Keurig Dr Pepper Announces Appointment of New Director to its Board

Rhea-AI Summary

Keurig Dr Pepper (NASDAQ: KDP) appointed Juliette Hickman as a director of its board effective January 18, 2021. Hickman brings over 20 years of investment experience, notably in the global beverage industry, having worked previously as an investment analyst at the Capital Group Companies. KDP's Chairman and CEO Bob Gamgort expressed confidence in Hickman's expertise in corporate strategy, financial analysis, and risk assessment, anticipating her contributions will enhance value creation at KDP.

Positive

• Juliette Hickman's extensive background in the beverage industry and investment will provide fresh perspectives to KDP's board.
• Hickman's expertise in corporate strategy and financial analysis may strengthen KDP's decision-making processes.

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• None.

BURLINGTON, Mass. and PLANO, Texas, Jan. 21, 2021 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) announced today that Juliette Hickman has been appointed a director of the KDP board, effective January 18, 2021.  Juliette is a former investment analyst at the Capital Group Companies, with exposure to a broad range of industries on a global basis and specific expertise and focus on the global beverage industry.  Juliette currently serves as an independent director for Montanya Distillers.

Commenting on the announcement, KDP Chairman and CEO Bob Gamgort stated, "We are pleased to welcome Juliette to our board.  Her deep understanding of the beverage industry, coupled with more than 20 years of investing experience and expertise in corporate strategy, mergers and acquisitions, financial analysis and risk assessment make her a valuable addition to KDP."

"I'm excited to be joining the board of Keurig Dr Pepper," said Juliette Hickman. "I look forward to sharing my experience as an investor in the global beverage industry and helping to drive the value creation in KDP that lies ahead."

KDP Contacts
Tyson Seely (Investors)
T: 781-418-3352 / tyson.seely@kdrp.com

Steve Alexander (Investors)
T: 972-673-6769 / steve.alexander@kdrp.com

Katie Gilroy (Media)
T: 781-418-3345 / katie.gilroy@kdrp.com 

About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billion and nearly 26,000 employees. KDP holds leadership positions in 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 portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers.  The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability.

 

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SOURCE Keurig Dr Pepper

FAQ

What is the significance of Juliette Hickman's appointment to KDP's board?

Juliette Hickman's appointment is significant as she brings extensive experience in the beverage industry and investment, which could enhance KDP's strategic decision-making.

When was Juliette Hickman appointed to the KDP board?

Juliette Hickman was appointed to the KDP board effective January 18, 2021.

What experience does Juliette Hickman have relevant to KDP?

Juliette Hickman has over 20 years of experience as an investment analyst focused on the beverage industry and is currently an independent director for Montanya Distillers.

How might Juliette Hickman's expertise benefit KDP?

Her expertise in corporate strategy, mergers and acquisitions, and risk assessment may drive value creation and enhance KDP's competitiveness.