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Keurig Dr Pepper Names Russ Torres Chief Executive Officer of Future Global Coffee Co.

  • Keurig Dr Pepper Inc. named Russ Torres as Chief Executive Officer of the future Global Coffee Co., effective November 3, 2026.
  • Torres will initially serve as CEO of KDP's Coffee Operating Unit to lead the integration of KDP's & JDE Peet's operations before the planned separation in early 2027.
  • Upon separation, Torres will join the Global Coffee Co. Board of Directors while reporting to KDP CEO Tim Cofer, who will become CEO of the Beverage Co.
  • Torres joins from Kimberly-Clark Corporation, where he served as President & Chief Operating Officer overseeing operations in over 30 countries.
  • The future Global Coffee Co. is projected to generate approximately $16 billion in annual revenue, employ more than 25,000 people, & serve markets in over 100 countries.
  • The new entity will feature a portfolio including Keurig®, Jacobs®, Peet's®, L'OR®, & Green Mountain Coffee Roasters® across various coffee formats.
  • Torres holds an MBA from Northwestern University's Kellogg School of Management & a Bachelor of Arts in Physics from Dartmouth College.
  • KDP Board Chairman Pamela Patsley stated Torres is the clear choice to establish the world's largest pure-play coffee powerhouse following a rigorous global search.