Keurig Dr Pepper
Burlington, California, United States · Food and Beverage, Food And Beverage, Food Processing
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. KDP holds leadership positions in liquid refreshment beverages, including soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's p
Key facts
- Headquarters
- Burlington, California, United States
- Employees
- 31,000
- Industries
- Food and Beverage, Food And Beverage, Food Processing
- Status
- Public (KDP)
- Website
- keurigdrpepper.com
- Company page
Recent activity at Keurig Dr Pepper
- : Keurig Dr Pepper Inc. Appoints Russ Torres as Chief Executive Officer
- : SEC 8-K (5.02): On October 1, 2026, Keurig Dr Pepper Inc. announced the appointment of Russ Torres as the Chief Executive Officer of its Coffee Operating Unit, which is part of the forthcoming separation of the Company’s coffee and beverage businesses. This appointment is expected to take effect on November 3, 2026. The strategic implication of this change includes the establishment of Global Coffee Co., a standalone entity resulting from the separation, which is anticipated to enhance focus and operational efficiency within the coffee sector. The announcement was made via a press release, which has been attached as an exhibit to the 8-K filing.
- : Keurig Dr Pepper Completes $800 Million Acquisition of Chobani Assets
- : SEC 8-K (2.01): On September 28, 2026, Keurig Dr Pepper Inc. announced the completion of significant transactions involving its subsidiaries DPS Holdings Inc. and Mott’s LLP with FHU US Holdings, LLC and its affiliates (Chobani). These included the redemption of the Company’s indirect equity interests in Chobani for $800 million, comprising $400 million in cash and a $400 million promissory note payable to a subsidiary of the Company, maturing on December 26, 2026. Additionally, the Company sold certain assets, including leasehold interests in two facilities in Allentown, Pennsylvania, for $125 million in cash. This strategic divestment and redemption illustrate Keurig Dr Pepper's focus on financial restructuring and repositioning its asset portfolio.
- : SEC 8-K (8.01): On September 16, 2026, Keurig Dr Pepper Inc. announced that its Board of Directors has declared a regular quarterly dividend of $0.23 per share on the Company’s common stock. This dividend is payable in U.S. dollars and will be distributed on October 9, 2026, to shareholders who are on record as of September 28, 2026. This decision reflects the Company's ongoing commitment to returning value to its shareholders and its strong financial position as evidenced by a consistent dividend policy.
- : Keurig Dr Pepper Acquires Indirect Equity Interests in Chobani for $800 Million
- : Keurig Dr Pepper Enhances Partnership with Chobani Through Strategic Investment and Facility Sale.
- : SEC 8-K (2.01): On August 28, 2026, Keurig Dr Pepper Inc. and its subsidiaries entered into definitive agreements with FHU US Holdings, LLC and affiliates for the redemption of indirect equity interests in Chobani for a total of $800 million. The consideration includes $400 million in cash at closing and a $400 million promissory note from Chobani to a subsidiary of Keurig, due by December 26, 2026. Additionally, the agreements involve the sale of leasehold interests in two facilities in Allentown, Pennsylvania, for $125 million. The completion of these transactions is anticipated in the third quarter of 2026, significantly enhancing Keurig's cash position and strategic focus.
- : Norman City Council Partners with Dr Pepper to Renovate Water Tower for 'Fansville' Campaign.
- : Keurig Dr Pepper Announces Retirement of Long-Term Controller Angela Stephens
Keurig Dr Pepper funding history
| Date | Round | Amount |
|---|---|---|
| Oct 2025 | Private Equity | $7.0B |
Leadership
- Elliott Mitchell, Sr. Director, Media Measurement
- Jeremy Jones, Senior Director, Human Resources, Direct Store Delivery (DSD)
- Sudhanshu Priyadarshi, Chief Financial Officer & President, International
- Russ Torres, Chief Executive Officer
- Russ Torres, Chief Executive Officer
- Angela Stephens, Senior Vice President
- Tim Cofer, Chief Executive Officer
- Anthony DiSilvestro, Chief Financial Officer
- Drew Panayiotou, Chief Marketing Officer
- Priyanka Pawar, Senior Manager Global Sourcing
- Stephanie Vantil, Senior Manager Talent Acquisition
- John Gigerich, Svp/cio
Verified email and direct lines for Keurig Dr Pepper’s decision-makers are on Fundz. See plans
Employee benefit plans
Keurig Dr Pepper files 12 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Keurig Dr Pepper in the news
- Keurig Dr Pepper Names Russ Torres Chief Executive Officer of Future Global Coffee Co. - Keurig Dr Pepper (Oct 01, 2026)
- Keurig Dr Pepper to Report Third Quarter 2026 Results and Host Conference Call - news.keurigdrpepper.com (Oct 01, 2026)
- KEURIG DR PEPPER HIGHLIGHTS PERFORMANCE AND PURPOSE-DRIVEN OUTCOMES IN 2025 IMPACT REPORT - Keurig Dr Pepper (Jun 17, 2026)
- 7UP Puts Lime in the Spotlight With Its Biggest Brand Evolution in More Than 15 Years - Keurig Dr Pepper (Aug 10, 2026)
- Keurig Dr Pepper Announces Leadership Updates - Jun 23, 2026 - news.keurigdrpepper.com (Jun 23, 2026)
- Keurig Dr Pepper Declares Quarterly Dividend - Keurig Dr Pepper (May 20, 2026)
- Keurig Dr Pepper's 2026 State of Beverages Trend Report Reveals Gen Z's Drink Choice Is Now a Form of Self-Expression - news.keurigdrpepper.com (May 06, 2026)
- Keurig Dr Pepper Marks Milestones and Highlights Steady Progress in 2024 Impact Report - Keurig Dr Pepper (Jun 18, 2025)
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About Keurig Dr Pepper: questions and answers
What does Keurig Dr Pepper do?
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. KDP holds leadership positions in liquid refreshment beverages, including soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's p
Where is Keurig Dr Pepper headquartered?
Keurig Dr Pepper is headquartered in Burlington, California, United States.
How many employees does Keurig Dr Pepper have?
Keurig Dr Pepper has about 31,000 employees.
Has Keurig Dr Pepper raised funding?
Yes. Fundz has recorded 1 funding event for Keurig Dr Pepper. The most recent, Private Equity of $7.0B, was in Oct 2025.
Who leads Keurig Dr Pepper?
Sudhanshu Priyadarshi is a Chief Financial Officer & President, International at Keurig Dr Pepper.
What is the latest news on Keurig Dr Pepper?
On Oct 01, 2026, Keurig Dr Pepper Inc. Appoints Russ Torres as Chief Executive Officer
Is Keurig Dr Pepper a public company?
Yes. Keurig Dr Pepper is publicly traded under the ticker KDP.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy