Keurig Dr Pepper Inc. has announced a CEO transition plan that leverages the successful partnership between Chairman & CEO Bob Gamgort and CFO Ozan Dokmecioglu to ensure continuity of the company's leadership and strategic direction, while strengthening its focus on deploying its exceptional discretionary free cash flow to create shareholder value.
The KDP Board of Directors has appointed Ozan Dokmecioglu, currently Chief Financial Officer & President of International, as the next Chief Executive Officer, effective July 29, 2022. Dokmecioglu will join the Company's Board of Directors at that time. Bob Gamgort, currently Chairman and CEO, has committed to serve as Executive Chairman of KDP for two years.