Keurig Green Mountain (NASDAQ: GMCR) Responds to Speculation About Changes to the R&D and Engineering teams:

WATERBURY, Vt.--(BUSINESS WIRE)--“Kevin Sullivan, formerly Keurig’s Chief Technology Officer, remains with the company and has no plans to leave. Over the past 15 months, Kevin and Brian Kelley, Keurig’s President and CEO, have been working closely together to shift Kevin’s responsibilities at his request. Kevin will now focus exclusively on critical technology initiatives for the company. In April 2015, following a comprehensive search to find the best candidate to serve as Keurig’s Chief Technology Officer, Mark Choe assumed the position, joining Keurig from Whirlpool Corporation. Since Mark began in his role, he and Kevin have been working closely together to ensure a seamless transition. There has been no shake-up in our R&D division.”