Keurig Dr Pepper Names Justin Whitmore Chief Strategy Officer

Rhea-AI Summary

Keurig Dr Pepper (NASDAQ: KDP) has appointed Justin Whitmore as the new Chief Strategy Officer, effective March 1. He will join the Executive Leadership Team and oversee strategy development, including mergers and acquisitions. Whitmore previously held roles at Tyson Foods and McKinsey & Company, focusing on global growth and sustainability. KDP generates over $11 billion in annual revenue and employs nearly 26,000 people, positioning itself as a leading beverage company in North America.

Positive

• Appointment of Justin Whitmore as Chief Strategy Officer may enhance strategic initiatives.
• Whitmore's experience in global growth strategies could benefit KDP's expansion plans.
• KDP's strong annual revenue of over $11 billion indicates a robust business presence.

Negative

• None.

BURLINGTON, Mass. and PLANO, Texas, Feb. 12, 2021 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced the appointment of Justin Whitmore to the new role of Chief Strategy Officer, effective March 1, reporting to Chairman and Chief Executive Officer Bob Gamgort.  He will join the ELT and lead enterprise strategy work, including mergers and acquisitions, and corporate partnerships.

Whitmore joins KDP from Tyson Foods, where he played a key role in the company's global growth, value creation and venture capital strategy, most recently as Executive Vice President Alternative Protein and previously Executive Vice President and Chief Strategy & Sustainability Officer. Prior to Tyson Foods, he was an associate partner at McKinsey & Company, where he focused on consumer products and worked extensively with clients in the food and beverage sector. He was previously with Booz & Company, now known as Strategy& as part of the PwC network.

Whitmore holds a Master of Business Administration from the University of Notre Dame and a bachelor's degree in Business Management from the University of Alabama at Birmingham. In 2019, he was named to CNN's Risk Takers list, recognizing the top 20 leaders pushing global business forward. He also has been named one of the Most Influential Blacks in Corporate America by Savoy Magazine and among Black Enterprise Magazine's 300 Most Powerful Executives in Corporate America.

Commenting on the announcement, Bob Gamgort stated, "Justin is an exceptional addition to the KDP leadership team. He has a proven track record as an executive who drives innovative strategies, champions consumer insights and delivers transformative results. We're excited to welcome him to our leadership team."

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. For more information, visit, www.keurigdrpepper.com.

Media Contact

Keurig Dr Pepper
Katie Gilroy
T: 781-418-3345
Katie.gilroy@kdrp.com

Investor Contact:

Keurig Dr Pepper
Tyson Seely
T: 781-418-3352
tyson.seely@kdrp.com

 

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SOURCE Keurig Dr Pepper

FAQ

Who is the new Chief Strategy Officer of Keurig Dr Pepper (KDP)?

Justin Whitmore has been appointed as the new Chief Strategy Officer of Keurig Dr Pepper.

What is Justin Whitmore's background before joining KDP?

Justin Whitmore previously worked at Tyson Foods and McKinsey & Company, focusing on global growth and sustainability strategies.

When will Justin Whitmore start his role at KDP?

Justin Whitmore will start his role as Chief Strategy Officer on March 1.

What is Keurig Dr Pepper's annual revenue?

Keurig Dr Pepper has an annual revenue exceeding $11 billion.

How many employees does Keurig Dr Pepper have?

Keurig Dr Pepper employs nearly 26,000 people.