 tranches, 3.495%-4.728%) and $2.55B in USD notes (4 tranches, 4.750%-6.625%).
KDP prices $2.55B USD and €3.0B notes to fund JDE Peet's acquisition
Priced $2.55B USD notes in four tranches (2029-2056) with rates from 4.750% to 6.625%.
KDP amends term loan for JDE Peet's acquisition; discloses KDP Coffee Co financials
Amendment adds Maple Parent Holdings as co-borrower; KDP will be released upon Separation.
KDP Q4/FY2025 results in line; board chair transition to Patsley; 2026 low-double-digit EPS growth
Full year net sales $16.6B (+8.6% constant currency); adjusted EPS $2.05, up 7.3%.
KDP updates JDE Peet's financing: upsizes convertible preferred to $4.5B, no Beverage Co. IPO
JDE Peet's acquisition targeted for early April 2026; projected combined net leverage of 4.5x as of June 30, 2026.
Keurig Dr Pepper adds two independent directors, restructures board committees
Board size increased to 11; William Newlands and Amie Thuener appointed as independent directors effective March 2, 2026.
Keurig Dr Pepper declares regular quarterly dividend of $0.23 per share
Dividend of $0.23 per share, payable on April 10, 2026, to shareholders of record March 27, 2026.
364-day term loan facility: up to €10.35B, interest margin EURIBOR + 0.75%-1.75% based on credit ratings.
Keurig Dr Pepper declares $0.23 quarterly dividend, payable Jan 16, 2026
Regular quarterly dividend of $0.23 per share declared by the Board of Directors.
KDP appoints Anthony DiSilvestro as CFO, effective Nov 25, 2025
Anthony DiSilvestro, former CFO of Mattel and Campbell Soup, becomes CFO effective Nov 25, 2025.
Court denies class certification in KDP antitrust litigation; plaintiffs seek appeal
SDNY denied direct purchaser plaintiffs' motion for class certification in multi-district antitrust litigation.
Issues 3M shares of 4.75% Series A Convertible Perpetual Preferred at $1,000/share for $3B to KKR and Apollo.
Q3 GAAP EPS $0.49 (+8.9% YoY); adjusted EPS $0.54 (+5.9%); net sales $4.31B (+10.7% / +10.6% constant currency); free cash flow $528M.
$7B strategic investment co-led by Apollo (APO) and KKR to reduce projected net leverage at close to 4.6x (1.0x lower).
Olivier Lemire promoted to President, U.S. Coffee at Keurig Dr Pepper; Minogue to aid transition
Olivier Lemire appointed President, U.S. Coffee; previously led Canadian business since 2011.
Keurig Dr Pepper declares regular Q3 dividend of $0.23 per share
Quarterly cash dividend of $0.23 per share declared by Board of Directors.
KDP to acquire JDE Peet's for €31.85/sh, then separate into two companies
Total equity consideration of €15.7B; 33% premium to JDE Peet's 90-day VWAP.
Keurig Dr Pepper appoints U.S. Bank as trustee replacing Computershare under two indentures
U.S. Bank appointed as trustee, paying agent and registrar for indentures dated Dec 15, 2009 and May 25, 2018.
KDP Q2 2025 net sales $4.16B (+6.1%), adj. EPS $0.49 (+11.1%), FY guide reaffirmed
Q2 net sales $4.16B, up 6.1% (7.2% constant currency) driven by volume/mix +5.0% and net price +2.2%.
Reaffirmed constant currency net sales growth in mid-single-digit range for FY 2025.
KDP shareholders elect all 9 director nominees, approve say-on-pay and auditor ratification
All nine director nominees elected; Pamela Patsley received most votes against (51.1 million).
Keurig Dr Pepper declares $0.23 quarterly dividend payable July 11, 2025
Quarterly cash dividend of $0.23 per share declared by Board of Directors.
KDP issues $2B in senior notes; JAB sells 75M shares in secondary offering
Issued $2.0B aggregate principal of senior unsecured notes across four tranches: floating rate due 2026, 4.350% due 2028, 4.600% due 2030, and 5.150% due 2035.
Keurig Dr Pepper issues $2B in senior notes for general corporate purposes
Issued $500M Floating Rate Notes due 2026, $500M 4.350% Notes due 2028, $500M 4.600% Notes due 2030, $500M 5.150% Notes due 2035.
Keurig Dr Pepper announces chairman transition and two new independent directors
Robert Gamgort transitions from Executive Chairman to non-employee Chairman effective April 24, 2025.
KDP Q1 net sales up 4.8% to $3.64B; adj. EPS $0.42 (+10.5%); reaffirms FY guidance
GAAP diluted EPS $0.38 (+15.2%); adjusted diluted EPS $0.42 (+10.5%).
Keurig Dr Pepper enters new $4B credit facility maturing 2030, replaces prior agreement
$4B unsecured revolving credit facility with maturity March 31, 2030.
JAB BevCo completes $2.7B secondary offering of 83.95M KDP shares; three directors resign
JAB BevCo sold 83.95M shares (73M base + 10.95M over-allotment) in public secondary offering closing Feb 28, 2025.
KDP Q4 adj EPS $0.58, FY adj EPS $1.92; guides 2025 high-single-digit adj EPS growth
Full-year net sales $15.35B (+3.6% GAAP, +3.9% constant currency); Q4 net sales $4.07B (+5.2%, +6.2% constant currency).
Keurig Dr Pepper declares $0.23 quarterly dividend payable April 11, 2025
Dividend of $0.23 per share declared for Q4 2024.
Keurig Dr Pepper President U.S. Refreshment Beverages Andrew Archambault resigns
Resignation effective Jan 13, 2025; Archambault departs company Jan 31, 2025 to pursue external opportunity.
Keurig Dr Pepper closes acquisition of 60% stake in GHOST Lifestyle
ABC, a KDP subsidiary, closed the transaction on Dec 31, 2024, acquiring 60% equity of Ghost Lifestyle and Ghost Beverages.
KDP declares $0.23/share quarterly dividend, payable Jan 17
Regular quarterly cash dividend of $0.23 per share declared.
JAB BevCo completes $2.3B secondary offering of 69M Keurig Dr Pepper shares
Selling stockholder JAB BevCo sold 60M shares plus 9M option shares exercised in full on Oct 29, 2024.
Board member Lubomira Rochet resigns; Frank Engelen appointed immediate
Lubomira Rochet resigned from the Board effective Oct 28, 2024, with no disagreement.
Keurig Dr Pepper enters $1.25B term loan agreement for general corporate purposes
Term loan of $1.25B in two tranches: $1B due Apr 2026, $250M due Feb 2027.
KDP Q3 adj EPS $0.51 (+6.3% YoY), reaffirms FY guidance; announces GHOST acquisition
Q3 net sales $3.89B, +2.3% GAAP (+3.1% constant currency); adj diluted EPS $0.51 vs $0.48 prior year.
KDP acquires 60% stake in GHOST Energy for ~$990M; second stage in 2028
KDP to acquire 60% stake in GHOST Lifestyle for ~$990M; second stage to purchase remaining 40% in 2028 based on 2027 performance.
Keurig Dr Pepper raises quarterly dividend 7.0% to $0.23/share; annualized $0.92
Annualized dividend increased 7.0% to $0.92 per share from $0.86.
Keurig Dr Pepper Q2 2024: Net Sales $3.92B (+3.5%); reaffirms fiscal 2024 guidance
GAAP diluted EPS $0.38, adjusted diluted EPS $0.45; adjusted EPS up 7.1% YoY.
Keurig Dr Pepper shareholders elect all 11 director nominees, approve say-on-pay
All 11 director nominees elected with strong support; highest vote against was Paul Michaels with ~9.9% against.
Keurig Dr Pepper declares Q2 2024 quarterly dividend of $0.215/share
Regular quarterly cash dividend of $0.215 per share declared by Board of Directors.
Net sales $3.47B (+3.4% GAAP, +2.8% constant currency); Adj. operating income +17.5% to $825M.
appointed Michael Van de Ven and Lawson Whiting as independent members of the Board, effective April 24, 2025.
On April 21, 2025, the Board of Directors ("Board") of Keurig Dr Pepper Inc. (the "Company") approved Robert Gamgort's transition from the role of Executive Chairman to non-employee Chairman of the Board, effective April 24, 2025.
appointed Michael Van de Ven and Lawson Whiting as independent members of the Board, effective April 24, 2025.
Andrew Archambault, the President, U.S. Refreshment Beverages of Keurig Dr Pepper Inc. (the “Company”) and a named executive officer in the Company’s 2024 Proxy Statement, resigned from his position effective January 13, 2025.
Also on October 28, 2024, the Board appointed Frank Engelen, Managing Partner and Chief Financial Officer of JAB Holding Company, as a member of the Board, effective immediately.
On October 28, 2024, Lubomira Rochet notified the Executive Chairman of the Board of Directors (the “Board”) of Keurig Dr Pepper Inc. (the “Company”) of her immediate resignation from the Board.
The Company also announced that Timothy Cofer has been appointed as Chief Executive Officer and as a member of the Board, effective April 26, 2024.
Robert Gamgort will step down from his position as the Company’s Chief Executive Officer and has been appointed Executive Chairman of the Board of Directors (the “Board”), effective April 26, 2024.
Max materiality 0.95 · Median 0.60 · Most common event dividend