Keurig Dr Pepper Evolves Executive Leadership Team in Support of Growth Strategy

Organizational Changes - Drew Panayiotou, Chief Marketing Officer, expands responsibilities to include Marketing for both U.S. Refreshment Beverages and U.S. Coffee, along with enterprise Marketing Services, accelerating a digital-first marketing approach [1] - Justin Whitmore appointed to the newly created role of President, KDP Energy, overseeing KDP's energy brand portfolio, including marketing, sales, operations, and integration, reporting to Eric Gorli [2] - Andrew Archambault, President, U.S. Refreshment Beverages, will depart KDP on January 31 after supporting the transition to the new organizational structure [3] - Sean Cronican, Chief Customer Officer, will lead KDP's customer-facing teams for all customer partnerships in the U.S., including grocery, mass, club, small format, fountain foodservice, and e-commerce [9] - Eric Gorli, President, U.S. Refreshment Beverages, will oversee KDP's $9 billion liquid refreshment business, including carbonated soft drinks, still beverages, and energy portfolios in the U.S. [10] Company Overview - Keurig Dr Pepper is a leading beverage company in North America with a portfolio of over 125 owned, licensed, and partner brands, generating annual revenue of approximately $15 billion [4] - The company holds leadership positions in beverage categories including soft drinks, coffee, tea, water, juice, and mixers, and has the 1 single-serve coffee brewing system in the U.S. and Canada [4] - KDP's innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration, and ready-to-drink coffee [4] Growth Opportunities - KDP has significantly increased its category market share in the energy category through brand and infrastructure investments, with its energy portfolio now generating over $1 billion in retail sales [2]